Flats/Maisonettes 2 sales on record

MALLING COURT 28 SPENCES LANE

LEWES, EAST SUSSEX, BN7 2HE

£170,000

Location

Map view View on Google Maps View on OpenStreetMap Street View BN7 2HE

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	J. M. Furniture	0.1 miles
Bus stop	Church Lane	0.1 miles
Train station	Lewes	0.7 miles
University	Richmond AS03 Lecture Theatre	4.7 miles
Hospital	Eye Hospital	7.3 miles

Property details

Tenure

Leasehold

Property type

Flat

Last sold

£170,000 May 2026

Local average

£287,938 (24 sales)

Street crime

116 incidents within 1 mile (Aug 2026)

Price history

Event	Date	Price	Type	% change	Today’s value (HPI)	Action
Sold	06/05/2026	£170,000	Flat	+22.2%	£168,675 to July 2026	View transaction
Sold	13/09/2013	£139,150	Flat	—	£180,733 to July 2026	View transaction

Historic listings

Historic listing details will appear here after the next background check. If nothing changes after a few minutes, try refreshing the page.

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address	Price	Date	Type
GIBSON COURT, 60 FLAT 5 SPENCES LANE, LEWES, EAST SUSSEX, BN7 2HE	£160,000	22/01/2026	Flat
HAMSEY HOUSE, 5 FLAT 2 SOUTHDOWNS ROAD, LEWES, EAST SUSSEX, BN7 2WZ	£390,000	22/11/2023	Flat
HAMSEY HOUSE, 5 FLAT 8 SOUTHDOWNS ROAD, LEWES, EAST SUSSEX, BN7 2WZ	£415,000	28/10/2022	Flat
HAMSEY HOUSE, 5 FLAT 11 SOUTHDOWNS ROAD, LEWES, EAST SUSSEX, BN7 2WZ	£695,000	07/10/2022	Flat
HAMSEY HOUSE, 5 FLAT 10 SOUTHDOWNS ROAD, LEWES, EAST SUSSEX, BN7 2WZ	£410,000	07/10/2022	Flat
MALLING COURT 20 SPENCES LANE, LEWES, EAST SUSSEX, BN7 2HE	£251,000	21/02/2022	Flat

Area average: £386,833 (6 sales)

For sale comparables

Active for-sale listings within 1 mile, matched to the same property type. Bedroom counts vary — use the Beds column to compare like-for-like.

Address	Price	Beds	Type	Distance
Station Street, Marlborough Place Station Street, BN7	£170,000	—	Flat	0.62 mi

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -8.5%

10y growth 2.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Lewes. Series: Flats and maisonettes. As of July 2026.

1y (index) -2.1%

5y (index) -4.9%

10y (index) 7.1%

Rental Range

Estimated market rent for Lewes. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,209/mo

Realistic £1,343/mo

Optimistic £1,477/mo

Based on Local Authority from postcode lookup → Lewes.

LHA (30th percentile) floor for South East Herts: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed End Terrace, Western Road, BN7	£1,250/mo	2	0.96 miles	OpenRent

Average rent: £1,250/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.74%

Max investor price (0.8%) £156,250

Target investor price (1%) £125,000

Gross yield 8.8%

Cost-to-rent ratio 11.3×

Monthly cashflow £431/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 10.5%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Registered land (INSPIRE)

INSPIRE registered land data is not available for this location yet.

Street-level crime

Category	Count
Violence and sexual offences	35
Shoplifting	25
Anti-social behaviour	23
Burglary	7
Criminal damage and arson	6
Public order	6
Bicycle theft	3
Other theft	3
Possession of weapons	2
Robbery	2
Vehicle crime	2
Drugs	1
Other crime	1
Total incidents	116

Within 1 mile during Aug 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
South Malling CofE Primary and Nursery School	Primary	0.1 miles	Good — 10 Jan 2012
Priory School	Secondary	0.8 miles	Good — 14 Apr 2015
Lewes Old Grammar School	Other	0.8 miles	— (No rating)
Western Road Community Primary School	Primary	0.9 miles	Good — 23 Apr 2012
Southover CofE Primary School	Primary	0.9 miles	Good — 18 Oct 2013

FENSA

FENSA certificate details will appear here after the next background check. If nothing changes after a few minutes, try refreshing the page.

