According to the public record, Little Paddock, Wells is a mid-century freehold house and with 1,679 ft2 of internal area and sits on a 783 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
West Horrington, Wells, BA5 is located in the borough of Mendip within the BA5 postal district.
Little Paddock, Wells has 31 entries in the Land Registry database, most recently in March 2020 and a single entry in the EPC database dated January 2019.
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 Little Paddock Wells as £552,593 and the rental value as £1,428 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of Little Paddock Wells has decreased by £10,774 (1.9%) and its rental value has increased by £69 per month (4.8%).
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 Little Paddock, Wells is in very good condition we estimate a sale value of £580,222 and rental value of £1,499 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £513,911 and a rental value of £1,328 per month.
If you were able to purchase this property for the estimated value of £552,593, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,716 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, Little Paddock, Wells sits on a plot of 783m2.
We have plot size data on 32 out of 55 other houses in the postcode and Little Paddock, Wells sits on the 16th largest plot.
According to HM Land Registry, Little Paddock, Wells was last sold on 27 Mar 2020 for £510,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2020, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Little Paddock, Wells within a radius of 224m over the last 2 years.
The most recent example is Beech Cottage, Wells, BA5 3ED, a Freehold house which sold for £420,000 in Apr 2016.
Read more about house prices in BA5.
West Horrington, Wells, BA5 has a total of 58 addresses. According to our analysis of all the public data, Little Paddock, Wells is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £194k more expensive than the average property in BA5.
Little Paddock, Wells has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 23 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Little Paddock, Wells is Castle Cary station which is 15.4 km 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 Little Paddock, 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 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 Little Paddock, 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 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 Little Paddock, 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 Little Paddock, 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 Little Paddock, 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.