2, SPEARS WALK, BRIGHTON, BN2 6PN - £400,000

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.

2 SPEARS WALK is a small semi-detached house of 85m², built sometime between 2003 and 2006, which could now be worth an estimated £397,080. It was last sold for £400,000 in July 2023, which was around 27% below the average July 2023 semi-detached price in the Brighton and Hove local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

2 SPEARS WALK Sold Prices

Land registry data shows one sale for 2 SPEARS WALK since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Brighton and Hove local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 11 JUL	£400,000	£545,546	27% below HPI

What might 2 SPEARS WALK be worth now?

2 SPEARS WALK might now be worth an estimated £397,080.

This is based on house price deflation of 0.7%, between July 2023 and May 2026, for semi-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 0.7% deflationary decrease is applied to the most recent sale price for 2 SPEARS WALK of £400,000 on 11th July 2023. For the value to have decreased from £400,000 to £397,080 over the three years and two months to May 2026, the following assumptions must hold true:

• The value of 2 SPEARS WALK has moved in line with the HPI for semi-detached houses in the Brighton and Hove local authority area.
• The July 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPEARS WALK has not materially changed since July 2023.

How Large is 2 SPEARS WALK?

2 SPEARS WALK is 85m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% of semi-detached houses in Brighton and Hove, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Brighton and Hove, and where 2 SPEARS WALK lies on this distribution: 30% of semi-detached houses are smaller than 2 SPEARS WALK, and 68% of semi-detached houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

Where is 2 SPEARS WALK?

2 SPEARS WALK is located in BRIGHTON, in the BN2 postcode district.