Hi Sherwood,
It definitely says White Lee.
However, I've looked on Genuki and there was no such a place. The nearest place I can imagine it may be is Willesley which isn't a million miles away.
"a rail-road from Willesley basin to Ticknall, passing Ashby-de-la-Zouch" (from Genuki)
This suggests they are close in proximity and were also linked.
What do you think?
Mandy