5, COLWAY CLOSE, LYME REGIS, DT7 3BE - £395,000

5 COLWAY CLOSE is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £395,000 in May 2021, which was around 14% below the average May 2021 detached price in the Dorset local authority area. The most recent EPC inspection was December 2012, where the current energy rating was F, and the potential energy rating was C.

5 COLWAY CLOSE Sold Prices

Land registry data shows two sales for 5 COLWAY CLOSE 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 5 COLWAY CLOSE sales were 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
2021 26 MAY	£395,000	£458,310	14% below HPI
2013 31 JAN	£225,000	£319,335	30% below HPI

5 COLWAY CLOSE 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 5 COLWAY CLOSE sales from January 2013 and May 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 January 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 5 COLWAY CLOSE?

5 COLWAY CLOSE is 77m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 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 5 COLWAY CLOSE lies on this distribution: 7% of detached houses are smaller than 5 COLWAY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

5 COLWAY CLOSE: Plot and Title Map

5 COLWAY CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 5 COLWAY CLOSE, 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 5 COLWAY CLOSE). 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 5 COLWAY CLOSE?

5 COLWAY CLOSE is located in LYME REGIS, in the DT7 postcode district. The below map shows the position of No. 5 on COLWAY CLOSE.