According to the public record, 140, Spencefield Lane, Leicester is a early-century house with 1,980 ft2 of internal area and sits on a 443 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Spencefield Lane, Leicester, LE5 is located within the LE5 postal district.
140, Spencefield Lane, Leicester has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 140 Spencefield Lane Leicester as £624,580 and the rental value as £1,582 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 140 Spencefield Lane Leicester has decreased by £2,587 (0.4%) and its rental value has increased by £53 per month (3.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 140, Spencefield Lane, Leicester is in very good condition we estimate a sale value of £655,809 and rental value of £1,662 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £580,860 and a rental value of £1,472 per month.
If you were able to purchase this property for the estimated value of £624,580, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,070 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 140, Spencefield Lane, Leicester sits on a plot of 443m2.
We have plot size data on 21 out of 39 other houses in the postcode and 140, Spencefield Lane, Leicester sits on the 5th largest plot.
According to HM Land Registry, 140, Spencefield Lane, Leicester was last sold on 13 Nov 1998 for £95,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 140, Spencefield Lane, Leicester within a radius of 720 metres over the last 2 years.
The most recent example is 24, Thurnview Road, Leicester, LE5 6HJ, a Freehold house which sold for £450,000 in Oct 2022.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spencefield Lane, Leicester, LE5 has a total of 169 addresses. According to our analysis of all the public data, 140, Spencefield Lane, Leicester is the 53rd largest and the 87th most expensive property on the street.
When compared to the postcode district it is £350k more expensive than the average property in LE5.
140, Spencefield Lane, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Apr 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 140, Spencefield Lane, Leicester is Leicester station which is 3.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 140, Spencefield Lane, Leicester, 61.4% of property is privately owned outright and 25.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 140, Spencefield Lane, Leicester, 22.4% of residents are recorded as possessing school level qualifications and 40.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 140, Spencefield Lane, Leicester, the average age was 41.6 and the most common age was 12.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 140, Spencefield Lane, Leicester, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 140, Spencefield Lane, Leicester, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.