LYMCROFT, TALBOT ROAD, LYME REGIS, DT7 3BA - £575,000

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

LYMCROFT is a very small detached house of 93m², built sometime between 1950 and 1966. It was last sold for £575,000 in February 2023, which was around 9% above the average February 2023 detached price in the Dorset local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

LYMCROFT Sold Prices

Land registry data shows three sales for LYMCROFT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Two of the three LYMCROFT sales were for above the average price, whilst one was 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
2023 21 FEB	£575,000	£525,832	9% above HPI
2006 24 MAR	£310,000	£288,937	7% above HPI
2002 5 APR	£196,000	£199,533	2% below HPI

LYMCROFT 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 three LYMCROFT sales between April 2002 and February 2023 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 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2023 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is LYMCROFT?

LYMCROFT is 93m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% 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 LYMCROFT lies on this distribution: 17% of detached houses are smaller than LYMCROFT, and 82% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

LYMCROFT: Plot and Title Map

LYMCROFT sits on a plot of roughly 0.260 of an acre, or 1,054m². The below map shows the location of LYMCROFT, 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 LYMCROFT). 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 LYMCROFT?

LYMCROFT is located on TALBOT ROAD in LYME REGIS, in the DT7 postcode district. The below map shows the position of LYMCROFT on TALBOT ROAD.