Flat 5, Gibson Court, 60 Spences Lane, Lewes, BN7 2HE is a leasehold flat built between 1983-1990. The property offers approximately 506 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £168,324 , which equates to approximately £333 per square foot. It was last sold on 9 Mar 2007 for £125,000. Since then, the value has increased by £43,324, representing a 34.7% increase, or approximately 1.8% per year.

The current estimated value of £168,324 is:

  • 42.3% lower than the average property price on Spences Lane
  • 27.1% lower than the average in the BN7 2HE postcode area
  • and 69.1% lower than the average price for Lewes as a whole

At the most recent EPC inspection on 24 September 2018, the property was recorded as owner-occupied.

View sold house prices in BN7 2HE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£168,324
Price Per sq ft (estimate)
£333
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Gibson Court, 60 Spences Lane, Lewes, East Sussex, BN7 2HE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Sep 2018.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Oct 2008. The rating of C is unchanged, though the energy efficiency score decreased by 5.2%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in 16% of fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to BN7 2HE

35 th / 42
Price Rank
27% lower than average
12 th / 24
Size Rank
7% smaller than average
24 th / 24
Price Per Sq FT Rank
21% lower than average

Compared to other properties in BN7 2HE , this flat's estimated value ranks 35th out of 42. Based on price per square foot, it ranks 24th out of 24 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 12th out of 24 properties in its postcode area.

Sale History

Today
£168,324
streetscan.co.uk estimate
+35 %
9 Mar 2007
£125,000
Leasehold
+303.2 %
27 Aug 1996
£31,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 431 sq ft
sale price: £153,000
sale date: 22 May 2023
rooms: 2
size: 538 sq ft
sale price: £148,000
sale date: 15 Apr 2011
rooms: 3
size: 543 sq ft
sale price: £155,000
sale date: 15 Jan 2010
rooms: 3
size: 506 sq ft
sale price: £133,000
sale date: 28 Apr 2006
rooms: 2
size: 452 sq ft
sale price: £187,000
sale date: 15 Aug 2022

Data Sources

The property at Flat 5, Gibson Court, 60 Spences Lane, Lewes, BN7 2HE appears two times in the Land Registry records, with the latest transaction recorded on 9 Mar 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Sep 2018. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.