Lodestone Property says ..
Situated in one of Wells’ most sought after locations, ‘Applewood’ 61 Ash Lane, offers an exceptional opportunity to acquire a substantial family home that would benefit from updating and renovation to optimise its huge potential. Set back from leafy Ash Lane behind a stone wall...
Property Oracle says ..
This property is a large seven-bedroom detached house located in Wells, Somerset. The location is desirable, being close to several well-regarded schools including Wells Cathedral School and The Blue School. The property itself is spacious, with a significant plot size of 3,976.19 sqft. However, the provided images suggest the property is in need of some modernisation and updating. While the house has character, some areas appear dated and require renovation. The list price of £1,100,000 is considerably higher than the average price for the area (£384,063), and the average price per sqft is also significantly lower (£413.00) than what would be expected for a property of this size and location if it were in better condition. Considering the condition and required renovations, the price may be considered high.
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
- 3
- Condition
- 4
- Location
- 9
- Land
- 8
- Bedrooms
- 7
- Bathrooms
- 3
- Sqft (est)
- 3,154.90
- Lot (est)
- 3,976.19
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 %
- Est sale value
- 1,274,579.60 £Increased by 31.60 %
- Average area rental value
- 1,163.00 £/moIncreased by 22.42 %
- Est letting value
- 3,154.90 £/mo
- Est rental Yield
- 3.37 %Increased by 43.40 %
- Crime Rate
- 0.00 %
Agent Activity
Lodestone Property created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Wells Cathedral School | Other Independent School | 0.66 KM | |
| The Blue School | Academy Converter | Good | 0.68 KM |
| Stoberry Park School | Community School | Good | 0.84 KM |
| St Cuthbert'S Cofe Junior School | Voluntary Controlled School | Requires improvement | 1.64 KM |
| St Cuthbert'S Church Of England Academy Infants And Pre-School | Academy Converter | Good | 1.73 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Kennion Road | £ 239,950 | 0 | 0.00 KM |
| Montery Close | £ 0 | 0 | 0.00 KM |
| Wookey Hole Road | £ 580,000 | 0 | 0.00 KM |
| St Andrews Street | £ 0 | 0 | 0.00 KM |
| Huddleston Court | £ 245,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ash Lane, Wells | £ 1,100,000 | BUY | 6 / 10 | 0.00 KM |
| Ash Close, Wells, Somerset, BA5 | £ 260,000 | BUY | 7 / 10 | 0.15 KM |
| Ash Close, Wells, BA5 | £ 295,000 | BUY | 6 / 10 | 0.18 KM |
| Ash Lane, Wells | £ 980,000 | BUY | 7 / 10 | 0.20 KM |
| Milton Lane, Wells, Somerset, BA5 | £ 799,995 | BUY | 6 / 10 | 0.22 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 45 Ash Lane | £ 526,000 | 0.03 KM |
| 47 Ash Lane | £ 645,000 | 0.03 KM |
| 71 Ash Lane | £ 345,000 | 0.03 KM |
| 59 Ash Lane | £ 760,000 | 0.03 KM |
| 61 Ash Lane | £ 700,000 | 0.03 KM |