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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, 35, New Street, Wells is a mid-century freehold house with 2,152 ft2 of internal area and sits on a 1,264 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 35, New Street, Wells is £782,870 and the estimated rental value is £1,651 per month.
New Street, Wells, BA5 is located within the BA5 postal district.
35, New Street, Wells has 2 entries in the Land Registry , most recently in July 2020 and a single entry in the EPC database dated January 2020.
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 35, New Street, Wells is in very good condition we estimate a sale value of £822,013 and a rental value of £1,733 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £728,069 and a rental value of £1,535 per month.
Over the last 12 months the sale value of 35 New Street Wells has decreased by an estimated £31,408 (4.0%) and its rental value has increased by an estimated £13 per month (0.8%), giving an expected gross yield of 2.5%.
According to data from HM Land Registry, 35, New Street, Wells sits on a plot of 1264m2.
We have plot size data on 6 out of 8 other houses in the postcode and 35, New Street, Wells sits on the 2nd largest plot.
35, New Street, Wells has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jan 2020.
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, 35, New Street, Wells was last sold on 2nd July 2020 for £699,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2020, the market for similar properties has dropped 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, New Street, Wells within a radius of 840 metres over the last 2 years.
The most recent example is 56, Ash Lane, Wells, BA5 2LS, a freehold house which sold for £785,000 on the 30th January 2023.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Street, Wells, BA5 has a total of 48 addresses. According to our analysis of all the public data, 35, New Street, Wells is the 6th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £423k more expensive than the average property in BA5.
The closest station to 35, New Street, Wells is Castle Cary station which is 15.3 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 35, New Street, Wells, 43.1% of property is privately rented and 38.2% 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 35, New Street, Wells, 46.2% of residents are recorded as possessing school level qualifications and 39.9% 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 35, New Street, Wells, the average age was 46.1 and the most common age was 57.
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 35, New Street, Wells, 3.5% 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 35, New Street, Wells, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
