Areas / Towns & cities / Shepton Mallet · town guide

House prices in Shepton Mallet

The average house price in Shepton Mallet over the last three years is £367,929, with a median sold price of £280,500 — broadly in line with the ~£290,000 England & Wales norm.

Ranks #558 of 1050 towns & cities by median price — more expensive than 47% of them.
Median price
£281k
last 3 yrs
1-year change
-1.8%
5-year change
+9.3%
Sales / yr
231

HM Land Registry sold-price data · updated August 2026

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Sold prices in Shepton Mallet

Based on 746 sales recorded in the last three years (HM Land Registry).

Median sold price
£0
Average sold price
£0
Year-on-year
0%

The average house price in Shepton Mallet over the last three years is £367,929, with a median sold price of £280,500 — broadly in line with the ~£290,000 England & Wales norm. The mean sits notably higher than the median here, which usually means a tail of larger or higher-value sales pulling the average up. That's drawn from 746 recorded sales — a reasonably active local market.

Shepton Mallet price trend

Quarterly median sold price (smoothed), against England & Wales. Hover for the value at any quarter.

Shepton MalletEngland & Wales
£200k£250k£300k201620182020202220242026£279k
1 year
-1.8%
5 years
+9.3%
10 years
+50.7%

Over five years, prices in Shepton Mallet have risen (+9.3%). Across a full decade they are +50.7%. The last twelve months alone: -1.8%. Prices in Shepton Mallet still sit about 4.4% below their 2023 peak on our smoothed index — worth knowing when a seller's asking price was set with the top of the market in mind.

How Shepton Mallet growth compares

Sold prices rebased to 100 at 2015 — so you can compare the pace of change in Shepton Mallet directly against England & Wales, regardless of price level.

Shepton MalletEngland & Wales
100120140160201620182020202220242026+51%

Indexed to 100 in 2015. A line at +20% means prices are 20% above their 2015 level.

What it costs to buy in Shepton Mallet

From entry-level to premium — where sold prices actually land, not just the headline median.

£281k
Entry-level
£135k
10th %ile
Middle of the market
£205k–£419k
25–75th %ile
Premium
£643k
90th %ile

Homes in Shepton Mallet span an unusually wide range: the cheapest tenth of sales went for under £135,000, while the top tenth fetched over £642,500. Half of all sales fell between £205,000 and £419,250 — the practical "middle of the market" a typical buyer competes in.

Plan a budget for Shepton Mallet

Slide across what homes in Shepton Mallet actually sell for and see the deposit, stamp duty, monthly repayments and income a purchase would take.

Target price in Shepton Mallet
£281,000
around the local median · 29% up the local range
£135,000 · entry-level£645,000 · premium
deposit
Deposit (10%)
£28,100
Stamp duty (SDLT)
£4,050
Monthly repayment
£1,478/mo
5% · 25-yr repayment
Income needed
~£56,000
at 4.5× lending

Upfront cash ≈ £32,150 (deposit + stamp duty), before legal and survey fees. Illustration only, not financial advice — English SDLT main-residence rates for 2026/27; second homes pay a surcharge, and your mortgage rate and multiple will vary.

How Shepton Mallet compares

Average sold price here against its wider area and England (HM Land Registry UK House Price Index).

Shepton Mallet (this area)£368k
England£291khere: +26%
Shepton Mallet 1-yr -1.8%England 1-yr +3.9%

At £367,929, homes in Shepton Mallet sell for 26% above the England average. Prices here have moved slower than England as a whole over the past year (-1.8% vs +3.9%).

Prices by property type

Median sold price and share of the market, by type, across Shepton Mallet.

TypeMedian£/m²Sales
Semi-detached£282,000209 (28%)
Detached£470,000192 (26%)
Terraced£237,500191 (26%)
Flat / maisonette£130,00096 (13%)
Other£461,50058 (8%)

The most-traded type in Shepton Mallet is semi-detached (209 sales, median £282,000), which tends to set the tone of the area. Flats (£130,000) and houses (~£328,616) trade well apart, so the headline figure moves a lot with the mix of what's for sale.

The Shepton Mallet market: activity & mix

How busy the market is, and what kind of homes actually change hands.

Sales per year
'16
337'17
'18
'19
'20
'21
'22
'23
'24
231'25
'26*

* 2026 is a part year — Land Registry sales are recorded a few weeks after completion.

