21, Spencefield Lane
21, Spencefield Lane
Description & Estimates
Public records show 21, Spencefield Lane, Leicester to be an early-century freehold house with 1,668 ft2 of internal area, sitting on a 1,635 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
21, Spencefield Lane, Leicester has an estimated sale value of £813,845 and an estimated rental value of £2,615 per month, assuming reasonable condition and based on the information available.
Spencefield Lane, Leicester, LE5 lies within the LE5 postal district.
Our Data Sources
21, Spencefield Lane, Leicester has 21 entries in the Land Registry , most recently in June 2018 and a single entry in the EPC database dated January 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 21, Spencefield Lane, Leicester would be worth £854,537, with a potential rental value of £2,746 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £756,875, with a rental value of £2,432 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 21, Spencefield Lane, Leicester has fallen by £14,593 (1.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £76 (2.9%). The property's estimated gross yield is currently 3.9%.
Plot Size
21, Spencefield Lane, Leicester occupies a 1,635 m2 plot as recorded by HM Land Registry.
All 18 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
21, Spencefield Lane, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
21, Spencefield Lane, Leicester last changed hands on 1st June 2018, selling for £615,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 2.5% since June 2018.
- Sold Jun 2018£615,000
- Sold Nov 1995£140,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of 21, Spencefield Lane, Leicester across the last 2 years.
Most recently, 15, Spencefield Lane, Leicester, LE5 6PT, a freehold house, sold at £785,000 on the 1st September 2020.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 21, Spencefield Lane, Leicester as the 79th largest and the 33rd most expensive of the 169 addresses on Spencefield Lane, Leicester, LE5.
Against the LE5 postcode district average, it is £543k more expensive than the typical property.
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Schools Nearby
- 400mKrishna Avanti Primary School
- 600mWhitehall Primary School
- 800mThurnby Mead Primary Academy
- 300mSt Paul's Catholic School, a Voluntary Academy
- 600mThe City of Leicester College
- 1.0kmJudgemeadow Community College
More reading links
Public Transport Nearby
Leicester station is the nearest stop to 21, Spencefield Lane, Leicester at 4.1 kilometres away.
- 4.1kmLeicester
- 7.1kmSouth Wigston
- 7.2kmSyston
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
