3, SPENCEFIELD GARDENS, LEICESTER, LE5 6PY - £390,000

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

3 SPENCEFIELD GARDENS is a large detached house of 141m², built sometime from 2007 onwards. It was last sold for £390,000 in June 2015, which was around 68% above the average June 2015 detached price in the Leicester local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

3 SPENCEFIELD GARDENS Sold Prices

Land registry data shows two sales for 3 SPENCEFIELD GARDENS 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 3 SPENCEFIELD GARDENS 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
2015 8 JUN	£390,000	£232,269	68% above HPI
2014 31 JAN	£245,000	£215,628	14% above HPI

3 SPENCEFIELD GARDENS 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 3 SPENCEFIELD GARDENS sales from January 2014 and June 2015 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 January 2014 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2015 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 3 SPENCEFIELD GARDENS?

3 SPENCEFIELD GARDENS is 141m² according to the EPC inspection conducted in March 2012. 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 3 SPENCEFIELD GARDENS lies on this distribution: 72% of detached houses are smaller than 3 SPENCEFIELD GARDENS, and 28% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 SPENCEFIELD GARDENS: Plot and Title Map

3 SPENCEFIELD GARDENS sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 3 SPENCEFIELD GARDENS, 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 3 SPENCEFIELD GARDENS). 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 3 SPENCEFIELD GARDENS?

3 SPENCEFIELD GARDENS is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 3 on SPENCEFIELD GARDENS.