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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
According to the public record, 10, Penn Close, Wells is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,062 ft2 of internal area and sits on a 265 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 10, Penn Close, Wells is £414,477 and the estimated rental value is £1,334 per month.
Penn Close, Wells, BA5 is located within the BA5 postal district.
10, Penn Close, Wells has 41 entries in the Land Registry , most recently in January 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 10, Penn Close, Wells is in very good condition we estimate a sale value of £435,200 and a rental value of £1,401 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,463 and a rental value of £1,241 per month.
Over the last 12 months the sale value of 10 Penn Close Wells has decreased by an estimated £6,119 (1.5%) and its rental value has increased by an estimated £47 per month (3.5%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 10, Penn Close, Wells sits on a plot of 265m2.
We have plot size data on 15 out of 15 other houses in the postcode and 10, Penn Close, Wells sits on the 14th largest plot.
According to HM Land Registry, 10, Penn Close, Wells was last sold on 6th January 2017 for £272,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since January 2017, the market for similar properties has risen 10.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Penn Close, Wells within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 39, Hawkers Lane, Wells, BA5 3JJ, a freehold house which sold for £365,000 on the 19th April 2024.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penn Close, Wells, BA5 has a total of 15 addresses. According to our analysis of all the public data, 10, Penn Close, Wells is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in BA5.
The closest station to 10, Penn Close, Wells is Castle Cary station which is 14.9 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 10, Penn Close, Wells, 60.2% of property is privately owned outright and 30.5% is privately owned with a mortgage.
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 10, Penn Close, Wells, 16.6% of residents are recorded as possessing school level qualifications and 53.9% 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 10, Penn Close, 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 10, Penn Close, Wells, 1.0% 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 10, Penn Close, Wells, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
