Somerset
Wells
development finance.
Expert property development finance in Wells, Somerset. Median price £340,000, 229 annual sales. We connect developers with competitive funding from 100+ lenders.
- Median price
- £340k
- Sales (12m)
- 229
- YoY change
- +4.1%
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 £340,000 and 229 transactions in the last twelve months, Wells represents a focused market with prices up 4.1% year-on-year.
Detached homes command a median of £540,000 while flats average £192,500, reflecting the breadth of Wells's residential market. Terraced houses sit at £315,000, 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
- £340,000
- Sales (12m)
- 229
- YoY change
- +4.1%
- Approved (12m)
- 0
- Pipeline units
- 480
- Pipeline GDV
- £169.1M
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.
229 residential transactions in the last twelve months. Median sold price £340,000 (+4.1% YoY)
Detached
£540,000
Semi-Detached
£321,250
Terraced
£315,000
Flat
£192,500
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 17 Apr 2026 | 4, HIGH STREETBA5 1JZ | Terraced | £335,000 | Freehold |
| 17 Apr 2026 | 46, NORTH ROADBA5 2TL | Detached | £980,000 | Freehold |
| 15 Apr 2026 | APARTMENT 21, ST. ATHELM LODGE, WEST STREETBA5 2GW | Flat | £190,000 | Leasehold |
| 10 Apr 2026 | 3, ASH LANEBA5 2LT | Terraced | £351,000 | Freehold |
| 10 Apr 2026 | 50, BURCOTT ROADBA5 2EQ | Terraced | £200,000 | Freehold |
| 9 Apr 2026 | MERCHANT HOUSE, 5, PENN PLACEBA5 1DS | Terraced | £500,000 | Freehold |
| 8 Apr 2026 | SOLOMON COOMBEBA5 3BE | Detached | £585,000 | Freehold |
| 7 Apr 2026 | 1, SOUTHOVERBA5 1UG | Terraced | £535,000 | Freehold |
| 2 Apr 2026 | 22, MULLINS CLOSEBA5 2EX | Semi-Detached | £317,500 | Freehold |
| 30 Mar 2026 | 22, MANOR COURTBA5 1ER | Semi-Detached | £305,000 | Freehold |
Planning pipeline
Planning activity
in Wells.
Current Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 2026/1165/FUL | Erection of play equipment. Newbury Manor School Tinkers Lane Newbury Frome Somerset BA11 3RG | - | - | Pending | 22/06/2026 |
| 2026/1147/LBC | Installation of through floor lift Row Farm House Row Lane Laverton Frome Somerset BA2 7RA | - | - | Pending | 18/06/2026 |
| 2026/1135/FUL | Change of use of land to extend the residential curtilage Furlong House Ford Lane Henton Wells Somerset BA5 1PD | 1 | £355,000 | Pending | 17/06/2026 |
| 2026/1142/OHL | Install a new 11m pole in line with an existing overhead Low Voltage Line to res… Limes Lea The Street Chilcompton Radstock Somerset BA3 4HB | - | - | Pending | 16/06/2026 |
| 2026/1124/FUL | Erection of detached ancillary outbuilding to replace an existing ancillary outb… Land At 361348 144033 Forum Lane Bowlish Shepton Mallet Somerset | - | - | Pending | 16/06/2026 |
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 · £429,000
UNESCO World Heritage city with ultra-premium values and heritage conversion opportunities in Georgian townhouses
Taunton
Median · £279,975
County town with garden town aspirations, Firepool regeneration, and growing commuter appeal
Bridgwater
Median · £255,000
Hinkley Point C driving significant housing demand and town centre regeneration investment
Yeovil
Median · £245,000
South Somerset market town with aerospace employment base and affordable development land
Frome
Median · £313,125
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.