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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Southover, Wells is a period freehold house with 1,754 ft2 of internal area and sits on a 233 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Southover, Wells is £421,498 and the estimated rental value is £1,538 per month.
Southover, Wells, BA5 is located within the BA5 postal district.
1, Southover, Wells has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Southover, Wells is in very good condition we estimate a sale value of £442,573 and a rental value of £1,615 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,993 and a rental value of £1,430 per month.
Over the last 12 months the sale value of 1 Southover Wells has decreased by an estimated £11,780 (2.8%) and its rental value has increased by an estimated £26 per month (1.7%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 1, Southover, Wells sits on a plot of 233m2.
We have plot size data on 16 out of 16 other houses in the postcode and 1, Southover, Wells sits on the largest plot.
1, Southover, Wells has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Southover, Wells was last sold on 18th November 2022 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has dropped 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Southover, Wells within a radius of 700 metres over the last 2 years.
The most recent example is 5, St. John Street, Wells, BA5 1SW, a leasehold house which sold for £447,000 on the 8th August 2024.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southover, Wells, BA5 has a total of 80 addresses. According to our analysis of all the public data, 1, Southover, Wells is the 6th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £62k more expensive than the average property in BA5.
The closest station to 1, Southover, Wells is Castle Cary station which is 14.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Southover, Wells, 45.3% of property is privately owned outright and 30.4% is privately rented.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Southover, Wells, 5.5% of residents are recorded as possessing school level qualifications and 35.8% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Southover, Wells, the average age was 48.2 and the most common age was 72.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Southover, Wells, 3.2% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Southover, Wells, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
