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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 about the average August 2020 semi-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 semi-detached price in the Somerset local authority area for the corresponding sale date. The three 2 DENNETT CLOSE sales were a mix of roughly equal to the average price, and 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	£233,040	Close to HPI
2013 22 NOV	£172,950	£175,480	1% below HPI
2007 2 JUL	£165,000	£188,615	13% below HPI

2 DENNETT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 DENNETT CLOSE be worth now?

2 DENNETT CLOSE might now be worth an estimated £288,217.

This is based on house price inflation of 23.9%, between August 2020 and December 2024, 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 23.9% inflationary increase is applied to the most recent sale price for 2 DENNETT CLOSE of £232,700 on 14th August 2020. For the value to have increased from £232,700 to £288,217 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 DENNETT CLOSE has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The August 2020 sale price of £232,700 represented a fair market value for the property.
• The size, condition, and specification of 2 DENNETT CLOSE has not materially changed since August 2020.

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 semi-detached houses houses in Shepton Mallet, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shepton Mallet, and where 2 DENNETT CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 2 DENNETT CLOSE, and 88% 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.