Lake Close - BA5 1FW
Key Street Insights
Lake Close is a residential street with 4 addresses.
It ranks as the 175th largest and 782nd most expensive of the 946 streets in the BA5 area. The most common property type is a modern house built after 1980.
The street contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £556,492
- 10 Year change
- up 28.7%
- Ave. Rental Price
- £1,589pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £330/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Key Street Insights
Lake Close is a residential street with 4 addresses.
It ranks as the 175th largest and 782nd most expensive of the 946 streets in the BA5 area. The most common property type is a modern house built after 1980.
The street contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £556,492
- 10 Year change
- up 28.7%
- Ave. Rental Price
- £1,589pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £330/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Explore Properties on Lake Close, Wells, BA5
- 1 Lake Close
5 Bed Modern House
- 2 Lake Close
4 Bed Modern House
- 3 Lake Close
5 Bed Modern House
- 4 Lake Close
4 Bed Modern House
Sales Market Trends
The last sale on Lake Close sold for £665,000 on 5th August 2025. Since then prices are down an average of 2.9%.
The current average value in the street is £556,492.
The Lake Close Sales Market has increased by 28.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £556,492 |
| June 2025 | 1.1% | £577,392 |
| June 2024 | -3.6% | £571,119 |
| June 2023 | 4.1% | £592,331 |
| June 2022 | 15.4% | £569,222 |
| June 2021 | 4% | £493,253 |
| June 2020 | 4% | £474,487 |
| June 2019 | -0.9% | £456,305 |
| June 2018 | 3.1% | £460,656 |
| June 2017 | 3.2% | £446,588 |
| June 2016 | 7.7% | £432,560 |
| June 2015 | 3.5% | £401,624 |
| June 2014 | 7.2% | £388,111 |
| June 2013 | 3.5% | £362,006 |
| June 2012 | -0.4% | £349,856 |
| June 2011 | -0.6% | £351,309 |
| June 2010 | 1.6% | £353,541 |
| June 2009 | -5.1% | £348,044 |
| June 2008 | 1.1% | £366,794 |
| June 2007 | 0% | £362,816 |
Rental Market Trends
The current average rental value in the street is £1,589.
The Lake Close Rental Market has increased by 56.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £1,589pcm |
| June 2025 | 4.8% | £1,576pcm |
| June 2024 | 5.1% | £1,504pcm |
| June 2023 | 5.8% | £1,432pcm |
| June 2022 | 10.9% | £1,354pcm |
| June 2021 | 10.4% | £1,221pcm |
| June 2020 | 1.5% | £1,106pcm |
| June 2019 | 1% | £1,090pcm |
| June 2018 | 2.4% | £1,079pcm |
| June 2017 | 3.6% | £1,054pcm |
| June 2016 | 4.1% | £1,017pcm |
| June 2015 | 1.5% | £977pcm |
| June 2014 | 2.7% | £963pcm |
| June 2013 | 0% | £938pcm |
| June 2012 | 1.7% | £938pcm |
| June 2011 | 2.4% | £923pcm |
| June 2010 | 5.1% | £901pcm |
| June 2009 | -4.9% | £857pcm |
| June 2008 | 3.5% | £901pcm |
| June 2007 | 0% | £870pcm |
Sales History
The last recorded sale was on 5th August 2025 for £665,000 and since then the market in the area has decreased by 2.9%.
Lake Close, Wells, BA5 has had 3 sales since 1995, 1 of them in the last twelve months.
- Sold Aug 2025£665,000 | 5 Bed House3, Lake Close, Wells, BA5 1FW3, Lake Close, Wells, BA5 1FW
- Sold Oct 2020£405,000 | 4 Bed House2, Lake Close, Wells, BA5 1FW2, Lake Close, Wells, BA5 1FW
- Sold Jan 2020£556,250 | 5 Bed House3, Lake Close, Wells, BA5 1FW3, Lake Close, Wells, BA5 1FW
Top 3 Most Expensive Sales
- Sold Aug 2025£665,000 | 5 Bed House3, Lake Close, Wells, BA5 1FW3, Lake Close, Wells, BA5 1FW
- Sold Jan 2020£556,250 | 5 Bed House3, Lake Close, Wells, BA5 1FW3, Lake Close, Wells, BA5 1FW
- Sold Nov 2019£538,000 | 5 Bed House1, Lake Close, Wells, BA5 1FW1, Lake Close, Wells, BA5 1FW
Nearby Streets
Lake Close, Wells, BA5 is the 175th largest and the 782nd most expensive street in the BA5 area.
- Underhill Close, Wells, BA59 Addresses|71 m away
- Knight Road, Wells, BA589 Addresses|111 m away
- Willson Close, Wells, BA58 Addresses|120 m away
- Auckland Close, Wells, BA510 Addresses|136 m away
- Bagot Walk, Wells, BA59 Addresses|143 m away
- Eden Drive, Wells, BA59 Addresses|183 m away
Property Types
- 4 modern houses built after 1980
- modern house (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 4 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (4)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- St Cuthbert's Church of England Academy Infants and Pre-School500 m away
- St Cuthbert's Church of England Junior School500 m away
- St Joseph and St Teresa Catholic Primary School1.3 km away
- The Blue School1.4 km away
- St Dunstan's School6.8 km away
- Whitstone7.9 km away
More reading links
Public Transport Nearby
The closest station to Lake Close, Wells, BA5 - BA5 1FW is Castle Cary station, which is 14.4 kilometres away.
- Castle Cary|14.4 km away
- Bruton|17.5 km away
- Highbridge & Burnham|22.2 km away
