Somerset
Wells
development finance.
Expert property development finance in Wells, Somerset. Median price £357,500, 222 annual sales. We connect developers with competitive funding from 100+ lenders.
- Median price
- £358k
- Sales (12m)
- 222
- YoY change
- +10%
Wells, Somerset
Property finance
in Wells.
Wells - england's smallest city with cathedral heritage and premium boutique development opportunities. With a median property price of £357,500 and 222 transactions in the last twelve months, Wells represents a focused market with prices up 10% year-on-year.
Detached homes command a median of £555,000 while flats average £187,000, reflecting the breadth of Wells's residential market. Terraced houses sit at £295,000, 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, cross-referenced with local planning pipeline. Updated weekly.
- Median price
- £357,500
- Sales (12m)
- 222
- YoY change
- +10%
- Approved (12m)
- 0
- Pipeline units
- 4,570
- Pipeline GDV
- £1580.3M
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.
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.
222 residential transactions in the last twelve months. Median sold price £357,500 (+10% YoY)
Detached
£555,000
Semi-Detached
£325,000
Terraced
£295,000
Flat
£187,000
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 13 Feb 2026 | PEAR TREE COTTAGE, WELLS ROADBA5 1LQ | Semi-Detached | £422,500 | Freehold |
| 9 Feb 2026 | 24, EVERETT CLOSEBA5 3JG | Semi-Detached | £230,000 | Freehold |
| 5 Feb 2026 | JASMINE COTTAGE, WELLS ROADBA5 1LQ | Semi-Detached | £480,000 | Freehold |
| 5 Feb 2026 | 1, BATH ROADBA5 3HP | Semi-Detached | £630,000 | Freehold |
| 2 Feb 2026 | WEST CLOSE COTTAGE, STOKE ROADBA5 1HD | Detached | £320,000 | Freehold |
| 30 Jan 2026 | FISHERS ORCHARD, YARLEY HILLBA5 1PA | Other | £785,000 | Freehold |
| 30 Jan 2026 | 3, GLENVIEW, TITLANDS LANEBA5 1BD | Terraced | £485,000 | Freehold |
| 30 Jan 2026 | 17, BATH ROADBA5 3HP | Terraced | £515,000 | Freehold |
| 30 Jan 2026 | EAST COTTAGE, LONG STREETBA5 3QH | Semi-Detached | £315,000 | Freehold |
| 30 Jan 2026 | SCHOOL HOUSEBA5 1PD | Semi-Detached | £585,000 | Freehold |
Planning pipeline
Planning activity
in Wells.
Current Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 2026/0848/LBC | Remove and replace all leadwork, replace all roof slates with natural slate, rep… 4 Catherine Hill Frome Somerset BA11 1BY | - | - | Pending | 05/05/2026 |
| 2026/0817/OUT | Application for Outline Planning Permission with all matters reserved for the er… Land At 356689 132052 High Street West Lydford Somerton Somerset | - | - | Pending | 01/05/2026 |
| 2026/0851/DEM | Application for prior notification of demolition of 4 agricultural buildings and… Barns At 349880 148330 Lodge Hill Farm Rodmead Lane Westbury Sub Mendip Wells Somerset | - | - | Pending | 30/04/2026 |
| 2026/0822/FUL | Alter the allocated access route to the two lodges at Knapps Farm to another exi… Knapps Farm Kings Road Doulting Shepton Mallet Somerset BA4 4LA | - | - | Pending | 28/04/2026 |
| 2026/0799/FUL | Installation of a ground mounted solar photovoltaic array within land to the rea… 2 Brick Cottages Polsham Lane Polsham Wells Somerset BA5 1RR | - | - | Pending | 28/04/2026 |
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.
Bath
Median · £430,000
UNESCO World Heritage city with ultra-premium values and heritage conversion opportunities in Georgian townhouses
Taunton
Median · £279,300
County town with garden town aspirations, Firepool regeneration, and growing commuter appeal
Bridgwater
Median · £250,000
Hinkley Point C driving significant housing demand and town centre regeneration investment
Yeovil
Median · £243,000
South Somerset market town with aerospace employment base and affordable development land
Frome
Median · £317,000
Creative town with strong lifestyle appeal and growing demand from London and Bristol relocators
Glastonbury
Median · £276,500
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.