HERON RIDGE, TIMBER HILL, LYME REGIS, DT7 3HQ - £900,000

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.

HERON RIDGE is a large detached house of 147m², built sometime between 1967 and 1975, which could now be worth an estimated £1,000,410. It was last sold for £900,000 in September 2021, which was around 89% above the average September 2021 detached price in the Dorset local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

HERON RIDGE Sold Prices

Land registry data shows two sales for HERON RIDGE 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 HERON RIDGE 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
2021 7 SEP	£900,000	£475,393	89% above HPI
2020 19 MAR	£650,000	£434,844	49% above HPI

HERON RIDGE 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 HERON RIDGE sales from March 2020 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 March 2020 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the September 2021 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might HERON RIDGE be worth now?

HERON RIDGE might now be worth an estimated £1,000,410.

This is based on house price inflation of 11.2%, between September 2021 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 11.2% inflationary increase is applied to the most recent sale price for HERON RIDGE of £900,000 on 7th September 2021. For the value to have increased from £900,000 to £1,000,410 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of HERON RIDGE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The September 2021 sale price of £900,000 represented a fair market value for the property.
• The size, condition, and specification of HERON RIDGE has not materially changed since September 2021.

How Large is HERON RIDGE?

HERON RIDGE is 147m² according to the EPC inspection conducted in May 2024. This puts it in the largest 40% 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 HERON RIDGE lies on this distribution: 61% of detached houses houses are smaller than HERON RIDGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

HERON RIDGE: Plot and Title Map

HERON RIDGE sits on a plot of roughly 0.461 of an acre, or 1,865m². The below map shows the location of HERON RIDGE, 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 HERON RIDGE). 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 HERON RIDGE?

HERON RIDGE is located on TIMBER HILL in LYME REGIS, in the DT7 postcode district. The below map shows the position of HERON RIDGE on TIMBER HILL.