Housing Market Analysis for WEST LANE, BA5 3RD

Are you looking to understand BA5 3RD house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Mendip postcode.

For the location information and nearby amenities in the BA5 3RD area, explore the BA5 3RD Area information page.
For comprehensive crime statistics in the BA5 3RD area, explore the BA5 3RD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BA5 3RD postcode area, The average prices are as follows,

  • Detached
    • The average price is around £247,500 median price is £270,000 Standard Deviation is £42,866 with Total Sold: 3
    • The Last 5 Year average price is £277,500 with Total Sold: 2
    • The most recent sale happened at this postcode is WEST VIEW WEST LANE: £270,000 (Sold on 23 Sep 2020)
    • The first recorded sale happened at this postcode is WEST VIEW WEST LANE: £187,500 (Sold on 23 Jul 2009)

Sold Price Trend Over the Years:

Below table and chart gives the average BA5 3RD house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£270,000 £2,716 1
2019£285,000 £3,239 1
2009£187,500 £1,886 1

All the Sales in the WEST LANE, BA5 3RD

See the table below for more details on the sold house prices in the BA5 3RD, Mendip postcode.

AddressSold DatePrice% Change
WEST VIEW WEST LANEDetached, FreeholdArea: 99.42 Sq.mtrAge: before 190023 Sep 2020£270,00044.00%
23 Jul 2009£187,500First Sale
WESTERLY WEST LANEDetached, FreeholdArea: 88 Sq.mtrAge: before 190031 Jul 2019£285,000First Sale

Check out the sold house prices near the BA5 3RD postcode. Properties currently for saleProperties currently for rent

WEST LANE, BA5 3RD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BA5 3RD postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the BA5 3RD postcode.

  • Terraced
    • The average price is around £186,403 median price is £173,750 Standard Deviation is £103,935 with Total Sold: 78
    • The Last 5 Year average price is £334,000 with Total Sold: 10
    • The most recent sale happened at this postcode is 1, CROSCOMBE MILL LONG STREET: £390,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 2 ORCHARD COTTAGES: £41,000 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £309,750 median price is £270,000 Standard Deviation is £258,584 with Total Sold: 148
    • The Last 5 Year average price is £540,290 with Total Sold: 31
    • The most recent sale happened at this postcode is , 5 COMBE GREEN: £475,000 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is , BAYTREE COTTAGE CHURCH STREET: £30,000 (Sold on 07 Feb 1995)
  • Semi-Detached
    • The average price is around £197,218 median price is £175,000 Standard Deviation is £105,839 with Total Sold: 76
    • The Last 5 Year average price is £272,871 with Total Sold: 12
    • The most recent sale happened at this postcode is 2, SHEPPEY RACE COTTAGES LONG STREET: £220,000 (Sold on 08 Nov 2023)
    • The first recorded sale happened at this postcode is , NEW MILL HOUSE LONG STREET: £67,500 (Sold on 01 Sep 1995)
  • Other
    • The average price is around £399,750 median price is £352,500 Standard Deviation is £226,142 with Total Sold: 4
    • The Last 5 Year average price is £512,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , ORCHARDLEIGH ROOKERY LANE: £750,000 (Sold on 11 Jan 2023)
    • The first recorded sale happened at this postcode is , ROOKERY HOUSE OLD STREET: £144,000 (Sold on 05 Oct 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,0002
2023£460,000 £4,489 1
2022£366,500 £3,272 2
2021£410,000 £2,789 1
2020£272,500 £2,658 2
2019£261,000 £2,460 2
2018£272,500 £3,485 2
2017£275,000 £2,683 1
2016£281,250 £2,893 4
2015£180,300 £2,501 5
2014£166,750 £2,273 2
2013£370,000 £2,284 1
2012£177,600 £2,335 5
2011£218,333 £2,126 3
2010£172,500 £1,367 3
2008£243,7502
2007£207,000 £1,777 5
2006£205,875 £2,522 4
2005£179,000 £1,952 2
2004£147,250 £1,835 2
2003£159,250 £1,767 4
2002£127,875 £1,520 4
2001£115,000 £902 3
2000£107,983 £991 3
1999£61,600 £448 5
1998£61,000 £689 2
1997£59,000 £679 3
1996£62,500 £732 2
1995£41,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£941,250 £5,096 4
2022£537,500 £3,500 4
2021£519,250 £3,318 10
2020£477,500 £2,893 8
2019£364,300 £3,179 5
2018£372,500 £3,030 4
2017£320,000 £3,409 1
2016£408,000 £2,895 4
2015£270,0001
2014£495,333 £2,827 6
2013£425,000 £2,904 2
2012£358,190 £2,333 5
2011£431,690 £2,260 5
2010£268,667 £2,878 3
2009£187,500 £1,886 1
2008£345,500 £2,501 2
2007£347,389 £2,660 9
2006£357,333 £1,947 3
2005£296,143 £2,316 7
2004£308,5003
2003£287,375 £1,357 4
2002£223,062 £1,559 8
2001£157,700 £1,217 5
2000£119,9752
1999£149,350 £966 13
1998£100,042 £683 13
1997£100,833 £671 6
1996£100,714 £680 7
1995£71,500 £676 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£231,400 £3,154 5
2022£259,950 £3,209 1
2021£261,667 £2,936 3
2020£270,000 £3,913 1
2019£401,250 £3,447 2
2018£220,000 £3,333 1
2017£245,000 £2,606 4
2016£272,000 £2,645 4
2015£313,500 £3,074 1
2014£297,500 £2,000 2
2013£230,000 £2,536 3
2012£149,000 £1,653 2
2011£270,000 £2,279 2
2010£158,000 £2,079 1
2008£176,375 £1,854 4
2007£184,500 £2,147 4
2006£218,667 £2,406 3
2005£266,650 £2,618 3
2004£481,0001
2003£223,125 £1,579 4
2002£129,667 £1,443 3
2001£119,097 £648 6
2000£94,452 £535 5
1999£128,000 £1,099 4
1997£63,933 £910 3
1996£70,5003
1995£67,500 £444 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£750,000 £4,705 1
2020£275,0001
2017£430,0001
2016£144,000 £632 1

House Type in BA5 3RD area

The most common house types in the BA5 3RD postcode area are Detached (95), Semi-detached (26), and Terraced (13).

Total135
Detached95
Semi-detached26
Terraced13
commercial building1
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (77), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright77
Owned: Owns with a mortgage or loan40
Private rented: Private landlord or letting agency13
Private rented: Other private rented3
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the BA5 3RD have 2 people in household (56), and 1 person in household (34).

2 people in household56
1 person in household34
3 people in household26
4 people in household14
5 people in household2
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0