1, SOMERVILLE CLOSE, SHEPTON MALLET, BA4 4AT - £173,950

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.

1 SOMERVILLE CLOSE is a semi-detached house, which could now be worth an estimated £317,607. It was last sold for £173,950 in July 2004, which was around 10% above the average July 2004 semi-detached price in the Somerset local authority area.

1 SOMERVILLE CLOSE Sold Prices

Land registry data shows two sales for 1 SOMERVILLE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. Both of the two 1 SOMERVILLE CLOSE 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
2004 1 JUL	£173,950	£157,936	10% above HPI
1999 15 OCT	£94,950	£70,766	34% above HPI

What might 1 SOMERVILLE CLOSE be worth now?

1 SOMERVILLE CLOSE might now be worth an estimated £317,607.

This is based on house price inflation of 82.6%, between July 2004 and May 2026, for semi-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 82.6% inflationary increase is applied to the most recent sale price for 1 SOMERVILLE CLOSE of £173,950 on 1st July 2004. For the value to have increased from £173,950 to £317,607 over the 22 years and two months to May 2026, the following assumptions must hold true:

• The value of 1 SOMERVILLE CLOSE has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The July 2004 sale price of £173,950 represented a fair market value for the property.
• The size, condition, and specification of 1 SOMERVILLE CLOSE has not materially changed since July 2004.

Where is 1 SOMERVILLE CLOSE?

1 SOMERVILLE CLOSE is located in SHEPTON MALLET, in the BA4 postcode district.