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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 Smithy, Wells is a period freehold house with 1,313 ft2 of internal area and sits on a 222 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 The Old Smithy, Wells is £433,923 and the estimated rental value is £1,412 per month.
The Batch, Bleadney, Wells, BA5 is located within the BA5 postal district.
The Old Smithy, Wells has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated May 2016.
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 The Old Smithy, Wells is in very good condition we estimate a sale value of £455,619 and a rental value of £1,483 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £403,549 and a rental value of £1,313 per month.
Over the last 12 months the sale value of The Old Smithy Wells has decreased by an estimated £12,127 (2.8%) and its rental value has increased by an estimated £24 per month (1.7%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, The Old Smithy, Wells sits on a plot of 222m2.
We have plot size data on 4 out of 7 other houses in the postcode and The Old Smithy, Wells sits on the 4th largest plot.
The Old Smithy, Wells has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 May 2016.
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 Smithy, Wells was last sold on 17th December 2021 for £425,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has dropped 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Old Smithy, Wells within a radius of 4.8 kilometres over the last 2 years.
The most recent example is Ridgemere, The Batch, Wells, BA5 1PG, a freehold house which sold for £400,000 on the 25th January 2021.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Batch, Bleadney, Wells, BA5 has a total of 7 addresses. According to our analysis of all the public data, The Old Smithy, Wells is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in BA5.
The closest station to The Old Smithy, Wells is Highbridge & Burnham station which is 16.1 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 The Old Smithy, 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 Smithy, 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 Smithy, 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 Smithy, 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 Smithy, 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.
