2, DENNETT CLOSE, SHEPTON MALLET, BA4 4TP - £232,700

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

2 DENNETT CLOSE is a very small semi-detached house of 77m², built sometime between 1983 and 1990. It was last sold for £232,700 in August 2020, which was around 37% below the average August 2020 detached price in the Somerset local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

2 DENNETT CLOSE Sold Prices

Land registry data shows three sales for 2 DENNETT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 2 DENNETT 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
2020 14 AUG	£232,700	£367,260	37% below HPI
2013 22 NOV	£172,950	£278,890	38% below HPI
2007 2 JUL	£165,000	£292,862	44% below HPI

2 DENNETT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three 2 DENNETT CLOSE sales between July 2007 and August 2020 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 November 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2020 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 DENNETT CLOSE?

2 DENNETT CLOSE is 77m² according to the EPC inspection conducted in June 2013. 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 2 DENNETT CLOSE lies on this distribution: 10% of detached houses are smaller than 2 DENNETT CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Shepton Mallet.

2 DENNETT CLOSE: Plot and Title Map

2 DENNETT CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 2 DENNETT 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 2 DENNETT 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 2 DENNETT CLOSE?

2 DENNETT CLOSE is located in SHEPTON MALLET, in the BA4 postcode district. The below map shows the position of No. 2 on DENNETT CLOSE.