Flat 16, Palace Court Silver Street, Wells, BA5 1UR is a leasehold flat built between 1996-2002. The property offers approximately 614 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £134,769 , which equates to approximately £220 per square foot. It was last sold on 9 Dec 2013 for £96,750. Since then, the value has increased by £38,019, representing a 39.3% increase, or approximately 3.3% per year.

The current estimated value of £134,769 is:

  • 34.8% lower than the average property price on Silver Street
  • 16.0% higher than the average in the BA5 1UR postcode area
  • and 63.3% lower than the average price for Wells as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (4 out of 4 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 27 February 2025, the property was recorded as owner-occupied.

View sold house prices in BA5 1UR

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
614 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£134,769
Price Per sq ft (estimate)
£220
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 16, Palace Court Silver Street, Wells, Mendip, Somerset, BA5 1UR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 Feb 2025.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, 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 4 Jul 2012. The rating of C remains the same, but the energy efficiency score improved by 9.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 150 mm loft insulation to (another dwelling above), changing energy efficiency from good to n/a.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in 57% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to BA5 1UR

14 th / 24
Price Rank
16% higher than average
2 nd / 23
Size Rank
27% bigger than average
23 rd / 23
Price Per Sq FT Rank
9% lower than average

Compared to other properties in BA5 1UR , this flat's estimated value ranks 14th out of 24. Based on price per square foot, it ranks 23th out of 23 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 2nd out of 23 properties in its postcode area.

Sale History

Today
£134,769
streetscan.co.uk estimate
+39 %
9 Dec 2013
£96,750
Leasehold
-12 %
16 Dec 2009
£110,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 560 sq ft
sale price: £140,000
sale date: 22 Sep 2025
rooms: 4
size: 640 sq ft
sale price: £128,000
sale date: 17 Jun 2022
rooms: 3
size: 538 sq ft
sale price: £125,000
sale date: 1 Mar 2022
rooms: 3
size: 538 sq ft
sale price: £112,000
sale date: 6 Aug 2021
rooms: 3
size: 538 sq ft
sale price: £122,000
sale date: 4 Apr 2017

Data Sources

The property at Flat 16, Palace Court Silver Street, Wells, BA5 1UR appears two times in the Land Registry records, with the latest transaction recorded on 9 Dec 2013. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Feb 2025. 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.