93, Spencefield Lane
93, Spencefield Lane
Description & Estimates
93, Spencefield Lane, Leicester is recorded publicly as a mid-century freehold house across 1,743 ft2 of internal area, sitting on a 1,427 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 93, Spencefield Lane, Leicester is £695,997 and its rental estimate is £2,297 per month, given the available information and assuming reasonable condition.
Spencefield Lane, Leicester, LE5 falls within the LE5 postal district.
Our Data Sources
93, Spencefield Lane, Leicester has a single entry in the Land Registry from January 2017 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 93, Spencefield Lane, Leicester, we estimate a market value of £730,797 and a rental value of £2,412 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £647,277 and £2,136 per month respectively.
Recent Market Change
Over the last year, 93, Spencefield Lane, Leicester has seen its estimated sale value drop by £10,295 (1.5%) and its estimated rental value rise by £74 per month (3.2%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 93, Spencefield Lane, Leicester as measuring 1,427 m2.
That makes it the 8th largest plot in the postcode, where all 25 other houses have recorded plot data.
Energy Efficiency
93, Spencefield Lane, Leicester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 27 Jun 2016.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 93, Spencefield Lane, Leicester completed on 23rd January 2017 at £500,000 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 dropped by 11.1% over the period since January 2017.
- Sold Jan 2017£500,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 93, Spencefield Lane, Leicester have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th April 2023, was 103, Spencefield Lane, Leicester, LE5 6HH, a freehold house which sold for £702,500.
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
Of the 169 addresses on Spencefield Lane, Leicester, LE5, 93, Spencefield Lane, Leicester comes out as the 71st largest and the 67th most expensive in our analysis of the public data.
It is also £425k more expensive than the average property across the LE5 district.
More reading links
Schools Nearby
- 200mKrishna Avanti Primary School
- 400mWhitehall Primary School
- 1.1kmThurnby Mead Primary Academy
- 200mSt Paul's Catholic School, a Voluntary Academy
- 400mThe City of Leicester College
- 700mJudgemeadow Community College
More reading links
Public Transport Nearby
From 93, Spencefield Lane, Leicester, the nearest station is Leicester, 4.0 kilometres away.
- 4.0kmLeicester
- 6.8kmSouth Wigston
- 7.5kmSyston
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.
