5, Spring Lane
5, Spring Lane
Description & Estimates
5, Spring Lane, Bexhill-On-Sea is recorded publicly as a modern freehold house across 871 ft2 of internal area, sitting on a 405 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Spring Lane, Bexhill-On-Sea is £374,106 and its rental estimate is £1,662 per month, given the available information and assuming reasonable condition.
Spring Lane, Bexhill-On-Sea, TN39 falls within the TN39 postal district, in the borough of Rother.
Our Data Sources
5, Spring Lane, Bexhill-On-Sea has 2 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Spring Lane, Bexhill-On-Sea, we estimate a market value of £392,812 and a rental value of £1,745 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £347,919 and £1,545 per month respectively.
Recent Market Change
Over the last year, 5, Spring Lane, Bexhill-On-Sea has seen its estimated sale value decline by £6,986 (1.9%) and its estimated rental value climb by £35 per month (2.1%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 5, Spring Lane, Bexhill-On-Sea as measuring 405 m2.
That makes it the 9th largest plot in the postcode, where all 44 other houses have recorded plot data.
Energy Efficiency
5, Spring Lane, Bexhill-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Spring Lane, Bexhill-On-Sea completed on 5th July 2024 at £490,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 7.2% over the period since July 2024.
- Sold Jul 2024£490,000
- Sold Mar 2021£320,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Spring Lane, Bexhill-On-Sea have sold within a radius of 840 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2024, was 21, Spring Lane, Bexhill-On-Sea, TN39 4ET, a freehold house which sold for £380,000.
Read more about house prices in TN39.
- Sold Oct 2024£380,000 | 3 Bed House21, Spring Lane, Bexhill-On-Sea, TN39 4ET21, Spring Lane, Bexhill-On-Sea, TN39 4ET
- Sold Jul 2022£417,500 | 3 Bed House20, Spring Lane, Bexhill-On-Sea, TN39 4ET20, Spring Lane, Bexhill-On-Sea, TN39 4ET
- Sold Jul 2021£392,000 | 3 Bed House14, Spring Lane, Bexhill-On-Sea, TN39 4ET14, Spring Lane, Bexhill-On-Sea, TN39 4ET
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 44 addresses on Spring Lane, Bexhill-On-Sea, TN39, 5, Spring Lane, Bexhill-On-Sea comes out as the 7th largest and the 10th most expensive in our analysis of the public data.
It is also £5k more expensive than the average property across the TN39 district.
More reading links
Schools Nearby
- 600mLittle Common School
- 2.0kmGlenleigh Park Primary Academy
- 2.5kmKing Offa Primary Academy
- 1.8kmBexhill High Academy
- 4.1kmSt Richard's Catholic College
- 7.3kmMulberry Academy St Leonards
More reading links
Public Transport Nearby
From 5, Spring Lane, Bexhill-On-Sea, the nearest station is Cooden Beach, 1.8 kilometres away.
- 1.8kmCooden Beach
- 2.2kmCollington
- 3.4kmBexhill
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
