The list price of £500,000 for a development site with planning permission for nine dwellings appears reasonable. While the absence of nearby comparable sales data prevents a precise per-square-foot evaluation, the price reflects the potential return from building and selling the nine new dwellings. However, potential purchasers should carefully calculate the total build costs and profits.

The property is a development site; therefore, it has no existing structure and thus cannot be evaluated for condition. A score of 1 reflects the absence of a building. The land itself may or may not be in suitable condition to build on, which should be investigated with a surveyor.

Wisbech St Mary is a village offering a quieter lifestyle compared to larger towns. The proximity to a primary school (Wisbech St Mary Cofe Academy) is a plus for families, although the school’s Ofsted rating of ‘Requires Improvement’ should be considered. Other schools are within reasonable driving distance, but this may be a factor for some buyers. The lack of immediate public transport is a potential drawback.

The significant plot size of 9,840 sqft (0.98 Ha) represents a substantial amount of land for development, justifying a high score. The additional 0.3 Ha of adjoining land further increases its value.