How much is 23 New Street, Wells, Mendip, Somerset, BA5 2LE worth?
Estimated value — November 2026
£302,000
Likely range £158,000 – £400,000Four in five similar homes sold within their range when we tested it.
Latest recorded sale November 1995
12%
confidence
Low
Typically within 22% of the sale price
Property details
Mid-terrace house
New Street · Wells · BA5 2LE
Address
- District
- Mendip
- County
- Somerset
Value over time
- Modelled value
- Projected
- Likely range (80%)
- Today's estimate
Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.
View as a table
| Year | Modelled value | Likely range |
|---|---|---|
| 2000 | £88,519 | £70,580 – £105,048 |
| 2001 | £102,108 | £79,765 – £122,091 |
| 2002 | £130,864 | £100,412 – £156,848 |
| 2003 | £152,364 | £114,857 – £183,340 |
| 2004 | £179,420 | £132,569 – £217,116 |
| 2005 | £183,686 | £132,774 – £224,117 |
| 2006 | £202,073 | £143,166 – £247,965 |
| 2007 | £214,676 | £149,164 – £265,857 |
| 2008 | £185,667 | £127,500 – £231,370 |
| 2009 | £190,720 | £128,978 – £239,803 |
| 2010 | £193,214 | £128,927 – £245,150 |
| 2011 | £187,574 | £140,794 – £219,410 |
| 2012 | £188,392 | £138,487 – £222,355 |
| 2013 | £193,711 | £139,393 – £230,677 |
| 2014 | £200,679 | £141,295 – £241,093 |
| 2015 | £211,139 | £145,386 – £255,887 |
| 2016 | £220,918 | £148,694 – £270,070 |
| 2017 | £234,928 | £154,481 – £289,677 |
| 2018 | £240,759 | £154,582 – £299,407 |
| 2019 | £242,044 | £151,654 – £303,560 |
| 2020 | £258,451 | £157,926 – £326,864 |
| 2021 | £271,632 | £161,768 – £346,400 |
| 2022 | £306,519 | £177,792 – £394,125 |
| 2023 | £289,096 | £163,203 – £374,773 |
| 2024 | £293,044 | £160,888 – £382,984 |
| 2025 | £293,637 | £156,660 – £386,857 |
| 2026 | £302,000 | £158,000 – £400,000 |
Sale history
Mortgage calculator
£1,621
Estimated monthly repayment
£271,800
Loan amount
£311,706
Total interest
£583,506
Total repayable
A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.
Related properties
- 21 New Street, Wells, Mendip, Somerset, BA5 2LE£375,000 · 2022£400,000
- 25 New Street, Wells, Mendip, Somerset, BA5 2LE£685,000 · 2017£964,000
- 35 New Street, Wells, Mendip, Somerset, BA5 2LE£699,950 · 2020£887,000
- Belleview House, 37, New Street, Wells, Mendip, Somerset, BA5 2LE£495,000 · 2007£720,000
- 27 New Street, Wells, Mendip, Somerset, BA5 2LE£327,500 · 2003£586,000
About this property
23 New Street, Wells, Mendip, Somerset, BA5 2LE is a mid-terrace house on New Street in Wells, Somerset. Stede's estimated value for November 2026 is £302,000. Four in five similar homes sold within their likely range when tested; for this property that range is £158,000 to £400,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 114 similar homes in the same postcode sector (25%). The confidence score is 12 out of 100 (low): estimates like this one are typically within 22% of the eventual sale price.
It last sold in November 1995 for £57,000. The current estimate is 430% higher than that price. The current owner has held it for about 31 years.
The modelled value is up 2% over the past year and up 11% over the past five years.
Among 5 nearby properties Stede tracks in the BA5 area, estimated values run from £400,000 to £964,000. This mid-terrace house's £302,000 sits below that range.
Common questions
How much is 23 New Street, Wells, Mendip, Somerset, BA5 2LE worth?
Stede estimates 23 New Street, Wells, Mendip, Somerset, BA5 2LE is worth £302,000 as of November 2026, within a likely range of £158,000 to £400,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.
When did 23 New Street, Wells, Mendip, Somerset, BA5 2LE last sell?
It last sold in November 1995 for £57,000.
What type of property is 23 New Street, Wells, Mendip, Somerset, BA5 2LE?
It is recorded as a Mid-terrace house on New Street in the BA5 postcode area.
How reliable is this estimate?
The confidence score is 12 out of 100 (low). Tested against real sales of similar homes, estimates like this one are typically within 22% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.
How does Stede calculate this estimate?
It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 114 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.
How we got this figure
We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 1,382 real sales of similar homes.
- Its sale in November 1995, brought up to today with the House Price Index£301,43475%
- 114 similar homes sold recently in the same postcode sector£302,46925%
Estimate £302,000, likely £158,000 – £400,000
Read the full methodology and data sources →