THE LAKE HOUSE, CHURCH LANE, BRIDGNORTH, WV16 4NJ - £755,000

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

THE LAKE HOUSE is a very large extended detached house of 342m², built sometime between 1991 and 1995. It was last sold for £755,000 in February 2024, which was around 97% above the average February 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

THE LAKE HOUSE Sold Prices

Land registry data shows two sales for THE LAKE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two THE 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
2024 28 FEB	£755,000	£382,348	97% above HPI
1998 10 AUG	£260,000	£99,152	162% above HPI

THE LAKE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two THE LAKE HOUSE sales from August 1998 and February 2024 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 August 1998 sale was for 162% above the HPI. So the extrapolation line tracks at 162% above the HPI over time, until the February 2024 sale, where it falls to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is THE LAKE HOUSE?

THE LAKE HOUSE is 342m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses in Bridgnorth, based on EPC data. The below chart shows the distribution of detached houses by size in Bridgnorth, and where THE LAKE HOUSE lies on this distribution: 99% of detached houses are smaller than THE LAKE HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Bridgnorth.

THE LAKE HOUSE: Plot and Title Map

THE LAKE HOUSE sits on a plot of roughly 1.7 acres, or 6,831m². The below map shows the location of THE 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 THE 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 THE LAKE HOUSE?

THE LAKE HOUSE is located on CHURCH LANE in BRIDGNORTH, in the WV16 postcode district. The below map shows the position of THE LAKE HOUSE on CHURCH LANE.