According to the public record, 2 The Close, Lyme Regis is a modern house with 1,550 ft2 of internal area and sits on a 366 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Colway Lane, Lyme Regis, DT7 is located within the DT7 postal district.
2 The Close, Lyme Regis has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 2 The Close Lyme Regis as £669,793 and the rental value as £1,611 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of 2 The Close Lyme Regis has decreased by £19,208 (2.9%) and its rental value has decreased by £10 per month (0.6%).
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 2 The Close, Lyme Regis is in very good condition we estimate a sale value of £703,283 and rental value of £1,691 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £622,908 and a rental value of £1,498 per month.
If you were able to purchase this property for the estimated value of £669,793, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,292 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, 2 The Close, Lyme Regis sits on a plot of 366m2.
We have plot size data on 6 out of 6 other houses in the postcode and 2 The Close, Lyme Regis sits on the 6th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Close, Lyme Regis within a radius of 199m over the last 2 years.
The most recent example is 42, Woodberry Down Way, Lyme Regis, DT7 3QT, a Freehold house which sold for £605,000 in May 2024.
Read more about house prices in DT7.
Colway Lane, Lyme Regis, DT7 has a total of 52 addresses. According to our analysis of all the public data, 2 The Close, Lyme Regis is the 21st largest and the 17th most expensive property on the street.
When compared to the postcode district it is £253k more expensive than the average property in DT7.
2 The Close, Lyme Regis has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2 The Close, Lyme Regis is Axminster station which is 7.0 km 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 2 The Close, Lyme Regis, 46.7% of property is socially rented and 18.7% is privately owned with a mortgage.
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 2 The Close, Lyme Regis, 17.5% of residents are recorded as possessing school level qualifications and 22.8% 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 2 The Close, 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 2 The Close, Lyme Regis, 0.0% 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 2 The Close, Lyme Regis, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.