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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4 Watts Place, Shepton Mallet is £148,285 and the estimated rental value is £785 per month.
The apartment is within Watts Place, Lower Lane, Shepton Mallet, BA4.
Lower Lane, Shepton Mallet, BA4 is located within the BA4 postal district.
4 Watts Place, Shepton Mallet has 41 entries in the Land Registry , most recently in June 2025 and a single entry in the EPC database dated August 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 4 Watts Place, Shepton Mallet is in very good condition we estimate a sale value of £155,700 and a rental value of £824 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,905 and a rental value of £730 per month.
Over the last 12 months the sale value of 4 Watts Place Shepton Mallet has decreased by an estimated £3,260 (2.2%) and its rental value has increased by an estimated £22 per month (2.7%), giving an expected gross yield of 6.4%.
4 Watts Place, Shepton Mallet has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 20 Aug 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 4 Watts Place, Shepton Mallet was last sold on 18th June 2025 for £152,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since June 2025, the market for similar properties has risen 50.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Watts Place, Shepton Mallet within a radius of 750 metres over the last 2 years.
The most recent example is Flat 7, Whitstone House, Town Lane, Shepton Mallet, BA4 5LX, a leasehold flat which sold for £146,000 on the 8th March 2019.
Read more about house prices in BA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Lane, Shepton Mallet, BA4 has a total of 27 addresses. According to our analysis of all the public data, 4 Watts Place, Shepton Mallet is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £213k less expensive than the average property in BA4.
The closest station to 4 Watts Place, Shepton Mallet is Castle Cary station which is 10.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 4 Watts Place, Shepton Mallet, 50.0% of property is privately rented and 25.3% is privately owned outright.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 4 Watts Place, Shepton Mallet, 10.4% of residents are recorded as possessing school level qualifications and 33.1% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4 Watts Place, Shepton Mallet, the average age was 46.2 and the most common age was 52.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 4 Watts Place, Shepton Mallet, 1.2% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 4 Watts Place, Shepton Mallet, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.