16, SHIP LANE, COMBWICH, BRIDGWATER, TA5 2QT - £245,000

16 SHIP LANE is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £245,000 in February 2021, which was around 37% below the average February 2021 detached price in the Somerset local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

16 SHIP LANE Sold Prices

Land registry data shows two sales for 16 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 16 SHIP LANE sales were for below 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 24 FEB	£245,000	£387,601	37% below HPI
2002 20 MAY	£134,950	£171,989	22% below HPI

16 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 16 SHIP LANE sales from May 2002 and February 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 May 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 16 SHIP LANE?

16 SHIP LANE is 69m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Combwich, based on EPC data. The below chart shows the distribution of detached houses by size in Combwich, and where 16 SHIP LANE lies on this distribution: 9% of detached houses are smaller than 16 SHIP LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Combwich.

16 SHIP LANE: Plot and Title Map

16 SHIP LANE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 16 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 16 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 16 SHIP LANE?

16 SHIP LANE is located in COMBWICH, in the TA5 postcode district. The below map shows the position of No. 16 on SHIP LANE.