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Lyme Regis House Prices Lyme Regis House Prices

The average house price in Lyme Regis is £570,000 using HM Land Registry data.

The average property price increased by £167,062 (45.7%) over the last 5 years and increased by £33,389 (6.69%) over the last 12 months.

Over the last year, there were 58 residential property sales – a decrease of 31 transactions (-53.45%) relative to the previous year. The majority of house sales (16) were in the £220,000 - £370,000 range. Then came properties in the £370,000 - £520,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 27 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-29,086 (-4%).

In April 2024, there were 20 new estate agency instructions, 5 agreed home sales and 12 property price reductions.

Postcodes Covered: DT7

5-Year Average Property Prices in Lyme Regis

45.7%

Property prices in Lyme Regis increased by 45.7% 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

6.69%

Property prices in Lyme Regis increased by 6.69% 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 - April 2024

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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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
25 Kings Way, Lyme Regis, Dorset, DT7 3DU£278,000£275,000-£3,00002 Dec 202308 Mar 202497 Days
Flat 2, Chideock Court, Clappentail Lane, Lyme Regis, Dorset, DT7 3NW£115,000£108,000-£7,00016 Oct 202301 Mar 2024137 Days
Flat 2, Gatesfield, Sidmouth Road, Lyme Regis, Dorset, DT7 3EQ£450,000£440,000-£10,00012 Jul 201713 Feb 20242407 Days
49 Henrys Way, Lyme Regis, Dorset, DT7 3BW£385,000£375,000-£10,00027 Oct 202302 Feb 202498 Days
2 St Andrews Meadow, Lyme Regis, Dorset, DT7 3NS£1,250,000£1,200,000-£50,00026 May 202331 Jan 2024250 Days
Applegarth, Somers Road, Lyme Regis, Dorset, DT7 3EX£1,200,000£1,090,000-£110,00026 Jul 202310 Jan 2024168 Days
Primavera Cottage, 2 Springhill, Haye Lane, Lyme Regis, Dorset, DT7 3NH£550,000£540,000-£10,00010 Jul 202310 Nov 2023123 Days
23 Fairfield Park, Lyme Regis, Dorset, DT7 3DS£475,000£468,000-£7,00027 Mar 202328 Aug 2023154 Days
48 Summerhill Road, Lyme Regis, Dorset, DT7 3DT£325,000£324,850-£15011 Jan 202317 Aug 2023218 Days
Benets, Jordan, Lyme Regis, Dorset, DT7 3AQ£500,000£450,000-£50,00011 Oct 202208 Aug 2023301 Days
9 Georges Square, Lyme Regis, Dorset, DT7 3PZ£355,000£330,000-£25,00016 Jun 202312 Jul 202326 Days
Tanga, View Road, Lyme Regis, Dorset, DT7 3AA£775,000£750,000-£25,00003 Aug 202205 Jul 2023336 Days
Whiteleaf Cottage, 3, Sherborne Lane, Lyme Regis, Dorset, DT7 3NY£365,000£355,000-£10,00006 Apr 202305 Jul 202390 Days
Melbury, Pound Road, Lyme Regis, Dorset, DT7 3HX£985,000£985,000£0002 Mar 202328 Jun 2023118 Days
10 Blue Waters Drive, Lyme Regis, Dorset, DT7 3EU£760,000£725,000-£35,00020 Jun 202327 Jun 20237 Days
Garston, Sherborne Lane, Lyme Regis, Dorset, DT7 3PD£394,950£392,500-£2,45014 Oct 202216 Jun 2023245 Days
17 Marine Parade, Lyme Regis, Dorset, DT7 3JF£425,000£400,000-£25,00018 Nov 202223 May 2023186 Days
Flat 29, Cloverdale Court, Anning Road, Lyme Regis, Dorset, DT7 3ED£155,000£155,000£0020 Oct 202223 May 2023215 Days
28 Coombe Street, Lyme Regis, Dorset, DT7 3PP£395,000£387,500-£7,50023 Jan 202305 May 2023102 Days
Blue Haze, Timber Hill, Lyme Regis, Dorset, DT7 3HQ£695,000£675,000-£20,00026 Dec 202204 Apr 202399 Days

Most Expensive Streets in Lyme Regis

PostcodeStreetAreaAverageNo. of Sales
DT7 3QYBarfleur RiseLyme Regis£901,6663
DT7 3HQOverton CloseLyme Regis£878,3336
DT7 3EXSomers RoadLyme Regis£864,37512
DT7 3EYGreenwayLyme Regis£857,1663
DT7 3EZSomer FieldsLyme Regis£835,5007
DT7 3ERUpper Westhill RoadLyme Regis£776,7504
DT7 3ESSidmouth RoadLyme Regis£750,0004
DT7 3AAView RoadLyme Regis£718,7504
DT7 3EWHighcliff RoadLyme Regis£707,5004
DT7 3LWWest Hill RoadLyme Regis£672,0004

Least Expensive Streets in Lyme Regis

PostcodeStreetAreaAverageNo. of Sales
DT7 3EDCloverdale CourtAnning Road£139,00017
DT7 3NNCharmouth HousePortland Court£142,3333
DT7 3NWChideock CourtClappentail Lane£148,1504
DT7 3LRHayes CourtHaye Lane£187,5005
DT7 3NAClappentail CourtLyme Regis£193,7874
DT7 3QFBroad StreetLyme Regis£195,0006
DT7 3BHQueens WalkLyme Regis£218,8889
DT7 3DYKings WayLyme Regis£223,6586
DT7 3DTSummerhill RoadLyme Regis£225,9705
DT7 3AYNorth AvenueLyme Regis£240,6005

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