# MALLING COURT 28 SPENCES LANE, LEWES, EAST SUSSEX, BN7 2HE

## Property details

- Slug: `cb8892a` (address key hash: `cb8892acc2b6a9176c2cd69bdc216d90c86c0ba7`)
- Postcode: BN7 2HE
- Transactions on record: 2

- Tenure: Leasehold
- Property type: Flat
- Last sold: £170,000 May 2026
- Local average: £287,938 (24 sales)
- Street crime: 116 incidents within 1 mile (Aug 2026)

## Latest sale

- Price: £170,000
- Date: 2026-05-06
- Type: F
- Tenure: L

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-05-06 | £170,000 | Flat | +22.2% | £168,675 (to July 2026) | [View](http://87.117.209.195:8080/house-prices/5340b1c5-ca3a-8052-e063-4804a8c06ee4) |
| Sold | 2013-09-13 | £139,150 | Flat | — | £180,733 (to July 2026) | [View](http://87.117.209.195:8080/house-prices/cf48de20-77d7-42f4-a717-6d200594ed06) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| MALLING COURT 28 SPENCES LANE, LEWES, EAST SUSSEX, BN7 2HE | £170,000 | 06/05/2026 | Flat |
| MALLING COURT 28 SPENCES LANE, LEWES, EAST SUSSEX, BN7 2HE | £139,150 | 13/09/2013 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| GIBSON COURT, 60 FLAT 5 SPENCES LANE, LEWES, EAST SUSSEX, BN7 2HE | £160,000 | 22/01/2026 | Flat |
| HAMSEY HOUSE, 5 FLAT 2 SOUTHDOWNS ROAD, LEWES, EAST SUSSEX, BN7 2WZ | £390,000 | 22/11/2023 | Flat |
| HAMSEY HOUSE, 5 FLAT 8 SOUTHDOWNS ROAD, LEWES, EAST SUSSEX, BN7 2WZ | £415,000 | 28/10/2022 | Flat |
| HAMSEY HOUSE, 5 FLAT 11 SOUTHDOWNS ROAD, LEWES, EAST SUSSEX, BN7 2WZ | £695,000 | 07/10/2022 | Flat |
| HAMSEY HOUSE, 5 FLAT 10 SOUTHDOWNS ROAD, LEWES, EAST SUSSEX, BN7 2WZ | £410,000 | 07/10/2022 | Flat |
| MALLING COURT 20 SPENCES LANE, LEWES, EAST SUSSEX, BN7 2HE | £251,000 | 21/02/2022 | Flat |

**Area average:** £386,833 (6 sales)

## For sale comparables

*Active for-sale listings within 1 mile, matched to the same property type. Bedroom counts vary — use the Beds column to compare like-for-like.*

| Address | Price | Beds | Type | Distance |
|---------|-------|------|------|----------|
| [Station Street, Marlborough Place Station Street, BN7](http://87.117.209.195:8080/listings/8d9ba48) | £170,000 | — | Flat | 0.62 mi |

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -8.5%
- **10y growth:** 2.5%

## House Price Index (HM Land Registry)

*Official index for Lewes; Flats and maisonettes series; as of July 2026.*

- **1y growth (index):** -2.1%
- **5y growth (index):** -4.9%
- **10y growth (index):** 7.1%

## Rental Range

*ONS Price Index of Private Rents (Lewes). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,209/mo
- **Realistic:** £1,343/mo
- **Optimistic:** £1,477/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for South East Herts (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed End Terrace, Western Road, BN7 | £1,250/mo | 2 | 0.96 miles | OpenRent |

**Average rent: £1,250/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.74% (weak for cashflow)
- **Max investor price (0.8%):** £156,250
- **Target investor price (1%):** £125,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,250/mo).*

- **Gross yield:** 8.8%
- **Cost-to-rent:** 11.3×
- **Monthly cashflow:** £431/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 10.5%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 35 |
| Shoplifting | 25 |
| Anti-social behaviour | 23 |
| Burglary | 7 |
| Criminal damage and arson | 6 |
| Public order | 6 |
| Bicycle theft | 3 |
| Other theft | 3 |
| Possession of weapons | 2 |
| Robbery | 2 |
| Vehicle crime | 2 |
| Drugs | 1 |
| Other crime | 1 |
| **Total incidents** | **116** |

*Within 1 mile during Aug 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| South Malling CofE Primary and Nursery School | Primary | 0.1 miles | Good — 10 Jan 2012 |
| Priory School | Secondary | 0.8 miles | Good — 14 Apr 2015 |
| Lewes Old Grammar School | Other | 0.8 miles | — (No rating) |
| Western Road Community Primary School | Primary | 0.9 miles | Good — 23 Apr 2012 |
| Southover CofE Primary School | Primary | 0.9 miles | Good — 18 Oct 2013 |