Milton Lane - BA5 2QT
Key Postcode Insights
BA5 2QT is a residential postcode situated on Milton Lane, Wookey Hole, Wells, BA5 with 20 addresses.
It ranks as the 1230th largest and 1417th 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 20 properties: 11 houses, 4 flats and 5 other properties.
- Ave. Sale Price
- £714,968
- 10 Year change
- up 24.2%
- Ave. Rental Price
- £1,686pcm
- 10 Year change
- up 50.8%
- Ave. £ per ft²
- £397/ft²
- Ave. Gross Yield
- 2.8%/year/yr
Key Postcode Insights
BA5 2QT is a residential postcode situated on Milton Lane, Wookey Hole, Wells, BA5 with 20 addresses.
It ranks as the 1230th largest and 1417th 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 20 properties: 11 houses, 4 flats and 5 other properties.
- Ave. Sale Price
- £714,968
- 10 Year change
- up 24.2%
- Ave. Rental Price
- £1,686pcm
- 10 Year change
- up 50.8%
- Ave. £ per ft²
- £397/ft²
- Ave. Gross Yield
- 2.8%/year/yr
Explore Properties in BA5 2QT
- Beech Hill House
Building  |  4 Flats
- Dolphin House
3 Bed Mid-century House
- Owls Rise
House
- Treetops
4 Bed Mid-century House
- 45 Milton Lane
House
Sales Market Trends
The last sale in BA5 2QT sold for £237,500 on 3rd April 2023. Since then prices are down an average of 5.5%.
The current average value in the postcode is £714,968.
The BA5 2QT Sales Market has increased by 24.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £714,968 |
| June 2025 | 0.9% | £733,310 |
| June 2024 | -3% | £726,876 |
| June 2023 | 3.8% | £749,443 |
| June 2022 | 13.6% | £721,919 |
| June 2021 | 2.7% | £635,770 |
| June 2020 | 3.6% | £619,079 |
| June 2019 | -1.1% | £597,650 |
| June 2018 | 2.5% | £604,387 |
| June 2017 | 2.5% | £589,623 |
| June 2016 | 7.5% | £575,434 |
| June 2015 | 3.3% | £535,529 |
| June 2014 | 7.3% | £518,369 |
| June 2013 | 2.8% | £483,297 |
| June 2012 | -1.1% | £470,046 |
| June 2011 | -1.3% | £475,420 |
| June 2010 | 0.6% | £481,817 |
| June 2009 | -6.3% | £479,091 |
| June 2008 | 1.5% | £511,449 |
| June 2007 | 0% | £503,837 |
Rental Market Trends
The current average rental value in the postcode is £1,686.
The BA5 2QT Rental Market has increased by 50.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,686pcm |
| June 2025 | 4.6% | £1,653pcm |
| June 2024 | 5.7% | £1,581pcm |
| June 2023 | 5.5% | £1,496pcm |
| June 2022 | 9.1% | £1,418pcm |
| June 2021 | 9% | £1,300pcm |
| June 2020 | 1.1% | £1,192pcm |
| June 2019 | 0.8% | £1,179pcm |
| June 2018 | 1.7% | £1,170pcm |
| June 2017 | 2.9% | £1,150pcm |
| June 2016 | 3.8% | £1,117pcm |
| June 2015 | 1.3% | £1,076pcm |
| June 2014 | 2.7% | £1,062pcm |
| June 2013 | -0.7% | £1,034pcm |
| June 2012 | 0.9% | £1,041pcm |
| June 2011 | 1.7% | £1,031pcm |
| June 2010 | 4.1% | £1,014pcm |
| June 2009 | -6.1% | £974pcm |
| June 2008 | 4% | £1,037pcm |
| June 2007 | 0% | £998pcm |
Sales History
The last recorded sale was on 3rd April 2023 for £237,500 and since then the market in the area has decreased by 5.5%.
BA5 2QT has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Apr 2023£237,500 | 2 Bed Flat1 Beech Hill House, Milton Lane, Wells, BA5 2QT1 Beech Hill House, Milton Lane, Wells, BA5 2QT
- Sold Sep 2022£900,000 | 5 Bed House47, Milton Lane, Wells, BA5 2QT47, Milton Lane, Wells, BA5 2QT
- Sold Apr 2022£933,000 | 5 Bed House63, Milton Lane, Wells, BA5 2QT63, Milton Lane, Wells, BA5 2QT
Nearby Postcodes
BA5 2QT is the 1230th largest and the 1417th most expensive postcode out of the 1,505 postcodes in the BA5 area.
- BA5 2LY, Fir Tor Avenue, Wells, BA5BA5 2LY15 Addresses|73 m away
- BA5 2LP, Ash Lane, Wells, BA5BA5 2LP3 Addresses|136 m away
- BA5 2NA, Hillside Close, Wells, BA5BA5 2NA9 Addresses|139 m away
- BA5 2LZ, Orchard Lea, Wells, BA5BA5 2LZ8 Addresses|166 m away
- BA5 2LS, Ash Lane, Wells, BA5BA5 2LS14 Addresses|175 m away
Property Types
- 2 period houses built between 1800 and 1911
- 4 period flats built between 1800 and 1911
- 2 modern houses built after 1980
- 7 mid-century houses built between 1936 and 1979
- 5 other addresses of unknown type
- period house (2)
- period flat (4)
- modern house (2)
- mid-century house (7)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (3)
- G (0)
- D (9)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Apr 2022£933,000 | 5 Bed House63, Milton Lane, Wells, BA5 2QT63, Milton Lane, Wells, BA5 2QT
- Sold Mar 2020£925,000 | 5 Bed House1 Milton Court, Milton Lane, Wells, BA5 2QS1 Milton Court, Milton Lane, Wells, BA5 2QS
- Sold Sep 2025£910,000 | 5 Bed House37, Milton Lane, Wells, BA5 2QS37, Milton Lane, Wells, BA5 2QS
Schools Nearby
- St Joseph and St Teresa Catholic Primary School700 m away
- Stoberry Park School1.0 km away
- St Cuthbert's Church of England Junior School1.4 km away
- The Blue School400 m away
- St Dunstan's School8.3 km away
- Whitstone8.4 km away
More reading links
Public Transport Nearby
The closest station to BA5 2QT is Castle Cary station, which is 15.9 kilometres away.
- Castle Cary|15.9 km away
- Bruton|18.6 km away
- Highbridge & Burnham|22.1 km away
- Yatton|22.9 km away