3 Lake Close

    3, LAKE CLOSE, WELLS, BA5 1FW

    This detached freehold property on Lake Close last sold in August 2025 for £665,000. Based on price growth in the BA5 district since then, its estimated current value is £665,000 — placing it in the 89th percentile nationally and the 87th percentile within BA5. The property covers 205 m² (2,207 sq ft), giving an estimated value of £3,244 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,207 sq ft

    205 m²

    Last Sale Price

    £665,000

    Aug 2025

    Estimated Valuation

    £665,000

    Est. £/sq ft

    £301/sq ft

    £3,244/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2019
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area2,207 sq ft (205 m²)
    EPC dateSept 2019
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Aug 2025

    £665,000

    22 Jan 2020

    New build

    £556,250

    Key Metrics

    Estimated valuation£665,000
    Value per sq ft / m²£301/sq ft (£3,244/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BA5 district percentile87th percentile
    National percentile89th percentile

    District Context — BA5

    BA5 covers the southern villages and rural areas around Ilminster and Crewkerne in south Somerset, near the Devon border. It is a quieter, countryside-focused district with strong appeal to those seeking semi-rural living and established community roots.

    Average Property Price - BA5

    £388,680

    65

    National percentile

    Average Net Household Income - BA5

    £39,639

    56

    National percentile

    10-Year Annualised Price Growth - BA5

    3.6%

    51

    National percentile

    10-Year Annualised Rent Growth - BA

    4.6%

    86

    National percentile

    View full analysis for BA5

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