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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, 4, Penn Close, Wells is a mid-century freehold house with 1,054 ft2 of internal area and sits on a 390 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 4, Penn Close, Wells is £413,418 and the estimated rental value is £1,333 per month.
Penn Close, Wells, BA5 is located within the BA5 postal district.
4, Penn Close, Wells has 31 entries in the Land Registry , most recently in February 2017 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 4, Penn Close, Wells is in very good condition we estimate a sale value of £434,089 and a rental value of £1,399 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £384,479 and a rental value of £1,239 per month.
Over the last 12 months the sale value of 4 Penn Close Wells has decreased by an estimated £6,104 (1.5%) and its rental value has increased by an estimated £47 per month (3.5%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 4, Penn Close, Wells sits on a plot of 390m2.
We have plot size data on 15 out of 15 other houses in the postcode and 4, Penn Close, Wells sits on the 6th largest plot.
4, Penn Close, Wells has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Nov 2015.
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, 4, Penn Close, Wells was last sold on 3rd February 2017 for £325,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2017, the market for similar properties has risen 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Penn Close, Wells within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 39, Hawkers Lane, Wells, BA5 3JJ, a freehold house which sold for £365,000 on the 19th April 2024.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penn Close, Wells, BA5 has a total of 15 addresses. According to our analysis of all the public data, 4, Penn Close, Wells is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in BA5.
The closest station to 4, Penn Close, Wells is Castle Cary station which is 14.9 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 4, Penn Close, Wells, 60.2% of property is privately owned outright and 30.5% 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 4, Penn Close, Wells, 16.6% of residents are recorded as possessing school level qualifications and 53.9% 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 4, Penn Close, Wells, the average age was 48.2 and the most common age was 72.
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 4, Penn Close, Wells, 1.0% 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 4, Penn Close, Wells, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
