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According to the public record, 47, Ash Lane, Wells is a early-century freehold house with 2,088 ft2 of internal area and sits on a 455 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 47, Ash Lane, Wells is £741,222 and the estimated rental value is £1,591 per month.
Ash Lane, Wells, BA5 is located within the BA5 postal district.
47, Ash Lane, Wells has 2 entries in the Land Registry , most recently in June 2015 and a single entry in the EPC database dated May 2014.
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 47, Ash Lane, Wells is in very good condition we estimate a sale value of £778,283 and a rental value of £1,670 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £689,336 and a rental value of £1,479 per month.
Over the last 12 months the sale value of 47 Ash Lane Wells has decreased by an estimated £29,737 (4.0%) and its rental value has increased by an estimated £13 per month (0.8%), giving an expected gross yield of 2.6%.
According to data from HM Land Registry, 47, Ash Lane, Wells sits on a plot of 455m2.
We have plot size data on 11 out of 16 other houses in the postcode and 47, Ash Lane, Wells sits on the 10th largest plot.
47, Ash Lane, Wells has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 47, Ash Lane, Wells was last sold on 3rd June 2015 for £645,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2015, the market for similar properties has risen 13.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Ash Lane, Wells within a radius of 880 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.
Ash Lane, Wells, BA5 has a total of 69 addresses. According to our analysis of all the public data, 47, Ash Lane, Wells is the 16th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £382k more expensive than the average property in BA5.
The closest station to 47, Ash Lane, Wells is Castle Cary station which is 15.6 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 47, Ash Lane, Wells, 73.3% of property is privately owned outright and 18.8% 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 47, Ash Lane, Wells, 10.4% of residents are recorded as possessing school level qualifications and 57.8% 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 47, Ash Lane, 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 47, Ash Lane, Wells, 1.3% 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 47, Ash Lane, 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.