172, SPENCEFIELD LANE, LEICESTER, LE5 6HG - £245,000

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

172 SPENCEFIELD LANE is a large extended detached house of 149m², built sometime between 1900 and 1929. It was last sold for £245,000 in April 2004, which was around 33% above the average April 2004 detached price in the Leicester local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

172 SPENCEFIELD LANE Sold Prices

Land registry data shows two sales for 172 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 172 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
2004 8 APR	£245,000	£184,577	33% above HPI
1995 7 JUL	£93,050	£69,584	34% above HPI

172 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 172 SPENCEFIELD LANE sales from July 1995 and April 2004 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 July 1995 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the April 2004 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 172 SPENCEFIELD LANE?

172 SPENCEFIELD LANE is 149m², which includes one extension, according to the EPC inspection conducted in October 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 172 SPENCEFIELD LANE lies on this distribution: 76% of detached houses are smaller than 172 SPENCEFIELD LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Leicester.

172 SPENCEFIELD LANE: Plot and Title Map

172 SPENCEFIELD LANE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 172 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 172 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 172 SPENCEFIELD LANE?

172 SPENCEFIELD LANE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 172 on SPENCEFIELD LANE.