MELLERAY, WARE LANE, LYME REGIS, DT7 3EL - £595,000

MELLERAY is a midsized extended detached house of 127m², built sometime between 1976 and 1982. It was last sold for £595,000 in November 2014, which was around 65% above the average November 2014 detached price in the Dorset local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

MELLERAY Sold Prices

Land registry data shows two sales for MELLERAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two MELLERAY sales were for above 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
2014 7 NOV	£595,000	£361,307	65% above HPI
1995 23 MAY	£147,000	£93,314	58% above HPI

MELLERAY 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 two MELLERAY sales from May 1995 and November 2014 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 1995 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the November 2014 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is MELLERAY?

MELLERAY is 127m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% 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 MELLERAY lies on this distribution: 48% of detached houses are smaller than MELLERAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

MELLERAY: Plot and Title Map

MELLERAY sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of MELLERAY, 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 MELLERAY). 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 MELLERAY?

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