New Street - BA5 2LE
Key Postcode Insights
BA5 2LE is a residential postcode situated on New Street, Wells, BA5 with 8 addresses.
It ranks as the 753rd largest and 1085th most expensive of the 1,505 postcodes in the BA5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £503,556
- 10 Year change
- up 28.7%
- Ave. Rental Price
- £1,480pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £343/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Key Postcode Insights
BA5 2LE is a residential postcode situated on New Street, Wells, BA5 with 8 addresses.
It ranks as the 753rd largest and 1085th most expensive of the 1,505 postcodes in the BA5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £503,556
- 10 Year change
- up 28.7%
- Ave. Rental Price
- £1,480pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £343/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Explore Propertiesin BA5 2LE
- 21 New Street
3 Bed Period House
- 23 New Street
Unknown
- 25 New Street
4 Bed House
- 27 New Street
Unknown
- 31 New Street
Unknown
Sales Market Trends
The last sale in BA5 2LE sold for £375,000 on 12th May 2022. Since then prices are down an average of 1.1%.
The current average value in the postcode is £503,556.
The BA5 2LE Sales Market has increased by 28.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £503,556 |
| June 2025 | 1.1% | £522,596 |
| June 2024 | -3.6% | £516,860 |
| June 2023 | 4.1% | £536,205 |
| June 2022 | 15.4% | £515,267 |
| June 2021 | 3.9% | £446,529 |
| June 2020 | 4% | £429,626 |
| June 2019 | -1% | £412,949 |
| June 2018 | 3.2% | £416,988 |
| June 2017 | 3.3% | £404,250 |
| June 2016 | 7.7% | £391,338 |
| June 2015 | 3.5% | £363,386 |
| June 2014 | 7.2% | £351,153 |
| June 2013 | 3.5% | £327,554 |
| June 2012 | -0.5% | £316,550 |
| June 2011 | -0.6% | £317,984 |
| June 2010 | 1.5% | £319,827 |
| June 2009 | -5.2% | £315,123 |
| June 2008 | 1.1% | £332,299 |
| June 2007 | 0% | £328,751 |
Rental Market Trends
The current average rental value in the postcode is £1,480.
The BA5 2LE Rental Market has increased by 56.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £1,480pcm |
| June 2025 | 4.8% | £1,469pcm |
| June 2024 | 5% | £1,401pcm |
| June 2023 | 5.7% | £1,334pcm |
| June 2022 | 10.9% | £1,262pcm |
| June 2021 | 10.3% | £1,138pcm |
| June 2020 | 1.5% | £1,031pcm |
| June 2019 | 1% | £1,016pcm |
| June 2018 | 2.4% | £1,006pcm |
| June 2017 | 3.7% | £983pcm |
| June 2016 | 4.1% | £947pcm |
| June 2015 | 1.5% | £910pcm |
| June 2014 | 2.7% | £897pcm |
| June 2013 | 0% | £874pcm |
| June 2012 | 1.6% | £874pcm |
| June 2011 | 2.5% | £860pcm |
| June 2010 | 5% | £839pcm |
| June 2009 | -4.9% | £799pcm |
| June 2008 | 3.5% | £840pcm |
| June 2007 | 0% | £812pcm |
Sales History
The last sale was on 12th May 2022 for £375,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 8 sales since 1995.
BA5 2LE has seen no sales in the last three years and no sales in the last twelve months.
- Sold May 2022£375,000 | 3 Bed House21, New Street, Wells, BA5 2LE21, New Street, Wells, BA5 2LE
- Sold Jul 2020£699,950 | 5 Bed House35, New Street, Wells, BA5 2LE35, New Street, Wells, BA5 2LE
- Sold Apr 2017£685,000 | 4 Bed House25, New Street, Wells, BA5 2LE25, New Street, Wells, BA5 2LE
- Sold Feb 2017£540,000 | 5 Bed House35, New Street, Wells, BA5 2LE35, New Street, Wells, BA5 2LE
- Sold Nov 2003£327,500 | 4 Bed House27, New Street, Wells, BA5 2LE27, New Street, Wells, BA5 2LE
Nearby Postcodes
BA5 2LE is the 753rd largest and the 1085th most expensive postcode out of the 1,505 postcodes in the BA5 area.
- BA5 2QN, Mountery Road, Wells, BA5BA5 2QN3 Addresses|88 m away
- BA5 2QR, Ash Close, Wells, BA5BA5 2QR58 Addresses|114 m away
- BA5 2LD, New Street, Wells, BA5BA5 2LD15 Addresses|151 m away
- BA5 2QW, Mountery Close, Wells, BA5BA5 2QW3 Addresses|172 m away
- BA5 2LQ, New Street, Wells, BA5BA5 2LQ15 Addresses|184 m away
Property Types
- 1 period house built between 1800 and 1911
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 4 other addresses of unknown type
- period house (1)
- mid-century house (2)
- house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (5)
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 School400 m away
- Stoberry Park School400 m away
- St Cuthbert's Church of England Junior School1.3 km away
- The Blue School500 m away
- Whitstone7.8 km away
- St Dunstan's School8.4 km away
More reading links
Public Transport Nearby
The closest station to BA5 2LE is Castle Cary station, which is 15.3 kilometres away.
- Castle Cary|15.3 km away
- Bruton|18.0 km away
- Highbridge & Burnham|22.7 km away
- Yatton|23.4 km away
