143, SPENCEFIELD LANE, LEICESTER, LE5 6GG - £267,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

143 SPENCEFIELD LANE is a large extended detached house of 142m², built sometime between 1950 and 1966. It was last sold for £267,000 in August 2010, which was around 29% above the average August 2010 detached price in the Leicester local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

143 SPENCEFIELD LANE Sold Prices

Land registry data shows two sales for 143 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 143 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
2010 27 AUG	£267,000	£207,744	29% above HPI
2004 8 OCT	£235,000	£204,128	15% above HPI

143 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 143 SPENCEFIELD LANE sales from October 2004 and August 2010 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 October 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2010 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 143 SPENCEFIELD LANE?

143 SPENCEFIELD LANE is 142m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 30% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 143 SPENCEFIELD LANE lies on this distribution: 72% of detached houses are smaller than 143 SPENCEFIELD LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Leicester.

143 SPENCEFIELD LANE: Plot and Title Map

143 SPENCEFIELD LANE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 143 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 143 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 143 SPENCEFIELD LANE?

143 SPENCEFIELD LANE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 143 on SPENCEFIELD LANE.