131 Spencefield Lane, Leicester, LE5 6GG is a freehold detached property built between 1930-1949. The property offers approximately 2,002 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £741,865 , which equates to approximately £371 per square foot. It was last sold on 18 Feb 2021 for £650,000. Since then, the value has increased by £91,865, representing a 14.1% increase, or approximately 2.9% per year.

The current estimated value of £741,865 is:

  • 18.3% higher than the average property price on Spencefield Lane
  • 24.5% higher than the average in the LE5 6GG postcode area
  • and 151.6% higher than the average price for Leicester as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 28 September 2020, the property was recorded as owner-occupied.

View sold house prices in LE5 6GG

Building approximate location

About Property

Type
Detached House
Built
1930-1949
Interior Size
2002 sq ft
Tenure
Freehold
Price (estimate)
£741,865
Price Per sq ft (estimate)
£371
Bedroom Count (estimate)
6 bedrooms

EPC Summary

131 Spencefield Lane, Leicester, LE5 6GG has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 28 Sep 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 Oct 2012, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 18.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from good to very poor.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, with internal insulation, improving energy efficiency from poor to good.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 42% of fixed outlets to low energy lighting in 94% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, with internal insulation
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 94% of fixed outlets
Very Good

Compared to LE5 6GG

3 rd / 13
Price Rank
24% higher than average
2 nd / 10
Size Rank
29% bigger than average
5 th / 10
Price Per Sq FT Rank
3% lower than average

Compared to other properties in LE5 6GG , this house's estimated value ranks 3rd out of 13. Based on price per square foot, it ranks 5th out of 10 properties. In terms of size, this home ranks 2nd out of 10 properties in its postcode area.

Sale History

Today
£741,865
streetscan.co.uk estimate
+14 %
18 Feb 2021
£650,000
Leasehold
+243.9 %
24 Feb 2020
£189,000
Leasehold
-46 %
3 Nov 2003
£350,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 8
size: 1841 sq ft
sale price: £650,000
sale date: 8 Mar 2021
rooms: 7
size: 1755 sq ft
sale price: £785,000
sale date: 1 Sep 2020
rooms: 7
size: 2142 sq ft
sale price: £575,000
sale date: 7 Feb 2018
rooms: 7
size: 1722 sq ft
sale price: £525,000
sale date: 13 Apr 2017
rooms: 6
size: 1744 sq ft
sale price: £500,000
sale date: 23 Jan 2017

Data Sources

The property at 131 Spencefield Lane, Leicester, LE5 6GG appears three times in the Land Registry records, with the latest transaction recorded on 18 Feb 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Sep 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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