4 Elm Close, Wells, BA5 1LZ is a freehold detached property built between 1950-1966. The property offers approximately 980 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £348,536 , which equates to approximately £356 per square foot. It was last sold on 22 Sep 2016 for £255,000. Since then, the value has increased by £93,536, representing a 36.7% increase, or approximately 4.0% per year.

The current estimated value of £348,536 is:

  • 21.0% lower than the average property price on Elm Close
  • 24.9% lower than the average in the BA5 1LZ postcode area
  • and 5.2% lower than the average price for Wells as a whole

At the most recent EPC inspection on 22 September 2015, the property was recorded as owner-occupied.

View sold house prices in BA5 1LZ

Building approximate location

About Property

Type
Detached Bungalow
Built
1950-1966
Interior Size
980 sq ft
Tenure
Freehold
Price (estimate)
£348,536
Price Per sq ft (estimate)
£356
Bedroom Count (estimate)
3 bedrooms

EPC Summary

4 Elm Close, Wells, Mendip, Somerset, BA5 1LZ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 22 Sep 2015.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are mostly double glazed.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 270 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Mostly double glazing
Good
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to BA5 1LZ

21 st / 22
Price Rank
25% lower than average
13 th / 18
Size Rank
21% smaller than average
14 th / 18
Price Per Sq FT Rank
5% lower than average

Compared to other properties in BA5 1LZ , this bungalow's estimated value ranks 21th out of 22. Based on price per square foot, it ranks 14th out of 18 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 13th out of 18 properties in its postcode area.

Sale History

Today
£348,536
streetscan.co.uk estimate
+37 %
22 Sep 2016
£255,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1098 sq ft
sale price: £470,000
sale date: 24 Aug 2022
rooms: 5
size: 915 sq ft
sale price: £305,000
sale date: 16 Apr 2021
rooms: 5
size: 1098 sq ft
sale price: £410,000
sale date: 30 Jun 2016
rooms: 5
size: 904 sq ft
sale price: £270,000
sale date: 12 Feb 2016
rooms: 5
size: 1025 sq ft
sale price: £285,000
sale date: 19 Dec 2014

Data Sources

The property at 4 Elm Close, Wells, Mendip, Somerset, BA5 1LZ appears once in the Land Registry records, with the transaction recorded on 22 Sep 2016. It also has a single Energy Performance Certificate (EPC) from 22 Sep 2015. 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.