4, Knowle Lane
4, Knowle Lane
Description & Estimates
4, Knowle Lane, Wells is recorded publicly as a period freehold house across 667 ft2 of internal area, sitting on a 71.6 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 4, Knowle Lane, Wells is £262,221 and its rental estimate is £1,072 per month, given the available information and assuming reasonable condition.
Knowle Lane, Wookey, Wells, BA5 falls within the BA5 postal district.
Our Data Sources
4, Knowle Lane, Wells has 31 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 4, Knowle Lane, Wells, we estimate a market value of £275,332 and a rental value of £1,126 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £243,865 and £997 per month respectively.
Recent Market Change
Over the last year, 4, Knowle Lane, Wells has seen its estimated sale value move down by £1,582 (0.6%) and its estimated rental value increase by £45 per month (4.2%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 4, Knowle Lane, Wells as measuring 72 m2.
That makes it the 25th largest plot in the postcode, where 26 of the 36 other houses have recorded plot data.
Energy Efficiency
4, Knowle Lane, Wells has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 May 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 4, Knowle Lane, Wells completed on 29th March 2016 at £138,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 33.6% over the period since March 2016.
- Sold Mar 2016£138,000
- Sold Dec 2011£129,000
- Sold Mar 1998£45,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Knowle Lane, Wells have sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd March 2020, was 17, Knowle Lane, Wells, BA5 1LB, a freehold house which sold for £205,000.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 42 addresses on Knowle Lane, Wookey, Wells, BA5, 4, Knowle Lane, Wells comes out as the 35th largest and the 37th most expensive in our analysis of the public data.
It is also £99k less expensive than the average property across the BA5 district.
More reading links
Schools Nearby
- 600mWookey Primary School
- 2.7kmSt Cuthbert's Church of England Academy Infants and Pre-School
- 2.7kmSt Cuthbert's Church of England Junior School
- 2.9kmThe Blue School
- 6.5kmSt Dunstan's School
- 9.2kmCrispin School Academy
More reading links
Public Transport Nearby
From 4, Knowle Lane, Wells, the nearest station is Castle Cary, 17.2 kilometres away.
- 17.2kmCastle Cary
- 19.3kmHighbridge & Burnham
- 20.5kmBruton
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.
