Housing Market Analysis for SPENCES LANE, BN7 2HE

Are you looking to understand BN7 2HE 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 2HE area, explore the BN7 2HE Area information page.
For comprehensive crime statistics in the BN7 2HE area, explore the BN7 2HE Crime Rates page.

Overview of Sold House prices

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

Flat
- The average price is around £101,510 median price is £110,500 Standard Deviation is £57,011 with Total Sold: 64
- The Last 5 Year average price is £185,333 with Total Sold: 6
- The most recent sale happened at this postcode is FLAT 12, GIBSON COURT, 60 SPENCES LANE: £153,000 (Sold on 22 May 2023)
- The first recorded sale happened at this postcode is FLAT 7, GIBSON COURT, 60 SPENCES LANE: £177,000 (Sold on 13 Mar 2024)
Semi-Detached
- The average price is around £259,244 median price is £268,000 Standard Deviation is £126,884 with Total Sold: 8
- The Last 5 Year average price is £385,000 with Total Sold: 2
- The most recent sale happened at this postcode is 36 SPENCES LANE: £315,000 (Sold on 21 May 2021)
- The first recorded sale happened at this postcode is 42 SPENCES LANE: £37,000 (Sold on 09 Apr 1999)
Terraced
- The average price is around £213,054 median price is £265,000 Standard Deviation is £135,468 with Total Sold: 5
- The most recent sale happened at this postcode is 52 SPENCES LANE: £362,500 (Sold on 10 Jun 2016)
- The first recorded sale happened at this postcode is 48 SPENCES LANE: £64,000 (Sold on 02 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average BN7 2HE 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£153,000	£3,825	1
2022	£251,000		1
2021	£161,000	£5,194	1
2019	£185,000	£4,655	2
2018	£212,000		1
2015	£198,000		1
2014	£150,000	£5,158	1
2013	£139,025	£3,878	6
2012	£150,250	£3,250	4
2011	£144,000	£2,960	2
2010	£155,000	£3,075	1
2009	£123,000	£3,922	2
2008	£118,500		1
2007	£145,000	£3,687	2
2006	£116,500	£2,716	5
2004	£117,000		1
2003	£90,799	£2,696	5
2002	£69,000	£2,176	4
2001	£62,000		1
2000	£56,500	£1,412	1
1999	£47,600	£1,307	5
1998	£41,938	£1,119	4
1997	£31,667	£1,013	3
1996	£31,700	£926	5
1995	£28,250	£948	3
2024	£177,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£315,000	£3,351	1
2020	£455,000	£4,740	1
2015	£391,000	£2,697	1
2012	£286,000	£2,753	1
2007	£250,000	£2,604	1
2004	£214,000	£1,476	1
2002	£125,950		1
1999	£37,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£362,500	£3,625	1
2015	£333,750	£3,338	1
2009	£265,000	£2,551	1
1998	£40,020		1
1996	£64,000		1

