Housing Market Analysis for SPENCES LANE, BN7 2HF

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

Overview of Sold House prices

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

Terraced
- The average price is around £234,609 median price is £273,250 Standard Deviation is £104,618 with Total Sold: 24
- The Last 5 Year average price is £332,683 with Total Sold: 3
- The most recent sale happened at this postcode is 33 SPENCES LANE: £360,050 (Sold on 06 Oct 2022)
- The first recorded sale happened at this postcode is 21 SPENCES LANE: £65,000 (Sold on 22 Nov 1996)
Semi-Detached
- The average price is around £148,234 median price is £165,000 Standard Deviation is £82,863 with Total Sold: 5
- The most recent sale happened at this postcode is 57 SPENCES LANE: £273,000 (Sold on 07 Nov 2006)
- The first recorded sale happened at this postcode is 27 SPENCES LANE: £34,220 (Sold on 07 Feb 1997)
Detached
- The average price is around £164,750 median price is £164,750 Standard Deviation is £82,250 with Total Sold: 2
- The most recent sale happened at this postcode is 51 SPENCES LANE: £247,000 (Sold on 21 Jul 2006)
- The first recorded sale happened at this postcode is 51 SPENCES LANE: £82,500 (Sold on 09 Apr 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average BN7 2HF 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£360,050	£4,391	1
2020	£328,000	£5,125	1
2019	£310,000	£4,026	1
2018	£418,000	£3,398	1
2017	£286,000	£4,118	2
2015	£349,950	£3,333	1
2013	£316,500	£3,110	2
2011	£236,167	£2,822	3
2008	£216,250	£2,548	2
2007	£279,165	£2,346	3
2002	£155,000	£1,719	2
1998	£85,562	£697	2
1997	£67,500	£826	2
1996	£65,000	£1,016	1

House Type: Semi-Detached

Year	Avg. Price	Sold
2006	£219,000	2
2002	£185,000	1
1997	£59,085	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£247,000		1
1998	£82,500		1

All the Sales in the SPENCES LANE, BN7 2HF

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

Address	Sold Date	Price	% Change
33 SPENCES LANETerraced, FreeholdArea: 82 Sq.mtrAge: 1967-1975	06 Oct 2022	£360,050	First Sale
25 SPENCES LANETerraced, FreeholdArea: 64 Sq.mtrAge: 1976-1982	17 Dec 2020	£328,000	First Sale
17 SPENCES LANETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	28 Nov 2019	£310,000	First Sale
45 SPENCES LANETerraced, FreeholdArea: 123 Sq.mtrAge: 1967-1975	09 Apr 2018	£418,000	13.28%
	08 Mar 2013	£369,000	31.79%
	20 Nov 2007	£279,995	First Sale
29 SPENCES LANETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	01 Sep 2017	£284,000	First Sale
21 SPENCES LANETerraced, FreeholdArea: 64 Sq.mtrAge: 1967-1975	21 Jul 2017	£288,000	161.82%
	18 Jan 2002	£110,000	69.23%
	22 Nov 1996	£65,000	First Sale
47 SPENCES LANETerraced, FreeholdArea: 105 Sq.mtrAge: 1967-1975	19 Aug 2015	£349,950	28.42%
	27 Feb 2008	£272,500	319.23%
	31 Jan 1997	£65,000	First Sale
41 SPENCES LANETerraced, FreeholdArea: 82 Sq.mtrAge: 1950-1966	18 Sep 2013	£264,000	First Sale
37 SPENCES LANETerraced, FreeholdArea: 76.1 Sq.mtrAge: 1976-1982	29 Sep 2011	£215,000	First Sale
55 SPENCES LANETerraced, FreeholdArea: 113.4 Sq.mtrAge: 1967-1975	18 Aug 2011	£277,000	1.09%
	04 Oct 2007	£274,000	246.84%
	08 Apr 1998	£79,000	First Sale
31 SPENCES LANETerraced, FreeholdArea: 67.72 Sq.mtr	21 Mar 2011	£216,500	209.29%
31 SPENCES LANETerraced, FreeholdArea: 67.72 Sq.mtr	26 Nov 1997	£70,000	First Sale
19 SPENCES LANETerraced, FreeholdArea: 64 Sq.mtrAge: 1967-1975	29 Oct 2008	£160,000	First Sale
53 SPENCES LANETerraced, Freehold	01 Nov 2007	£283,500	41.75%
53 SPENCES LANETerraced, Freehold	18 Oct 2002	£200,000	First Sale
57 SPENCES LANESemi-Detached, Freehold	07 Nov 2006	£273,000	47.57%
57 SPENCES LANESemi-Detached, Freehold	08 Nov 2002	£185,000	First Sale
51 SPENCES LANEDetached, Freehold	21 Jul 2006	£247,000	199.39%
51 SPENCES LANEDetached, Freehold	09 Apr 1998	£82,500	First Sale
27 SPENCES LANESemi-Detached, Freehold	14 Mar 2006	£165,000	382.17%
27 SPENCES LANESemi-Detached, Freehold	07 Feb 1997	£34,220	First Sale
43 SPENCES LANETerraced, Freehold	23 Nov 1998	£92,125	First Sale
49 SPENCES LANESemi-Detached, Freehold	17 Oct 1997	£83,950	First Sale

