99, SPENCEFIELD LANE, LEICESTER, LE5 6HH - £1,075,000

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

99 SPENCEFIELD LANE is a very large extended detached house of 272m², built sometime between 1996 and 2002. It was last sold for £1,075,000 in July 2023, which was around 172% above the average July 2023 detached price in the Leicester local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

99 SPENCEFIELD LANE Sold Prices

Land registry data shows two sales for 99 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 99 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 12 JUL	£1,075,000	£394,967	172% above HPI
2016 19 JUL	£500,000	£259,129	93% above HPI

99 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 99 SPENCEFIELD LANE sales from July 2016 and July 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 July 2016 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the July 2023 sale, where it rises to 172% above the HPI. The line then continues to track at 172% above the HPI.

How Large is 99 SPENCEFIELD LANE?

99 SPENCEFIELD LANE is 272m², which includes four extensions, according to the EPC inspection conducted in January 2023. 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 99 SPENCEFIELD LANE lies on this distribution: 98% of detached houses are smaller than 99 SPENCEFIELD LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Leicester.

99 SPENCEFIELD LANE: Plot and Title Map

99 SPENCEFIELD LANE sits on a plot of roughly 0.313 of an acre, or 1,267m². The below map shows the location of 99 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 99 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 99 SPENCEFIELD LANE?

99 SPENCEFIELD LANE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 99 on SPENCEFIELD LANE.