New Street - BA5 2LA
Key Postcode Insights
BA5 2LA is a residential postcode situated on New Street, Wells, BA5 with 3 addresses.
It ranks as the 338th largest and 1172nd most expensive of the 1,505 postcodes in the BA5 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 1 house and 2 flats.
- Ave. Sale Price
- £690,851
- 10 Year change
- up 24.3%
- Ave. Rental Price
- £1,974pcm
- 10 Year change
- up 50.9%
- Ave. £ per ft²
- £435/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Key Postcode Insights
BA5 2LA is a residential postcode situated on New Street, Wells, BA5 with 3 addresses.
It ranks as the 338th largest and 1172nd most expensive of the 1,505 postcodes in the BA5 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 1 house and 2 flats.
- Ave. Sale Price
- £690,851
- 10 Year change
- up 24.3%
- Ave. Rental Price
- £1,974pcm
- 10 Year change
- up 50.9%
- Ave. £ per ft²
- £435/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Explore Propertiesin BA5 2LA
Sales Market Trends
The last sale in BA5 2LA sold for £780,000 on 12th March 2014. Since then prices are up an average of 40.8%.
The current average value in the postcode is £690,851.
The BA5 2LA Sales Market has increased by 24.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £690,851 |
| June 2025 | 0.9% | £709,701 |
| June 2024 | -2.9% | £703,405 |
| June 2023 | 3.8% | £724,767 |
| June 2022 | 13.5% | £698,556 |
| June 2021 | 2.5% | £615,325 |
| June 2020 | 3.7% | £600,183 |
| June 2019 | -1.1% | £578,738 |
| June 2018 | 2.7% | £584,922 |
| June 2017 | 2.5% | £569,635 |
| June 2016 | 7.4% | £555,754 |
| June 2015 | 3.4% | £517,247 |
| June 2014 | 7.4% | £500,295 |
| June 2013 | 2.7% | £465,882 |
| June 2012 | -1% | £453,601 |
| June 2011 | -1% | £458,267 |
| June 2010 | 1% | £462,989 |
| June 2009 | -6.4% | £458,338 |
| June 2008 | 1.7% | £489,664 |
| June 2007 | 0% | £481,670 |
Rental Market Trends
The current average rental value in the postcode is £1,974.
The BA5 2LA Rental Market has increased by 50.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,974pcm |
| June 2025 | 4.6% | £1,939pcm |
| June 2024 | 5.8% | £1,855pcm |
| June 2023 | 5.4% | £1,754pcm |
| June 2022 | 9.1% | £1,663pcm |
| June 2021 | 8.8% | £1,525pcm |
| June 2020 | 1.2% | £1,401pcm |
| June 2019 | 0.9% | £1,385pcm |
| June 2018 | 1.9% | £1,372pcm |
| June 2017 | 2.9% | £1,347pcm |
| June 2016 | 3.8% | £1,308pcm |
| June 2015 | 1.4% | £1,260pcm |
| June 2014 | 2.9% | £1,243pcm |
| June 2013 | -0.8% | £1,208pcm |
| June 2012 | 1.1% | £1,218pcm |
| June 2011 | 2% | £1,205pcm |
| June 2010 | 4.5% | £1,181pcm |
| June 2009 | -6.2% | £1,130pcm |
| June 2008 | 4.1% | £1,204pcm |
| June 2007 | 0% | £1,157pcm |
Sales History
The last sale was on 12th March 2014 for £780,000 and since then the market in the area has increased by 40.8%. The postcode has had a total of 2 sales since 1995.
BA5 2LA has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
BA5 2LA is the 338th largest and the 1172nd most expensive postcode out of the 1,505 postcodes in the BA5 area.
- BA5 2LF, New Street, Wells, BA5BA5 2LF7 Addresses|31 m away
- BA5 2UE, Cathedral Green, Wells, BA5BA5 2UE9 Addresses|56 m away
- BA5 2SF, The Gardens, Wells, BA5BA5 2SF7 Addresses|89 m away
- BA5 2PE, Chamberlain Street, Wells, BA5BA5 2PE18 Addresses|107 m away
- BA5 2QL, Lovers Walk, Wells, BA5BA5 2QL11 Addresses|110 m away
Property Types
- 1 period house built between 1800 and 1911
- 2 other addresses of unknown type
- period house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Dec 2020£1,475,000 | 5 Bed HouseBeaumont House, New Street, Wells, BA5 2LDBeaumont House, New Street, Wells, BA5 2LD
- Sold Jun 2024£900,000 | 5 Bed House11, New Street, Wells, BA5 2LD11, New Street, Wells, BA5 2LD
- Sold Aug 2016£875,000 | 5 Bed House6, New Street, Wells, BA5 2LQ6, New Street, Wells, BA5 2LQ
Schools Nearby
- St Joseph and St Teresa Catholic Primary School200 m away
- Stoberry Park School600 m away
- St Cuthbert's Church of England Junior School1.1 km away
- The Blue School500 m away
- Whitstone7.7 km away
- St Dunstan's School8.1 km away
More reading links
Public Transport Nearby
The closest station to BA5 2LA is Castle Cary station, which is 15.1 kilometres away.
- Castle Cary|15.1 km away
- Bruton|17.8 km away
- Highbridge & Burnham|22.7 km away
- Frome|23.5 km away
