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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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Public records show 5, New Close, Wells to be a mid-century freehold house with 1,184 ft2 of internal area, sitting on a 350 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, New Close, Wells has an estimated sale value of £451,027 and an estimated rental value of £1,247 per month, assuming reasonable condition and based on the information available.
New Close, West Horrington, Wells, BA5 lies within the BA5 postal district.
5, New Close, Wells has 2 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated April 2014.
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.
In very good condition, we estimate 5, New Close, Wells would be worth £473,578, with a potential rental value of £1,309 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £419,455, with a rental value of £1,159 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 5, New Close, Wells has fallen by £4,929 (1.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £45 (3.6%). The property's estimated gross yield is currently 3.3%.
5, New Close, Wells occupies a 350 m2 plot as recorded by HM Land Registry.
Of the 10 other houses in this postcode, 8 have recorded plot sizes, and this one ranks as the 7th largest.
5, New Close, Wells has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
5, New Close, Wells last changed hands on 8th August 2014, selling for £198,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 41.5% since August 2014.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.4 kilometres of 5, New Close, Wells across the last 2 years.
Most recently, The Willows, Wells, BA5 3ED, a freehold house, sold at £460,000 on the 13th March 2026.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 5, New Close, Wells as the 3rd largest and the 3rd most expensive of the 10 addresses on New Close, West Horrington, Wells, BA5.
Against the BA5 postcode district average, it is £90k more expensive than the typical property.
Castle Cary station is the nearest stop to 5, New Close, Wells at 15.5 kilometres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, New Close, Wells, 53.6% of property is privately owned outright and 25.8% 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 5, New Close, Wells, 12.2% of residents are recorded as possessing school level qualifications and 39.4% 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 5, New Close, Wells, the average age was 46.2 and the most common age was 52.
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 5, New Close, 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 5, New Close, Wells, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
