THE LAKE HOUSE, UNDERDOWN, GLOUCESTER ROAD, LEDBURY, HR8 2JE - £715,000

THE LAKE HOUSE is a small detached house of 84m², built sometime between 1991 and 1995. It was last sold for £715,000 in August 2011, which was around 168% above the average August 2011 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

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 Herefordshire 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
2011 1 AUG	£715,000	£266,674	168% above HPI
2007 21 DEC	£735,000	£286,735	156% above HPI

THE LAKE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two THE LAKE HOUSE sales from December 2007 and August 2011 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 December 2007 sale was for 156% above the HPI. So the extrapolation line tracks at 156% above the HPI over time, until the August 2011 sale, where it rises to 168% above the HPI. The line then continues to track at 168% above the HPI.

How Large is THE LAKE HOUSE?

THE LAKE HOUSE is 84m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where THE LAKE HOUSE lies on this distribution: 22% of detached houses are smaller than THE LAKE HOUSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

THE LAKE HOUSE: Plot and Title Map

THE LAKE HOUSE sits on a plot of roughly 2.1 acres, or 8,342m². 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, UNDERDOWN is located on GLOUCESTER ROAD in LEDBURY, in the HR8 postcode district. The below map shows the position of THE LAKE HOUSE, UNDERDOWN on GLOUCESTER ROAD.