SOMERSCROFT, SOMERS ROAD, LYME REGIS, DT7 3EX - £925,000

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

SOMERSCROFT is a very large extended detached house of 265m², built sometime between 1930 and 1949. It was last sold for £925,000 in August 2021, which was around 102% above the average August 2021 detached price in the Dorset local authority area. The most recent EPC inspection was January 2023, where the current energy rating was A, and the potential energy rating was A.

SOMERSCROFT Sold Prices

Land registry data shows two sales for SOMERSCROFT 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. Both of the two SOMERSCROFT 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
2021 10 AUG	£925,000	£457,006	102% above HPI
1997 26 SEP	£249,000	£111,463	123% above HPI

SOMERSCROFT 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 SOMERSCROFT sales from September 1997 and August 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 September 1997 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the August 2021 sale, where it falls to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is SOMERSCROFT?

SOMERSCROFT is 265m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 10% 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 SOMERSCROFT lies on this distribution: 95% of detached houses are smaller than SOMERSCROFT, and 5% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

SOMERSCROFT: Plot and Title Map

SOMERSCROFT sits on a plot of roughly 0.633 of an acre, or 2,564m². The below map shows the location of SOMERSCROFT, 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 SOMERSCROFT). 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 SOMERSCROFT?

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