Fletcher & Company says ..

Property Oracle says ..

The property is a 4 bedroom, 2 bathroom detached house located in Quarndon, Derbyshire. It is situated in a desirable area with good access to local amenities and transport links. The nearby schools are rated as good or better according to Ofsted reports. The property itself appears to be well-maintained and modernised, with a recently extended kitchen and conservatory. There is a good-sized garden with a decked area.

Given the average price per square foot in the area is £727, and this property is 1,850 sqft, a reasonable expectation for the price might be in the region of £1,342,000. However, the list price is significantly lower at £625,000. This suggests that the property may be underpriced, potentially due to a lack of comparable recent sales data for similar properties in the immediate vicinity. The nearby properties show a wide range of prices, making it difficult to establish a definitive market value. The lack of plot size information for many of the comparable properties makes a precise price comparison challenging. Further investigation into recent sales in Quarndon would be needed to determine if the list price is truly undervalued.

Based on the images provided, the property appears to be in excellent condition, having undergone recent modernisation. There is evidence of a high-quality kitchen and conservatory extension. The garden is well-maintained and provides a pleasant outdoor space. The property benefits from a garage.

The location appears to be excellent, given its proximity to good schools and transport links. Quarndon is a sought-after village, and the property’s position within the village likely contributes to its desirability.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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