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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, 3, Penny Lea, Watchet is a mid-century freehold house with 881 ft2 of internal area and sits on a 862 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Penny Lea, Watchet is £293,090 and the estimated rental value is £1,394 per month.
Penny Lea, Watchet, TA23 is located within the TA23 postal district.
3, Penny Lea, Watchet has 31 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated February 2010.
We combine this information with that 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.
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 3, Penny Lea, Watchet is in very good condition we estimate a sale value of £307,745 and a rental value of £1,464 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,574 and a rental value of £1,297 per month.
Over the past 12 months, the estimated sale value of 3, Penny Lea, Watchet has dropped by £2,129 (0.7%), while its estimated rental value has risen by £54 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 5.7%.
According to data from HM Land Registry, 3, Penny Lea, Watchet sits on a plot of 862 m2.
We have plot size data on 8 out of 9 other houses in the postcode and 3, Penny Lea, Watchet sits on the largest plot.
3, Penny Lea, Watchet has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Feb 2010.
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, 3, Penny Lea, Watchet was last sold on 30th October 2018 for £287,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2018, the market for similar properties has risen by 29.6%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Penny Lea, Watchet within a radius of 950 metres over the last 2 years.
The most recent example is 16, Brendon Road, Watchet, TA23 0AU, a freehold house which sold for £329,000 on the 29th January 2026.
Read more about house prices in TA23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penny Lea, Watchet, TA23 has a total of 9 addresses. According to our analysis of all the public data, 3, Penny Lea, Watchet is the 8th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in TA23.
The closest station to 3, Penny Lea, Watchet is Taunton station, which is 23.0 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 3, Penny Lea, Watchet, 53.2% of property is privately owned outright and 27.7% 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 3, Penny Lea, Watchet, 11.7% of residents are recorded as possessing school level qualifications and 22.2% 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 3, Penny Lea, Watchet, the average age was 48.9 and the most common age was 67.
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 3, Penny Lea, Watchet, 0.9% 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 3, Penny Lea, Watchet, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
