THE FINCHES, TALBOT ROAD, LYME REGIS, DT7 3BA - £475,000

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

THE FINCHES is a midsized detached house of 138m², built sometime between 1950 and 1966. It was last sold for £475,000 in May 2020, which was around 12% above the average May 2020 detached price in the Dorset local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

THE FINCHES Sold Prices

Land registry data shows two sales for THE FINCHES 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 THE FINCHES 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
2020 26 MAY	£475,000	£425,560	12% above HPI
2018 9 NOV	£445,000	£425,034	5% above HPI

THE FINCHES 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 THE FINCHES sales from November 2018 and May 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 November 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is THE FINCHES?

THE FINCHES is 138m² according to the EPC inspection conducted in August 2017. This puts it in the largest 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 THE FINCHES lies on this distribution: 54% of detached houses are smaller than THE FINCHES, and 45% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

THE FINCHES: Plot and Title Map

THE FINCHES sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of THE FINCHES, 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 THE FINCHES). 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 THE FINCHES?

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