All the Sales in the SPENCES LANE, BN7 2HE

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

Address	Sold Date	Price	% Change
FLAT 12, GIBSON COURT, 60 SPENCES LANEFlat, LeaseholdArea: 40 Sq.mtrAge: 1976-1982	22 May 2023	£153,000	7.75%
	17 Apr 2012	£142,000	13.60%
	27 Sep 2006	£125,000	44.51%
	03 Jan 2003	£86,500	53.10%
	02 Aug 2000	£56,500	66.18%
	19 Jun 1996	£34,000	First Sale
20, MALLING COURT SPENCES LANEFlat, Leasehold	21 Feb 2022	£251,000	68.46%
20, MALLING COURT SPENCES LANEFlat, Leasehold	30 Apr 2012	£149,000	First Sale
36 SPENCES LANESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1950-1966	21 May 2021	£315,000	First Sale
FLAT 10, GIBSON COURT, 60 SPENCES LANEFlat, LeaseholdArea: 31 Sq.mtrAge: 1983-1990	19 Feb 2021	£161,000	519.23%
	02 Jun 1995	£26,000	First Sale
40 SPENCES LANESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1930-1949	10 Dec 2020	£455,000	82.00%
	02 Jul 2007	£250,000	First Sale
FLAT 11, GIBSON COURT, 60 SPENCES LANEFlat, LeaseholdArea: 29 Sq.mtrAge: 1983-1990	11 Jul 2019	£135,000	First Sale
22, MALLING COURT SPENCES LANEFlat, Leasehold	19 Feb 2019	£235,000	18.69%
22, MALLING COURT SPENCES LANEFlat, Leasehold	10 Jun 2015	£198,000	First Sale
8, MALLING COURT SPENCES LANEFlat, Leasehold	17 Aug 2018	£212,000	24.71%
8, MALLING COURT SPENCES LANEFlat, Leasehold	07 Oct 2013	£170,000	First Sale
52 SPENCES LANETerraced, FreeholdArea: 100 Sq.mtrAge: 1967-1975	10 Jun 2016	£362,500	First Sale
46 SPENCES LANETerraced, FreeholdArea: 100 Sq.mtrAge: 1967-1975	13 Nov 2015	£333,750	First Sale
4 SPENCES LANESemi-Detached, FreeholdArea: 145 Sq.mtrAge: 1950-1966	27 Mar 2015	£391,000	82.71%
	07 May 2004	£214,000	First Sale
FLAT 1, GIBSON COURT, 60 SPENCES LANEFlat, LeaseholdArea: 29.08 Sq.mtrAge: 1967-1975	08 Dec 2014	£150,000	215.79%
	17 Sep 1999	£47,500	23.38%
	12 Mar 1998	£38,500	30.51%
	24 Oct 1996	£29,500	First Sale
12, MALLING COURT SPENCES LANEFlat, Leasehold	21 Nov 2013	£125,000	-3.85%
12, MALLING COURT SPENCES LANEFlat, Leasehold	19 Sep 2012	£130,000	First Sale
FLAT 9, GIBSON COURT, 60 SPENCES LANEFlat, LeaseholdArea: 30.65 Sq.mtrAge: 1983-1990	13 Nov 2013	£110,000	216.55%
	15 Jun 1998	£34,750	First Sale
FLAT 7, GIBSON COURT, 60 SPENCES LANEFlat, LeaseholdArea: 30 Sq.mtrAge: 1991-1995	13 Nov 2013	£125,000	111.86%
	28 Mar 2002	£59,000	-66.67%
	13 Mar 2024	£177,000	First Sale
28, MALLING COURT SPENCES LANEFlat, Leasehold	13 Sep 2013	£139,150	First Sale
14, MALLING COURT SPENCES LANEFlat, Leasehold	27 Mar 2013	£165,000	First Sale
FLAT 12, SPENCES COURT, 58 SPENCES LANEFlat, LeaseholdArea: 61 Sq.mtrAge: 1983-1990	12 Jul 2012	£180,000	106.90%
	10 Nov 2006	£87,000	First Sale
