According to the public record, 1 Barrow House Farm, Wells is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,080 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Panborough, Wells, BA5 is located in the borough of Sedgemoor within the BA5 postal district.
1 Barrow House Farm, Wells has 21 entries in the Land Registry database, most recently in October 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Barrow House Farm Wells as £517,485 and the rental value as £1,112 per month giving an expected gross yield of 2.6%.
Over the last 12 months the sale value of 1 Barrow House Farm Wells has decreased by £9,576 (1.9%) and its rental value has increased by £59 per month (5.3%).
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 1 Barrow House Farm, Wells is in very good condition we estimate a sale value of £543,359 and rental value of £1,167 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £481,261 and a rental value of £1,034 per month.
If you were able to purchase this property for the estimated value of £517,485, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,543 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1 Barrow House Farm, Wells was last sold on 11 Oct 2019 for £350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2019, the market for similar properties has risen 18.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Barrow House Farm, Wells within a radius of 4.5 kilometres over the last 2 years.
The most recent example is Pax, Wells, BA5 1PF, a Freehold house which sold for £395,000 in Feb 2022.
Read more about house prices in BA5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Panborough, Wells, BA5 has a total of 27 addresses. According to our analysis of all the public data, 1 Barrow House Farm, Wells is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £159k more expensive than the average property in BA5.
The closest station to 1 Barrow House Farm, Wells is Highbridge & Burnham station which is 15.0 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 1 Barrow House Farm, Wells, 49.3% of property is privately owned outright and 36.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1 Barrow House Farm, Wells, 16.2% of residents are recorded as possessing school level qualifications and 43.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Barrow House Farm, Wells, the average age was 47.9 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 1 Barrow House Farm, Wells, 1.9% 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 1 Barrow House Farm, 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.