That is the middle of 659 standard sales recorded by HM Land Registry from September 2023 to August 2026, against £277,000 in the typical UK town. The typical home sells for 5.6 times as much as in 1995. Below: what each type of home sells for, the spread of prices, every year since 1995, new builds, the busiest streets and the neighbours. Rents and council tax are on Cost of living.
659 homes sold in three years: 150 detached houses, 177 semi-detached houses, 209 terraced houses and 123 flats and maisonettes. A detached house sells for 2.8 times what a flat does.
Detached houses£525K
median sale · 150 sold in 3 years
Middle half
£415K–£670K
Last 12 months
£578K36 sold
New build
£457K
Semi-detached houses£320K
median sale · 177 sold in 3 years
Middle half
£285K–£367K
Last 12 months
£320K53 sold
Terraced houses£295K
median sale · 209 sold in 3 years
Middle half
£239K–£351K
Last 12 months
£310K63 sold
New build
£175K
Flats and maisonettes£185K
median sale · 123 sold in 3 years
Middle half
£130K–£250K
Last 12 months
£170K24 sold
The mix
A mixed market: no one type makes up more than 32% of sales
Detached houses23%
Semi-detached houses27%
Terraced houses32%
Flats and maisonettes19%
Standard sales, Sep 2023 to Aug 2026. A median needs 5 sales of a type; “middle half” is the 25th to 75th percentile of 10 or more.
Price range
Half of Wells’s homes sold for between £240K and £423K
One sale in ten was under £160K and one in ten over £590K. 28% sold for under £250K.
Sales by price · Sep 2023 to Aug 2026
The median, £319,995, sits in the £300–400K band
659 standard sales. Each bar is the number sold in that price band; the darker bar holds the median.
Since 1995
The typical home costs 5.6 times as much as in 1995, in step with England
Land Registry has recorded every sale since 1995. The median went from £57,000 in 1995 to £321,250 in the last 12 months (£276,000 in 2019).
31 years of sales
Fewer homes sell than in most years
176 sales in the last 12 months, against 348 in 2021, the busiest year, and 157 in 2008. Sales fell by 26% from 2007 to 2009 in the financial crisis, and the median by 17%. 2021, the stamp duty holiday, saw 44% more sales than 2020.
Homes soldMedian sale price
Against England
Wells costs about what England does
Median sale price each calendar year: Wells, every standard sale in England, and the typical UK town (the middle of the town medians, towns of 2,500 or more).
By type
Detached houses rose the most since 1995
1995
2000
2005
2010
2015
2020
Last 12 months
Detached houses
£85K
£156K
£288K
£305K
£318K
£405K
£578K
Semi-detached houses
£56K
£93K
£176K
£183K
£230K
£283K
£320K
Terraced houses
£53K
£76K
£173K
£175K
£210K
£272K
£310K
Flats and maisonettes
£47K
£49K
£136K
£171K
£155K
£188K
£170K
Calendar years; a year’s median needs 5 sales of the type, so gaps are years with fewer.
Prices are as paid, not adjusted for inflation. Standard (category A) sales only; Land Registry adds a sale when it is registered, so the newest months fill in later.
New builds
New builds have slowed: 0% of sales in the last 12 months, after 32% in 2018
989 new homes have been sold in Wells since 1995; the share peaked at 32% in 2018.
New-build share of sales
Calendar years with 10 or more sales, then the last 12 months.
New builds and tenure · 3 years
A new home sold for a median £354,997
against £317,500 for a home sold on, 12% more, over three years. New homes are often a different mix from the homes sold on, so part of the gap is size and type.
23% of sales were leasehold
Nearly every flat in England and Wales is leasehold; among houses, 6.2% sold leasehold in Wells. A leasehold buyer owns the home for a fixed term and may pay ground rent and service charges; check the lease before you buy.
Streets
Woolcombe Road is Wells’s busiest street, with 20 sales in three years
45 streets had five or more sales from Sep 2023 to Aug 2026, 15 of them ten or more. A busy street is often a new estate selling its first homes, or a long road of terraces and flats.
#
Street
Postcode area
Sales
Median
Homes
1
Woolcombe Road
BA5
20
£188,500
Mostly terraced houses
2
Ebbor Gorge Road
BA5
16
£356,250
Mixed
3
Bath Road
BA5
14
£462,500
Mixed
4
Knight Road
BA5
14
£448,500
Mixed
5
Priory Road
BA5
14
£106,000
Mostly flats
6
Ash Lane
BA5
12
£820,000
Mostly detached houses
7
Wand Road
BA5
12
£482,500
Mixed
8
West Street
BA5
12
£335,000
Mostly flats
9
Chamberlain Street
BA5
12
£263,500
Mostly flats
10
St Thomas Street
BA5
11
£423,000
Mostly terraced houses
11
St Cuthbert Avenue
BA5
11
£360,000
Mostly semi-detached houses
12
Burcott Road
BA5
11
£302,500
Mostly terraced houses
13
Milton Lane
BA5
11
£142,500
Mostly flats
14
North Road
BA5
10
£605,000
Mostly detached houses
15
Serel Drive
BA5
10
£249,000
Mixed
Dearest streets
Ash Lane: £820,000
Wells median£320K
Ash Lane£820K
North Road£605K
Portway£560K
New Street£545K
Wand Road£483K
Cheapest streets
Priory Road: £106,000
Wells median£320K
Priory Road£106K
Silver Street£120K
Charter Way£135K
Milton Lane£143K
Woolcombe Road£189K
Among streets with five or more sales; the dearest street’s median is 7.7 times the cheapest’s. Street medians mix types: a street of detached houses beats one of flats.
Standard sales with a street name, grouped by street and postcode district (Sep 2023 to Aug 2026); a name used in two districts shows the district. Medians only: we don’t list individual sales.
Across Somerset
Wells is the 18th most expensive of 49 towns in Somerset
Wells is in the middle of Somerset’s towns to buy in; the typical UK town’s median is £277,000.
Median: standard sales over three years (10+ needed). Since 2016: the median over three years against 2016’s. Miles: centre to centre.
Questions about property prices in Wells
What is the average house price in Wells?
The median home in Wells sold for £319,995 from September 2023 to August 2026, across 659 standard sales (£321,250 in the last 12 months). By type: detached houses £525,000, semi-detached houses £320,000, terraced houses £295,000 and flats and maisonettes £185,000.
Are house prices going up in Wells?
The median was £322,500 in 2025, about the same on 2024 (£318,997), and £321,250 in the last 12 months. A town’s median moves with the mix of homes sold each year as well as with prices.
How many homes sell in Wells each year?
176 standard sales were recorded in the last 12 months, against an average of 276 a year since 2015. Repossessions, company purchases and other non-standard sales aren’t counted.
What are the most expensive streets in Wells?
Among streets with five or more sales in three years: Ash Lane (BA5, £820,000), North Road (BA5, £605,000) and Portway (BA5, £560,000).
How much does a new build cost in Wells?
New homes sold for a median £354,997 over three years, against £317,500 for homes sold on. New builds were 2.1% of sales.
Is Wells expensive for Somerset?
Wells is the 18th most expensive of 49 towns of 2,500 or more in Somerset by median sale price.
Sources: HM Land Registry Price Paid, every standard sale since January 1995 (yearly files of 28 September 2026), inside the ONS 2022 built-up-area boundary by postcode (ONS Postcode Directory) · TownRatings grades: our own summary of the data, ranked against UK towns only. All under the Open Government Licence v3.0.