5, SHIP LANE, COMBWICH, BRIDGWATER, TA5 2QT - £127,000

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.

5 SHIP LANE is a very small extended terraced house of 77m², built sometime before 1900, which could now be worth an estimated £126,715. It was last sold for £127,000 in January 2023, which was around 46% below the average January 2023 terraced price in the Somerset local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

5 SHIP LANE Sold Prices

Land registry data shows two sales for 5 SHIP LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. Both of the two 5 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
2023 10 JAN	£127,000	£234,695	46% below HPI
2020 19 NOV	£182,000	£195,925	7% below HPI

5 SHIP LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Somerset local authority area over time, sourced from the HPI. The two 5 SHIP LANE sales from November 2020 and January 2023 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 November 2020 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2023 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 5 SHIP LANE be worth now?

5 SHIP LANE might now be worth an estimated £126,715.

This is based on house price deflation of 0.2%, between January 2023 and October 2025, for terraced houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.2% deflationary decrease is applied to the most recent sale price for 5 SHIP LANE of £127,000 on 10th January 2023. For the value to have decreased from £127,000 to £126,715 over the one year and three months to October 2025, the following assumptions must hold true:

• The value of 5 SHIP LANE has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The January 2023 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SHIP LANE has not materially changed since January 2023.

How Large is 5 SHIP LANE?

5 SHIP LANE is 77m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of terraced houses houses in Combwich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Combwich, and where 5 SHIP LANE lies on this distribution: 14% of terraced houses houses are smaller than 5 SHIP LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Combwich.

5 SHIP LANE: Plot and Title Map

5 SHIP LANE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 5 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 5 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 5 SHIP LANE?

5 SHIP LANE is located in COMBWICH, in the TA5 postcode district. The below map shows the position of No. 5 on SHIP LANE.