Homes in Shepton Mallet sell for a median £247,750
That is the middle of 422 standard sales recorded by HM Land Registry from September 2023 to August 2026, against £277,000 in the typical UK town. The typical home sells for 5.2 times as much as in 1995. Below: what each type of home sells for, the spread of prices, every year since 1995, new builds, the busiest streets and the neighbours. Rents and council tax are on Cost of living.
A third of Shepton Mallet’s sales are terraced houses
422 homes sold in three years: 68 detached houses, 138 semi-detached houses, 141 terraced houses and 75 flats and maisonettes. A detached house sells for 2.9 times what a flat does.
Detached houses£423K
median sale · 68 sold in 3 years
Middle half
£340K–£480K
Last 12 months
£420K27 sold
Semi-detached houses£279K
median sale · 138 sold in 3 years
Middle half
£230K–£305K
Last 12 months
£278K45 sold
Terraced houses£230K
median sale · 141 sold in 3 years
Middle half
£200K–£272K
Last 12 months
£230K45 sold
Flats and maisonettes£145K
median sale · 75 sold in 3 years
Middle half
£119K–£160K
Last 12 months
£145K23 sold
The mix
A mixed market: no one type makes up more than 33% of sales
Detached houses16%
Semi-detached houses33%
Terraced houses33%
Flats and maisonettes18%
Standard sales, Sep 2023 to Aug 2026. A median needs 5 sales of a type; “middle half” is the 25th to 75th percentile of 10 or more.
Price range
Half of Shepton Mallet’s homes sold for between £195K and £310K
One sale in ten was under £138K and one in ten over £420K. 50% sold for under £250K.
Sales by price · Sep 2023 to Aug 2026
The median, £247,750, sits in the £200–250K band
422 standard sales. Each bar is the number sold in that price band; the darker bar holds the median.
Since 1995
The typical home costs 5.2 times as much as in 1995, in step with England
Land Registry has recorded every sale since 1995. The median went from £50,000 in 1995 to £258,475 in the last 12 months (£212,000 in 2019).
31 years of sales
Fewer homes sell than in most years
140 sales in the last 12 months, against 336 in 2006, the busiest year, and 119 in 2023. Sales fell by 56% from 2007 to 2009 in the financial crisis, and the median by 7%. 2021, the stamp duty holiday, saw 37% more sales than 2020.
Homes soldMedian sale price
Against England
Shepton Mallet costs less than England as a whole
Median sale price each calendar year: Shepton Mallet, every standard sale in England, and the typical UK town (the middle of the town medians, towns of 2,500 or more).
By type
Terraced houses rose the most since 1995
1995
2000
2005
2010
2015
2020
Last 12 months
Detached houses
£76K
£112K
£223K
£234K
£230K
£337K
£420K
Semi-detached houses
£53K
£80K
£155K
£165K
£177K
£225K
£278K
Terraced houses
£40K
£70K
£135K
£141K
£161K
£183K
£230K
Flats and maisonettes
£29K
£33K
£88K
£103K
£125K
£121K
£145K
Calendar years; a year’s median needs 5 sales of the type, so gaps are years with fewer.
Prices are as paid, not adjusted for inflation. Standard (category A) sales only; Land Registry adds a sale when it is registered, so the newest months fill in later.
New builds
Hardly any new homes: 0% of sales in the last 12 months
806 new homes have been sold in Shepton Mallet since 1995; the share peaked at 29% in 2006.
New-build share of sales
Calendar years with 10 or more sales, then the last 12 months.
New builds and tenure · 3 years
17% of sales were leasehold
Nearly every flat in England and Wales is leasehold; among houses, 0.6% sold leasehold in Shepton Mallet. A leasehold buyer owns the home for a fixed term and may pay ground rent and service charges; check the lease before you buy.
Streets
Charlton Road is Shepton Mallet’s busiest street, with 16 sales in three years
33 streets had five or more sales from Sep 2023 to Aug 2026, 3 of them ten or more. A busy street is often a new estate selling its first homes, or a long road of terraces and flats.
#
Street
Postcode area
Sales
Median
Homes
1
Charlton Road
BA4
16
£171,250
Mostly flats
2
Beech Avenue
BA4
10
£281,000
Mixed
3
Finch Close
BA4
10
£269,000
Mixed
4
Victoria Grove
BA4
9
£240,000
Mixed
5
Garston Street
BA4
9
£205,000
Mostly terraced houses
6
Hyatt Place
BA4
8
£313,500
Mixed
7
Little Brooks Lane
BA4
8
£264,250
Mixed
8
Town Lane
BA4
8
£178,000
Mostly flats
9
Summerleaze Park
BA4
8
£138,750
Mostly flats
10
High Street
BA4
8
£112,000
Mostly flats
11
Compton Road
BA4
7
£390,000
Mixed
12
Barrington Place
BA4
7
£300,000
Mixed
13
Shaftgate Avenue
BA4
7
£292,000
Mostly semi-detached houses
14
Hobbs Road
BA4
7
£282,000
Mixed
15
Starling Way
BA4
7
£250,000
Mostly terraced houses
Dearest streets
Compton Road: £390,000
Shepton Mallet median£248K
Compton Road£390K
Coombe Lane£336K
The Sidings£325K
Old Wells Road£318K
Hyatt Place£314K
Cheapest streets
High Street: £112,000
Shepton Mallet median£248K
High Street£112K
Lower Lane£119K
Cowl Street£138K
Summerleaze Park£139K
Board Cross£143K
Among streets with five or more sales; the dearest street’s median is 3.5 times the cheapest’s. Street medians mix types: a street of detached houses beats one of flats.
Standard sales with a street name, grouped by street and postcode district (Sep 2023 to Aug 2026); a name used in two districts shows the district. Medians only: we don’t list individual sales.
Across Somerset
Shepton Mallet is the 44th most expensive of 49 towns in Somerset
Shepton Mallet is one of Somerset’s cheapest towns to buy in; the typical UK town’s median is £277,000.
Median: standard sales over three years (10+ needed). Since 2016: the median over three years against 2016’s. Miles: centre to centre.
Questions about property prices in Shepton Mallet
What is the average house price in Shepton Mallet?
The median home in Shepton Mallet sold for £247,750 from September 2023 to August 2026, across 422 standard sales (£258,475 in the last 12 months). By type: detached houses £422,500, semi-detached houses £279,225, terraced houses £230,000 and flats and maisonettes £145,000.
Are house prices going up in Shepton Mallet?
The median was £263,750 in 2025, up 11% on 2024 (£237,500), and £258,475 in the last 12 months. A town’s median moves with the mix of homes sold each year as well as with prices.
How many homes sell in Shepton Mallet each year?
140 standard sales were recorded in the last 12 months, against an average of 164 a year since 2015. Repossessions, company purchases and other non-standard sales aren’t counted.
What are the most expensive streets in Shepton Mallet?
Among streets with five or more sales in three years: Compton Road (BA4, £390,000), Coombe Lane (BA4, £336,000) and The Sidings (BA4, £325,000).
Is Shepton Mallet expensive for Somerset?
Shepton Mallet is the 44th most expensive of 49 towns of 2,500 or more in Somerset by median sale price.
Sources: HM Land Registry Price Paid, every standard sale since January 1995 (yearly files of 28 September 2026), inside the ONS 2022 built-up-area boundary by postcode (ONS Postcode Directory) · TownRatings grades: our own summary of the data, ranked against UK towns only. All under the Open Government Licence v3.0.