70, SPENCEFIELD LANE, LEICESTER, LE5 6HF - £930,000

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

70 SPENCEFIELD LANE is a very large extended detached house of 251m², built sometime between 1900 and 1929. It was last sold for £930,000 in August 2023, which was around 135% above the average August 2023 detached price in the Leicester local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

70 SPENCEFIELD LANE Sold Prices

Land registry data shows four sales for 70 SPENCEFIELD LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the four 70 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
2023 4 AUG	£930,000	£395,627	135% above HPI
2021 16 FEB	£850,000	£342,335	148% above HPI
2009 26 MAR	£249,000	£189,136	32% above HPI
2006 16 JUN	£429,950	£205,298	109% above HPI

70 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 four 70 SPENCEFIELD LANE sales between June 2006 and August 2023 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 February 2021 sale was for 148% above the HPI. So the extrapolation line tracks at 148% above the HPI over time, until the August 2023 sale, where it falls to 135% above the HPI. The line then continues to track at 135% above the HPI.

How Large is 70 SPENCEFIELD LANE?

70 SPENCEFIELD LANE is 251m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the largest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 70 SPENCEFIELD LANE lies on this distribution: 98% of detached houses are smaller than 70 SPENCEFIELD LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Leicester.

70 SPENCEFIELD LANE: Plot and Title Map

70 SPENCEFIELD LANE sits on a plot of roughly 0.351 of an acre, or 1,419m². The below map shows the location of 70 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 70 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 70 SPENCEFIELD LANE?

70 SPENCEFIELD LANE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 70 on SPENCEFIELD LANE.