49B, Spencefield Lane
49B, Spencefield Lane
Description & Estimates
49B, Spencefield Lane, Leicester is recorded publicly as a modern freehold house across 2,884 ft2 of internal area, sitting on a 1,383 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 49B, Spencefield Lane, Leicester is £1,137,277 and its rental estimate is £3,754 per month, given the available information and assuming reasonable condition.
Spencefield Lane, Leicester, LE5 falls within the LE5 postal district.
Our Data Sources
49B, Spencefield Lane, Leicester has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 49B, Spencefield Lane, Leicester, we estimate a market value of £1,194,140 and a rental value of £3,941 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,057,667 and £3,491 per month respectively.
Recent Market Change
Over the last year, 49B, Spencefield Lane, Leicester has seen its estimated sale value fall by £16,823 (1.5%) and its estimated rental value move up by £121 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 49B, Spencefield Lane, Leicester as measuring 1,383 m2.
That makes it the 5th largest plot in the postcode, where all 18 other houses have recorded plot data.
Energy Efficiency
49B, Spencefield Lane, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 49B, Spencefield Lane, Leicester completed on 4th July 2019 at £680,000 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 25.9% over the period since July 2019.
- Sold Jul 2019£680,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 49B, Spencefield Lane, Leicester have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th June 2025, was 95, Spencefield Lane, Leicester, LE5 6HH, a freehold house which sold for £955,000.
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, 49B, Spencefield Lane, Leicester comes out as the 15th largest and the 3rd most expensive in our analysis of the public data.
It is also £866k more expensive than the average property across the LE5 district.
More reading links
Schools Nearby
- 400mKrishna Avanti Primary School
- 600mWhitehall Primary School
- 800mThurnby Mead Primary Academy
- 300mSt Paul's Catholic School, a Voluntary Academy
- 600mThe City of Leicester College
- 1.0kmJudgemeadow Community College
More reading links
Public Transport Nearby
From 49B, Spencefield Lane, Leicester, the nearest station is Leicester, 4.1 kilometres away.
- 4.1kmLeicester
- 7.1kmSouth Wigston
- 7.2kmSyston
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.
