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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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According to the public record, The Old Mill, Wells is a period freehold house with 3,078 ft2 of internal area and sits on a 1,506 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for The Old Mill, Wells is £739,755 and the estimated rental value is £1,783 per month.
Bleadney, Wells, BA5 is located within the BA5 postal district.
The Old Mill, Wells has 51 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated April 2023.
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 The Old Mill, Wells is in very good condition we estimate a sale value of £776,742 and a rental value of £1,872 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £687,972 and a rental value of £1,658 per month.
Over the last 12 months the sale value of The Old Mill Wells has decreased by an estimated £29,679 (4.0%) and its rental value has increased by an estimated £14 per month (0.8%), giving an expected gross yield of 2.9%.
According to data from HM Land Registry, The Old Mill, Wells sits on a plot of 1506m2.
We have plot size data on 17 out of 26 other houses in the postcode and The Old Mill, Wells sits on the 3rd largest plot.
The Old Mill, Wells has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, The Old Mill, Wells was last sold on 24th October 2024 for £815,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since October 2024, the market for similar properties has dropped 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Old Mill, Wells within a radius of 4.8 kilometres over the last 2 years.
The most recent example is The Leaze, Bagley Lane, Wells, BA5 1PQ, a freehold house which sold for £1,014,000 on the 27th October 2023.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bleadney, Wells, BA5 has a total of 26 addresses. According to our analysis of all the public data, The Old Mill, Wells is the 2nd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £380k more expensive than the average property in BA5.
The closest station to The Old Mill, Wells is Highbridge & Burnham station which is 16.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 The Old Mill, Wells, 57.0% of property is privately owned outright and 32.6% 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 The Old Mill, Wells, 12.9% of residents are recorded as possessing school level qualifications and 44.5% 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 The Old Mill, Wells, the average age was 46.1 and the most common age was 57.
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 The Old Mill, Wells, 1.1% 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 The Old Mill, Wells, there are an average of 2.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
