PATCHWAYS, UPLYME ROAD, LYME REGIS, DT7 3LS - £327,500

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

PATCHWAYS is a small detached house of 114m², built sometime between 1983 and 1990. It was last sold for £327,500 in September 2013, which was around 1% below the average September 2013 detached price in the Dorset local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

PATCHWAYS Sold Prices

Land registry data shows two sales for PATCHWAYS 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 PATCHWAYS sales was for below the average price, whilst the other was 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
2013 25 SEP	£327,500	£331,101	1% below HPI
1998 8 SEP	£250,000	£124,655	101% above HPI

PATCHWAYS 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 PATCHWAYS sales from September 1998 and September 2013 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 1998 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the September 2013 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is PATCHWAYS?

PATCHWAYS is 114m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% 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 PATCHWAYS lies on this distribution: 33% of detached houses are smaller than PATCHWAYS, and 66% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

PATCHWAYS: Plot and Title Map

PATCHWAYS sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of PATCHWAYS, 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 PATCHWAYS). 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 PATCHWAYS?

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