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Swithland Lane, in Rothley - the most expensive street in Leicestershire


Swithland Lane, in Rothley, is the most expensive street in Leicestershire, a survey has revealed.

It is listed as the most exclusive address, with properties on the road selling for an average of £651,000.

Main Street, in the nearby village of Swithland, was in second place, with an average house price of £634,000.

The statistics have been published by Lloyds TSB, based on transactions registered with the Land Registry from January 2007 to September.

Rothley and Swithland sit in the heart of the Charnwood Forest and estate agent Becky Hanharan, of Moore and York, Loughborough, said she was not surprised they topped the Leicestershire list.

She said: "They are both lovely villages in a very attractive part of the county.

"Properties in those streets do not come up for sale very often and when they do they are often taken in a matter a of days because they are desirable addresses.

"We have a waiting list for them.

"They tend to come on when someone gets older and moves from a family home to a smaller property that is easier to look after.

"The houses on those streets are very large – usually five or six bedrooms – and have very big gardens.

"Both villages have very good schools and Rothley has some good little shops.

"There have been some very expensive houses there, but lately the prices have been at a more realistic level."

According to property website Zoopla, 32 homes in Swithland Lane, Rothley, have been sold since the start of 2007.

Five have fetched more than £1 million, the most expensive being a £1.25 million, six-bedroom house in August, 2011.

In that time, 21 homes have sold in Main Street, Swithland – the highest price being £1,056,000 for a four-bedroom property in the summer of 2007.

According to latest Land Registry figures, from September, the average house price in the county is £146,551.

Lloyds TSB's top 10 most expensive streets in Leicestershire contains just two it lists as from Leicester – Stoughton Lane, near Evington, and Chesnut Drive, in Bushby – although both are beyond the city boundary.

The Mercury spoke to a number of people from Swithland Avenue, Rothley, though most were reluctant to discuss the value of their homes.

However one man, who did not wish to be named, said: "There must have been some mega-price sales to get the average price up to £650,000 because I don't think my four-bedroom house would get anything like that.

"Some of those big-money deals will distort the picture.

"This is a nice street, but it isn't Beverly Hills or central London."

The Lloyd TSB survey says the most expensive street in the East Midlands is Valley Road, in the Nottingham suburb of West Bridgford, where the average price is £811,000.

The most expensive street in England and Wales is Egerton Crescent, in Kensington and Chelsea, London, where the average price is £8,136,000. The average price of a property in Parkside, Merton, London, is £5,161,000.

Swithland Lane, in Rothley - the most expensive street in Leicestershire

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