Property profile

5 Parsons Way

Map showing 5 Parsons Way, Wells

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£235,000

Semi-Detached sold in Wells

The box shows the middle 50% of semi-detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold26 Oct 2020
£178,000Change since last sale: +£57,000 (+32%)
Annualised change
+4.7% per yearSomerset annualised change (semi-detached) since 2020: +3.7% per yearThis property's value grew faster than the market
Price per sq ftLocal median £387 per sq ft
£347 per sq ftEstimate vs local median: −£41 per sq ft (−10%)
Local sold pricesMedian for semi-detached in Wells
£326,000Estimate vs local median: −£91,000 (−28%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Mid-Terrace
TenureFreehold
Construction period1983-1990
Floor area63 m² / 678 sq ft
Rooms3 habitable / 3 heated
EPC ratingD
EPC inspection09 Jun 2023

Sales history

DatePriceChange
26 Oct 2020£178,000+42%
11 Jun 2004£124,950-

Local market

Property prices in Wells

Median price: £320,000
Price per sq ft: £358
Sales (last 12 months): 168
Typical range (middle 50%): £254K – £436K

Based on 168 recent sales, the median property price is £320,000 (about £358 per square foot) in Wells area, with individual transactions ranging from £99,000 up to £995,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Wells over the last year.
TypeSalesMedian£/sq ft
Detached32£615,000£380
Semi-Detached49£326,000£387
Terraced59£310,000£335
Flats28£185,000£286

10-year price trendmedian sale price in Wells

Sale price

Ten year median sale price trend for each property type in Wells.
YearDetachedFlatsSemi-DetachedTerraced
2016£447,500£183,000£232,000£225,000
2017£440,000£151,750£250,000£230,000
2018£425,000£190,000£260,000£230,000
2019£425,000£163,000£255,500£222,000
2020£415,000£187,500£280,000£266,000
2021£454,225£177,000£285,000£266,500
2022£500,000£195,000£302,500£280,000
2023£525,000£181,500£319,000£295,000
2024£500,000£189,000£320,000£310,000
2025£575,000£182,500£326,250£315,000
2026£625,000£182,500£320,000£297,500
Ten year median sale price trend for each property type in Wells.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Wells.
YearDetachedFlatsSemi-DetachedTerraced
2016£297£280£276£244
2017£299£248£284£258
2018£325£279£298£268
2019£291£256£285£263
2020£316£283£294£273
2021£368£269£311£289
2022£383£318£360£327
2023£406£285£376£341
2024£385£310£361£329
2025£382£288£397£327
2026£380£286£383£338
Ten year median sale price per square foot trend for each property type in Wells.

Price distribution by property typelast 12 months

Price distribution by property type for Wells in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near BA5 2FZ.

Recent sold properties in the last 18 months near BA5 2FZ
DateAddressTypeTenurePriceMap
27 Feb 20261, Parsons Way, Wells, BA5 2FZTerracedFreehold£310,000
30 Jan 20267, Algar Court, Parsons Way, Wells, BA5 2FYTerracedFreehold£170,000
30 Jul 20252, Algar Court, Parsons Way, Wells, BA5 2FYTerracedFreehold£93,000
28 Jul 202514, Vaughan Court, Wells, BA5 2FTTerracedFreehold£288,000
29 Aug 20256, Stiles Court, Parsons Way, Wells, BA5 2FXTerracedFreehold£210,000

Other properties at this postcode

AddressTenureFloor areaLast sale
1 Parsons Way, WellsFreehold100 m²£310,000 (2026)
2, Parsons Way, WellsFreehold62 m²£32,000 (2001)
2A Parsons Way, WellsFreehold107 m²£48,000 (1999)
4, Parsons Way, Wells-63 m²-
6 Parsons Way, WellsFreehold66 m²£190,000 (2022)
7 Parsons Way, WellsFreehold89 m²£185,000 (2015)
9 Parsons Way, Wells, Wells-48 m²-
10 Parsons Way, WellsFreehold64 m²£210,000 (2022)
11 Parsons Way, Wells-49 m²-
15 Parsons Way, Wells-80 m²-

Area insights for BA5 2FZ

Full area profile →

Overview

Postcode BA5 2FZ is located in an urban city, within the Wells area of Somerset in the South West region, and forms part of the Wells Town area. It has high deprivation and high crime levels, with around 72.2 crimes per 1,000 residents per year, about 15% below the South West average of 85 per 1,000. The average income per household in Wells Town is £46,480 per year. The median sale price in Wells is £320,000 (around £358 per square foot), with typical sale prices between £253,750 and £436,250. The nearest station is Castle Cary, about 9.7 miles away. There are 3 primary and 1 secondary schools in the area.

Crime rate
7/10
Crimes per 1k residents
72
Deprivation level
8/10
Income level
3/10
Social housing
46.3%
Connectivity
N/A
Flood Risk
No risk
Noise Level
Moderate

Deprivation level

8/10

Wells Town has a high level of deprivation, ranked at position 9,518 out of 32,844 areas in England, placing it within the top 29% most deprived areas in England.

Crime level

7/10

Wells Town has a high crime rate, with approximately 72.2 reported incidents per 1,000 population each year.

Social housing

46.3%

Approximately 46.3% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 12.8% of dwellings are socially rented.

Income level

3/10

The average income per household in Wells Town is £46,480 per year.

Noise Level

Moderate

Moderate noise level (65.0-69.9 dB) from road, approximately 199 ft away from BA5 2FZ.

Flood risk

No risk

Wells Town near BA5 2FZ has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Castle Cary located about 9.7 miles away. There are no other stations nearby.

Parks

No parks nearby

Area Profile

Population
225
Population density
3,223.5 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
40.84(+22%)
Anti-social behaviour
12.93(-13%)
Public order
10.21(+56%)
Criminal damage and arson
8.85(+36%)
Burglary
5.45(+96%)
South West average

Demographics

Ethnic groups

British
215
95.56%
Other White
7
3.11%
Other Mixed or Multiple ethnic groups
1
0.44%
Irish
1
0.44%
Other
1
0.44%
Total population: 225

Economics

Education (age 16+)

No qualifications
59
30.73%
Level 4+ (Degree)
40
20.83%
Level 1 (GCSEs 3-1)
33
17.19%
Level 3 (A level)
23
11.98%
Level 2 (GCSEs 9-4)
20
10.42%
Total 16+ residents: 192

Housing

Housing tenure

Other social rented
40
32.52%
Owns outright
35
28.46%
Owns with a mortgage
20
16.26%
Social rents from council
17
13.82%
Private landlord or letting agency
10
8.13%
Total households: 123

Schools

In the BA5 2FZ postcode area, located within Wells Town, there are 3 primary and 1 secondary schools in close proximity.

Ratings include official Ofsted judgements and Area360 summaries of inspection grades. Open a school’s profile for its inspection grades and results.

Nearby schools for BA5 2FZ
DistancePhaseNameTypeRatingLinks
0.5 miSecondaryThe Blue SchoolAcademy converter
Good
0.5 miPrimarySt Cuthbert's Church of England Junior SchoolAcademy converter
Good
0.5 miPrimarySt Cuthbert's Church of England Academy Infants and Pre-SchoolAcademy converter
Good

Local amenities

1 nearby supermarkets & convenience stores within 0.5 mi of BA5 2FZ

Nearby supermarkets & convenience stores for BA5 2FZ
DistanceNameAddressDirections
0.5 miSpar19-21 Tucker Street, Wells, BA5 2DZWalking directions to Spar