According to the public record, 1 Dorset Mews, Lyme Regis is a modern freehold house with 947 ft2 of internal area and sits on a 125 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Pound Road, Lyme Regis, DT7 is located within the DT7 postal district.
1 Dorset Mews, Lyme Regis has a single entry in the Land Registry database from January 2021 and a single entry in the EPC database dated August 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Dorset Mews Lyme Regis as £546,063 and the rental value as £1,474 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of 1 Dorset Mews Lyme Regis has decreased by £9,911 (1.8%) and its rental value has increased by £7 per month (0.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1 Dorset Mews, Lyme Regis is in very good condition we estimate a sale value of £573,366 and rental value of £1,548 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £507,839 and a rental value of £1,371 per month.
If you were able to purchase this property for the estimated value of £546,063, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,684 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1 Dorset Mews, Lyme Regis sits on a plot of 125m2.
We have plot size data on 13 out of 27 other houses in the postcode and 1 Dorset Mews, Lyme Regis sits on the 13th largest plot.
According to HM Land Registry, 1 Dorset Mews, Lyme Regis was last sold on 20 Jan 2021 for £300,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2021, the market for similar properties has risen 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Dorset Mews, Lyme Regis within a radius of 650 metres over the last 2 years.
The most recent example is 21, Portland Court, Lyme Regis, DT7 3ND, a Freehold house which sold for £610,000 in Oct 2022.
Read more about house prices in DT7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pound Road, Lyme Regis, DT7 has a total of 44 addresses. According to our analysis of all the public data, 1 Dorset Mews, Lyme Regis is the 18th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £129k more expensive than the average property in DT7.
1 Dorset Mews, Lyme Regis has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Aug 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 1 Dorset Mews, Lyme Regis is Axminster station which is 7.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1 Dorset Mews, Lyme Regis, 69.9% of property is privately owned outright and 16.4% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1 Dorset Mews, Lyme Regis, 8.0% of residents are recorded as possessing school level qualifications and 50.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Dorset Mews, Lyme Regis, the average age was 53.1 and the most common age was 72.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1 Dorset Mews, Lyme Regis, 2.1% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1 Dorset Mews, Lyme Regis, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.