Housing Market Analysis for SPENCES LANE, BN7 2HD

Are you looking to understand BN7 2HD house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Lewes postcode.

For the location information and nearby amenities in the BN7 2HD area, explore the BN7 2HD Area information page.
For comprehensive crime statistics in the BN7 2HD area, explore the BN7 2HD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BN7 2HD postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £294,988 median price is £300,000 Standard Deviation is £122,814 with Total Sold: 4
    • The Last 5 Year average price is £459,950 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 MALLING FIELDS SPENCES LANE: £459,950 (Sold on 27 Jan 2023)
    • The first recorded sale happened at this postcode is 3 SPENCES LANE: £120,000 (Sold on 21 Aug 2000)
  • Detached
    • The average price is around £378,333 median price is £380,000 Standard Deviation is £59,208 with Total Sold: 3
    • The Last 5 Year average price is £450,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 SPENCES LANE: £450,000 (Sold on 18 Dec 2020)
    • The first recorded sale happened at this postcode is 9 SPENCES LANE: £305,000 (Sold on 18 Dec 2013)
  • Semi-Detached
    • The average price is around £194,500 median price is £194,500 Standard Deviation is £19,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 SPENCES LANE: £214,000 (Sold on 08 Aug 2003)
    • The first recorded sale happened at this postcode is 1 SPENCES LANE: £175,000 (Sold on 07 Dec 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average BN7 2HD house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£459,9501
2018£335,0001
2016£265,0001
2000£120,000 £2,500 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£450,000 £4,639 1
2017£380,000 £3,918 1
2013£305,000 £3,144 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£214,0001
1998£175,0001

All the Sales in the SPENCES LANE, BN7 2HD

See the table below for more details on the sold house prices in the BN7 2HD, Lewes postcode.

AddressSold DatePrice% Change
3 MALLING FIELDS SPENCES LANETerraced, Freehold27 Jan 2023£459,95037.30%
12 Feb 2018£335,00026.42%
19 Jul 2016£265,000First Sale
9 SPENCES LANEDetached, FreeholdArea: 97 Sq.mtrAge: 1950-196618 Dec 2020£450,00018.42%
15 Sep 2017£380,00024.59%
18 Dec 2013£305,000First Sale
5 SPENCES LANESemi-Detached, Freehold08 Aug 2003£214,000First Sale
3 SPENCES LANETerraced, FreeholdArea: 48 Sq.mtrAge: 1900-192921 Aug 2000£120,000First Sale
1 SPENCES LANESemi-Detached, Freehold07 Dec 1998£175,000First Sale

Check out the sold house prices near the BN7 2HD postcode. Properties currently for saleProperties currently for rent

SPENCES LANE, BN7 2HD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BN7 2HD postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the BN7 2HD postcode.

