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

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

70 SPENCE LANE is a large detached house of 116m². It was last sold for £212,500 in December 2022, which was around 48% 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	£408,898	48% below HPI
2020 29 MAY	£187,500	£327,001	43% 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 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2022 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

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 in Huncote, based on EPC data. The below chart shows the distribution of detached houses by size in Huncote, and where 70 SPENCE LANE lies on this distribution: 69% of detached 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 7.4 acres, or 29,994m². 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.