2A Library Mews, Wells
2A Library Mews, Wells
Description & Estimates
2A Library Mews, Wells is described in the public record as a period apartment with 477 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2A Library Mews, Wells is £152,861 and its rental estimate is £783 per month, given the available information and assuming reasonable condition.
Library Mews, Union Street is a residential building on Union Street, Wells, BA5 and falls within the BA5 postal district.
Our Data Sources
2A Library Mews, Wells has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2009.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2A Library Mews, Wells, we estimate a market value of £160,504 and a rental value of £822 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £142,161 and £728 per month respectively.
Recent Market Change
Over the last year, 2A Library Mews, Wells has seen its estimated sale value decrease by £1,840 (1.2%) and its estimated rental value grow by £31 per month (3.9%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
2A Library Mews, Wells has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Mar 2009.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 2A Library Mews, Wells completed on 5th April 2005 at £80,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Apr 2005£80,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2A Library Mews, Wells have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2024, was Flat 7, St. Cuthberts Lodge 40, Chamberlain Street, Wells, BA5 2PJ, a leasehold flat which sold for £155,500.
Read more about house prices in BA5.
- Sold Mar 2024£155,500 | 2 Bed FlatSt. Cuthberts Lodge 40, Chamberlain StreetFlat 7, St. Cuthberts Lodge 40, Chamberlain Street, Wells, BA5 2PJ
- Sold Nov 2022£150,000 | 2 Bed FlatSt. Cuthbert Street39A, St. Cuthbert Street, Wells, BA5 2AW
- Sold Dec 2021£190,000 | 2 Bed FlatSt. Cuthberts Lodge 40, Chamberlain StreetFlat 8, St. Cuthberts Lodge 40, Chamberlain Street, Wells, BA5 2PJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 47 addresses on Union Street, Wells, BA5, 2A Library Mews, Wells comes out as the 43rd largest and the 43rd most expensive in our analysis of the public data.
It is also £209k less expensive than the average property across the BA5 district.
More reading links
Schools Nearby
- 200mSt Joseph and St Teresa Catholic Primary School
- 800mStoberry Park School
- 900mSt Cuthbert's Church of England Junior School
- 600mThe Blue School
- 7.7kmWhitstone
- 7.9kmSt Dunstan's School
More reading links
Public Transport Nearby
From 2A Library Mews, Wells, the nearest station is Castle Cary, 15.0 kilometres away.
- 15.0kmCastle Cary
- 17.7kmBruton
- 22.6kmHighbridge & Burnham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
