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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 44, Pike Lane, Shepton Mallet is a period Leasehold apartment with 2,055 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 44, Pike Lane, Shepton Mallet is £276,740 and the estimated rental value is £1,241 per month.
Pike Lane, Shepton Mallet, BA4 is located within the BA4 postal district.
44, Pike Lane, Shepton Mallet has a single entry in the Land Registry from January 2013 and a single entry in the EPC database dated December 2022.
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 44, Pike Lane, Shepton Mallet is in very good condition we estimate a sale value of £290,577 and a rental value of £1,303 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,368 and a rental value of £1,154 per month.
Over the last 12 months the sale value of 44 Pike Lane Shepton Mallet has decreased by an estimated £4,170 (1.5%) and its rental value has increased by an estimated £45 per month (3.6%), giving an expected gross yield of 5.4%.
44, Pike Lane, Shepton Mallet has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Dec 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 44, Pike Lane, Shepton Mallet was last sold on 16th January 2013 for £190,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2013, the market for similar properties has risen 106.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 610 metres radius of 44, Pike Lane, Shepton Mallet over the last 2 years.
The most recent example is Flat 5, Royal Oak House 46, Commercial Road, Shepton Mallet, BA4 5DN, a leasehold flat which sold for £130,000 on the 8th March 2023.
Read more about house prices in BA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pike Lane, Shepton Mallet, BA4 has a total of 4 addresses. According to our analysis of all the public data, 44, Pike Lane, Shepton Mallet is the largest and the most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in BA4.
The closest station to 44, Pike Lane, Shepton Mallet is Castle Cary station which is 10.4 kilometres away.
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 44, Pike Lane, Shepton Mallet, 50.0% of property is privately rented and 20.2% 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 44, Pike Lane, Shepton Mallet, 13.5% of residents are recorded as possessing school level qualifications and 27.1% 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 44, Pike Lane, Shepton Mallet, the average age was 40.6 and the most common age was 32.
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 44, Pike Lane, Shepton Mallet, 0.0% 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 44, Pike Lane, 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.
