Lovelle says ..

Property Oracle says ..

Location: The property is situated in Kenwick Pastures, Louth, which is in the East Lindsey district of Lincolnshire. The area has several schools within a kilometer radius, including St Michael’s Church of England School and St Bernard’s School, both rated ‘Good’ by Ofsted. This positive attribute contributes to a family-friendly environment and potentially higher property values. However, information on nearby transportation links is lacking, which could be a limiting factor for some buyers.

Condition: Based on the provided images, the property appears to be in generally good condition. The interior shows a well-maintained, if slightly dated, aesthetic. The kitchen and bathrooms are clean and functional, though a modernisation could enhance their appeal. There is no visible evidence of significant repair needs. The exterior also presents well, with a neat garden and driveway.

Land: The property includes a sizeable garden, offering ample outdoor space. This is a significant advantage, particularly for families or those seeking privacy and recreational areas.

Price: The list price of £435,000 is slightly below the average price of £520,205 for the area. Considering the property’s size (1,525 sqft) and the average price per sqft of £519, a reasonable expectation would be around £789,000. However, the average sqft in the area is 1002 sqft. Therefore, the property is significantly larger than the average property in the area. The fact it is below average price and larger than average size, suggests the price may represent good value, especially given its good condition and substantial garden. However, a more detailed comparison with similar properties in the immediate vicinity would be beneficial to solidify this assessment. The lack of sqft information for nearby properties makes a precise comparison difficult.

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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