1, SPENCEFIELD DRIVE, LEICESTER, LE5 6FE - £310,000

1 SPENCEFIELD DRIVE is a midsized extended detached house of 126m², built sometime between 1976 and 1982. It was last sold for £310,000 in April 2011, which was around 50% above the average April 2011 detached price in the Leicester local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

1 SPENCEFIELD DRIVE Sold Prices

Land registry data shows three sales for 1 SPENCEFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 1 SPENCEFIELD DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 19 APR	£310,000	£206,450	50% above HPI
2001 22 AUG	£145,000	£104,636	39% above HPI
1995 15 DEC	£98,000	£69,509	41% above HPI

1 SPENCEFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The three 1 SPENCEFIELD DRIVE sales between December 1995 and April 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2001 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the April 2011 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 1 SPENCEFIELD DRIVE?

1 SPENCEFIELD DRIVE is 126m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 1 SPENCEFIELD DRIVE lies on this distribution: 60% of detached houses are smaller than 1 SPENCEFIELD DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1 SPENCEFIELD DRIVE: Plot and Title Map

1 SPENCEFIELD DRIVE sits on a plot of roughly 0.194 of an acre, or 785m². The below map shows the location of 1 SPENCEFIELD DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 SPENCEFIELD DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 SPENCEFIELD DRIVE?

1 SPENCEFIELD DRIVE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 1 on SPENCEFIELD DRIVE.