SEVEN STEPS, WEST HILL ROAD, LYME REGIS, DT7 3LW - £415,000

SEVEN STEPS is a small detached house of 103m², built sometime between 1950 and 1966. It was last sold for £415,000 in November 2005, which was around 42% above the average November 2005 detached price in the Dorset local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

SEVEN STEPS Sold Prices

Land registry data shows two sales for SEVEN STEPS 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. One of the two SEVEN STEPS sales was for above the average price, whilst the other 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
2005 25 NOV	£415,000	£292,203	42% above HPI
2005 20 JAN	£265,000	£283,616	7% below HPI

SEVEN STEPS 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 SEVEN STEPS sales from January 2005 and November 2005 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 January 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2005 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is SEVEN STEPS?

SEVEN STEPS is 103m² according to the EPC inspection conducted in May 2011. 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 SEVEN STEPS lies on this distribution: 25% of detached houses are smaller than SEVEN STEPS, and 75% of houses are larger. Note that EPC data is not available for all properties in Lyme Regis.

SEVEN STEPS: Plot and Title Map

SEVEN STEPS sits on a plot of roughly 0.195 of an acre, or 790m². The below map shows the location of SEVEN STEPS, 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 SEVEN STEPS). 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 SEVEN STEPS?

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