Lyme Regis House Prices Lyme Regis House Prices

The average house price in Lyme Regis is £512,000 using HM Land Registry data.

The average property price increased by £208,857 (57.22%) over the last 5 years and increased by £41,848 (7.87%) over the last 12 months.

Over the last year, there were 52 residential property sales – a decrease of 36 transactions (-69.23%) relative to the previous year. The majority of house sales (16) were in the £250,000 - £416,000 range. Then came properties in the £416,000 - £582,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-31,138 (-5%).

In Dec 24, there were 6 new estate agency instructions, 4 agreed home sales and 7 property price reductions.

5-Year Average Property Prices in Lyme Regis

57.22%

Property prices in Lyme Regis increased by 57.22% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Lyme Regis Over the Last Year

7.87%

Property prices in Lyme Regis increased by 7.87% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Lyme Regis - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Lyme Regis

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Lyme Regis

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Lyme Regis

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Lyme Regis since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Lyme Regis area since 1995.

Recent Property Sales in Lyme Regis

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Clappentail Park, Lyme Regis, Dorset, DT7 3NB£720,000£720,000£0027 Jun 202405 Nov 2024131 Days
2 Dragons Hill, Lyme Regis, Dorset, DT7 3HW£550,000£545,000-£5,00001 Jul 202431 Oct 2024122 Days
Flat 4, Cloverdale Court, Anning Road, Lyme Regis, Dorset, DT7 3ED£155,000£150,000-£5,00013 May 202429 Oct 2024169 Days
Dalebrook, Talbot Road, Lyme Regis, Dorset, DT7 3BB£595,000£567,500-£27,50010 Jun 202423 Oct 2024135 Days
3 Kersbrook Gardens, Lyme Regis, Dorset, DT7 3JL£285,000£265,000-£20,00028 Mar 202414 Oct 2024200 Days
2 Clappentail Court, Lyme Regis, Dorset, DT7 3NA£250,000£250,000£0005 Apr 202430 Sep 2024178 Days
47 Church Street, Lyme Regis, Dorset, DT7 3DA£450,000£450,000£0022 Mar 202412 Sep 2024174 Days
5 Kersbrook Gardens, Lyme Regis, Dorset, DT7 3JL£375,000£375,000£0021 May 202423 Aug 202494 Days
10 Highcliff Road, Lyme Regis, Dorset, DT7 3EW£725,000£710,000-£15,00011 Apr 202405 Aug 2024116 Days
Flat 4, Glen Andred, Colway Lane, Lyme Regis, Dorset, DT7 3HE£365,000£355,000-£10,00026 Mar 202430 Jul 2024126 Days
44 Talbot Road, Lyme Regis, Dorset, DT7 3BB£565,000£565,000£0010 May 202430 Jul 202481 Days
Pennard, Somers Road, Lyme Regis, Dorset, DT7 3EX£795,000£795,000£0011 Mar 202419 Jul 2024130 Days
2 Avenue Close, Lyme Regis, Dorset, DT7 3AG£250,000£237,500-£12,50026 Jul 202318 Jun 2024328 Days
41a, Sherborne Lane, Lyme Regis, Dorset, DT7 3NY£460,000£427,500-£32,50029 Sep 202328 May 2024242 Days
Flat 1, Gatesfield, Sidmouth Road, Lyme Regis, Dorset, DT7 3EQ£350,000£322,500-£27,50015 Mar 202423 May 202469 Days
37 Henrys Way, Lyme Regis, Dorset, DT7 3BW£385,000£368,000-£17,00005 Apr 202324 Apr 2024385 Days
5 Coram Court, Lyme Regis, Dorset, DT7 3GE£895,000£847,000-£48,00012 Sep 202316 Apr 2024217 Days
Flat 13, Cloverdale Court, Anning Road, Lyme Regis, Dorset, DT7 3ED£155,000£148,000-£7,00017 May 202316 Apr 2024335 Days
Briar Lodge, Woodmead Road, Lyme Regis, Dorset, DT7 3AB£750,000£727,500-£22,50027 Jul 202311 Apr 2024259 Days
Shores, Upper Westhill Road, Lyme Regis, Dorset, DT7 3ER£800,000£670,000-£130,00023 Nov 202303 Apr 2024132 Days

Most Expensive Streets in Lyme Regis

PostcodeStreetAreaAverageNo. of Sales
DT7 3QYBarfleur RiseLyme Regis£901,6663
DT7 3LWWest Hill RoadLyme Regis£887,6005
DT7 3HQOverton CloseLyme Regis£878,3336
DT7 3EXSomers RoadLyme Regis£866,04112
DT7 3EYGreenwayLyme Regis£857,1663
DT7 3EZSomer FieldsLyme Regis£856,7005
DT7 3ESSidmouth RoadLyme Regis£818,7504
DT7 3ERUpper Westhill RoadLyme Regis£775,5004
DT7 3AAView RoadLyme Regis£743,0005
DT7 3EWHighcliff RoadLyme Regis£708,0005

Least Expensive Streets in Lyme Regis

PostcodeStreetAreaAverageNo. of Sales
DT7 3NNCharmouth HousePortland Court£142,3333
DT7 3EDCloverdale CourtAnning Road£143,11118
DT7 3NWChideock CourtClappentail Lane£148,1504
DT7 3LRHayes CourtHaye Lane£187,5005
DT7 3NAClappentail CourtLyme Regis£205,0305
DT7 3QFBroad StreetLyme Regis£220,6258
DT7 3DYKings WayLyme Regis£226,3905
DT7 3DTSummerhill RoadLyme Regis£228,7124
DT7 3BHQueens WalkLyme Regis£232,1258
DT7 3HULewesdon CourtSilver Street, Lyme Regis£243,3333

Explore Lyme Regis and Neighbouring Area House Prices