45, SPENCEFIELD LANE, LEICESTER, LE5 6PT - £345,000

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

45 SPENCEFIELD LANE is a very large detached house of 176m², built sometime between 1930 and 1949. It was last sold for £345,000 in August 2011, which was around 68% above the average August 2011 detached price in the Leicester local authority area. The most recent EPC inspection was April 2011, where the current energy rating was F, and the potential energy rating was E.

45 SPENCEFIELD LANE Sold Prices

Land registry data shows two sales for 45 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 45 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
2011 12 AUG	£345,000	£205,195	68% above HPI
1998 23 JAN	£185,000	£74,069	150% above HPI

45 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 45 SPENCEFIELD LANE sales from January 1998 and August 2011 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 1998 sale was for 150% above the HPI. So the extrapolation line tracks at 150% above the HPI over time, until the August 2011 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 45 SPENCEFIELD LANE?

45 SPENCEFIELD LANE is 176m² according to the EPC inspection conducted in April 2011. This puts it in the largest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 45 SPENCEFIELD LANE lies on this distribution: 87% of detached houses are smaller than 45 SPENCEFIELD LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Leicester.

45 SPENCEFIELD LANE: Plot and Title Map

45 SPENCEFIELD LANE sits on a plot of roughly 0.253 of an acre, or 1,024m². The below map shows the location of 45 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 45 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 45 SPENCEFIELD LANE?

45 SPENCEFIELD LANE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 45 on SPENCEFIELD LANE.