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 £366,071 using HM Land Registry data.

The average property price increased by £33,362 (9.88%) over the last 5 years and increased by £6,670 (1.83%) over the last 12 months.

Over the last year, there were 175 residential property sales – a decrease of 88 transactions (-50.29%) relative to the previous year. The majority of house sales (52) were in the £254,000 - £338,000 range. Then came properties in the £338,000 - £422,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,982 (-3%).

In Aug 2026, there were 39 new estate agency instructions, 24 agreed home sales and 21 property price reductions.

5-Year Average Property Prices in Wells

9.88%

Property prices in Wells increased by 9.88% 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

1.83%

Property prices in Wells increased by 1.83% 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 - Aug 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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
4 Morgans Yard, Southover, Wells, BA5 1UJ	£345,000	£330,000	-£15,000	28 Aug 2025	29 Jul 2026	335 Days
38 Southover, Wells, BA5 1UH	£275,000	£255,000	-£20,000	09 Mar 2026	22 Jul 2026	135 Days
5 Hope Close, Wells, BA5 2FH	£250,000	£242,500	-£7,500	23 Mar 2026	14 Jul 2026	113 Days
6 Singleton Court, Wells, BA5 2NE	£325,000	£300,000	-£25,000	14 Aug 2025	08 Jul 2026	328 Days
59 Ash Lane, Wells, BA5 2LW	£995,000	£995,000	£0	17 Feb 2026	30 Jun 2026	133 Days
66 Jocelyn Drive, Wells, BA5 2HA	£335,000	£335,000	£0	14 Mar 2026	30 Jun 2026	108 Days
65 Sheldon Drive, Wells, BA5 2HE	£220,000	£220,000	£0	04 Feb 2026	30 Jun 2026	146 Days
13 St Cuthbert Street, Wells, BA5 2AW	£395,000	£375,000	-£20,000	20 Feb 2026	26 Jun 2026	126 Days
11 Anseres Place, Wells, BA5 2RT	£300,000	£290,000	-£10,000	30 Jun 2025	24 Jun 2026	359 Days
76 Burcott Road, Wells, BA5 2EQ	£250,000	£245,000	-£5,000	10 Jan 2026	22 Jun 2026	163 Days
20 Burcott Road, Wells, BA5 2EQ	£379,950	£375,000	-£4,950	20 Mar 2026	16 Jun 2026	88 Days
Flat 2, Palace Court, Wells, BA5 1UR	£115,000	£107,500	-£7,500	27 Oct 2025	12 Jun 2026	228 Days
17 Spring Rise, Wells, BA5 1UE	£395,000	£372,500	-£22,500	11 Feb 2026	12 Jun 2026	121 Days
21 North Road, Wells, BA5 2TL	£325,000	£317,500	-£7,500	15 Aug 2025	11 Jun 2026	300 Days
18 Welsford Avenue, Wells, BA5 2HX	£280,000	£270,000	-£10,000	13 Mar 2026	05 Jun 2026	84 Days
11 Wolsey Close, Wells, BA5 2ET	£325,000	£325,000	£0	20 Feb 2026	04 Jun 2026	104 Days
37 Ebbor Gorge Road, Haybridge, Wells, BA5 1GP	£350,000	£341,000	-£9,000	09 Sep 2025	02 Jun 2026	266 Days
5 Hayes Drive, Wells, BA5 2GR	£475,000	£470,500	-£4,500	26 Dec 2025	02 Jun 2026	158 Days
78 Woolcombe Road, Wells, BA5 2GZ	£143,750	£143,750	£0	14 Aug 2025	29 May 2026	288 Days
17 Market Street, Wells, BA5 2DS	£300,000	£295,000	-£5,000	09 Mar 2026	27 May 2026	79 Days

Most Expensive Streets in Wells

Postcode	Street	Area	Average	No. of Sales
BA5 2LQ	New Street	Wells	£1,323,333	3
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 2LN	Cherry Orchard Drive	Wells	£700,000	4
BA5 2QT	Milton Lane	Wells	£690,166	3
BA5 2LU	Ash Lane	Wells	£675,000	3
BA5 2PE	Chamberlain Street	Wells	£640,000	3

Least Expensive Streets in Wells

Postcode	Street	Area	Average	No. of Sales
BA5 1SH	Homechime House	Priory Road	£103,208	21
BA5 1UR	Palace Court	Wells	£112,076	13
BA5 2GD	Welsh Court	Wells	£132,500	5
BA5 2DT	Princes Road	Wells	£139,983	3
BA5 1DJ	Alfred Court	Gate Lane	£163,750	8
BA5 2LL	Sheldon Mill	Wells	£164,312	8
BA5 2LG	Five Acre Road	Wells	£169,248	4
BA5 2XX	St Andrews Court	Woodbury Avenue	£170,080	5
BA5 2QX	Mondyes Court	Milton Lane	£179,815	22
BA5 3AF	Kings Castle Court	Bath Road	£181,666	3