2, OVERTON CLOSE, LYME REGIS, DT7 3HQ - £550,000

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 OVERTON CLOSE is a small detached house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £648,680. It was last sold for £550,000 in September 2018, which was around 23% above the average September 2018 detached price in the Dorset local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

2 OVERTON CLOSE Sold Prices

Land registry data shows two sales for 2 OVERTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two 2 OVERTON CLOSE 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
2018 27 SEP	£550,000	£448,044	23% above HPI
2015 27 MAY	£425,000	£370,607	15% above HPI

2 OVERTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The two 2 OVERTON CLOSE sales from May 2015 and September 2018 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 May 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2018 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 2 OVERTON CLOSE be worth now?

2 OVERTON CLOSE might now be worth an estimated £648,680.

This is based on house price inflation of 17.9%, between September 2018 and February 2025, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.9% inflationary increase is applied to the most recent sale price for 2 OVERTON CLOSE of £550,000 on 27th September 2018. For the value to have increased from £550,000 to £648,680 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 OVERTON CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The September 2018 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OVERTON CLOSE has not materially changed since September 2018.

How Large is 2 OVERTON CLOSE?

2 OVERTON CLOSE is 114m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses houses in Lyme Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lyme Regis, and where 2 OVERTON CLOSE lies on this distribution: 33% of detached houses houses are smaller than 2 OVERTON CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

2 OVERTON CLOSE: Plot and Title Map

2 OVERTON CLOSE sits on a plot of roughly 0.323 of an acre, or 1,309m². The below map shows the location of 2 OVERTON CLOSE, 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 2 OVERTON CLOSE). 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 2 OVERTON CLOSE?

2 OVERTON CLOSE is located in LYME REGIS, in the DT7 postcode district. The below map shows the position of No. 2 on OVERTON CLOSE.