192, SPENCEFIELD LANE, LEICESTER, LE5 6HG - £471,000

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

192 SPENCEFIELD LANE is a small detached house of 100m², built sometime between 1930 and 1949. It was last sold for £471,000 in December 2018, which was around 54% above the average December 2018 detached price in the Leicester local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was E.

192 SPENCEFIELD LANE Sold Prices

Land registry data shows three sales for 192 SPENCEFIELD LANE 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 192 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
2018 14 DEC	£471,000	£306,662	54% above HPI
2006 1 SEP	£277,500	£206,127	35% above HPI
2004 30 JUN	£249,950	£192,208	30% above HPI

192 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 three 192 SPENCEFIELD LANE sales between June 2004 and December 2018 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 September 2006 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the December 2018 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 192 SPENCEFIELD LANE?

192 SPENCEFIELD LANE is 100m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 192 SPENCEFIELD LANE lies on this distribution: 34% of detached houses are smaller than 192 SPENCEFIELD LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Leicester.

192 SPENCEFIELD LANE: Plot and Title Map

192 SPENCEFIELD LANE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 192 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 192 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 192 SPENCEFIELD LANE?

192 SPENCEFIELD LANE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 192 on SPENCEFIELD LANE.