38 Spencefield Lane

    38, SPENCEFIELD LANE, LEICESTER, LE5 6PS

    This detached freehold property on Spencefield Lane last sold in June 2017 for £570,000. Based on price growth in the LE5 district since then, its estimated current value is £727,958 — placing it in the 91st percentile nationally and the 99th percentile within LE5. The property covers 145 m² (1,561 sq ft), giving an estimated value of £5,020 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,561 sq ft

    145 m²

    Last Sale Price

    £570,000

    Jun 2017

    Estimated Valuation

    £727,958

    Est. £/sq ft

    £466/sq ft

    £5,020/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,561 sq ft (145 m²)
    EPC dateFeb 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jun 2017

    £570,000

    Key Metrics

    Estimated valuation£727,958
    Value per sq ft / m²£466/sq ft (£5,020/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE5 district percentile99th percentile
    National percentile91st percentile

    District Context — LE5

    LE5 covers parts of the Leicester area in the East Midlands. It is a mixed residential district with a diverse economic and social character.

    Average Property Price - LE5

    £276,673

    35

    National percentile

    Average Net Household Income - LE5

    £29,780

    7

    National percentile

    10-Year Annualised Price Growth - LE5

    4.7%

    83

    National percentile

    10-Year Annualised Rent Growth - LE

    4.9%

    93

    National percentile

    View full analysis for LE5

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