50 SPENCES LANESemi-Detached, FreeholdArea: 103.88 Sq.mtrAge: 1967-1975	09 Jul 2012	£286,000	7.92%
	22 May 2009	£265,000	First Sale
10, MALLING COURT SPENCES LANEFlat, Leasehold	14 Oct 2011	£140,000	First Sale
FLAT 17, SPENCES COURT, 58 SPENCES LANEFlat, LeaseholdArea: 50 Sq.mtrAge: 1991-1995	15 Apr 2011	£148,000	18.40%
	14 Jun 2006	£125,000	First Sale
18 SPENCES LANEFlat, LeaseholdArea: 50.4 Sq.mtrAge: 1950-1966	15 Jan 2010	£155,000	First Sale
FLAT 8, GIBSON COURT, 60 SPENCES LANEFlat, LeaseholdArea: 28.3 Sq.mtrAge: 1983-1990	28 Aug 2009	£111,000	23.34%
	22 Aug 2003	£89,995	33.33%
	26 Apr 2002	£67,500	125.00%
	10 Jan 1997	£30,000	First Sale
16 SPENCES LANEFlat, Leasehold	19 Jun 2009	£135,000	First Sale
FLAT 14, GIBSON COURT, 60 SPENCES LANEFlat, Leasehold	14 Jan 2008	£118,500	51.92%
	12 Sep 2002	£78,000	25.81%
	15 Nov 2001	£62,000	106.67%
	27 Aug 1996	£30,000	First Sale
14 SPENCES LANEFlat, Leasehold	05 Jul 2007	£165,000	44.10%
	11 Aug 2003	£114,500	106.31%
	23 Apr 1999	£55,500	First Sale
FLAT 5, GIBSON COURT, 60 SPENCES LANEFlat, LeaseholdArea: 33.9 Sq.mtrAge: 1967-1975	09 Mar 2007	£125,000	303.23%
	27 Aug 1996	£31,000	First Sale
20 SPENCES LANEFlat, LeaseholdArea: 47 Sq.mtrAge: 1967-1975	28 Apr 2006	£133,000	166.00%
20 SPENCES LANEFlat, LeaseholdArea: 47 Sq.mtrAge: 1967-1975	29 Oct 1999	£50,000	First Sale
FLAT 3, GIBSON COURT, 60 SPENCES LANEFlat, LeaseholdArea: 30.4 Sq.mtrAge: 1976-1982	07 Apr 2006	£112,500	34.73%
	22 Aug 2003	£83,500	First Sale
8 SPENCES LANEFlat, Leasehold	12 Mar 2004	£117,000	160.00%
8 SPENCES LANEFlat, Leasehold	10 Aug 1998	£45,000	First Sale
FLAT 6, GIBSON COURT, 60 SPENCES LANEFlat, Leasehold	01 Apr 2003	£79,500	11.19%
FLAT 6, GIBSON COURT, 60 SPENCES LANEFlat, Leasehold	23 Dec 2002	£71,500	First Sale
38 SPENCES LANESemi-Detached, Freehold	18 Jan 2002	£125,950	First Sale
FLAT 4, GIBSON COURT, 60 SPENCES LANEFlat, LeaseholdArea: 35 Sq.mtrAge: 1983-1990	15 Jul 1999	£48,000	50.00%
	17 Jan 1997	£32,000	First Sale
42 SPENCES LANESemi-Detached, Freehold	09 Apr 1999	£37,000	First Sale
FLAT 15, GIBSON COURT, 60 SPENCES LANEFlat, LeaseholdArea: 31 Sq.mtrAge: 1983-1990	11 Feb 1999	£37,000	12.98%
	29 Sep 1995	£32,750	First Sale
44 SPENCES LANETerraced, Freehold	06 Oct 1998	£40,020	First Sale
22 SPENCES LANEFlat, LeaseholdArea: 55 Sq.mtrAge: 1950-1966	31 Jul 1998	£49,500	First Sale
FLAT 2, GIBSON COURT, 60 SPENCES LANEFlat, LeaseholdArea: 31 Sq.mtrAge: 1976-1982	28 Feb 1997	£33,000	First Sale
48 SPENCES LANETerraced, Freehold	02 Aug 1996	£64,000	First Sale
12 SPENCES LANEFlat, Leasehold	31 May 1996	£34,000	First Sale
28 SPENCES LANEFlat, Leasehold	20 Nov 1995	£26,000	First Sale

