Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
The public record describes 5, Penny Lea, Watchet as a mid-century house with 947 ft2 of internal area, sitting on a 415 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Penny Lea, Watchet has an estimated sale value of £266,843 and an estimated rental value of £1,381 per month, assuming reasonable condition and based on the information available.
Penny Lea, Watchet, TA23 lies within the TA23 postal district.
5, Penny Lea, Watchet has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2013.
We combine this information with public data 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, Penny Lea, Watchet would be worth £280,186, with a potential rental value of £1,450 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £248,164, with a rental value of £1,284 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, Penny Lea, Watchet has decreased by £1,938 (0.7%) over the last year. During the same period, its estimated monthly rental value has grown by £54 (3.9%). The property's estimated gross yield is currently 6.2%.
5, Penny Lea, Watchet occupies a 415 m2 plot as recorded by HM Land Registry.
Of the 9 other houses in this postcode, 8 have recorded plot sizes, and this one ranks as the 5th largest.
5, Penny Lea, Watchet has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Dec 2013.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
5, Penny Lea, Watchet last changed hands on 5th July 2005, selling for £174,900. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 950 metres of 5, Penny Lea, Watchet across the last 2 years.
Most recently, 35, Woodland Road, Watchet, TA23 0HQ, a freehold house, sold at £247,000 on the 28th July 2025.
Read more about house prices in TA23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 5, Penny Lea, Watchet as the 7th largest and the 8th most expensive of the 9 addresses on Penny Lea, Watchet, TA23.
Against the TA23 postcode district average, it is £3k more expensive than the typical property.
Taunton station is the nearest stop to 5, Penny Lea, Watchet at 23.0 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast 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, Penny Lea, Watchet, 53.2% of property is privately owned outright and 27.7% 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, Penny Lea, Watchet, 11.7% of residents are recorded as possessing school level qualifications and 22.2% 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, Penny Lea, Watchet, the average age was 48.9 and the most common age was 67.
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, Penny Lea, Watchet, 0.9% 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, Penny Lea, Watchet, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
