CORNERWAYS, WEST HILL ROAD, LYME REGIS, DT7 3LW - £540,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

CORNERWAYS is a large extended detached house of 172m², built sometime between 1967 and 1975. It was last sold for £540,000 in June 2014, which was around 57% above the average June 2014 detached price in the Dorset local authority area. The most recent EPC inspection was February 2014, where the current energy rating was B, and the potential energy rating was A.

CORNERWAYS Sold Prices

Land registry data shows two sales for CORNERWAYS 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 CORNERWAYS 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
2014 11 JUN	£540,000	£343,100	57% above HPI
2001 22 MAY	£185,000	£170,688	8% above HPI

CORNERWAYS 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 CORNERWAYS sales from May 2001 and June 2014 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 May 2001 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2014 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 172m², which includes three extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of detached houses in Lyme Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Lyme Regis, and where CORNERWAYS lies on this distribution: 75% of detached houses are smaller than CORNERWAYS, and 25% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

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