Baca Architects founders Richard Coutts and Robert Barker designed Formosa for an island in the middle of the River Thames in Marlow, Buckinghamshire.
Faced with building on a site prone to unpredictable flooding, the architects set about creating a design that could mitigate the risk of interior flooding.
The result is a building that sits on fixed but separate foundations, like a shipping dock, so that when the Thames bursts its banks the structure can float above water level.
This defence mechanism can cope with up to 2.5 metres of floodwater – well above projected flood levels for the area. Four guide posts set into channels in the flanks of the building control and support the movement.
"With flooding becoming a regular occurrence in the UK and elsewhere isn't it time we started to learn to live with it?" said Baca Architects in a statement.
"Scientists appear to agree that the sort of weather we have seen over the last few weeks is likely to become much more prevalent," added the team.
"If this is the case then maybe we need to be a bit more proactive in building in measures to cope with flooding if it does occur rather than hoping that the flood defences will protect people."
The house is covered in zinc shingles and has a glazed gable that faces a small garden, which slopes up from the edge of the river and is designed to provide an early warning of flooding.
The site does not regularly experience severe floods, so every few years the dock will be pumped full of water to test the movement.
The structure is plumbed with flexible pipes that can stretch by up to three metres as the house rises in its dock, allowing the residents to continue as much as possible with everyday life.
They are also the authors of a new floating architecture section in the Metric Handbook and Aquatecture, a book on how to design for flood-prone areas.
While flooding cannot be prevented, its effects such be managed more effectively, said the architects. They claim that more sustainable drainage systems such as green roofs and permeable paving could offer simple but effective resilience.
But they said new flood resilience standards need to be supported through building regulations to gain widespread acceptance.
"Local authorities need to impose stricter controls on inappropriate development in flood risk areas and only accept developments that are designed to be flood resilient," said the team.
"The idea of making space for water and managing floods has not really been embraced and there is still a heavy reliance on flood defences."
"Ideally the whole riverside community should be designed to take flooding into account, rather than just the odd house, so the consequences can be mitigated for all," they added. "Amphibious design is one of a host of new solutions that will enable residents to live safely by water and adapt to the challenges of climate change."