The listing price of £380,000 seems reasonable when considering the average property price in the area and the potential of the land. However, the poor condition of the existing structures and the need for extensive renovation or redevelopment work should be factored into the overall value assessment. The price reflects the potential for development rather than the current state of the property.

Based on the images, the property, including the barn and any existing structures, appears to be in poor condition, requiring significant renovation or redevelopment. The presence of what seems to be a derelict barn and general disrepair suggests considerable investment would be needed to bring the property up to modern standards.

The property is located in a rural area of Lancashire, near the coast. While this offers scenic views and a quiet environment, it is relatively isolated and requires reliance on personal transportation. Access to amenities and services may be limited compared to more urban locations. However, it is near the Arnside and Silverdale Area of Outstanding Natural Beauty.

The property includes a substantial plot of land, as evidenced by the surrounding fields and open space. This offers potential for various uses, including agricultural, equestrian, or development purposes, subject to planning permissions. The size of the land is a significant asset, providing privacy and opportunities for expansion or diversification.