RIVENDELL, SHOP LANE, PILTON, SHEPTON MALLET, BA4 4BA - £550,000

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.

RIVENDELL is a midsized extended detached house of 184m², built sometime between 1967 and 1975, which could now be worth an estimated £702,276. It was last sold for £550,000 in November 2017, which was around 53% above the average November 2017 detached price in the Somerset local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was D.

RIVENDELL Sold Prices

Land registry data shows four sales for RIVENDELL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four RIVENDELL 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
2017 2 NOV	£550,000	£360,593	53% above HPI
2006 3 MAR	£385,000	£261,764	47% above HPI
2003 19 DEC	£281,250	£235,825	19% above HPI
1998 10 JUL	£149,500	£106,852	40% above HPI

RIVENDELL 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 four RIVENDELL sales between July 1998 and November 2017 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 2006 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the November 2017 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might RIVENDELL be worth now?

RIVENDELL might now be worth an estimated £702,276.

This is based on house price inflation of 27.7%, between November 2017 and February 2025, 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 27.7% inflationary increase is applied to the most recent sale price for RIVENDELL of £550,000 on 2nd November 2017. For the value to have increased from £550,000 to £702,276 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of RIVENDELL has moved in line with the HPI for detached houses in the Somerset local authority area.
• The November 2017 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of RIVENDELL has not materially changed since November 2017.

How Large is RIVENDELL?

RIVENDELL is 184m², which includes three extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 50% of detached houses houses in Pilton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pilton, and where RIVENDELL lies on this distribution: 59% of detached houses houses are smaller than RIVENDELL, and 41% of houses are larger. Note that EPC data is not available for all properties in Pilton.

RIVENDELL: Plot and Title Map

RIVENDELL sits on a plot of roughly 0.305 of an acre, or 1,235m². The below map shows the location of RIVENDELL, 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 RIVENDELL). 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 RIVENDELL?

RIVENDELL is located on SHOP LANE in PILTON, in the BA4 postcode district. The below map shows the position of RIVENDELL on SHOP LANE.