223, Spencefield Lane
223, Spencefield Lane
Description & Estimates
According to the public record, 223, Spencefield Lane, Leicester is a mid-century freehold house with 1,926 ft2 of internal area and sits on a 1,082 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 223, Spencefield Lane, Leicester is £422,714 and the estimated rental value is £1,724 per month.
Spencefield Lane, Leicester, LE5 is located within the LE5 postal district.
Our Data Sources
223, Spencefield Lane, Leicester has 31 entries in the Land Registry , most recently in April 2016 and a single entry in the EPC database dated December 2016.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 223, Spencefield Lane, Leicester is in very good condition we estimate a sale value of £443,850 and a rental value of £1,810 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £393,124 and a rental value of £1,603 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 223, Spencefield Lane, Leicester has dropped by £6,253 (1.5%), while its estimated rental value has risen by £56 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Plot Size
According to data from HM Land Registry, 223, Spencefield Lane, Leicester sits on a plot of 1,082 m2.
Energy Efficiency
223, Spencefield Lane, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Dec 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 223, Spencefield Lane, Leicester was last sold on 8th April 2016 for £270,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2016, the market for similar properties has risen by 12.2%.
- Sold Apr 2016£270,000
- Sold Jun 2006£399,000
- Sold Aug 2000£178,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 223, Spencefield Lane, Leicester within a radius of 910 metres over the last 2 years.
The most recent example is 21, Biggin Hill Road, Leicester, LE5 6HQ, a freehold house which sold for £420,000 on the 25th June 2021.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Spencefield Lane, Leicester, LE5 has a total of 169 addresses. According to our analysis of all the public data, 223, Spencefield Lane, Leicester is the 55th largest and the 155th most expensive property on the street.
When compared to the postcode district it is £152k more expensive than the average property in LE5.
More reading links
Schools Nearby
- 600mWhitehall Primary School
- 700mLinden Primary School
- 700mKrishna Avanti Primary School
- 400mJudgemeadow Community College
- 800mSt Paul's Catholic School, a Voluntary Academy
- 900mThe City of Leicester College
More reading links
Public Transport Nearby
The closest station to 223, Spencefield Lane, Leicester is Leicester station, which is 3.7 kilometres away.
- 3.7kmLeicester
- 6.1kmSouth Wigston
- 8.1kmSyston
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
