12, SPEARS WALK, BRIGHTON, BN2 6PN - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 SPEARS WALK is a small extended detached house of 92m², built sometime between 2003 and 2006, which could now be worth an estimated £478,074. It was last sold for £395,000 in June 2019, which was around 45% below the average June 2019 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

12 SPEARS WALK Sold Prices

Land registry data shows three sales for 12 SPEARS WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Brighton and Hove local authority area for the corresponding sale date. All of the three 12 SPEARS WALK sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 7 JUN	£395,000	£714,825	45% below HPI
2016 4 APR	£370,000	£647,469	43% below HPI
2007 31 AUG	£322,500	£467,836	31% below HPI

12 SPEARS WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brighton and Hove local authority area over time, sourced from the HPI. The three 12 SPEARS WALK sales between August 2007 and June 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2019 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 12 SPEARS WALK be worth now?

12 SPEARS WALK might now be worth an estimated £478,074.

This is based on house price inflation of 21%, between June 2019 and February 2025, for detached houses, in the Brighton and Hove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21% inflationary increase is applied to the most recent sale price for 12 SPEARS WALK of £395,000 on 7th June 2019. For the value to have increased from £395,000 to £478,074 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 12 SPEARS WALK has moved in line with the HPI for detached houses in the Brighton and Hove local authority area.
• The June 2019 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SPEARS WALK has not materially changed since June 2019.

How Large is 12 SPEARS WALK?

12 SPEARS WALK is 92m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses houses in Brighton and Hove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brighton and Hove, and where 12 SPEARS WALK lies on this distribution: 27% of detached houses houses are smaller than 12 SPEARS WALK, and 72% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

12 SPEARS WALK: Plot and Title Map

12 SPEARS WALK sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 12 SPEARS WALK, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 SPEARS WALK). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 SPEARS WALK?

12 SPEARS WALK is located in BRIGHTON, in the BN2 postcode district. The below map shows the position of No. 12 on SPEARS WALK.