Paul Fox says ..

Property Oracle says ..

This property is a 5 bedroom, 2 bathroom bungalow located in Redbourne, Lincolnshire. The property is listed at £585,000 and has 3,010 sqft of living space and a 2,545.70 sqft plot.

The property appears to be in excellent condition, having undergone recent modernisation. The kitchen is modern and well-equipped, and the bathrooms are contemporary. The images show a well-maintained garden, suggesting a good level of upkeep. The property also benefits from a detached garage and ample off-street parking.

The location is in a quiet residential area. Several well-regarded schools are within a reasonable distance, including Hibaldstow Academy and Waddingham Primary School, both rated ‘Good’ by Ofsted. Train stations at Kirton Lindsey and Brigg are within commuting distance.

Considering the property’s size, condition, features (including the gym and cinema room), and location, the asking price of £585,000 appears to be in line with, or potentially slightly above, the average price for similar properties in the area. However, the lack of comparable property data (nearby listings have no sqft data) makes a precise price comparison difficult. The average price per sqft in the area is £279, suggesting that this property, at approximately £194 per sqft, might be considered slightly overvalued if compared directly to the average. However, the superior condition, additional features, and larger plot likely justify a premium.

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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