  • Terraced
    • The average price is around £250,389 median price is £240,975 Standard Deviation is £139,204 with Total Sold: 352
    • The Last 5 Year average price is £402,700 with Total Sold: 68
    • The most recent sale happened at this postcode is , 109 MALLING STREET: £250,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 9 WHEATSHEAF GARDENS: £70,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £148,463 median price is £132,000 Standard Deviation is £100,303 with Total Sold: 216
    • The Last 5 Year average price is £242,477 with Total Sold: 42
    • The most recent sale happened at this postcode is , 19 MALLING CLOSE: £238,500 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 53 PRINCE CHARLES ROAD: £36,950 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £231,798 median price is £230,000 Standard Deviation is £138,501 with Total Sold: 362
    • The Last 5 Year average price is £420,895 with Total Sold: 56
    • The most recent sale happened at this postcode is , 11 QUEENS ROAD: £361,500 (Sold on 11 Apr 2024)
    • The first recorded sale happened at this postcode is , 9 CRANMER CLOSE: £59,000 (Sold on 16 Mar 1995)
  • Detached
    • The average price is around £457,565 median price is £368,500 Standard Deviation is £329,888 with Total Sold: 98
    • The Last 5 Year average price is £854,122 with Total Sold: 16
    • The most recent sale happened at this postcode is , 24 CHURCH LANE: £500,000 (Sold on 17 Oct 2023)
    • The first recorded sale happened at this postcode is , PINE HILL CUILFAIL: £150,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £1,513,037 median price is £1,175,000 Standard Deviation is £1,149,064 with Total Sold: 16
    • The Last 5 Year average price is £1,597,598 with Total Sold: 6
    • The most recent sale happened at this postcode is , THE MALLINGS, 112 MALLING STREET: £1,300,000 (Sold on 26 Aug 2021)
    • The first recorded sale happened at this postcode is , 9 MALLING DOWN: £230,000 (Sold on 27 Sep 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£412,664 £4,580 7
2023£539,845 £5,218 10
2022£429,397 £5,250 19
2021£372,357 £4,969 14
2020£334,145 £4,452 10
2019£297,938 £4,344 8
2018£390,994 £4,037 8
2017£320,600 £4,468 10
2016£323,812 £3,792 8
2015£352,088 £3,423 24
2014£317,708 £3,765 24
2013£289,338 £3,253 13
2012£211,214 £3,594 7
2011£251,562 £3,194 12
2010£225,318 £3,409 11
2009£253,000 £2,452 9
2008£266,292 £3,236 12
2007£224,795 £2,949 16
2006£222,950 £2,936 14
2005£165,717 £2,836 9
2004£183,415 £2,427 13
2003£154,540 £2,399 10
2002£139,956 £1,838 18
2001£90,000 £1,593 3
2000£96,306 £1,714 8
1999£85,458 £1,151 13
1998£74,470 £1,107 12
1997£66,225 £881 14
1996£58,945 £793 11
1995£53,000 £794 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,300 £4,361 5
2023£268,509 £4,158 11
2022£304,405 £4,748 11
2021£184,500 £3,542 4
2020£186,625 £3,647 4
2019£180,143 £4,059 7
2018£198,188 £3,518 4
2017£263,106 £4,442 9
2016£281,912 £4,489 12
2015£217,550 £4,073 9
2014£218,000 £3,760 16
2013£74,634 £1,137 16
2012£150,250 £3,250 4
2011£145,750 £2,988 4
2010£155,000 £3,075 1
2009£137,375 £3,381 4
2008£81,2305
2007£157,250 £3,164 4
2006£116,036 £2,586 11
2005£103,000 £2,079 2
2004£123,612 £2,451 4
2003£95,624 £2,467 8
2002£70,385 £1,902 10
2001£68,992 £1,476 6
2000£57,600 £1,462 5
1999£49,600 £1,287 10
1998£47,281 £1,020 8
1997£36,188 £892 8
1996£32,643 £907 7
1995£33,814 £763 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£643,900 £5,075 5
2023£427,536 £5,441 14
2022£511,100 £5,888 5
2021£385,233 £4,745 15
2020£358,556 £4,720 9
2019£350,512 £4,151 8
2018£354,240 £4,095 10
2017£319,800 £4,434 10
2016£334,550 £4,192 9
2015£323,292 £3,971 12
2014£304,203 £3,639 19
2013£290,023 £3,325 15
2012£265,367 £3,114 12
2011£226,176 £2,907 17
2010£231,900 £2,953 15
2009£187,264 £2,718 7
2008£257,939 £2,744 9
2007£235,463 £2,892 15
2006£216,384 £2,821 22
2005£188,250 £3,127 8
2004£184,750 £2,124 8
2003£159,139 £1,750 14
2002£138,982 £1,651 15
2001£120,615 £1,556 13
2000£104,359 £1,210 11
1999£82,750 £997 8
1998£75,802 £866 13
1997£62,796 £816 19
1996£48,656 £632 17
1995£58,334 £799 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,014,090 £6,759 5
2022£1,055,625 £7,024 4
2021£635,000 £5,435 4
2020£662,500 £3,882 2
2019£508,000 £3,277 1
2018£430,000 £5,589 2
2017£715,000 £5,513 3
2016£730,000 £4,041 3
2015£617,492 £4,922 6
2014£460,000 £2,968 1
2013£528,000 £5,394 3
2011£375,833 £3,370 6
2010£644,500 £4,149 4
2009£338,750 £2,659 4
2008£270,833 £3,021 3
2007£424,600 £3,171 5
2006£382,000 £2,828 6
2005£341,000 £2,442 2
2004£396,666 £2,290 6
2003£216,167 £1,782 3
2002£385,0002
2001£263,750 £1,754 2
2000£265,200 £1,625 5
1999£149,500 £1,222 2
1998£82,5001
1997£200,275 £1,535 4
1996£146,570 £778 5
1995£141,625 £690 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,300,0001
2020£1,868,8974
2019£810,0001
2018£1,351,6673
2017£1,084,0002
2016£3,000,0001
2015£1,723,3333
2013£230,000 £2,911 1

House Type in BN7 2HD area

The most common house types in the BN7 2HD postcode area are Semi-detached (67), Terraced (67), and Flat (42).

Total192
Semi-detached67
Terraced67
Flat42
Detached16
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Owned: Owns with a mortgage or loan (60).

Owned: Owns outright63
Owned: Owns with a mortgage or loan60
Private rented: Private landlord or letting agency41
Shared ownership: Shared ownership12
Social rented: Rents from council or Local Authority7
Private rented: Other private rented7
Social rented: Other social rented2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the BN7 2HD have 1 person in household (68), and 2 people in household (64).

1 person in household68
2 people in household64
3 people in household29
4 people in household25
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0