MILL HOUSE, HAYE LANE, LYME REGIS, DT7 3NQ - £606,000

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

MILL HOUSE is a very large detached house of 193m², built sometime between 1996 and 2002. It was last sold for £606,000 in July 2017, which was around 47% above the average July 2017 detached price in the Dorset local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

MILL HOUSE Sold Prices

Land registry data shows three sales for MILL HOUSE 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. All of the three MILL HOUSE 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
2017 7 JUL	£606,000	£411,577	47% above HPI
2009 25 SEP	£440,000	£296,860	48% above HPI
1999 17 DEC	£242,000	£145,826	66% above HPI

MILL HOUSE 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 MILL HOUSE sales between December 1999 and July 2017 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 September 2009 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the July 2017 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is MILL HOUSE?

MILL HOUSE is 193m² according to the EPC inspection conducted in May 2009. This puts it in the largest 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 MILL HOUSE lies on this distribution: 81% of detached houses are smaller than MILL HOUSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

MILL HOUSE: Plot and Title Map

MILL HOUSE sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of MILL HOUSE, 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 MILL HOUSE). 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 MILL HOUSE?

MILL HOUSE is located on HAYE LANE in LYME REGIS, in the DT7 postcode district. The below map shows the position of MILL HOUSE on HAYE LANE.