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Tor Barn, Wells is recorded publicly as a modern freehold house across 1,905 ft2 of internal area, sitting on a 1,230 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Tor Barn, Wells is £894,470 and its rental estimate is £2,015 per month, given the available information and assuming reasonable condition.
Lower Godney, Wells, BA5 falls within the BA5 postal district.
Tor Barn, Wells has 31 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated February 2018.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Tor Barn, Wells, we estimate a market value of £939,194 and a rental value of £2,116 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £831,857 and £1,874 per month respectively.
Over the last year, Tor Barn, Wells has seen its estimated sale value decline by £38,493 (4.3%) and its estimated rental value climb by £13 per month (0.6%). This results in an estimated gross rental yield of 2.7%.
HM Land Registry records the plot of land for Tor Barn, Wells as measuring 1,230 m2.
That makes it the 12th largest plot in the postcode, where 29 of the 55 other houses have recorded plot data.
Tor Barn, Wells has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Feb 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of Tor Barn, Wells completed on 9th October 2020 at £545,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 5.3% over the period since October 2020.
Over the past 2 years 3 properties similar to Tor Barn, Wells have sold within a radius of 4.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th October 2023, was Bottom Barn, Wells, BA5 1PN, a freehold house which sold for £753,000.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 59 addresses on Lower Godney, Wells, BA5, Tor Barn, Wells comes out as the 10th largest and the 3rd most expensive in our analysis of the public data.
It is also £533k more expensive than the average property across the BA5 district.
From Tor Barn, Wells, the nearest station is Highbridge & Burnham, 15.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Tor Barn, Wells, 53.7% of property is privately owned outright and 25.3% 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 Tor Barn, Wells, 20.5% of residents are recorded as possessing school level qualifications and 47.9% 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 Tor Barn, Wells, the average age was 41.9 and the most common age was 17.
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 Tor Barn, 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 Tor Barn, Wells, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.