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

SPENCES LANE, BN7 2HE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BN7 2HE 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 2HE postcode.

Terraced
- The average price is around £240,173 median price is £229,475 Standard Deviation is £136,614 with Total Sold: 414
- The Last 5 Year average price is £395,463 with Total Sold: 78
- 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 £232,490 median price is £228,000 Standard Deviation is £139,531 with Total Sold: 383
- The Last 5 Year average price is £423,450 with Total Sold: 58
- 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 £386,253 median price is £350,000 Standard Deviation is £213,422 with Total Sold: 76
- The Last 5 Year average price is £689,688 with Total Sold: 13
- 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 , ANSLEY MALLING HILL: £99,000 (Sold on 03 Feb 1995)
Other
- The average price is around £2,389,922 median price is £1,175,000 Standard Deviation is £3,941,229 with Total Sold: 18
- The Last 5 Year average price is £3,940,798 with Total Sold: 7
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£408,956	£4,580	8
2023	£539,845	£5,218	10
2022	£423,312	£5,125	21
2021	£364,472	£4,762	18
2020	£333,121	£4,386	12
2019	£303,167	£4,307	9
2018	£384,772	£3,930	9
2017	£317,182	£4,470	11
2016	£323,812	£3,792	8
2015	£350,965	£3,417	26
2014	£312,498	£3,692	26
2013	£279,927	£3,198	15
2012	£214,833	£3,372	9
2011	£251,562	£3,194	12
2010	£225,318	£3,409	11
2009	£231,568	£2,396	14
2008	£266,292	£3,236	12
2007	£224,795	£2,949	16
2006	£219,706	£2,780	16
2005	£163,802	£2,436	13
2004	£182,775	£2,385	16
2003	£147,543	£1,997	14
2002	£137,639	£1,763	23
2001	£96,000	£1,438	4
2000	£98,939	£1,675	9
1999	£86,818	£1,132	20
1998	£71,290	£1,011	15
1997	£66,410	£863	15
1996	£58,027	£762	13
1995	£55,333	£759	9

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£81,230		5
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£643,900	£5,075	5
2023	£427,536	£5,441	14
2022	£506,500	£5,861	7
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	£313,592	£3,732	20
2013	£300,959	£3,339	16
2012	£283,432	£3,260	14
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	£233,247	£2,908	16
2006	£218,987	£2,812	23
2005	£188,436	£2,890	11
2004	£184,750	£2,124	8
2003	£164,997	£1,855	15
2002	£145,670	£1,679	16
2001	£126,866	£1,556	15
2000	£108,079	£1,307	12
1999	£82,667	£992	9
1998	£76,101	£840	14
1997	£62,806	£810	20
1996	£51,803	£638	19
1995	£58,334	£799	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£717,612	£6,275	4
2022	£865,833	£6,322	3
2021	£635,000	£5,435	4
2020	£450,000	£4,639	1
2019	£508,000	£3,277	1
2018	£430,000	£5,589	2
2017	£482,500	£4,799	2
2016	£695,000	£3,607	2
2015	£437,488	£4,855	4
2014	£460,000	£2,968	1
2013	£367,000	£3,031	2
2011	£375,833	£3,370	6
2010	£469,000	£2,324	2
2009	£235,000	£2,707	3
2008	£270,833	£3,021	3
2007	£362,000	£3,608	4
2006	£320,400	£2,828	5
2005	£341,000	£2,442	2
2004	£372,000	£2,290	5
2003	£216,167	£1,782	3
2002	£385,000		2
2001	£263,750	£1,754	2
2000	£237,000	£1,635	3
1999	£149,500	£1,222	2
1998	£82,500		1
1997	£162,500	£915	2
1996	£117,617	£593	3
1995	£105,750	£690	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£9,650,000		2
2020	£1,868,897		4
2019	£810,000		1
2018	£1,216,250		4
2017	£1,084,000		2
2016	£3,000,000		1
2015	£1,723,333		3
2013	£230,000	£2,911	1

House Type in BN7 2HE area

The most common house types in the BN7 2HE postcode area are Flat (63), Semi-detached (56), and Terraced (24).

Total	143
Flat	63
Semi-detached	56
Terraced	24
Detached	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (46), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright	46
Owned: Owns with a mortgage or loan	34
Private rented: Private landlord or letting agency	29
Social rented: Rents from council or Local Authority	25
Private rented: Other private rented	5
Social rented: Other social rented	2
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the BN7 2HE have 1 person in household (60), and 2 people in household (45).

1 person in household	60
2 people in household	45
4 people in household	19
3 people in household	16
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0