According to the public record, 5 The Mews, Wells is a modern freehold house with 1,377 ft2 of internal area and sits on a 137 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Bath Road, Wells, BA5 is located in the borough of Mendip within the BA5 postal district.
5 The Mews, Wells has a single entry in the Land Registry database from August 2013 and a single entry in the EPC database dated April 2023.
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 5 The Mews Wells as £512,578 and the rental value as £1,323 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 5 The Mews Wells has decreased by £10,565 (2.1%) and its rental value has increased by £64 per month (4.9%).
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 5 The Mews, Wells is in very good condition we estimate a sale value of £538,207 and rental value of £1,389 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £476,698 and a rental value of £1,230 per month.
If you were able to purchase this property for the estimated value of £512,578, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,519 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, 5 The Mews, Wells sits on a plot of 137m2.
We have plot size data on 14 out of 14 other houses in the postcode and 5 The Mews, Wells sits on the 3rd largest plot.
According to HM Land Registry, 5 The Mews, Wells was last sold on 02 Aug 2013 for £320,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2013, the market for similar properties has risen 50.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 The Mews, Wells within a radius of 940 metres over the last 2 years.
The most recent example is 3 Bath Court, Bath Road, Wells, BA5 3FA, a Freehold house which sold for £425,000 in Jun 2021.
Read more about house prices in BA5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bath Road, Wells, BA5 has a total of 155 addresses. According to our analysis of all the public data, 5 The Mews, Wells is the 41st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £154k more expensive than the average property in BA5.
5 The Mews, Wells has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 5 The Mews, Wells is Castle Cary station which is 14.9 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 5 The Mews, 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 5 The Mews, 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 5 The Mews, 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 5 The Mews, 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 5 The Mews, 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.