According to the public record, 16, Manning Close, Wells is a mid-century freehold house with 613 ft2 of internal area and sits on a 323 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Manning Close, Wells, BA5 is located in the borough of Mendip within the BA5 postal district.
16, Manning Close, Wells has a single entry in the Land Registry database from February 2008 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Manning Close Wells as £288,322 and the rental value as £970 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 16 Manning Close Wells has decreased by £1,456 (0.5%) and its rental value has increased by £63 per month (6.5%).
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 16, Manning Close, Wells is in very good condition we estimate a sale value of £302,738 and rental value of £1,018 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,139 and a rental value of £902 per month.
If you were able to purchase this property for the estimated value of £288,322, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,417 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 data from HM Land Registry, 16, Manning Close, Wells sits on a plot of 323m2.
We have plot size data on 11 out of 20 other houses in the postcode and 16, Manning Close, Wells sits on the 6th largest plot.
According to HM Land Registry, 16, Manning Close, Wells was last sold on 05 Feb 2008 for £180,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2008, the market for similar properties has risen 54.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Manning Close, Wells within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 10, Barkham Close, Wells, BA5 2XU, a Freehold house which sold for £327,000 in Nov 2023.
Read more about house prices in BA5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Manning Close, Wells, BA5 has a total of 20 addresses. According to our analysis of all the public data, 16, Manning Close, Wells is the 14th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in BA5.
16, Manning Close, Wells has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 16, Manning Close, Wells is Castle Cary station which is 14.8 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 16, Manning Close, Wells, 60.5% of property is privately owned outright and 23.1% 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 16, Manning Close, Wells, 12.1% of residents are recorded as possessing school level qualifications and 38.7% 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 16, Manning Close, Wells, the average age was 48.2 and the most common age was 72.
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 16, Manning Close, Wells, 2.4% 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 16, Manning Close, Wells, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.