HIGH BANKS, MILL GREEN, LYME REGIS, DT7 3PH - £365,000

HIGH BANKS is a very small detached house of 80m², built sometime before 1900. It was last sold for £365,000 in October 2009, which was around 21% above the average October 2009 detached price in the Dorset local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was E.

HIGH BANKS Sold Prices

Land registry data shows three sales for HIGH BANKS 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 HIGH BANKS 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
2009 23 OCT	£365,000	£301,051	21% above HPI
2002 6 DEC	£270,000	£237,942	13% above HPI
2000 10 JAN	£85,000	£147,865	43% below HPI

HIGH BANKS 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 HIGH BANKS sales between January 2000 and October 2009 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 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2009 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is HIGH BANKS?

HIGH BANKS is 80m² according to the EPC inspection conducted in April 2009. 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 HIGH BANKS lies on this distribution: 8% of detached houses are smaller than HIGH BANKS, and 92% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

HIGH BANKS: Plot and Title Map

HIGH BANKS sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of HIGH BANKS, 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 HIGH BANKS). 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 HIGH BANKS?

HIGH BANKS is located on MILL GREEN in LYME REGIS, in the DT7 postcode district. The below map shows the position of HIGH BANKS on MILL GREEN.