25, Springwell Lane
25, Springwell Lane
Description & Estimates
25, Springwell Lane, Leicester is recorded publicly as a modern freehold house across 2,292 ft2 of internal area, sitting on a 656 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 25, Springwell Lane, Leicester is £683,865 and its rental estimate is £1,969 per month, given the available information and assuming reasonable condition.
Springwell Lane, Whetstone, Leicester, LE8 falls within the LE8 postal district, in the borough of Blaby.
Our Data Sources
25, Springwell Lane, Leicester has a single entry in the Land Registry from June 2016 and a single entry in the EPC database dated June 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 25, Springwell Lane, Leicester, we estimate a market value of £718,059 and a rental value of £2,067 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £635,995 and £1,831 per month respectively.
Recent Market Change
Over the last year, 25, Springwell Lane, Leicester has seen its estimated sale value decline by £2,721 (0.4%) and its estimated rental value climb by £50 per month (2.5%). This results in an estimated gross rental yield of 3.5%.
Plot Size
HM Land Registry records the plot of land for 25, Springwell Lane, Leicester as measuring 656 m2.
That makes it the 5th largest plot in the postcode, where 40 of the 41 other houses have recorded plot data.
Energy Efficiency
25, Springwell Lane, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Jun 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 25, Springwell Lane, Leicester completed on 24th June 2016 at £524,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 42.7% over the period since June 2016.
- Sold Jun 2016£524,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 25, Springwell Lane, Leicester have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th April 2017, was 31, Springwell Lane, Leicester, LE8 6LT, a freehold house which sold for £499,995.
Read more about house prices in LE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 41 addresses on Springwell Lane, Whetstone, Leicester, LE8, 25, Springwell Lane, Leicester comes out as the 3rd largest and the 2nd most expensive in our analysis of the public data.
It is also £355k more expensive than the average property across the LE8 district.
More reading links
Schools Nearby
- 300mBadgerbrook Primary School
- 1.0kmCosby Primary School
- 1.5kmSt Peter's Church of England Primary School Whetstone
- 1.4kmCountesthorpe Academy
- 3.5kmBrockington College
- 3.6kmSouth Wigston High School
More reading links
Public Transport Nearby
From 25, Springwell Lane, Leicester, the nearest station is Narborough, 2.1 kilometres away.
- 2.1kmNarborough
- 4.1kmSouth Wigston
- 8.9kmLeicester
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
