Newton Fallowell says ..

Property Oracle says ..

Location: Metheringham is a village in Lincolnshire, with a population of around 2,000 people. It has a good selection of local amenities, including a primary school, shops, and a railway station with links to Lincoln and other towns. The property is conveniently located near The Metheringham Primary School, which is rated ‘Good’ by Ofsted. The proximity to the railway station provides convenient access to other areas. Overall, the location is desirable for families and those seeking a peaceful yet accessible village life.

Condition: The property appears to be in excellent condition. The images show a modern, well-maintained interior and exterior. The kitchen and bathrooms are recently updated, and the property is presented to a high standard throughout. There is no evidence of any significant repairs or renovations needed.

Land: The property has a good-sized garden, as shown in the images. It includes a patio area, a hot tub, and a pergola, providing ample outdoor space for relaxation and entertaining. The garden is well-maintained and adds significant value to the property.

Price: The list price of £375,000 seems reasonable given the property’s condition, location, and land size. The average house price in the area is significantly higher (£617,857), and the average price per square foot is £544. This property, at 1370 sqft, would be expected to cost around £743,000 based on the average price per sqft in the area. However, considering the lower prices of nearby properties and the overall market conditions, the asking price appears competitive and represents good value for money. The smaller plot size compared to the average may account for the lower price.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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