31, Springwell Lane
31, Springwell Lane
Description & Estimates
Public records show 31, Springwell Lane, Leicester to be a modern freehold house with 2,292 ft2 of internal area, sitting on a 667 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
31, Springwell Lane, Leicester has an estimated sale value of £683,865 and an estimated rental value of £1,969 per month, assuming reasonable condition and based on the information available.
Springwell Lane, Whetstone, Leicester, LE8 lies in the borough of Blaby, within the LE8 postal district.
Our Data Sources
31, Springwell Lane, Leicester has a single entry in the Land Registry from April 2017 and a single entry in the EPC database dated November 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
In very good condition, we estimate 31, Springwell Lane, Leicester would be worth £718,059, with a potential rental value of £2,067 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £635,995, with a rental value of £1,831 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 31, Springwell Lane, Leicester has declined by £2,721 (0.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £50 (2.5%). The property's estimated gross yield is currently 3.5%.
Plot Size
31, Springwell Lane, Leicester occupies a 667 m2 plot as recorded by HM Land Registry.
Of the 41 other houses in this postcode, 40 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
31, Springwell Lane, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 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
31, Springwell Lane, Leicester last changed hands on 7th April 2017, selling for £499,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 35.4% since April 2017.
- Sold Apr 2017£499,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 31, Springwell Lane, Leicester across the last 2 years.
Most recently, 39, Springwell Lane, Leicester, LE8 6LT, a freehold house, sold at £499,995 on the 9th June 2017.
Read more about house prices in LE8.
•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 31, Springwell Lane, Leicester as the largest and the most expensive of the 41 addresses on Springwell Lane, Whetstone, Leicester, LE8.
Against the LE8 postcode district average, it is £355k more expensive than the typical property.
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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
Narborough station is the nearest stop to 31, Springwell Lane, Leicester at 2.1 kilometres away.
- 2.1kmNarborough
- 4.1kmSouth Wigston
- 8.9kmLeicester
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.
