CRAMOND, WEST HILL ROAD, LYME REGIS, DT7 3LL - £400,000

CRAMOND is a small extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £400,000 in December 2016, which was about the average December 2016 detached price in the Dorset local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

CRAMOND Sold Prices

Land registry data shows three sales for CRAMOND 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. The three CRAMOND sales were a mix of roughly equal to the average price, above the average price, and 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
2016 22 DEC	£400,000	£398,160	Close to HPI
2004 15 JUL	£230,000	£278,730	17% below HPI
1998 29 JUL	£125,000	£120,678	4% above HPI

CRAMOND 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 CRAMOND sales between July 1998 and December 2016 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 July 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is CRAMOND?

CRAMOND is 105m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% 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 CRAMOND lies on this distribution: 26% of detached houses are smaller than CRAMOND, and 74% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

CRAMOND: Plot and Title Map

CRAMOND sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of CRAMOND, 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 CRAMOND). 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 CRAMOND?

CRAMOND is located on WEST HILL ROAD in LYME REGIS, in the DT7 postcode district. The below map shows the position of CRAMOND on WEST HILL ROAD.