70, Spencefield Lane
70, Spencefield Lane
Description & Estimates
According to the public record, 70, Spencefield Lane, Leicester is an early-century freehold house with 2,701 ft2 of internal area and sits on a 1,420 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 70, Spencefield Lane, Leicester is £949,791 and the estimated rental value is £3,135 per month.
Spencefield Lane, Leicester, LE5 is located within the LE5 postal district.
Our Data Sources
70, Spencefield Lane, Leicester has 41 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 70, Spencefield Lane, Leicester is in very good condition we estimate a sale value of £997,280 and a rental value of £3,292 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £883,306 and a rental value of £2,915 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 70, Spencefield Lane, Leicester has dropped by £14,050 (1.5%), while its estimated rental value has risen by £101 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Plot Size
According to data from HM Land Registry, 70, Spencefield Lane, Leicester sits on a plot of 1,420 m2.
We have plot size data on 34 out of 38 other houses in the postcode and 70, Spencefield Lane, Leicester sits on the largest plot.
Energy Efficiency
70, Spencefield Lane, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Nov 2020.
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, 70, Spencefield Lane, Leicester was last sold on 4th August 2023 for £930,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since August 2023, the market for similar properties has dropped by 41.0%.
- Sold Aug 2023£930,000
- Sold Feb 2021£850,000
- Sold Mar 2009£249,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 70, Spencefield Lane, Leicester within a radius of 710 metres over the last 2 years.
The most recent example is 34, Spencefield Lane, Leicester, LE5 6PS, a freehold house which sold for £725,000 on the 25th October 2019.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Spencefield Lane, Leicester, LE5 has a total of 169 addresses. According to our analysis of all the public data, 70, Spencefield Lane, Leicester is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £679k more expensive than the average property in LE5.
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Schools Nearby
- 200mKrishna Avanti Primary School
- 400mWhitehall Primary School
- 1.2kmThurnby Mead Primary Academy
- 300mSt Paul's Catholic School, a Voluntary Academy
- 400mThe City of Leicester College
- 600mJudgemeadow Community College
More reading links
Public Transport Nearby
The closest station to 70, Spencefield Lane, Leicester is Leicester station, which is 4.0 kilometres away.
- 4.0kmLeicester
- 6.8kmSouth Wigston
- 7.6kmSyston
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
