THE OLD ORCHARD, COLWAY LANE, LYME REGIS, DT7 3BD - £645,000

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

THE OLD ORCHARD is a large extended detached house of 147m², built sometime between 1983 and 1990. It was last sold for £645,000 in December 2022, which was around 22% above the average December 2022 detached price in the Dorset local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

THE OLD ORCHARD Sold Prices

Land registry data shows three sales for THE OLD ORCHARD 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. Two of the three THE OLD ORCHARD sales were for above the average price, whilst one 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
2022 6 DEC	£645,000	£528,604	22% above HPI
2013 18 OCT	£325,000	£333,760	3% below HPI
1995 18 JUL	£100,500	£92,220	9% above HPI

THE OLD ORCHARD 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 THE OLD ORCHARD sales between July 1995 and December 2022 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 October 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is THE OLD ORCHARD?

THE OLD ORCHARD is 147m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 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 THE OLD ORCHARD lies on this distribution: 61% of detached houses are smaller than THE OLD ORCHARD, and 39% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

THE OLD ORCHARD: Plot and Title Map

THE OLD ORCHARD sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of THE OLD ORCHARD, 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 OLD ORCHARD). 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 OLD ORCHARD?

THE OLD ORCHARD is located on COLWAY LANE in LYME REGIS, in the DT7 postcode district. The below map shows the position of THE OLD ORCHARD on COLWAY LANE.