7, SOMERVILLE CLOSE, SHEPTON MALLET, BA4 4AT - £280,000

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.

7 SOMERVILLE CLOSE is a very small detached house of 77m², built sometime between 2003 and 2006, which could now be worth an estimated £339,305. It was last sold for £280,000 in December 2019, which was around 25% below the average December 2019 detached price in the Somerset local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

7 SOMERVILLE CLOSE Sold Prices

Land registry data shows four sales for 7 SOMERVILLE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four 7 SOMERVILLE CLOSE 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
2019 13 DEC	£280,000	£372,831	25% below HPI
2007 31 JUL	£203,000	£302,085	33% below HPI
2003 15 JUL	£184,000	£227,305	19% below HPI
1999 30 JUL	£87,950	£115,996	24% below HPI

What might 7 SOMERVILLE CLOSE be worth now?

7 SOMERVILLE CLOSE might now be worth an estimated £339,305.

This is based on house price inflation of 21.2%, between December 2019 and April 2026, for detached 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 21.2% inflationary increase is applied to the most recent sale price for 7 SOMERVILLE CLOSE of £280,000 on 13th December 2019. For the value to have increased from £280,000 to £339,305 over the seven years and eight months to April 2026, the following assumptions must hold true:

• The value of 7 SOMERVILLE CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SOMERVILLE CLOSE has not materially changed since December 2019.

How Large is 7 SOMERVILLE CLOSE?

7 SOMERVILLE CLOSE is 77m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in Shepton Mallet, based on EPC data. The below chart shows the distribution of detached houses by size in Shepton Mallet, and where 7 SOMERVILLE CLOSE lies on this distribution: 11% of detached houses are smaller than 7 SOMERVILLE CLOSE, and 89% of detached houses are larger. Note that EPC data is not available for all properties in Shepton Mallet.

7 SOMERVILLE CLOSE: Plot and Title Map

7 SOMERVILLE CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 7 SOMERVILLE CLOSE, 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 7 SOMERVILLE CLOSE). 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 7 SOMERVILLE CLOSE?

7 SOMERVILLE CLOSE is located in SHEPTON MALLET, in the BA4 postcode district. The below map shows the position of No. 7 on SOMERVILLE CLOSE.