House Prices in BA5 House Prices in BA5 (Wells)

The average house price in BA5 (Wells) is £474,187 using HM Land Registry data.

The average property price increased by £41,578 (10.55%) over the last 5 years and increased by £8,312 (1.94%) over the last 12 months.

Over the last year, there were 239 residential property sales – a decrease of 131 transactions (-54.81%) relative to the previous year. The majority of house sales (66) were in the £278,000 - £376,000 range. Then came properties in the £180,000 - £278,000 range, where 49 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 128 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,116 (-3%).

In Jun 2026, there were 49 new estate agency instructions, 46 agreed home sales and 57 property price reductions.

5-Year Average Property Prices in BA5 (Wells)

10.55%

Property prices in BA5 (Wells) increased by 10.55% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in BA5 (Wells) Over the Last Year

1.94%

Property prices in BA5 (Wells) increased by 1.94% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for BA5 (Wells) - Jun 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in BA5 (Wells)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in BA5 (Wells)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in BA5 (Wells)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the BA5 (Wells) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BA5 postcode area since 1995.

Recent Sales in BA5 (Wells)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
46 North Road, Wells, BA5 2TL£995,000£980,000-£15,00026 Aug 202517 Apr 2026234 Days
4 High Street, Wookey, Wells, BA5 1JZ£340,000£335,000-£5,00019 May 202517 Apr 2026333 Days
Apartment 21, St Athelm Lodge, West Street, Wells, BA5 2GW£199,950£190,000-£9,95014 May 202515 Apr 2026336 Days
3 Ash Lane, Wells, BA5 2LT£365,000£351,000-£14,00009 Jun 202510 Apr 2026305 Days
5 Merchants House, Penn Place, Carlton Mews, Wells, BA5 1DS£500,000£500,000£018 Jan 202609 Apr 202681 Days
Solomon Coombe, Green Hill, Priddy, Wells, BA5 3BE£599,950£585,000-£14,95030 Apr 202508 Apr 2026343 Days
1 Southover, Wells, BA5 1UG£550,000£535,000-£15,00023 May 202507 Apr 2026319 Days
22 Mullins Close, Wells, BA5 2EX£325,000£317,500-£7,50026 Dec 202502 Apr 202697 Days
7 Church Road, Coxley, Wells, BA5 1RJ£300,000£294,000-£6,00024 Jul 202530 Mar 2026249 Days
9 Ben Knowle Hill Close, Haybridge, Wells, BA5 1GX£330,000£305,000-£25,00025 Apr 202530 Mar 2026339 Days
35a, Ash Lane, Wells, BA5 2LR£735,000£730,000-£5,00017 Dec 202527 Mar 2026100 Days
1 Nettle Combe House, Gilbert Scott Road, South Horrington Village, Wells, BA5 3HJ£229,950£227,000-£2,95016 May 202527 Mar 2026315 Days
8 Abbey Close, Wookey, Wells, BA5 1LF£635,000£605,000-£30,00027 Feb 202627 Mar 202628 Days
48 Knight Road, Wells, BA5 1FT£315,000£305,000-£10,00028 May 202520 Mar 2026296 Days
2 The Cloisters, Wells, BA5 1SA£250,000£245,000-£5,00026 Nov 202519 Mar 2026113 Days
17 Ebbor Gorge Road, Haybridge, Wells, BA5 1GP£365,000£362,500-£2,50018 Aug 202518 Mar 2026212 Days
Flat 10, Mondyes Court, Milton Lane, Wells, BA5 2QX£167,500£165,000-£2,50020 Oct 202516 Mar 2026147 Days
2 Nettle Combe House, Gilbert Scott Road, South Horrington Village, Wells, BA5 3HJ£229,950£220,000-£9,95029 Jul 202513 Mar 2026227 Days
20 Mary Road, Wells, BA5 2NF£440,000£440,000£026 Jan 202606 Mar 202639 Days
2 Wellsway, Main Road, Coxley, Wells, BA5 1FR£320,000£315,000-£5,00008 Aug 202506 Mar 2026210 Days

Most Expensive Streets in BA5 (Wells)

PostcodeStreetAreaAverageNo. of Sales
BA5 2LRAsh LaneWells£1,013,7504
BA5 3RBThrupe Lane, CroscombeWells£952,0003
BA5 3BAPelting Drove, PriddyWells£950,3333
BA5 3PZUpper Wellesley Road, DulcoteWells£936,7503
BA5 2TJNorth RoadWells£876,6663
BA5 2QSMilton LaneWells£873,3333
BA5 3DPOld Frome Road, East HorringtonWells£870,0003
BA5 3PEChurch Street, DinderWells£811,5873
BA5 2LSAsh LaneWells£733,3333
BA5 2UXSt Thomas StreetWells£730,7605

Least Expensive Streets in BA5 (Wells)

PostcodeStreetAreaAverageNo. of Sales
BA5 1SHHomechime House, Priory RoadWells£102,86920
BA5 1URPalace CourtWells£112,42313
BA5 2GDWelsh CourtWells£132,5005
BA5 2DTPrinces RoadWells£139,9833
BA5 2LLSheldon MillWells£161,33110
BA5 1DJAlfred Court, Gate LaneWells£164,0007
BA5 2LGFive Acre RoadWells£169,2484
BA5 2XXSt Andrews Court, Woodbury AvenueWells£170,0805
BA5 3AFKings Castle Court, Bath RoadWells£178,1254
BA5 2QXMondyes Court, Milton LaneWells£180,47623

Explore BA5 (Wells) using map

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