AKASSA, FERNDOWN ROAD, LYME REGIS, DT7 3DN - £586,250

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

AKASSA is a small detached house of 107m², built sometime between 1930 and 1949, which could now be worth an estimated £581,639. It was last sold for £586,250 in April 2022, which was around 12% above the average April 2022 detached price in the Dorset local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

AKASSA Sold Prices

Land registry data shows two sales for AKASSA 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. One of the two AKASSA sales was for above the average price, whilst the other was 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
2022 8 APR	£586,250	£525,140	12% above HPI
2017 13 OCT	£385,000	£438,651	12% below HPI

AKASSA 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 AKASSA sales from October 2017 and April 2022 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 October 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might AKASSA be worth now?

AKASSA might now be worth an estimated £581,639.

This is based on house price deflation of 0.8%, between April 2022 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 0.8% deflationary decrease is applied to the most recent sale price for AKASSA of £586,250 on 8th April 2022. For the value to have decreased from £586,250 to £581,639 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of AKASSA has moved in line with the HPI for detached houses in the Dorset local authority area.
• The April 2022 sale price of £586,250 represented a fair market value for the property.
• The size, condition, and specification of AKASSA has not materially changed since April 2022.

How Large is AKASSA?

AKASSA is 107m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% 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 AKASSA lies on this distribution: 28% of detached houses houses are smaller than AKASSA, and 70% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

AKASSA: Plot and Title Map

AKASSA sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of AKASSA, 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 AKASSA). 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 AKASSA?

AKASSA is located on FERNDOWN ROAD in LYME REGIS, in the DT7 postcode district. The below map shows the position of AKASSA on FERNDOWN ROAD.