The list price of £360,000 seems relatively reasonable given the location and the substantial plot size suitable for development. While comparable properties are listed at higher prices, those are typically already-built homes. However, the uncertainty regarding planning permission and the cost of development are key factors that moderate the perceived value. The lack of a structure also necessitates considerable investment, influencing the price assessment. Therefore, while the land value supports a higher price, the required investment counters this somewhat.

Based on the provided photos, the property’s condition appears to be fair. The site appears largely undeveloped and overgrown in places. There are existing structures present that look to be in need of significant repair or demolition and rebuilding, hence the moderate score.

Crowle benefits from its proximity to good schools, which are noted as ‘Good’ by Ofsted. The presence of a train station, albeit at a short distance, provides access to wider transport links. While amenities may not be overly abundant within immediate walking distance, the town itself offers the basics. The location is therefore moderately strong, although not exceptional due to a lack of extensive local amenities.

The property boasts a significant plot size of 0.37 hectares (approximately 0.91 acres), which is substantial for a residential development in the UK. This large plot size represents excellent potential for development, thereby justifying a high score.