7, Sherborne Lane
7, Sherborne Lane
Description & Estimates
7, Sherborne Lane, Lyme Regis appears in the public record as a freehold house sitting on a 248 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,322 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 7, Sherborne Lane, Lyme Regis is £595,515 and its rental estimate is £2,074 per month, given the available information and assuming reasonable condition.
Sherborne Lane, Lyme Regis, DT7 falls within the DT7 postal district.
Our Data Sources
7, Sherborne Lane, Lyme Regis has a single entry in the Land Registry from January 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 7, Sherborne Lane, Lyme Regis, we estimate a market value of £625,291 and a rental value of £2,178 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £553,829 and £1,929 per month respectively.
Recent Market Change
Over the last year, 7, Sherborne Lane, Lyme Regis has seen its estimated sale value grow by £10,850 (1.8%) and its estimated rental value climb by £123 per month (5.9%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 7, Sherborne Lane, Lyme Regis as measuring 248 m2.
That makes it the 6th largest plot in the postcode, where 25 of the 30 other houses have recorded plot data.
Sold Prices
The most recent sale of 7, Sherborne Lane, Lyme Regis completed on 31st January 2017 at £371,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 18.6% over the period since January 2017.
- Sold Jan 2017£371,000
Similar Properties Sold Nearby
Over the past 2 years 54 properties similar to 7, Sherborne Lane, Lyme Regis have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th April 2022, was 55, Church Street, Lyme Regis, DT7 3DA, a freehold house which sold for £450,000.
Read more about house prices in DT7.
- Sold Apr 2022£450,000 | 3 Bed House55, Church Street, Lyme Regis, DT7 3DA55, Church Street, Lyme Regis, DT7 3DA
- Sold Jan 2022£415,000 | 3 Bed House52, Church Street, Lyme Regis, DT7 3DA52, Church Street, Lyme Regis, DT7 3DA
- Sold Apr 2021£350,000 | 3 Bed House39, Sherborne Lane, Lyme Regis, DT7 3NY39, Sherborne Lane, Lyme Regis, DT7 3NY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 53 addresses on Sherborne Lane, Lyme Regis, DT7, 7, Sherborne Lane, Lyme Regis comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £105k more expensive than the average property across the DT7 district.
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Schools Nearby
- St Michael's CofE Primary School, Lyme Regis400 m away
- Mrs Ethelston's CofE Primary Academy2.0 km away
- Charmouth Primary School2.7 km away
- The Woodroffe School1.0 km away
- Axe Valley Academy7.6 km away
- Colyton Grammar School9.6 km away
More reading links
Public Transport Nearby
From 7, Sherborne Lane, Lyme Regis, the nearest station is Axminster, 7.6 kilometres away.
- Axminster|7.6 km away
- Honiton|19.3 km away
- Crewkerne|19.7 km away
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast Broadband is available in the area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
