CANDLEMAS COTTAGE, CHARMOUTH ROAD, LYME REGIS, DT7 3HH - £330,000

CANDLEMAS COTTAGE is a very small extended detached house of 96m², built sometime before 1900. It was last sold for £330,000 in December 2019, which was around 22% below the average December 2019 detached price in the Dorset local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was C.

CANDLEMAS COTTAGE Sold Prices

Land registry data shows four sales for CANDLEMAS COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the four CANDLEMAS COTTAGE 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
2019 16 DEC	£330,000	£424,186	22% below HPI
2004 21 DEC	£240,000	£283,644	15% below HPI
2001 10 AUG	£180,500	£183,866	2% below HPI
1996 30 APR	£74,350	£94,239	21% below HPI

CANDLEMAS COTTAGE 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 four CANDLEMAS COTTAGE sales between April 1996 and December 2019 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 December 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is CANDLEMAS COTTAGE?

CANDLEMAS COTTAGE is 96m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% 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 CANDLEMAS COTTAGE lies on this distribution: 20% of detached houses are smaller than CANDLEMAS COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

CANDLEMAS COTTAGE: Plot and Title Map

CANDLEMAS COTTAGE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of CANDLEMAS COTTAGE, 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 CANDLEMAS COTTAGE). 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 CANDLEMAS COTTAGE?

CANDLEMAS COTTAGE is located on CHARMOUTH ROAD in LYME REGIS, in the DT7 postcode district. The below map shows the position of CANDLEMAS COTTAGE on CHARMOUTH ROAD.