2, WELLHAYES, MARINE PARADE, LYME REGIS, DT7 3JH - £242,500

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 WELLHAYES is a very small semi-detached house of 31m², built sometime between 1950 and 1966, which could now be worth an estimated £340,847. It was last sold for £242,500 in November 2015, which was about the average November 2015 semi-detached price in the Dorset local authority area. The most recent EPC inspection was July 2011, where the current energy rating was G, and the potential energy rating was E.

2 WELLHAYES Sold Prices

Land registry data shows four sales for 2 WELLHAYES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Dorset local authority area for the corresponding sale date. The four 2 WELLHAYES sales were a mix of roughly equal to the average price, and below 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
2015 30 NOV	£242,500	£241,894	Close to HPI
2005 30 JUN	£120,000	£187,476	36% below HPI
2002 7 JUN	£80,000	£127,950	37% below HPI
1995 30 JUN	£26,500	£57,509	54% below HPI

2 WELLHAYES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dorset local authority area over time, sourced from the HPI. The four 2 WELLHAYES sales between June 1995 and November 2015 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 June 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 WELLHAYES be worth now?

2 WELLHAYES might now be worth an estimated £340,847.

This is based on house price inflation of 40.6%, between November 2015 and February 2025, for semi-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 40.6% inflationary increase is applied to the most recent sale price for 2 WELLHAYES of £242,500 on 30th November 2015. For the value to have increased from £242,500 to £340,847 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 WELLHAYES has moved in line with the HPI for semi-detached houses in the Dorset local authority area.
• The November 2015 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 2 WELLHAYES has not materially changed since November 2015.

How Large is 2 WELLHAYES?

2 WELLHAYES is 31m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of semi-detached houses houses in Lyme Regis, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lyme Regis, and where 2 WELLHAYES lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 2 WELLHAYES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

2 WELLHAYES: Plot and Title Map

2 WELLHAYES sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 2 WELLHAYES, 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 WELLHAYES). 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 WELLHAYES?

2 WELLHAYES is located on MARINE PARADE in LYME REGIS, in the DT7 postcode district. The below map shows the position of 2 WELLHAYES on MARINE PARADE.