CORNER COTTAGE, HILL RISE ROAD, LYME REGIS, DT7 3LN - £530,000

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.

CORNER COTTAGE is a large detached house of 161m², built sometime between 1900 and 1929, which could now be worth an estimated £813,786. It was last sold for £530,000 in October 2013, which was around 54% above the average October 2013 detached price in the Dorset local authority area. The most recent EPC inspection was July 2009, where the current energy rating was F, and the potential energy rating was E.

CORNER COTTAGE Sold Prices

Land registry data shows four sales for CORNER 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 CORNER COTTAGE 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
2013 31 OCT	£530,000	£344,155	54% above HPI
2009 23 SEP	£490,000	£306,106	60% above HPI
2001 2 MAR	£249,500	£171,599	45% above HPI
1998 26 FEB	£160,000	£118,240	35% above HPI

CORNER 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 CORNER COTTAGE sales between February 1998 and October 2013 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 September 2009 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the October 2013 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might CORNER COTTAGE be worth now?

CORNER COTTAGE might now be worth an estimated £813,786.

This is based on house price inflation of 53.5%, between October 2013 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 53.5% inflationary increase is applied to the most recent sale price for CORNER COTTAGE of £530,000 on 31st October 2013. For the value to have increased from £530,000 to £813,786 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of CORNER COTTAGE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The October 2013 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of CORNER COTTAGE has not materially changed since October 2013.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 161m² according to the EPC inspection conducted in July 2009. This puts it in the largest 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 CORNER COTTAGE lies on this distribution: 71% of detached houses houses are smaller than CORNER COTTAGE, and 29% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of CORNER 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 CORNER 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 CORNER COTTAGE?

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