Butler & Stag says ..

Property Oracle says ..

Rye Hill Road is located in the Broadley Common area of Epping Forest, Essex. The property is a detached house with 5 bedrooms and 4 bathrooms, and a total area of 1,592.47 sqft. The plot size is substantial at 2,966.10 sqft. The list price is £1,250,000. Based on the provided images, the property appears to be in good condition. The interior shows recent renovations or updates to the kitchen and bathrooms, which are modern and well-maintained. The original features, such as exposed beams and brickwork, have been preserved and integrated tastefully into the updated spaces. There is evidence of careful restoration and modernisation, suggesting a high standard of upkeep. The property benefits from a significant amount of land, as evidenced by the photos showing extensive gardens and grounds. This is a desirable feature, particularly in a rural location such as this. The large garden, outbuildings, and open views contribute to the overall appeal and value of the property. Considering the property’s features, the list price of £1,250,000 requires careful evaluation. The average house price in the area is £727,730, and the average price per sqft is £485. This property is significantly larger than the average, and its location, condition, and land size are all above average. However, the lack of comparable properties with accurate sqft data makes a precise price comparison challenging. The nearby listings show a range of prices, with some exceeding the list price, but they lack consistent sqft information preventing an accurate per sqft comparison. Therefore, while the list price is higher than the average, the unique features and substantial plot size of this property may justify the higher asking price. Further research into comparable properties with similar characteristics would be needed to definitively assess the price reasonableness.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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