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Company No. 11113204
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According to the public record, 5, Gorse Lane, Leicester is a mid-century freehold house with 2,938 ft2 of internal area and sits on a 2,007 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 5, Gorse Lane, Leicester is £587,126 and the estimated rental value is £1,973 per month.
Gorse Lane, Oadby, Leicester, LE2 is located in the borough of Oadby and Wigston within the LE2 postal district.
5, Gorse Lane, Leicester has 2 entries in the Land Registry , most recently in May 2016 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 5, Gorse Lane, Leicester is in very good condition we estimate a sale value of £616,482 and a rental value of £2,072 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £546,027 and a rental value of £1,835 per month.
Over the last 12 months the sale value of 5 Gorse Lane Leicester has decreased by an estimated £15,741 (2.7%) and its rental value has increased by an estimated £39 per month (2.0%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 5, Gorse Lane, Leicester sits on a plot of 2007m2.
We have plot size data on 21 out of 22 other houses in the postcode and 5, Gorse Lane, Leicester sits on the largest plot.
5, Gorse Lane, Leicester has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 24 Feb 2021.
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, 5, Gorse Lane, Leicester was last sold on 9th May 2016 for £695,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2016, the market for similar properties has risen 15.0%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 5, Gorse Lane, Leicester within a radius of 870 metres over the last 2 years.
The most recent example is 24, Erringtons Close, Leicester, LE2 4RP, a freehold house which sold for £230,000 on the 16th September 2016.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gorse Lane, Oadby, Leicester, LE2 has a total of 52 addresses. According to our analysis of all the public data, 5, Gorse Lane, Leicester is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £310k more expensive than the average property in LE2.
The closest station to 5, Gorse Lane, Leicester is South Wigston station which is 5.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Gorse Lane, Leicester, % of property is and % is .
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 5, Gorse Lane, Leicester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 5, Gorse 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 5, Gorse Lane, Leicester, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
