Flat 27, Palace Court Silver Street, Wells, BA5 1UR is a leasehold flat built between 1983-1990. The property offers approximately 474 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £99,083 , which equates to approximately £209 per square foot. It was last sold on 16 Mar 2022 for £99,500. Since then, the value has decreased by £417, representing a 0.4% decrease, or approximately 0.1% per year.

The current estimated value of £99,083 is:

  • 52.1% lower than the average property price on Silver Street
  • 14.7% lower than the average in the BA5 1UR postcode area
  • and 73.0% lower than the average price for Wells as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. 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 30 July 2021, the property was recorded as owner-occupied.

View sold house prices in BA5 1UR

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£99,083
Price Per sq ft (estimate)
£209
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 27, 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 30 Jul 2021.

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 25 Jul 2011. The rating of C remains the same, but the energy efficiency score improved by 4.2%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 270 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 11% of fixed outlets to low energy lighting in 38% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 270 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 38% of fixed outlets
Average

Compared to BA5 1UR

10 th / 24
Price Rank
15% lower than average
9 th / 23
Size Rank
2% smaller than average
9 th / 23
Price Per Sq FT Rank
13% lower than average

Compared to other properties in BA5 1UR , this flat's estimated value ranks 10th out of 24. Based on price per square foot, it ranks 9th out of 23 properties. In terms of size, this home ranks 9th out of 23 properties in its postcode area.

Sale History

Today
£99,083
streetscan.co.uk estimate
-0 %
16 Mar 2022
£99,500
Leasehold
-0.5 %
22 Aug 2007
£99,950
Leasehold
+6.3 %
23 Mar 2006
£94,000
Leasehold
+69.4 %
28 Sep 2001
£55,500
Leasehold
+42.3 %
17 Nov 1997
£39,000
Leasehold
+20 %
31 Mar 1995
£32,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 431 sq ft
sale price: £94,500
sale date: 25 Apr 2025
rooms: 2
size: 463 sq ft
sale price: £119,500
sale date: 6 Nov 2024
rooms: 2
size: 441 sq ft
sale price: £115,000
sale date: 19 Dec 2023
rooms: 2
size: 452 sq ft
sale price: £110,000
sale date: 14 Nov 2022
rooms: 3
size: 538 sq ft
sale price: £125,000
sale date: 1 Mar 2022

Data Sources

The property at Flat 27, Palace Court Silver Street, Wells, BA5 1UR appears six times in the Land Registry records, with the latest transaction recorded on 16 Mar 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Jul 2021. 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.