Tenure & new-build mix
Leasehold 13.8%Freehold 86.2%

Around 231 homes changed hands in Shepton Mallet in 2025 — in line with the area's average of roughly 271 sales a year over the past decade. The busiest recent year was 2017 (337 sales). Steady turnover means a reasonable flow of fresh listings through the year. 14% of recent sales in Shepton Mallet were leasehold — mostly freehold, with some leasehold flats.

Where Shepton Mallet is

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Shepton Mallet boundary

Boundary © Office for National Statistics (Open Geography Portal), Open Government Licence v3.0.

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What's in a Housometer report

Every section, for any specific home in Shepton Mallet.

Value & sold prices

An evidence-based estimate with a confidence range, every sale since 1995, and the nearest comparables.

Energy & EPC

EPC rating, floor area, heating type and what the home costs to run.

Council tax

The exact band for this property and what it costs you each year.

Flood risk

River, sea and surface-water flood risk, with the nearest watercourse.

Ground & mining

Subsidence and ground stability, radon potential and coal-mining legacy.

Crime & safety

Recent crime in the immediate area, by type and trend, plus road safety.

Noise & air quality

Road, rail and aircraft noise plus NO₂ and particulate air pollution.

Schools

Nearest primaries and secondaries with Ofsted ratings and performance.

Transport & commute

Nearest stations, walk times and travel time to your workplace.

Amenities & green space

Walking distance to shops, GP, gyms, parks and everyday essentials.

Broadband & mobile

Full-fibre and gigabit availability, top speeds and mobile coverage.

Planning & tenure

Applications at the property and next door, designations, tenure and ownership.

Property history

Historic OS maps, the likely build era and a dated timeline of the home’s past.

Demographics & income

Local earnings, deprivation, household make-up and who lives nearby.

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Shepton Mallet house prices — FAQs

What is the average house price in Shepton Mallet?

Over the last three years the median sold price in Shepton Mallet was £280,500, with a mean of £367,929, based on 746 HM Land Registry sales.

Is Shepton Mallet expensive?

At a £280,500 median, Shepton Mallet is about the same as the ~£290,000 England & Wales average.

Are house prices in Shepton Mallet going up or down?

On our smoothed index, Shepton Mallet prices have moved -1.8% over the past year. Local trends are noisy, so this is a guide to direction rather than a precise figure.

What's the cheapest type of home to buy in Shepton Mallet?

Of the common types, flat / maisonette have the lowest median at £130,000 (96 sales).

How much do I need to buy in Shepton Mallet?

Entry-level homes (the cheapest 10% of sales) went for under £135,000, and most buyers competed in the £205,000–£419,250 band. The top 10% of sales exceeded £642,500.

How much have Shepton Mallet house prices changed over 5 years?

Prices in Shepton Mallet are +9.3% over the last five years, and +50.7% over ten, on our smoothed index of Land Registry sales.

How much stamp duty will I pay on a home in Shepton Mallet?

On the £280,500 median-priced Shepton Mallet home, a home-mover pays about £4,025 in Stamp Duty Land Tax at 2026/27 rates, and a first-time buyer about £0 with first-time-buyer relief. Second homes pay a surcharge on top.

How much deposit and income do I need to buy in Shepton Mallet?

A 10% deposit on the median £280,500 Shepton Mallet home is £28,050 (5% would be £14,025). Borrowing the remaining £252,450 implies a household income of roughly £56,000 at a typical 4.5× lending multiple.

How many homes sell in Shepton Mallet each year?

Roughly 231 sales a year have been recorded in Shepton Mallet recently (HM Land Registry). That’s a reasonably active market with a steady flow of listings.

How do I check a specific Shepton Mallet property before buying?

Area figures set the scene, but every home differs. A Housometer report scores an individual Shepton Mallet address across value, energy, flood & ground risk, crime, schools, transport, noise, air and more — search any address to see it.

Nearby & related areas

LondonManchesterBristolBirminghamNottinghamLiverpoolLeedsSheffield
Somerset county guideSomerset local authority guideCheapest towns in SomersetMost expensive streets in Shepton Mallet
Sources

Sold-price figures derived from HM Land Registry Price Paid Data (© Crown copyright), under the Open Government Licence v3.0; £/m² combines PPD with MHCLG EPC floor areas. Full Housometer reports also draw on HM Land Registry, Ordnance Survey, Environment Agency, VOA, Ofsted, Police.uk, DEFRA, ONS and more. Area figures summarise the market and are not a valuation of any individual home.