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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
According to the public record, Park Cottage, Wells is a period freehold house with 1,528 ft2 of internal area and sits on a 1,293 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 Park Cottage, Wells is £1,022,442 and the estimated rental value is £2,461 per month.
Islington, Wells, BA5 is located within the BA5 postal district.
Park Cottage, Wells has 3 entries in the Land Registry , most recently in November 2019 and a single entry in the EPC database dated August 2019.
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 Park Cottage, Wells is in very good condition we estimate a sale value of £1,073,564 and a rental value of £2,584 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £950,871 and a rental value of £2,289 per month.
Over the last 12 months the sale value of Park Cottage Wells has decreased by an estimated £28,148 (2.8%) and its rental value has increased by an estimated £37 per month (1.5%), giving an expected gross yield of 2.9%.
According to data from HM Land Registry, Park Cottage, Wells sits on a plot of 1293m2.
We have plot size data on 2 out of 3 other houses in the postcode and Park Cottage, Wells sits on the largest plot.
Park Cottage, Wells has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Aug 2019.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Park Cottage, Wells was last sold on 1st November 2019 for £875,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2019, the market for similar properties has risen 26.5%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Park Cottage, Wells within a radius of 780 metres over the last 2 years.
The most recent example is 8, Lovers Walk, Wells, BA5 2QL, a freehold house which sold for £810,000 on the 7th December 2016.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Islington, Wells, BA5 has a total of 3 addresses. According to our analysis of all the public data, Park Cottage, Wells is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £661k more expensive than the average property in BA5.
The closest station to Park Cottage, Wells is Castle Cary station which is 14.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Park Cottage, Wells, 48.6% of property is privately owned outright and 33.7% is privately rented.
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 Park Cottage, Wells, 3.6% of residents are recorded as possessing school level qualifications and 47.6% 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 Park Cottage, Wells, the average age was 48.2 and the most common age was 72.
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 Park Cottage, Wells, 3.5% 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 Park Cottage, Wells, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.
