HOVE TO, CHARMOUTH ROAD, LYME REGIS, DT7 3DL - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HOVE TO is a small extended detached house of 103m², built sometime between 1930 and 1949. It was last sold for £350,000 in November 2021, which was around 28% below the average November 2021 detached price in the Dorset local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

HOVE TO Sold Prices

Land registry data shows five sales for HOVE TO since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the five HOVE TO 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
2021 23 NOV	£350,000	£483,631	28% below HPI
2015 12 MAY	£325,000	£359,413	10% below HPI
2005 20 OCT	£250,000	£292,587	15% below HPI
2002 22 AUG	£187,000	£218,250	14% below HPI
1996 30 AUG	£62,500	£96,356	35% below HPI

HOVE TO 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 five HOVE TO sales between August 1996 and November 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 May 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is HOVE TO?

HOVE TO is 103m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 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 HOVE TO lies on this distribution: 25% of detached houses are smaller than HOVE TO, and 75% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

HOVE TO: Plot and Title Map

HOVE TO sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of HOVE TO, 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 HOVE TO). 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 HOVE TO?

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