Red Lion Yard, Wells-next-the-sea house prices are built from 15 sales lodged with HM Land Registry, the oldest in 2024 and the most recent on 19 Jan 2024. The median price paid across the whole record is £215,000.
Median price paid
£215,000
HM Land Registry15 salesLatest sale 19 Jan 2024
Section 01
How Red Lion Yard, Wells-next-the-sea prices moved
There are too few years of sales in Red Lion Yard, Wells-next-the-sea to plot a trend line. The figures below are drawn from the whole record rather than a yearly series.
Section 02
The most recent sales
Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.
| Address | Sold | Type | Price paid | In today's money |
|---|---|---|---|---|
| Well Fleet Cottage | 19 Jan 2024 | Terraced | £440,000 | £462,985 |
| 2 | 19 Nov 2021 | Terraced | £425,000 | £536,962 |
| 4 | 20 Jul 2018 | Detached | £755,000 | £1,006,191 |
| St Michaels House | 7 Dec 2017 | Terraced | £935,000 | £1,272,539 |
| Fishermans Cottage | 12 Dec 2008 | Terraced | £215,000 | £360,893 |
| Quay View | 2 May 2008 | Terraced | £200,000 | £335,714 |
| Hideaway Cottage | 19 Feb 2008 | Terraced | £320,000 | £537,143 |
| Hideaway House | 7 Sep 2007 | Semi-detached | £434,050 | £754,637 |
| The Barn | 7 Jul 2006 | Semi-detached | £130,000 | £231,439 |
| 4 | 16 Sep 2004 | Detached | £345,000 | £640,066 |
| Quay View | 14 Nov 2003 | Terraced | £155,000 | £292,962 |
| Quay View | 9 Apr 1999 | Terraced | £74,000 | £150,780 |
| St Michaels House | 15 Aug 1997 | Terraced | £167,500 | £355,150 |
| 4 | 18 Jul 1997 | Detached | £87,000 | £184,466 |
| 4 | 29 Apr 1997 | Detached | £65,000 | £137,820 |
Section 03
Homes that sold twice
These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to Red Lion Yard, Wells-next-the-sea values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| 4 Red Lion Yard | £65,000 (1997) | £755,000 (2018) | +12.4% | +9.9% |
| ST MICHAELS HOUSE Red Lion Yard | £167,500 (1997) | £935,000 (2017) | +9.0% | +6.6% |
| QUAY VIEW Red Lion Yard | £74,000 (1999) | £200,000 (2008) | +11.7% | +9.3% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. Red Lion Yard, Wells-next-the-sea is dominated by the type at the top of this table, so its overall median leans that way.
| Property type | Sales | Share | Median paid | Range |
|---|---|---|---|---|
| Terraced | 9 | 60.0% | £215,000 | £74,000 – £935,000 |
| Detached | 4 | 26.7% | £87,000 | £65,000 – £755,000 |
| Semi-detached | 2 | 13.3% | £130,000 | £130,000 – £434,050 |
Section 06
Ownership and new build in Red Lion Yard, Wells-next-the-sea
0 of the sales on record are leasehold and 15 freehold — 0.0% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 0 | 0.0% | — |
| Freehold | 15 | 100.0% | £215,000 |
| New build | 1 | 6.7% | £130,000 |
| Existing home | 14 | 93.3% | £267,500 |
New builds sold for less than the median existing home — -51.4%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.
A further 1 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.
Section 09
How Red Lion Yard, Wells-next-the-sea compares
The median across the whole archive is £157,500. Red Lion Yard, Wells-next-the-sea sits above that national figure — +36.5%.
Within Wells-next-the-sea the street ranks 47 of 79 by median price, and its median is below the town figure of £249,000 (-13.7%).
No EPC floor areas could be matched to these sales, so no price per square metre is published here. An estimate would be a guess, and the archive does not publish guesses.
The full range on record runs from £65,000 to £935,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.
Section 10
Nearby on the record
Streets nearby
- Wells Road£230,000 median
- High Street£268,000 median
- Freeman Street£205,000 median
- Ashburton Close£369,995 median
- Waveney Close£202,500 median
- Mill Road£210,000 median
- The Buttlands£242,000 median
- Church Street£255,000 median
- Mill Court£205,000 median
- Northfield Lane£249,950 median
- The Quay£276,250 median
- Mainsail Yard£342,000 median
- Park Road£196,500 median
- Chapel Yard£228,751 median
- East End£232,500 median
- Staithe Street£204,000 median
Addresses with more than one recorded sale
- 4 Red Lion Yard4 sales
- QUAY VIEW Red Lion Yard3 sales
- ST MICHAELS HOUSE Red Lion Yard2 sales
Back to Wells-next-the-sea house prices.
Quick answers
Common questions about this data
What is the average house price in Red Lion Yard, Wells-next-the-sea?
The median price paid in Red Lion Yard, Wells-next-the-sea across every sale on the register is £215,000. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.
How many homes have sold in Red Lion Yard, Wells-next-the-sea?
15 sales are on record for Red Lion Yard, Wells-next-the-sea, the most recent completing on 19 Jan 2024. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
What is the price per square metre in Red Lion Yard, Wells-next-the-sea?
No EPC floor areas could be matched to these sales, so no price per square metre is published for this area. Nothing is estimated to fill the gap.
How current is this data?
The latest sale shown here completed on 19 Jan 2024. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.
Cite this page: Sold Price History, “Red Lion Yard, Wells-next-the-sea house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.