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According to the public record, 8, Doddrells Close, Wells is a modern leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Doddrells Close, Wells is £227,812 and the estimated rental value is £945 per month.
Doddrells Close, Wells, BA5 is located within the BA5 postal district.
8, Doddrells Close, Wells has 2 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated June 2019.
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.
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 8, Doddrells Close, Wells is in very good condition we estimate a sale value of £239,202 and a rental value of £992 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,865 and a rental value of £879 per month.
Over the last 12 months the sale value of 8 Doddrells Close Wells has decreased by an estimated £2,689 (1.2%) and its rental value has increased by an estimated £36 per month (3.8%), giving an expected gross yield of 5%.
8, Doddrells Close, Wells has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Doddrells Close, Wells was last sold on 25th January 2024 for £242,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2024, the market for similar properties has dropped 20.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 8, Doddrells Close, Wells within a radius of 950 metres over the last 2 years.
The most recent example is 3 Beech Hill House, Milton Lane, Wells, BA5 2QT, a leasehold flat which sold for £228,000 on the 24th January 2020.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Doddrells Close, Wells, BA5 has a total of 22 addresses. According to our analysis of all the public data, 8, Doddrells Close, Wells is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in BA5.
The closest station to 8, Doddrells Close, Wells is Castle Cary station which is 16.3 kilometres away.
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 8, Doddrells Close, Wells, % of property is and % is .
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 8, Doddrells Close, Wells, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 8, Doddrells Close, Wells, 0.0% 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 8, Doddrells Close, Wells, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.