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House Prices in DT7

The average house price in DT7 (Lyme Regis) is £792,500 using HM Land Registry data.

The average property price increased by £187,224 (18.22%) over the last 5 years and increased by £37,514 (2.9%) over the last 12 months.

Over the last year, there were 69 residential property sales – a decrease of 61 transactions (-88.41%) relative to the previous year. The majority of house sales (20) were in the £410,000 - £590,000 range. Then came properties in the £230,000 - £410,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-29,086 (-4%).

In Oct 24, there were 25 new estate agency instructions, 13 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in DT7 (Lyme Regis)

18.22%

Property prices in Lyme Regis increased by 18.22% 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 DT7 (Lyme Regis) Over the Last Year

2.9%

Property prices in Lyme Regis increased by 2.9% 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.

Property Market Heat Gauge for DT7 (Lyme Regis) - Oct 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 DT7 (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 DT7 (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 DT7 (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 DT7 (Lyme Regis) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DT7 postcode area since 1995.

Recent Sales in DT7 (Lyme Regis)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
5 Kersbrook Gardens, Lyme Regis, Dorset, DT7 3JL	£375,000	£375,000	£00	21 May 2024	23 Aug 2024	94 Days
39 Barnes Meadow, Uplyme, Lyme Regis, Devon, DT7 3TD	£650,000	£650,000	£00	12 Feb 2024	14 Aug 2024	184 Days
10 Highcliff Road, Lyme Regis, Dorset, DT7 3EW	£725,000	£710,000	-£15,000	11 Apr 2024	05 Aug 2024	116 Days
Flat 4, Glen Andred, Colway Lane, Lyme Regis, Dorset, DT7 3HE	£365,000	£355,000	-£10,000	26 Mar 2024	30 Jul 2024	126 Days
2 Avenue Close, Lyme Regis, Dorset, DT7 3AG	£250,000	£237,500	-£12,500	26 Jul 2023	18 Jun 2024	328 Days
41a, Sherborne Lane, Lyme Regis, Dorset, DT7 3NY	£460,000	£427,500	-£32,500	29 Sep 2023	28 May 2024	242 Days
Flat 1, Gatesfield, Sidmouth Road, Lyme Regis, Dorset, DT7 3EQ	£350,000	£322,500	-£27,500	15 Mar 2024	23 May 2024	69 Days
37 Henrys Way, Lyme Regis, Dorset, DT7 3BW	£385,000	£368,000	-£17,000	05 Apr 2023	24 Apr 2024	385 Days
5 Coram Court, Lyme Regis, Dorset, DT7 3GE	£895,000	£847,000	-£48,000	12 Sep 2023	16 Apr 2024	217 Days
Flat 13, Cloverdale Court, Anning Road, Lyme Regis, Dorset, DT7 3ED	£155,000	£148,000	-£7,000	17 May 2023	16 Apr 2024	335 Days
Briar Lodge, Woodmead Road, Lyme Regis, Dorset, DT7 3AB	£750,000	£727,500	-£22,500	27 Jul 2023	11 Apr 2024	259 Days
Shores, Upper Westhill Road, Lyme Regis, Dorset, DT7 3ER	£800,000	£670,000	-£130,000	23 Nov 2023	03 Apr 2024	132 Days
The Old Vicarage, Silver Street, Lyme Regis, Dorset, DT7 3HS	£1,200,000	£1,075,000	-£125,000	28 Oct 2023	02 Apr 2024	157 Days
Kingsbury Croft, Sidmouth Road, Lyme Regis, Dorset, DT7 3ES	£1,200,000	£1,125,000	-£75,000	10 Jul 2023	27 Mar 2024	261 Days
25 Kings Way, Lyme Regis, Dorset, DT7 3DU	£278,000	£275,000	-£3,000	02 Dec 2023	08 Mar 2024	97 Days
Flat 2, Chideock Court, Clappentail Lane, Lyme Regis, Dorset, DT7 3NW	£115,000	£108,000	-£7,000	16 Oct 2023	01 Mar 2024	137 Days
25a, Church Street, Lyme Regis, Dorset, DT7 3DF	£210,000	£195,000	-£15,000	11 Jul 2023	16 Feb 2024	220 Days
Flat 2, Gatesfield, Sidmouth Road, Lyme Regis, Dorset, DT7 3EQ	£450,000	£440,000	-£10,000	12 Jul 2017	13 Feb 2024	2407 Days
49 Henrys Way, Lyme Regis, Dorset, DT7 3BW	£385,000	£375,000	-£10,000	27 Oct 2023	02 Feb 2024	98 Days
2 St Andrews Meadow, Lyme Regis, Dorset, DT7 3NS	£1,250,000	£1,200,000	-£50,000	26 May 2023	31 Jan 2024	250 Days

Most Expensive Streets in DT7 (Lyme Regis)

Postcode	Street	Area	Average	No. of Sales
DT7 3SX	Woodhouse Lane, Uplyme	Lyme Regis	£1,033,755	3
DT7 3QY	Barfleur Rise	Lyme Regis	£901,666	3
DT7 3LW	West Hill Road	Lyme Regis	£887,600	5
DT7 3HQ	Overton Close	Lyme Regis	£878,333	6
DT7 3EX	Somers Road	Lyme Regis	£872,500	11
DT7 3EY	Greenway	Lyme Regis	£857,166	3
DT7 3EZ	Somer Fields	Lyme Regis	£856,700	5
DT7 3ES	Sidmouth Road	Lyme Regis	£818,750	4
DT7 3ER	Upper Westhill Road	Lyme Regis	£775,500	4
DT7 3XG	Lime Kiln Lane, Uplyme	Lyme Regis	£765,000	3

Least Expensive Streets in DT7 (Lyme Regis)

Postcode	Street	Area	Average	No. of Sales
DT7 3ED	Cloverdale Court, Anning Road	Lyme Regis	£141,823	17
DT7 3NN	Charmouth House, Portland Court	Lyme Regis	£142,333	3
DT7 3NW	Chideock Court, Clappentail Lane	Lyme Regis	£148,150	4
DT7 3LR	Hayes Court, Haye Lane	Lyme Regis	£187,500	5
DT7 3NA	Clappentail Court	Lyme Regis	£193,787	4
DT7 3QF	Broad Street	Lyme Regis	£220,625	8
DT7 3BH	Queens Walk	Lyme Regis	£223,000	10
DT7 3DT	Summerhill Road	Lyme Regis	£225,970	5
DT7 3DY	Kings Way	Lyme Regis	£226,390	5
DT7 3AY	North Avenue	Lyme Regis	£240,600	5