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Preywater Road, Wookey, Wells, BA5

South West

£1,950,000
Listed on 28/12/2025

Property Details

Bedrooms
7
Type
Detached house
Area
11375 sqft

Description

Court Farm is a historically significant property that presents significant renovation and investment potential. Originally acquired by the current owners in 2011, it has undergone extensive restoration under the guidance of a conservation architect, successfully blending modern living with its rich heritage. The property is characterized by well-proportioned rooms with high ceilings and retains many period features including flagstone flooring, beamed ceilings, stone mullion windows, and impressive fireplaces. A notable highlight is the drawing room, once a bishop's parlour, showcasing exquisite moulded beams and a large stone fireplace fitted with a log burner. The accommodation comprises seven bedrooms, with four of them enjoying picturesque south-facing views over the meadows. An attic room offers possibilities for conversion into additional living space, subject to necessary planning permissions. A substantial adjoining farm building could serve as an artist's studio or be transformed into more living quarters. The annexe represents another element of potential; having been converted from an old stone farm building to a high standard in 2015, it boasts contemporary design while maintaining traditional aesthetics. It includes flexible living spaces ideal for guests or rental opportunities. The grounds are expansive and feature a range of outbuildings that could be repurposed for various uses such as home offices or leisure facilities. Additionally, there are beautifully landscaped gardens that enhance the property's appeal and provide potential for further landscaping or development. The setting is tranquil yet accessible to local amenities in Wookey and nearby Wells city, known for its historic charm and community spirit.

Investment Analysis

(BA5 area)

Below Market Value

This property is priced -50.8% below area average per sq ft

-50.8%
Potential saving
This Property
£171/sq ft
Area Average
£348/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£4,355,601
10% above area average per sq ft
Potential ROI
+98.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (BA5)

Area prices are rising by +5.9% over the last 12 months
3 year growth: 4.6%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on BA5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Preywater Road, Wookey, Wells, BA5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£7,143
Based on a loan of £1,462,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE