Our Data Sources
2, Lake Close, Wells has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Lake Close, Wells, we estimate a market value of £509,727 and a rental value of £1,594 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £451,473 and £1,412 per month respectively.
Plot Size
HM Land Registry records the plot of land for 2, Lake Close, Wells as measuring 333 m2.
That makes it the 3rd largest plot in the postcode, where all 4 other houses have recorded plot data.
Energy Efficiency
2, Lake Close, Wells has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Sep 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators (mains gas).
Sold Prices
The most recent sale of 2, Lake Close, Wells completed on 30th October 2020 at £405,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 18.0% over the period since October 2020.
- Sold Oct 2020£405,000
Similar Properties Sold Nearby
Since 2018 99 properties similar to 2, Lake Close, Wells have sold within a radius of 920 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th January 2026, was 2, Underhill Close, Wells, BA5 1TA, a freehold house which sold for £562,500.
Read more about house prices in BA5.
- Sold Jan 2026£562,500 | 4 Bed House2, Underhill Close, Wells, BA5 1TA2, Underhill Close, Wells, BA5 1TA
- Sold Nov 2025£590,000 | 4 Bed House37, Knight Road, Wells, BA5 1FT37, Knight Road, Wells, BA5 1FT
- Sold Oct 2025£487,000 | 4 Bed House26, Knight Road, Wells, BA5 1FT26, Knight Road, Wells, BA5 1FT
- Sold Jun 2025£520,000 | 4 Bed House6, Beadon Drive, Wells, BA5 1FZ6, Beadon Drive, Wells, BA5 1FZ
- Sold Apr 2025£495,000 | 4 Bed House1, Knight Road, Wells, BA5 1FT1, Knight Road, Wells, BA5 1FT
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £630,815, ranging from £485,454 to £728,895.
- 87 Wand Road
5 Bed House | 19 m | Est. Value: £728,895
- 3 Lake Close
5 Bed House | 19 m | Est. Value: £639,554
- 1 Lake Close
5 Bed House | 23 m | Est. Value: £615,505
- 4 Lake Close
4 Bed House | 26 m | Est. Value: £485,454
- 59 Knight Road
5 Bed House | 34 m | Est. Value: £701,502
Location Comparison
Of the 4 addresses on Lake Close, Wells, BA5, 2, Lake Close, Wells comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £126k more expensive than the average property across the BA5 district.
More reading links
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
- Castle Cary|14.4 km away
- Bruton|17.5 km away
- Highbridge & Burnham|22.2 km away
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
