113, SPENCEFIELD LANE, LEICESTER, LE5 6HH - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

113 SPENCEFIELD LANE is a very large extended detached house of 214m², built sometime between 1930 and 1949. It was last sold for £315,000 in November 2007, which was around 41% above the average November 2007 detached price in the Leicester local authority area. The most recent EPC inspection was December 2013, where the current energy rating was F, and the potential energy rating was B.

113 SPENCEFIELD LANE Sold Prices

Land registry data shows two sales for 113 SPENCEFIELD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 113 SPENCEFIELD LANE 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
2007 23 NOV	£315,000	£223,056	41% above HPI
2004 27 AUG	£315,000	£198,152	59% above HPI

113 SPENCEFIELD LANE 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 two 113 SPENCEFIELD LANE sales from August 2004 and November 2007 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 2004 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the November 2007 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 113 SPENCEFIELD LANE?

113 SPENCEFIELD LANE is 214m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 113 SPENCEFIELD LANE lies on this distribution: 95% of detached houses are smaller than 113 SPENCEFIELD LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Leicester.

113 SPENCEFIELD LANE: Plot and Title Map

113 SPENCEFIELD LANE sits on a plot of roughly 0.207 of an acre, or 836m². The below map shows the location of 113 SPENCEFIELD LANE, 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 113 SPENCEFIELD LANE). 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 113 SPENCEFIELD LANE?

113 SPENCEFIELD LANE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 113 on SPENCEFIELD LANE.