Lower Ley, Watchet
Lower Ley, Watchet
Description & Estimates
According to the public record, Lower Ley, Watchet is a mid-century house with 1,485 ft2 of internal area and sits on a 4,531 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Lower Ley, Watchet is £280,395 and the estimated rental value is £1,434 per month.
Luxborough, Watchet, TA23 is located within the TA23 postal district.
Our Data Sources
Lower Ley, Watchet has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
We combine this information with public data 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.
Price Range & Condition
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 Lower Ley, Watchet is in very good condition we estimate a sale value of £294,414 and a rental value of £1,505 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,767 and a rental value of £1,333 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Lower Ley, Watchet has dropped by £4,281 (1.5%), while its estimated rental value has risen by £44 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Plot Size
According to data from HM Land Registry, Lower Ley, Watchet sits on a plot of 4,531 m2.
We have plot size data on 6 out of 7 other houses in the postcode and Lower Ley, Watchet sits on the 3rd largest plot.
Energy Efficiency
Lower Ley, Watchet has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Ground source heat pump, radiators, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lower Ley, Watchet within a radius of 6.4 kilometres over the last 2 years.
The most recent example is 3 Cogan Cottages, West Street, Minehead, TA24 6PU, a freehold house which sold for £335,000 on the 29th January 2024.
Read more about house prices in TA23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Luxborough, Watchet, TA23 has a total of 90 addresses. According to our analysis of all the public data, Lower Ley, Watchet is the 39th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in TA23.
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Schools Nearby
- 3.8kmTimberscombe Church of England First School
- 4.4kmCutcombe Church of England First School
- 5.5kmDunster First School
- 6.6kmWest Somerset College
- 15.8kmKingsmead Academy
- 24.5kmCourt Fields School
More reading links
Public Transport Nearby
The closest station to Lower Ley, Watchet is Tiverton Parkway station, which is 25.7 kilometres away.
- 25.7kmTiverton Parkway
- 28.9kmTaunton
- 29.1kmRhoose Cardiff International Airport
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
