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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 25, Spencefield Lane, Leicester is a modern freehold house with 1,068 ft2 of internal area and sits on a 1,317 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 25, Spencefield Lane, Leicester is £618,645 and the estimated rental value is £2,107 per month.
Spencefield Lane, Leicester, LE5 is located within the LE5 postal district.
25, Spencefield Lane, Leicester has a single entry in the Land Registry from August 2012 and a single entry in the EPC database dated August 2011.
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.
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 25, Spencefield Lane, Leicester is in very good condition we estimate a sale value of £649,577 and a rental value of £2,213 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £575,340 and a rental value of £1,960 per month.
Over the past 12 months, the estimated sale value of 25, Spencefield Lane, Leicester has dropped by £7,670 (1.2%), while its estimated rental value has risen by £82 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 4.1%.
According to data from HM Land Registry, 25, Spencefield Lane, Leicester sits on a plot of 1,317 m2.
We have plot size data on 18 out of 18 other houses in the postcode and 25, Spencefield Lane, Leicester sits on the 6th largest plot.
25, Spencefield Lane, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Aug 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 25, Spencefield Lane, Leicester was last sold on 3rd August 2012 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2012, the market for similar properties has risen by 53.4%.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 25, Spencefield Lane, Leicester within a radius of 700 metres over the last 2 years.
The most recent example is 105, Spencefield Lane, Leicester, LE5 6HH, a freehold house which sold for £525,000 on the 14th December 2023.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spencefield Lane, Leicester, LE5 has a total of 169 addresses. According to our analysis of all the public data, 25, Spencefield Lane, Leicester is the 158th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £347k more expensive than the average property in LE5.
The closest station to 25, Spencefield Lane, Leicester is Leicester station, which is 4.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 25, Spencefield Lane, Leicester, 62.3% of property is privately owned outright and 25.4% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 25, Spencefield Lane, Leicester, 16.9% of residents are recorded as possessing school level qualifications and 33.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 25, Spencefield Lane, Leicester, the average age was 41.6 and the most common age was 12.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 25, Spencefield Lane, Leicester, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 25, Spencefield Lane, Leicester, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
