According to the public record, 72, Springwell Lane, Leicester is a modern freehold house with 1,058 ft2 of internal area and sits on a 295 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Springwell Lane, Whetstone, Leicester, LE8 is located in the borough of Blaby within the LE8 postal district.
72, Springwell Lane, Leicester has a single entry in the Land Registry database from October 2013 and a single entry in the EPC database dated February 2011.
We combine this information with that 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 72 Springwell Lane Leicester as £382,649 and the rental value as £1,249 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 72 Springwell Lane Leicester has increased by £3,417 (0.9%) and its rental value has increased by £52 per month (4.2%).
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 72, Springwell Lane, Leicester is in very good condition we estimate a sale value of £401,781 and rental value of £1,311 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £355,863 and a rental value of £1,161 per month.
If you were able to purchase this property for the estimated value of £382,649, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,881 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, 72, Springwell Lane, Leicester sits on a plot of 295m2.
We have plot size data on 31 out of 41 other houses in the postcode and 72, Springwell Lane, Leicester sits on the 26th largest plot.
According to HM Land Registry, 72, Springwell Lane, Leicester was last sold on 18 Oct 2013 for £185,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2013, the market for similar properties has risen 62.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72, Springwell Lane, Leicester within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 31, Cooper Crescent, Leicester, LE8 6AF, a Freehold house which sold for £310,000 in Oct 2023.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springwell Lane, Whetstone, Leicester, LE8 has a total of 41 addresses. According to our analysis of all the public data, 72, Springwell Lane, Leicester is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in LE8.
72, Springwell Lane, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Feb 2011.
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 72, Springwell Lane, Leicester is Narborough station which is 2.1 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 72, Springwell Lane, Leicester, 53.5% of property is privately owned with a mortgage and 40.6% is privately owned outright.
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 72, Springwell Lane, Leicester, 25.1% of residents are recorded as possessing school level qualifications and 36.6% 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 72, Springwell Lane, Leicester, the average age was 39.9 and the most common age was 52.
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 72, Springwell Lane, Leicester, 1.7% 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 72, Springwell Lane, Leicester, there are an average of 2.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.