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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, 23, Elm Close, Wells is a early-century freehold house with 1,420 ft2 of internal area and sits on a 430 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 23, Elm Close, Wells is £493,362 and the estimated rental value is £1,440 per month.
Elm Close, Wells, BA5 is located within the BA5 postal district.
23, Elm Close, Wells has a single entry in the Land Registry from October 2007 and a single entry in the EPC database dated July 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 23, Elm Close, Wells is in very good condition we estimate a sale value of £518,030 and a rental value of £1,512 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,827 and a rental value of £1,339 per month.
Over the last 12 months the sale value of 23 Elm Close Wells has decreased by an estimated £13,788 (2.8%) and its rental value has increased by an estimated £25 per month (1.7%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, 23, Elm Close, Wells sits on a plot of 430m2.
We have plot size data on 27 out of 32 other houses in the postcode and 23, Elm Close, Wells sits on the 20th largest plot.
23, Elm Close, Wells has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jul 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, 23, Elm Close, Wells was last sold on 5th October 2007 for £277,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2007, the market for similar properties has risen 45.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Elm Close, Wells within a radius of 1.0 kilometres over the last 2 years.
The most recent example is Rathdownie, Wookey Road, Wells, BA5 1NA, a freehold house which sold for £550,000 on the 28th August 2024.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Close, Wells, BA5 has a total of 32 addresses. According to our analysis of all the public data, 23, Elm Close, Wells is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £134k more expensive than the average property in BA5.
The closest station to 23, Elm Close, Wells is Castle Cary station which is 15.9 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Elm Close, Wells, % of property is and % is .
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 23, Elm Close, Wells, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 23, Elm Close, 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 23, Elm Close, Wells, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
