MARINA COTTAGE, HILL ROAD, LYME REGIS, DT7 3PE - £395,000

MARINA COTTAGE is a very small extended detached house of 55m², built sometime between 1991 and 1995. It was last sold for £395,000 in March 2018, which was around 7% below the average March 2018 detached price in the Dorset local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

MARINA COTTAGE Sold Prices

Land registry data shows three sales for MARINA COTTAGE 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. All of the three MARINA 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
2018 20 MAR	£395,000	£423,562	7% below HPI
1997 30 MAY	£92,500	£104,448	11% below HPI
1996 19 JUL	£80,000	£96,130	17% below HPI

MARINA 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 three MARINA COTTAGE sales between July 1996 and March 2018 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 May 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is MARINA COTTAGE?

MARINA COTTAGE is 55m², which includes one extension, according to the EPC inspection conducted in October 2017. 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 MARINA COTTAGE lies on this distribution: 1% of detached houses are smaller than MARINA COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

MARINA COTTAGE: Plot and Title Map

MARINA COTTAGE sits on a plot of roughly 0.044 of an acre, or 176m². The below map shows the location of MARINA 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 MARINA 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 MARINA COTTAGE?

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