31 Ash Lane, Wells, Somerset, BA5
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31 Ash Lane, Wells, Somerset, BA5

By Roderick Thomas

£ 950,000

Reviews

3 out of 5 stars

Roderick Thomas says ..

A superbly well located, handsome, 4 bedroom, double fronted, family home with far reaching views, masses of potential, circa 0.3acre garden/plot and NO onward chain.

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom house located in Wells St Thomas, Somerset. The list price is £950,000, and the property has a plot size of 1,470 sqft. The average house price in the area is £384,063, with an average price per sqft of £413. The property is described as a “handsome, 4 bedroom, double fronted, family home with far reaching views, masses of potential, circa 0.3acre garden/plot and NO onward chain. Nearby schools include The Blue School (Good Ofsted rating) and St Cuthbert’s Cofe Junior School (Requires improvement). The property appears to be in need of some modernisation and updating. Whilst the structure looks sound, the interior décor and fittings appear dated. The kitchen and bathrooms would benefit from a refurbishment. The garden is a significant feature, offering a good-sized area and far reaching views. The location, on Ash Lane, appears desirable, judging by the prices of nearby properties. However, without specific details on transport links and local amenities, it’s difficult to definitively assess the location score. Considering the property’s condition, the size of the plot, and its location in a seemingly desirable area, the list price of £950,000 appears high relative to the average price per sqft in the area. However, the lack of sqft information for comparable properties makes a precise price comparison difficult. The fact that the property is described as having “masses of potential” suggests that the price may reflect the potential for future value after renovations.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
5
Condition
6
Location
7
Land
8
Bedrooms
4
Bathrooms
2
Sqft (est)
1,300.00
Lot (est)
1,470.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
414,000.00 £
Decreased by 14.53 %
from 484,406.00 £
Est sale value
525,200.00 £
Increased by 31.60 %
from 399,100.00 £
Average area rental value
1,163.00 £/mo
Increased by 22.42 %
from 950.00 £/mo
Est letting value
1,300.00 £/mo
from 0.00 £/mo
Est rental Yield
3.37 %
Increased by 43.40 %
from 2.35 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Roderick Thomas created the listing.

Nearby Schools

NameTypeOfstedDistance
The Blue SchoolAcademy ConverterGood0.27 KM
Wells Cathedral SchoolOther Independent School1.16 KM
St Cuthbert'S Cofe Junior SchoolVoluntary Controlled SchoolRequires improvement1.29 KM
Wells BuildingChildren's Centre Linked Site1.35 KM
St Cuthbert'S Church Of England Academy Infants And Pre-SchoolAcademy ConverterGood1.36 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Wookey Hole Road £ 580,00000.00 KM
Kennion Road £ 239,95000.00 KM
Melrose Court £ 000.00 KM
Montery Close £ 000.00 KM
Valley Close £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
31 Ash Lane, Wells, Somerset, BA5 £ 950,000BUY6 / 100.00 KM
Ash Lane, Wells £ 1,250,000BUY8 / 100.03 KM
Ash Lane, Wells £ 1,150,000BUY7 / 100.08 KM
Ash Lane, Wells, Somerset, BA5 £ 735,000BUY7 / 100.12 KM
Ash Lane, Wells, Somerset, BA5 £ 825,000BUY7 / 100.13 KM

Nearby Properties

AddressPriceDistance
33 Ash Lane £ 820,0000.03 KM
35a Ash Lane £ 465,0000.03 KM
39 Ash Lane £ 640,0000.03 KM
19 Ash Lane £ 720,0000.03 KM
46 Ash Lane £ 430,0000.08 KM