Frank Innes says ..

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom detached house located in Loughborough, Leicestershire. It has a relatively small plot size of 0.00 sqft, which is a key factor to consider. The property appears to be in good condition, with modern fixtures and fittings evident in the provided images. The internal decor is contemporary and well-maintained. The kitchen and bathrooms are modern and clean. The property benefits from a small, enclosed rear garden, which is well-maintained, although relatively small. The list price of £225,000 is significantly lower than the average house price in the area (£549,850). However, this is likely due to the smaller size (897.71 sqft) of the property compared to the average (1,260 sqft). The average price per sqft in the area is £436, suggesting that the property’s price might be slightly undervalued, despite being smaller than average. Nearby comparable properties support this, with prices ranging from £139,000 to £325,000 for various property types. The lack of sqft data for nearby properties makes a precise comparison challenging. The location is positive, with several good schools within a reasonable distance, including Outwoods Edge Primary School and Woodbrook Vale School, both rated ‘Good’ by Ofsted. Good transport links to Loughborough are also a benefit. In summary, this property offers a modern, well-maintained home in a good location with convenient access to amenities and schools. While the plot size is small, the price appears reasonable given the property’s condition and the lower average prices of nearby properties. The smaller size compared to the area average needs to be considered.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images