The list price of £1,295,000 reflects the potential value of the planned development. However, the current state of the property means that the cost of conversion and planning permission must be factored in. Comparing this to the prices of other plots in the area, and similar development opportunities, suggests the listed price isn’t excessively high, but also not exceptionally low; this makes the price reasonable, albeit not exceptional value.

The existing barns appear to be in fair condition, but they are clearly in need of significant renovation or demolition before conversion into dwellings as planned. The photos show some wear and tear. Therefore, the condition score reflects the current state before the planned development, and this development is a significant undertaking.

The property benefits from a desirable rural location in Alveston, Warwickshire, close to Stratford-upon-Avon. The proximity to good schools (The Croft Preparatory School and Alveston Cofe Primary School being within a reasonable distance) adds to the appeal for families. While transport links might require a short drive to Stratford-upon-Avon, the countryside setting is a major advantage for many buyers. This makes for a relatively strong location score.

The property boasts a substantial land area, as evidenced by the aerial photographs. The extensive plot size is a key selling point and is a major factor in justifying the asking price, contributing to a high land score.