You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Wells

Wells House Prices

The average house price in Wells is £325,000 using HM Land Registry data.

The average property price increased by £28,221 (8.24%) over the last 5 years and increased by £5,641 (1.55%) over the last 12 months.

Over the last year, there were 161 residential property sales – a decrease of 117 transactions (-72.67%) relative to the previous year. The majority of house sales (45) were in the £262,000 - £354,000 range. Then came properties in the £170,000 - £262,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 127 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,965 (-3%).

In Jul 2026, there were new estate agency instructions, agreed home sales and property price reductions.

5-Year Average Property Prices in Wells

8.24%

Property prices in Wells increased by 8.24% 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 Wells Over the Last Year

1.55%

Property prices in Wells increased by 1.55% 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.

Property Market Heat Gauge for Wells - Jul 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 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 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 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 Wells since 1995

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

Recent Property Sales in Wells

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
46 North Road, Wells, BA5 2TL	£995,000	£980,000	-£15,000	26 Aug 2025	17 Apr 2026	234 Days
Apartment 21, St Athelm Lodge, West Street, Wells, BA5 2GW	£199,950	£190,000	-£9,950	14 May 2025	15 Apr 2026	336 Days
3 Ash Lane, Wells, BA5 2LT	£365,000	£351,000	-£14,000	09 Jun 2025	10 Apr 2026	305 Days
5 Merchants House, Penn Place, Carlton Mews, Wells, BA5 1DS	£500,000	£500,000	£0	18 Jan 2026	09 Apr 2026	81 Days
1 Southover, Wells, BA5 1UG	£550,000	£535,000	-£15,000	23 May 2025	07 Apr 2026	319 Days
22 Mullins Close, Wells, BA5 2EX	£325,000	£317,500	-£7,500	26 Dec 2025	02 Apr 2026	97 Days
9 Ben Knowle Hill Close, Haybridge, Wells, BA5 1GX	£330,000	£305,000	-£25,000	25 Apr 2025	30 Mar 2026	339 Days
35a, Ash Lane, Wells, BA5 2LR	£735,000	£730,000	-£5,000	17 Dec 2025	27 Mar 2026	100 Days
48 Knight Road, Wells, BA5 1FT	£315,000	£305,000	-£10,000	28 May 2025	20 Mar 2026	296 Days
2 The Cloisters, Wells, BA5 1SA	£250,000	£245,000	-£5,000	26 Nov 2025	19 Mar 2026	113 Days
17 Ebbor Gorge Road, Haybridge, Wells, BA5 1GP	£365,000	£362,500	-£2,500	18 Aug 2025	18 Mar 2026	212 Days
Flat 10, Mondyes Court, Milton Lane, Wells, BA5 2QX	£167,500	£165,000	-£2,500	20 Oct 2025	16 Mar 2026	147 Days
20 Mary Road, Wells, BA5 2NF	£440,000	£440,000	£0	26 Jan 2026	06 Mar 2026	39 Days
9 Manning Close, Wells, BA5 2XT	£300,000	£300,000	£0	21 Aug 2025	27 Feb 2026	190 Days
Flat 1, 20, High Street, Wells, BA5 2SG	£175,000	£175,000	£0	09 Jun 2025	27 Feb 2026	263 Days
6 Stoberry Crescent, Wells, BA5 2TG	£415,000	£397,500	-£17,500	24 Sep 2025	27 Feb 2026	156 Days
41 Balch Road, Wells, BA5 2BY	£330,000	£330,000	£0	09 May 2025	27 Feb 2026	294 Days
3 Everett Close, Wells, BA5 3JG	£279,950	£272,000	-£7,950	24 Sep 2025	27 Feb 2026	156 Days
20 Sheldon Drive, Wells, BA5 2HB	£200,000	£190,000	-£10,000	09 Jul 2025	26 Feb 2026	232 Days
54 Keward Avenue, Wells, BA5 1TS	£365,000	£360,000	-£5,000	19 May 2025	23 Feb 2026	280 Days

Most Expensive Streets in Wells

Postcode	Street	Area	Average	No. of Sales
BA5 2LR	Ash Lane	Wells	£1,013,750	4
BA5 2TJ	North Road	Wells	£876,666	3
BA5 2QS	Milton Lane	Wells	£873,333	3
BA5 2LS	Ash Lane	Wells	£733,333	3
BA5 2UX	St Thomas Street	Wells	£730,760	5
BA5 2QT	Milton Lane	Wells	£690,166	3
BA5 2LU	Ash Lane	Wells	£675,000	3
BA5 2LN	Cherry Orchard Drive	Wells	£650,000	3
BA5 2PE	Chamberlain Street	Wells	£640,000	3
BA5 2NQ	Wookey Hole Road	Wells	£637,500	4

Least Expensive Streets in Wells

Postcode	Street	Area	Average	No. of Sales
BA5 1SH	Homechime House	Priory Road	£102,869	20
BA5 1UR	Palace Court	Wells	£112,423	13
BA5 2GD	Welsh Court	Wells	£132,500	5
BA5 2DT	Princes Road	Wells	£139,983	3
BA5 2LL	Sheldon Mill	Wells	£161,331	10
BA5 1DJ	Alfred Court	Gate Lane	£164,000	7
BA5 2LG	Five Acre Road	Wells	£169,248	4
BA5 2XX	St Andrews Court	Woodbury Avenue	£170,080	5
BA5 3AF	Kings Castle Court	Bath Road	£178,125	4
BA5 2QX	Mondyes Court	Milton Lane	£180,476	23