3, HAYE CLOSE, LYME REGIS, DT7 3NJ - £425,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 HAYE CLOSE is a very small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £425,000 in September 2021, which was around 11% below the average September 2021 detached price in the Dorset local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was A.

3 HAYE CLOSE Sold Prices

Land registry data shows two sales for 3 HAYE 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 3 HAYE CLOSE sales were for 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
2021 28 SEP	£425,000	£475,393	11% below HPI
2002 21 AUG	£220,000	£225,048	2% below HPI

3 HAYE 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 3 HAYE CLOSE sales from August 2002 and September 2021 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 August 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 HAYE CLOSE be worth now?

3 HAYE CLOSE might now be worth an estimated £465,781.

This is based on house price inflation of 9.6%, between September 2021 and December 2024, 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 9.6% inflationary increase is applied to the most recent sale price for 3 HAYE CLOSE of £425,000 on 28th September 2021. For the value to have increased from £425,000 to £465,781 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 3 HAYE CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The September 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HAYE CLOSE has not materially changed since September 2021.

How Large is 3 HAYE CLOSE?

3 HAYE CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% 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 3 HAYE CLOSE lies on this distribution: 12% of detached houses houses are smaller than 3 HAYE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

3 HAYE CLOSE: Plot and Title Map

3 HAYE CLOSE sits on a plot of roughly 0.213 of an acre, or 862m². The below map shows the location of 3 HAYE 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 3 HAYE 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 3 HAYE CLOSE?

3 HAYE CLOSE is located in LYME REGIS, in the DT7 postcode district. The below map shows the position of No. 3 on HAYE CLOSE.