15, SHIP LANE, COMBWICH, BRIDGWATER, TA5 2QT - £505,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 SHIP LANE is a large detached house of 138m², built sometime between 1983 and 1990. It was last sold for £505,000 in November 2021, which was around 24% above the average November 2021 detached price in the Somerset local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was C.

15 SHIP LANE Sold Prices

Land registry data shows two sales for 15 SHIP LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 15 SHIP LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 22 NOV	£505,000	£408,219	24% above HPI
2003 12 FEB	£210,000	£207,759	1% above HPI

15 SHIP LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 15 SHIP LANE sales from February 2003 and November 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2021 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 15 SHIP LANE?

15 SHIP LANE is 138m² according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of detached houses in Combwich, based on EPC data. The below chart shows the distribution of detached houses by size in Combwich, and where 15 SHIP LANE lies on this distribution: 75% of detached houses are smaller than 15 SHIP LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Combwich.

15 SHIP LANE: Plot and Title Map

15 SHIP LANE sits on a plot of roughly 0.290 of an acre, or 1,174m². The below map shows the location of 15 SHIP LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15 SHIP LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 15 SHIP LANE?

15 SHIP LANE is located in COMBWICH, in the TA5 postcode district. The below map shows the position of No. 15 on SHIP LANE.