5, DENNETT CLOSE, SHEPTON MALLET, BA4 4TP - £172,500

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.

5 DENNETT CLOSE is a very small extended semi-detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £256,536. It was last sold for £172,500 in September 2015, which was around 11% below the average September 2015 semi-detached price in the Somerset local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

5 DENNETT CLOSE Sold Prices

Land registry data shows four sales for 5 DENNETT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. All of the four 5 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
2015 25 SEP	£172,500	£194,649	11% below HPI
2004 26 MAR	£132,000	£146,712	10% below HPI
2000 6 DEC	£80,000	£82,516	3% below HPI
1998 26 FEB	£55,000	£59,671	8% below HPI

5 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 four 5 DENNETT CLOSE sales between February 1998 and September 2015 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 March 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 DENNETT CLOSE be worth now?

5 DENNETT CLOSE might now be worth an estimated £256,536.

This is based on house price inflation of 48.7%, between September 2015 and February 2025, 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 48.7% inflationary increase is applied to the most recent sale price for 5 DENNETT CLOSE of £172,500 on 25th September 2015. For the value to have increased from £172,500 to £256,536 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 DENNETT CLOSE has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The September 2015 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 5 DENNETT CLOSE has not materially changed since September 2015.

How Large is 5 DENNETT CLOSE?

5 DENNETT CLOSE is 76m², which includes two extensions, according to the EPC inspection conducted in April 2015. 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 5 DENNETT CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 5 DENNETT CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Shepton Mallet.

5 DENNETT CLOSE: Plot and Title Map

5 DENNETT CLOSE sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 5 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 5 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 5 DENNETT CLOSE?

5 DENNETT CLOSE is located in SHEPTON MALLET, in the BA4 postcode district. The below map shows the position of No. 5 on DENNETT CLOSE.