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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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Walnut Tree House, Wells is described in the public record as a modern house with 1,808 ft2 of internal area, sitting on a 1,053 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Walnut Tree House, Wells is £584,030 and its rental estimate is £1,454 per month, given the available information and assuming reasonable condition.
West Horrington, Wells, BA5 falls within the BA5 postal district.
Walnut Tree House, Wells has no records in the the Land Registry and a single entry in the EPC database dated November 2015.
We combine this information with public data 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 Walnut Tree House, Wells, we estimate a market value of £613,231 and a rental value of £1,527 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £543,148 and £1,352 per month respectively.
Over the last year, Walnut Tree House, Wells has seen its estimated sale value decrease by £16,079 (2.8%) and its estimated rental value grow by £22 per month (1.5%). This results in an estimated gross rental yield of 3.0%.
HM Land Registry records the plot of land for Walnut Tree House, Wells as measuring 1,053 m2.
That makes it the 11th largest plot in the postcode, where 36 of the 54 other houses have recorded plot data.
Walnut Tree House, Wells has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Nov 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating and radiators, pipes in insulated timber floor, electric.
Over the past 2 years 3 properties similar to Walnut Tree House, Wells have sold within a radius of 2.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th June 2024, was 1, New Close, Wells, BA5 3EE, a freehold house which sold for £553,000.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 57 addresses on West Horrington, Wells, BA5, Walnut Tree House, Wells comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £223k more expensive than the average property across the BA5 district.
From Walnut Tree House, Wells, the nearest station is Castle Cary, 15.4 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none 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 Walnut Tree House, Wells, 53.6% of property is privately owned outright and 25.8% 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 Walnut Tree House, Wells, 12.2% of residents are recorded as possessing school level qualifications and 39.4% 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 Walnut Tree House, Wells, the average age was 46.2 and the most common age was 52.
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 Walnut Tree House, Wells, 1.3% 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 Walnut Tree House, Wells, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
