16 Knowle Lane, Wookey, Wells, BA5 1LB is a freehold terraced property built between 1900-1929. The property offers approximately 1,550 square feet of living space. In this location, properties of similar size usually have five bedrooms.

The estimated current market value of the property is £262,963 , which equates to approximately £170 per square foot. It was last sold on 12 Apr 2022 for £250,000. Since then, the value has increased by £12,963, representing a 5.2% increase, or approximately 1.4% per year.

The current estimated value of £262,963 is:

  • 35.4% lower than the average property price on Knowle Lane
  • 35.7% lower than the average in the BA5 1LB postcode area
  • and 28.5% lower than the average price for Wells as a whole

At the most recent EPC inspection on 28 May 2024, the property was recorded as owner-occupied.

View sold house prices in BA5 1LB

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
1550 sq ft
Tenure
Freehold
Price (estimate)
£262,963
Price Per sq ft (estimate)
£170
Bedroom Count (estimate)
5 bedrooms

EPC Summary

16 Knowle Lane, Wookey, Wells, Mendip, Somerset, BA5 1LB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 May 2024.

This property uses an electric air source heat pump with underfloor heating and radiators as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Aug 2019, when the property was rated F. Since then, the rating has improved to C, with the energy efficiency score increasing by 115.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, dual fuel (mineral and wood) to air source heat pump, underfloor, electric, air source heat pump, radiators, electric, improving energy efficiency from poor to good.
  • The hot water energy efficiency changing from poor to very poor, while the system remained as from main system.
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Air source heat pump, underfloor, electric, Air source heat pump, radiators, electric
Good
Hot Water
From main system
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BA5 1LB

15 th / 19
Price Rank
36% lower than average
5 th / 16
Size Rank
32% bigger than average
16 th / 16
Price Per Sq FT Rank
51% lower than average

Compared to other properties in BA5 1LB , this house's estimated value ranks 15th out of 19. Based on price per square foot, it ranks 16th out of 16 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 5th out of 16 properties in its postcode area.

Sale History

Today
£262,963
streetscan.co.uk estimate
+5 %
12 Apr 2022
£250,000
Leasehold

Area Insights

Nearby Properties

17 Knowle Lane, Wookey, Wells, BA5 1LB
rooms: 3
size: 744 sq ft
sale price: £205,000
sale date: 3 Mar 2020
20 Knowle Lane, Wookey, Wells, BA5 1LB
rooms: 4
size: 840 sq ft
sale price: £210,000
sale date: 28 Aug 2015
23 Knowle Lane, Wookey, Wells, BA5 1LB
rooms: 3
size: 484 sq ft
sale price: £170,000
sale date: 14 Mar 2014
28 Knowle Lane, Wookey, Wells, BA5 1LB
rooms: 6
size: 1119 sq ft
sale price: £285,000
sale date: 16 Apr 2021
4 Knowle Lane, Wookey, Wells, BA5 1LB
rooms: 2
size: 667 sq ft
sale price: £138,000
sale date: 29 Mar 2016

Data Sources

The property at 16 Knowle Lane, Wookey, Wells, Mendip, Somerset, BA5 1LB appears once in the Land Registry records, with the transaction recorded on 12 Apr 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 May 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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