70, SPENCE LANE, HUNCOTE, LEICESTER, LE9 3BX - £212,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

70 SPENCE LANE is a large detached house of 116m², which could now be worth an estimated £205,492. It was last sold for £212,500 in December 2022, which was around 47% below the average December 2022 detached price in the Blaby local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.

70 SPENCE LANE Sold Prices

Land registry data shows two sales for 70 SPENCE 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 Blaby local authority area for the corresponding sale date. Both of the two 70 SPENCE LANE sales were for below 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
2022 12 DEC	£212,500	£400,740	47% below HPI
2020 29 MAY	£187,500	£320,477	41% below HPI

70 SPENCE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 70 SPENCE LANE sales from May 2020 and December 2022 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 May 2020 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2022 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 70 SPENCE LANE be worth now?

70 SPENCE LANE might now be worth an estimated £205,492.

This is based on house price deflation of 3.3%, between December 2022 and March 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.3% deflationary decrease is applied to the most recent sale price for 70 SPENCE LANE of £212,500 on 12th December 2022. For the value to have decreased from £212,500 to £205,492 over the three years and nine months to March 2025, the following assumptions must hold true:

• The value of 70 SPENCE LANE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The December 2022 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 70 SPENCE LANE has not materially changed since December 2022.

How Large is 70 SPENCE LANE?

70 SPENCE LANE is 116m² according to the EPC inspection conducted in July 2019. This puts it in the largest 30% of detached houses houses in Huncote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Huncote, and where 70 SPENCE LANE lies on this distribution: 69% of detached houses houses are smaller than 70 SPENCE LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Huncote.

70 SPENCE LANE: Plot and Title Map

70 SPENCE LANE sits on a plot of roughly 7.2 acres, or 29,004m². The below map shows the location of 70 SPENCE 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 70 SPENCE 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 70 SPENCE LANE?

70 SPENCE LANE is located in HUNCOTE, in the LE9 postcode district. The below map shows the position of No. 70 on SPENCE LANE.