Somerset
Wells
development finance.
Expert property development finance in Wells, Somerset. Median price £330,000, 340 annual sales. We connect developers with competitive funding from 100+ lenders.
- Median price
- £330k
- Sales (12m)
- 340
- YoY change
- 0%
Property finance
in Wells.
Wells - england's smallest city with cathedral heritage and premium boutique development opportunities. With a median property price of £330,000 and 340 transactions in the last twelve months, Wells represents a focused market.
Detached homes command a median of £560,000 while flats average £190,000, reflecting the breadth of Wells's residential market. Terraced houses sit at £285,250, offering developers a range of scheme types from conversions to ground-up residential.
Whether you need development finance for a ground-up scheme, bridging finance to secure a site at auction, or mezzanine finance to stretch your capital stack, our brokers arrange the full range of property finance across Wells and the wider Somerset area. Each deal is structured around your specific project, with terms negotiated from our panel of over 100 lenders.
The capital stack
Seven funding routes for
every Wells scheme.
Senior debt, mezzanine, bridging, equity, refurbishment, commercial mortgages and exit finance — arranged for Wells developers on the deal, not the product sheet.
Development Finance
Senior debt funding for ground-up residential and commercial developments.
Mezzanine Finance
Stretch your capital stack beyond senior debt to reduce equity requirements.
Bridging Loans
Short-term finance for acquisitions, auction purchases and time-sensitive deals.
Equity & Joint Ventures
Equity partnerships and JV structures for developers seeking capital partners.
Refurbishment Finance
Funding for light and heavy refurbishment projects including conversions.
Commercial Mortgages
Long-term finance for commercial property acquisition and refinancing.
Development Exit Finance
Short-term funding to repay development finance while you sell completed units.
Live market data
Wells
market snapshot.
HM Land Registry sold-price data for Wells over the last twelve months, alongside the live local planning pipeline. Updated weekly.
- Median price
- £330,000
- Sales (12m)
- 340
- YoY change
- Flat
- Approved (recent)
- 551
- Pipeline units
- 8,760
- Pipeline GDV
- £2868.6M
Wells development appraisal
Model the numbers
for your scheme.
Pre-populated with Wells median prices and typical senior-debt pricing. Adjust the inputs to match your deal and we will hand the working assumptions through to the Deal Room.
Scheme Inputs
Pre-populated with Wells median prices. Adjust to match your scheme.
Build cost pre-filled at £2,330/sqm (regional benchmark) for a 6-unit scheme. Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →
Capital Structure
Land Registry data
Recent property sales
in Wells.
340 residential transactions in the last twelve months. Median sold price £330,000
Detached
£560,000
Semi-Detached
£317,500
Terraced
£285,250
Flat
£190,000
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 21 Aug 2026 | 19, OLD MILL WAYBA5 2JU | Detached | £605,000 | Freehold |
| 18 Aug 2026 | 3, MELBOURNE HOUSE MEWSBA5 2PG | Terraced | £255,000 | Freehold |
| 17 Aug 2026 | 34, ST ANDREWS MEWSBA5 2LB | Terraced | £245,000 | Freehold |
| 14 Aug 2026 | 1E, KEWARD MILL WAYBA5 1PZ | Terraced | £435,000 | Freehold |
| 14 Aug 2026 | 11, NORTH ROADBA5 2TJ | Detached | £685,000 | Freehold |
| 10 Aug 2026 | 28, BEKYNTON AVENUEBA5 3NF | Semi-Detached | £475,000 | Freehold |
| 10 Aug 2026 | 11, EVERETT CLOSEBA5 3JG | Semi-Detached | £250,000 | Freehold |
| 10 Aug 2026 | HILLSIDE, ROCK STREETBA5 3QT | Terraced | £265,000 | Freehold |
| 7 Aug 2026 | 5, BROAD CLOSEBA5 3NJ | Semi-Detached | £295,000 | Freehold |
| 5 Aug 2026 | 12, PRIEST ROWBA5 2PY | Terraced | £250,000 | Freehold |
Planning pipeline
Planning activity
in Wells.
Recently Approved
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 2026/1089/FUL | Change of use from chapel (F1) to dwelling (C3) with repairs, roof renewal, repl… Near BA2 7LF | 1 | £330,000 | Pending | 01/10/2026 |
| 23/02859/OUT | Outline Application with some matters reserved except access for the constructio… Near TA14 6TB | 5 | £1.6M | Pending | 30/09/2026 |
| 26/01167/FUL | Erection of dwelling and associated works Near TA10 9DA | 1 | £330,000 | Pending | 30/09/2026 |
| 26/01830/PAMB | Prior Approval for the change of use of No.01 agricultural buildings to No.02 dw… Near BA22 8EB | 2 | £660,000 | Pending | 30/09/2026 |
| 2026/1511/PAA | Prior Approval for a proposed change of use of agricultural building to 1no. dwe… Near BA2 7RE | 1 | £330,000 | Pending | 29/09/2026 |
Current Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 2026/1860/PIP | Erection of a single dwelling. Near BA4 4PY | 1 | £330,000 | Pending | 23/09/2026 |
| 2026/1825/FUL | Re-development of existing caravan site to create a new total of 35 pitches with… Near BA11 2NJ | 35 | £11.6M | Pending | 22/09/2026 |
| 55/26/00003 | New independent residential (C3) dwelling with decking, demolition of existing g… Near TA7 8ND | 1 | £330,000 | Pending | 22/09/2026 |
| 2026/1811/PAA | Prior approval for a proposed change of use of silage barn to 8no. dwellinghouse… Near BA4 4HW | 8 | £2.6M | Pending | 21/09/2026 |
| 26/02226/PAMB | Prior Approval for the change of use of 3 No. agricultural buildings to 10 No. d… Near BA21 3QD | 10 | £3.3M | Pending | 21/09/2026 |
Source: HM Land Registry price paid data, 12 months to October 2026 · Somerset planning register, retrieved October 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.
Common questions
Property finance in Wells
— answered.
What is the average property price in Wells?
Is Wells a good area for property development?
What types of property finance are available in Wells?
How do I apply for development finance in Wells?
What are typical development finance rates in Wells?
Expert guides
Further reading
on development finance.
Where we fund
Wells,
Somerset.
Nearby markets
Adjacent towns
we also fund.
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Bridgwater
Median · £252,500
Hinkley Point C driving significant housing demand and town centre regeneration investment
Yeovil
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Frome
Median · £310,000
Creative town with strong lifestyle appeal and growing demand from London and Bristol relocators
Glastonbury
Median · £283,500
Unique tourism-driven market with festival economy and growing permanent population
Ready when you are
Tell us the deal.
We’ll recommend the structure.
Submit your development finance enquiry in Wells and a partner will come back with an initial structure and indicative terms within one working day. No forms-for-forms’-sake — a short note on the scheme is enough.