LAKE HOUSE, CRICK, CALDICOT, NP26 5UW - £680,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LAKE HOUSE is a very large extended detached house of 348m², built sometime between 2003 and 2006, which could now be worth an estimated £688,664. It was last sold for £680,000 in September 2022, which was around 40% above the average September 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

LAKE HOUSE Sold Prices

Land registry data shows three sales for LAKE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three LAKE HOUSE 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
2022 12 SEP	£680,000	£485,806	40% above HPI
2010 14 MAY	£457,000	£276,581	65% above HPI
2008 4 JUN	£380,000	£275,389	38% above HPI

LAKE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The three LAKE HOUSE sales between June 2008 and September 2022 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 2010 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the September 2022 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might LAKE HOUSE be worth now?

LAKE HOUSE might now be worth an estimated £688,664.

This is based on house price inflation of 1.3%, between September 2022 and February 2025, for detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% inflationary increase is applied to the most recent sale price for LAKE HOUSE of £680,000 on 12th September 2022. For the value to have increased from £680,000 to £688,664 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of LAKE HOUSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The September 2022 sale price of £680,000 represented a fair market value for the property.
• The size, condition, and specification of LAKE HOUSE has not materially changed since September 2022.

How Large is LAKE HOUSE?

LAKE HOUSE is 348m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 10% of detached houses houses in Crick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crick, and where LAKE HOUSE lies on this distribution: 96% of detached houses houses are smaller than LAKE HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Crick.

LAKE HOUSE: Plot and Title Map

LAKE HOUSE sits on a plot of roughly 0.225 of an acre, or 909m². The below map shows the location of LAKE HOUSE, 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 LAKE HOUSE). 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 LAKE HOUSE?

LAKE HOUSE is located in CRICK, in the NP26 postcode district. The below map shows the position of LAKE HOUSE in CRICK.