1/10
£121,500
Flat · 2 beds · 1 bath · 561 sq ft
Lower Lane, Shepton Mallet, BA4
Leasehold
Auction
1/12
Auction
1/12
1 bed flat for sale Lower Lane, Shepton Mallet, BA4
Asking price
£85,000
Added on 23/10/2026
Added on 23/10/2026
For sale by auction
- Type
- Flat
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- £216 per sq ft
- Tenure
- Leasehold
About this property
A well-presented one-bedroom flat situated in Shepton Mallet, offering spacious and comfortable accommodation throughout. The property comprises an open-plan lounge and kitchen area, creating a bright and sociable living space. The kitchen benefits from ample storage, along with space for a washing machine, oven, and hob. The generous double bedroom provides plenty of room for a bed and additional furniture, including wardrobes and drawers. Completing the accommodation is a family bathroom fitted with a bath and overhead shower.
Floorplan
Council tax
Ask agent
Per year
- Band A£1,707
- Band B£1,992
- Band C£2,276
- Band D£2,561
- Band E£3,130
- Band F£3,699
- Band G£4,268
- Band H£5,121
The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Somerset, 2026/27 bills run from £1,707 a year in band A to £5,121 in band H.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Somerset, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.
Property timeline
- ListedOctober 2026 £85,000
1 bed · 1 bath · this listing
Past sales can't be shown: the agent hasn't given the flat number.
Price guide
This home
£216 / sq ft
Area average (sold)
£301 / sq ft
Price per area, sold homes nearby
£212 / sq ft
£216 / sq ft
£384 / sq ft
Lowest
This home
Highest
£216 per sq ft, below the middle of recent sales in BA4 (£212–£384, 10th–90th percentile, 361 sales over 24 months).
Lowest and highest are the 10th and 90th percentiles of 361 homes sold in BA4 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in BA4 →
Location
Lower Lane, Shepton Mallet, BA4
Mortgage and stamp duty
Property price £85,000
£43k £128k
Deposit11% £9,000
£0 £85k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £76,000 mortgage. Most lenders would want a household income of about £17,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Flat 17, Waterloo House, Lower Lane Flat / maisonette | Flat / maisonette | Mar 2026 | 560 sq ft £211/sq ft | 560 sq ft | £211 | £118,000 |
| Flat 8, Waterloo House, Lower Lane Flat / maisonette | Flat / maisonette | Apr 2025 | 560 sq ft £191/sq ft | 560 sq ft | £191 | £107,000 |
| Flat 14, Waterloo House, Lower Lane Flat / maisonette | Flat / maisonette | Jul 2024 | 614 sq ft £196/sq ft | 614 sq ft | £196 | £120,000 |
| Flat 1, Waterloo House, Lower Lane Flat / maisonette | Flat / maisonette | May 2024 | 409 sq ft £202/sq ft | 409 sq ft | £202 | £82,500 |
| Flat 15, Waterloo House, Lower Lane Flat / maisonette | Flat / maisonette | Oct 2023 | 678 sq ft £176/sq ft | 678 sq ft | £176 | £119,220 |
| Flat 12, Waterloo House, Lower Lane Flat / maisonette | Flat / maisonette | Sept 2022 | 560 sq ft £214/sq ft | 560 sq ft | £214 | £120,000 |
| Flat 10, Waterloo House, Lower Lane Flat / maisonette | Flat / maisonette | Mar 2022 | 657 sq ft £178/sq ft | 657 sq ft | £178 | £117,000 |
| Flat 14, Waterloo House, Lower Lane Flat / maisonette | Flat / maisonette | Aug 2020 | 614 sq ft £166/sq ft | 614 sq ft | £166 | £102,000 |
All sales on Lower Lane → All sold prices in Shepton Mallet →
Area insights
The neighbourhood around this property.
