CANDLEMAS COTTAGE, CHARMOUTH ROAD, LYME REGIS, DT7 3HH - £330,000

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.

CANDLEMAS COTTAGE is a very small extended detached house of 96m², built sometime before 1900, which could now be worth an estimated £399,438. It was last sold for £330,000 in December 2019, which was around 25% below the average December 2019 detached price in the Dorset local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was C.

CANDLEMAS COTTAGE Sold Prices

Land registry data shows four sales for CANDLEMAS COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the four CANDLEMAS COTTAGE 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
2019 16 DEC	£330,000	£437,398	25% below HPI
2004 21 DEC	£240,000	£292,478	18% below HPI
2001 10 AUG	£180,500	£189,592	5% below HPI
1996 30 APR	£74,350	£97,174	23% below HPI

CANDLEMAS COTTAGE 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 four CANDLEMAS COTTAGE sales between April 1996 and December 2019 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 December 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might CANDLEMAS COTTAGE be worth now?

CANDLEMAS COTTAGE might now be worth an estimated £399,438.

This is based on house price inflation of 21%, between December 2019 and March 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 21% inflationary increase is applied to the most recent sale price for CANDLEMAS COTTAGE of £330,000 on 16th December 2019. For the value to have increased from £330,000 to £399,438 over the six years and nine months to March 2025, the following assumptions must hold true:

• The value of CANDLEMAS COTTAGE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The December 2019 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of CANDLEMAS COTTAGE has not materially changed since December 2019.

How Large is CANDLEMAS COTTAGE?

CANDLEMAS COTTAGE is 96m², which includes one extension, according to the EPC inspection conducted in September 2018. 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 CANDLEMAS COTTAGE lies on this distribution: 19% of detached houses houses are smaller than CANDLEMAS COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

CANDLEMAS COTTAGE: Plot and Title Map

CANDLEMAS COTTAGE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of CANDLEMAS COTTAGE, 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 CANDLEMAS COTTAGE). 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 CANDLEMAS COTTAGE?

CANDLEMAS COTTAGE is located on CHARMOUTH ROAD in LYME REGIS, in the DT7 postcode district. The below map shows the position of CANDLEMAS COTTAGE on CHARMOUTH ROAD.