Hunters says ..

Property Oracle says ..

This property is a detached house located on Back Lane in Glapwell, Chesterfield. The area benefits from several nearby primary schools all with a ‘Good’ Ofsted rating, within a reasonable distance. The closest is Palterton Primary School, approximately 2.14km away. Several train stations are also within approximately 9km, providing access to the East Midlands Railway network.

The property itself appears to be a period property, possibly dating back some time, with many original features such as exposed beams and panelled walls. However, it is in need of significant modernisation and renovation. The images show outdated decor, worn carpets and flooring, and some areas requiring attention, such as the attic and one of the bathrooms. The kitchen and some rooms show significant wear and tear. The property does benefit from a sizeable garden, with various features such as a greenhouse and pergola. The presence of a double garage is also a positive.

Considering the average house price in the area is £281,716, and the average price per square foot is £302, the listing price of £500,000 seems high, especially considering the significant renovation needed. Nearby comparable properties are listed at significantly lower prices, further supporting this assessment. The lack of square footage data for the subject property makes a precise price per square foot comparison impossible, however, based on the available information, the asking price appears to be overvalued.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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