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Lake CloseHouse Prices / South West, Somerset
Last updated May 2026
Key Street Insights
Lake Close is a residential street with 4 addresses.
It ranks as the 183rd largest and 805th most expensive of the 964 streets in the BA5 area. The dominant property type is a modern house built after 1980.
The street contains a total of 4 properties: 4 houses.
4
Properties
- Houses
Key Street Insights
Lake Close is a residential street with 4 addresses.
It ranks as the 183rd largest and 805th most expensive of the 964 streets in the BA5 area. The dominant property type is a modern house built after 1980.
The street contains a total of 4 properties: 4 houses.
4
Properties
- Houses
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House Priceson Lake Close
Sale prices range from £492,537 for 4 bedroom freehold houses with a garden (1,345 ft2) to £647,561 for 5 bedroom freehold houses with a garden (2,206 ft2) .
Monthly rental prices range from £1,503 pcm for 4 bed houses to £1,640 pcm for 5 bed houses.
The gross rental yield is between 3.0% and 3.7%.
The average value per square foot is £335.
Average Sale Value
£563,944
Average Rental Value
£1,570 pcm
Average Rental Yield
3.3% /year
Average Value Per Sqft
£335 /ft2
Sales Market Trendson Lake Close
The last sale on Lake Close sold for £665,000 on 5th August 2025. Since then prices are down an average of 1.7%.
The current average value in the street is £563,944.
The Lake Close Sales Market has increased by 31.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.4% | £563,944 |
| April 2025 | 1.7% | £584,010 |
| April 2024 | -3.1% | £574,063 |
| April 2023 | 5.4% | £592,627 |
| April 2022 | 15.1% | £562,275 |
| April 2021 | 3.5% | £488,427 |
| April 2020 | 2.8% | £471,858 |
| April 2019 | -1.2% | £458,855 |
| April 2018 | 4.7% | £464,454 |
| April 2017 | 3.5% | £443,475 |
| April 2016 | 7.6% | £428,633 |
| April 2015 | 4% | £398,357 |
| April 2014 | 6.7% | £383,174 |
| April 2013 | 5.3% | £358,947 |
| April 2012 | -2.3% | £341,026 |
| April 2011 | 0.4% | £348,980 |
| April 2010 | -1.8% | £347,445 |
| April 2009 | -5.5% | £353,877 |
| April 2008 | 4.2% | £374,490 |
| April 2007 | 0% | £359,355 |
Rental Market Trendson Lake Close
The current average rental value in the street is £1,570.
The Lake Close Rental Market has increased by 58.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £1,570pcm |
| April 2025 | 5.9% | £1,548pcm |
| April 2024 | 5% | £1,461pcm |
| April 2023 | 7.5% | £1,392pcm |
| April 2022 | 9% | £1,295pcm |
| April 2021 | 9.6% | £1,188pcm |
| April 2020 | 1.5% | £1,084pcm |
| April 2019 | 1% | £1,068pcm |
| April 2018 | 1.9% | £1,058pcm |
| April 2017 | 4.5% | £1,038pcm |
| April 2016 | 4.5% | £993pcm |
| April 2015 | 1.1% | £951pcm |
| April 2014 | 2.6% | £940pcm |
| April 2013 | 2.6% | £917pcm |
| April 2012 | 1.7% | £893pcm |
| April 2011 | 2.5% | £878pcm |
| April 2010 | 1.4% | £857pcm |
| April 2009 | -5.9% | £845pcm |
| April 2008 | 5.5% | £898pcm |
| April 2007 | 0% | £851pcm |
Sales Historyon Lake Close, Wells, BA5
The last sale was on 5th August 2025 for £665,000 and since then the market in the area has decreased by 1.7%. The street has had a total of 5 sales since 1995.
Lake Close, Wells, BA5 has seen 1 sale in the last three years and 1 sale in the last twelve months.
Sold Aug 2025£665,000 | 5 Bed HouseLake Close3, Lake Close, Wells, BA5 1FW
Sold Oct 2020£405,000 | 4 Bed HouseLake Close2, Lake Close, Wells, BA5 1FW
Sold Jan 2020£556,250 | 5 Bed HouseLake Close3, Lake Close, Wells, BA5 1FW
Sold Nov 2019£538,000 | 5 Bed HouseLake Close1, Lake Close, Wells, BA5 1FW
Sold Oct 2019£380,000 | 4 Bed HouseLake Close4, Lake Close, Wells, BA5 1FW
Nearby Streetsto Lake Close, Wells, BA5
Lake Close, Wells, BA5 is the 183rd largest and the 805th most expensive street in the BA5 area.
- 71 mUnderhill Close, Wells, BA59 Addresses
- 111 mKnight Road, Wells, BA589 Addresses
- 120 mWillson Close, Wells, BA58 Addresses
- 136 mAuckland Close, Wells, BA510 Addresses
- 143 mBagot Walk, Wells, BA59 Addresses
- 183 mEden Drive, Wells, BA59 Addresses
Postcodeson Lake Close, Wells, BA5
There is 1 postcode on Lake Close, Wells, BA5.
- House prices in BA5 1FW4 Addresses
Property Typesin Lake Close
- 4 modern houses built after 1980
- modern house (4)
Energy Efficiencyof properties on Lake Close
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is B.
- A (0)
- E (0)
- B (4)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Schools Nearbyto Lake Close, Wells, BA5
The nearest primary school to Lake Close, Wells, BA5 is St Cuthbert's Church of England Academy Infants and Pre-School which is 515 metres away.
- 515mSt Cuthbert's Church of England Academy Infants and Pre-School
- 524mSt Cuthbert's Church of England Junior School
- 1.3kmSt Joseph and St Teresa Catholic Primary School
The nearest secondary school is The Blue School which is 1.4 kilometres away.
- 1.4kmThe Blue School
- 6.8kmSt Dunstan's School
- 7.9kmWhitstone
More reading links
Public Transport Nearbyto Lake Close, Wells, BA5
The closest station to Lake Close, Wells, BA5 is Castle Cary station which is 14.4 kilometres away.
- 14.4kmCastle Cary
- 17.5kmBruton
- 22.2kmHighbridge & Burnham
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