MEADWAY, CHARMOUTH ROAD, LYME REGIS, DT7 3DP - £586,000

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

MEADWAY is a midsized extended detached house of 124m², built sometime between 1930 and 1949. It was last sold for £586,000 in September 2020, which was around 37% above the average September 2020 detached price in the Dorset local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

MEADWAY Sold Prices

Land registry data shows two sales for MEADWAY 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. One of the two MEADWAY sales was for above the average price, whilst the other 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
2020 21 SEP	£586,000	£427,453	37% above HPI
2010 4 JAN	£287,500	£309,937	7% below HPI

MEADWAY 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 MEADWAY sales from January 2010 and September 2020 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 January 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2020 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is MEADWAY?

MEADWAY is 124m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 50% 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 MEADWAY lies on this distribution: 44% of detached houses are smaller than MEADWAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

MEADWAY: Plot and Title Map

MEADWAY sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of MEADWAY, 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 MEADWAY). 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 MEADWAY?

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