59, SPENCES LANE, LEWES, BN7 2HG - £460,000

59 SPENCES LANE is a small detached house of 129m², built sometime between 1983 and 1990. It was last sold for £460,000 in January 2016, which was around 5% above the average January 2016 detached price in the Lewes local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

59 SPENCES LANE Sold Prices

Land registry data shows three sales for 59 SPENCES LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the three 59 SPENCES LANE sales were for above 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
2016 15 JAN	£460,000	£440,117	5% above HPI
2005 15 JUL	£315,000	£298,016	6% above HPI
2004 28 MAY	£285,000	£280,809	1% above HPI

59 SPENCES LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The three 59 SPENCES LANE sales between May 2004 and January 2016 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 July 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 59 SPENCES LANE?

59 SPENCES LANE is 129m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses in Lewes, based on EPC data. The below chart shows the distribution of detached houses by size in Lewes, and where 59 SPENCES LANE lies on this distribution: 40% of detached houses are smaller than 59 SPENCES LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Lewes.

59 SPENCES LANE: Plot and Title Map

59 SPENCES LANE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 59 SPENCES LANE, 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 59 SPENCES LANE). 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 59 SPENCES LANE?

59 SPENCES LANE is located in LEWES, in the BN7 postcode district. The below map shows the position of No. 59 on SPENCES LANE.