21, SPENCEFIELD DRIVE, LEICESTER, LE5 6FE - £306,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 SPENCEFIELD DRIVE is a small semi-detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £311,207. It was last sold for £306,000 in January 2024, which was around 19% above the average January 2024 semi-detached price in the Leicester local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

21 SPENCEFIELD DRIVE Sold Prices

Land registry data shows two sales for 21 SPENCEFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Leicester local authority area for the corresponding sale date. Both of the two 21 SPENCEFIELD DRIVE 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
2024 12 JAN	£306,000	£257,886	19% above HPI
2006 6 APR	£180,000	£130,807	38% above HPI

21 SPENCEFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Leicester local authority area over time, sourced from the HPI. The two 21 SPENCEFIELD DRIVE sales from April 2006 and January 2024 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 April 2006 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the January 2024 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 21 SPENCEFIELD DRIVE be worth now?

21 SPENCEFIELD DRIVE might now be worth an estimated £311,207.

This is based on house price inflation of 1.7%, between January 2024 and February 2025, for semi-detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.7% inflationary increase is applied to the most recent sale price for 21 SPENCEFIELD DRIVE of £306,000 on 12th January 2024. For the value to have increased from £306,000 to £311,207 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 21 SPENCEFIELD DRIVE has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The January 2024 sale price of £306,000 represented a fair market value for the property.
• The size, condition, and specification of 21 SPENCEFIELD DRIVE has not materially changed since January 2024.

How Large is 21 SPENCEFIELD DRIVE?

21 SPENCEFIELD DRIVE is 88m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of semi-detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leicester, and where 21 SPENCEFIELD DRIVE lies on this distribution: 21% of semi-detached houses houses are smaller than 21 SPENCEFIELD DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Leicester.

21 SPENCEFIELD DRIVE: Plot and Title Map

21 SPENCEFIELD DRIVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 21 SPENCEFIELD DRIVE, 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 21 SPENCEFIELD DRIVE). 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 21 SPENCEFIELD DRIVE?

21 SPENCEFIELD DRIVE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 21 on SPENCEFIELD DRIVE.