GLENMEAD, COLWAY LANE, LYME REGIS, DT7 3AR - £485,000

GLENMEAD is a small extended detached house of 101m², built sometime between 1930 and 1949. It was last sold for £485,000 in May 2020, which was around 14% above the average May 2020 detached price in the Dorset local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was D.

GLENMEAD Sold Prices

Land registry data shows three sales for GLENMEAD 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 GLENMEAD 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
2020 15 MAY	£485,000	£425,560	14% above HPI
2012 12 MAR	£340,000	£311,232	9% above HPI
2007 26 JAN	£260,000	£315,673	18% below HPI

GLENMEAD 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 GLENMEAD sales between January 2007 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 March 2012 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2020 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is GLENMEAD?

GLENMEAD is 101m², which includes one extension, according to the EPC inspection conducted in December 2010. 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 GLENMEAD lies on this distribution: 23% of detached houses are smaller than GLENMEAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

GLENMEAD: Plot and Title Map

GLENMEAD sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of GLENMEAD, 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 GLENMEAD). 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 GLENMEAD?

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