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

SPENCES LANE, BN7 2HF Near By properties

Interactive Map

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

Terraced
- The average price is around £246,804 median price is £237,500 Standard Deviation is £138,458 with Total Sold: 373
- The Last 5 Year average price is £399,960 with Total Sold: 72
- 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 £234,191 median price is £230,000 Standard Deviation is £139,920 with Total Sold: 375
- The Last 5 Year average price is £424,914 with Total Sold: 57
- 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 £2,482,858 median price is £1,300,000 Standard Deviation is £4,036,277 with Total Sold: 17
- 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	£412,664	£4,580	7
2023	£539,845	£5,218	10
2022	£426,478	£5,161	20
2021	£367,971	£4,762	17
2020	£334,145	£4,452	10
2019	£297,938	£4,344	8
2018	£384,772	£3,930	9
2017	£320,600	£4,468	10
2016	£323,812	£3,792	8
2015	£352,088	£3,423	24
2014	£314,998	£3,710	25
2013	£289,338	£3,253	13
2012	£214,833	£3,372	9
2011	£251,562	£3,194	12
2010	£225,318	£3,409	11
2009	£245,200	£2,431	10
2008	£266,292	£3,236	12
2007	£224,795	£2,949	16
2006	£221,153	£2,831	15
2005	£157,402	£2,510	11
2004	£183,415	£2,427	13
2003	£155,036	£2,295	11
2002	£140,037	£1,794	19
2001	£96,000	£1,438	4
2000	£98,939	£1,675	9
1999	£84,996	£1,151	14
1998	£74,470	£1,107	12
1997	£66,410	£863	15
1996	£58,945	£793	11
1995	£54,750	£759	8

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	£534,250	£6,139	6
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	£235,463	£2,892	15
2006	£218,987	£2,812	23
2005	£189,550	£3,127	9
2004	£184,750	£2,124	8
2003	£164,997	£1,855	15
2002	£145,670	£1,679	16
2001	£128,071	£1,556	14
2000	£108,079	£1,307	12
1999	£82,750	£997	8
1998	£76,101	£840	14
1997	£62,796	£816	19
1996	£51,347	£632	18
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	£1,351,667		3
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 2HF area

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

Total	192
Semi-detached	67
Terraced	67
Flat	42
Detached	16
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 (63), and Owned: Owns with a mortgage or loan (60).

Owned: Owns outright	63
Owned: Owns with a mortgage or loan	60
Private rented: Private landlord or letting agency	41
Shared ownership: Shared ownership	12
Social rented: Rents from council or Local Authority	7
Private rented: Other private rented	7
Social rented: Other social rented	2
Does not apply	0
Lives rent free	0

Number of People in a Household

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

1 person in household	68
2 people in household	64
3 people in household	29
4 people in household	25
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0