2 Parsons Yard, Sherborne
2 Parsons Yard, Sherborne
Description & Estimates
2 Parsons Yard, Sherborne is recorded publicly as a modern freehold house across 742 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2 Parsons Yard, Sherborne is £352,735 and its rental estimate is £1,125 per month, given the available information and assuming reasonable condition.
Cheap Street, Sherborne, DT9 falls within the DT9 postal district.
Our Data Sources
2 Parsons Yard, Sherborne has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2 Parsons Yard, Sherborne, we estimate a market value of £370,371 and a rental value of £1,181 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £328,043 and £1,046 per month respectively.
Recent Market Change
Over the last year, 2 Parsons Yard, Sherborne has seen its estimated sale value drop by £3,062 (0.9%) and its estimated rental value rise by £59 per month (5.3%). This results in an estimated gross rental yield of 3.8%.
Energy Efficiency
2 Parsons Yard, Sherborne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of 2 Parsons Yard, Sherborne completed on 8th December 2023 at £400,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 7.1% over the period since December 2023.
- Sold Dec 2023£400,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Parsons Yard, Sherborne have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th June 2024, was 5 Parsons Yard, Cheap Street, Sherborne, DT9 3FF, a freehold house which sold for £350,000.
Read more about house prices in DT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 98 addresses on Cheap Street, Sherborne, DT9, 2 Parsons Yard, Sherborne comes out as the 66th largest and the 12th most expensive in our analysis of the public data.
It is also £19k less expensive than the average property across the DT9 district.
More reading links
Schools Nearby
- 700mSherborne Primary School
- 1.5kmSherborne Abbey Church of England Primary School
- 4.4kmMilborne Port Primary School
- 1.1kmThe Gryphon School
- 7.6kmBuckler's Mead School
- 9.4kmWestfield Academy
More reading links
Public Transport Nearby
From 2 Parsons Yard, Sherborne, the nearest station is Sherborne, 600 metres away.
- 600mSherborne
- 6.1kmThornford
- 6.9kmYeovil Pen Mill
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
