2, BISHOP CRESCENT, SHEPTON MALLET, BA4 5XX - £135,000

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.

2 BISHOP CRESCENT is a detached house, which could now be worth an estimated £371,024. It was last sold for £135,000 in February 2002, which was around 19% below the average February 2002 detached price in the Somerset local authority area.

2 BISHOP CRESCENT Sold Prices

Land registry data shows two sales for 2 BISHOP CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 2 BISHOP CRESCENT 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
2002 8 FEB	£135,000	£167,277	19% below HPI
2001 23 NOV	£132,000	£165,958	20% below HPI

What might 2 BISHOP CRESCENT be worth now?

2 BISHOP CRESCENT might now be worth an estimated £371,024.

This is based on house price inflation of 174.8%, between February 2002 and July 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 174.8% inflationary increase is applied to the most recent sale price for 2 BISHOP CRESCENT of £135,000 on 8th February 2002. For the value to have increased from £135,000 to £371,024 over the 23 years and seven months to July 2026, the following assumptions must hold true:

• The value of 2 BISHOP CRESCENT has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2002 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BISHOP CRESCENT has not materially changed since February 2002.

Where is 2 BISHOP CRESCENT?

2 BISHOP CRESCENT is located in SHEPTON MALLET, in the BA4 postcode district.