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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, 2, Parsons Way, Wells is a modern house with 667 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Parsons Way, Wells is £233,394 and the estimated rental value is £1,122 per month.
Parsons Way, Wells, BA5 is located within the BA5 postal district.
2, Parsons Way, Wells has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 2, Parsons Way, Wells is in very good condition we estimate a sale value of £245,063 and a rental value of £1,178 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,056 and a rental value of £1,043 per month.
Over the last 12 months the sale value of 2 Parsons Way Wells has decreased by an estimated £1,091 (0.5%) and its rental value has increased by an estimated £53 per month (4.7%), giving an expected gross yield of 5.8%.
2, Parsons Way, Wells has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Sep 2015.
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, 2, Parsons Way, Wells was last sold on 23rd July 2001 for £32,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Parsons Way, Wells within a radius of 640 metres over the last 2 years.
The most recent example is 6 Stiles Court, Parsons Way, Wells, BA5 2FX, a freehold house which sold for £210,000 on the 29th August 2025.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parsons Way, Wells, BA5 has a total of 77 addresses. According to our analysis of all the public data, 2, Parsons Way, Wells is the 32nd largest and the 28th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in BA5.
The closest station to 2, Parsons Way, Wells is Castle Cary station which is 15.7 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Parsons Way, Wells, 46.3% of property is socially rented and 28.5% is privately owned outright.
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 2, Parsons Way, Wells, 12.7% of residents are recorded as possessing school level qualifications and 20.8% 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 2, Parsons Way, 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 2, Parsons Way, Wells, 0.0% 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 2, Parsons Way, 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.
