South Horrington - Detached new build house with opportunity to design kitchen
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South Horrington - Detached new build house with opportunity to design kitchen

By Lodestone Property

£ 885,000

Reviews

3 out of 5 stars

Lodestone Property says ..

Just outside the small Somerset city of Wells and with amazing countryside views; The Fairway has been beautifully crafted to a high specification internally and externally. A combination of fine materials have been incorporated including Mendip stone and Siberian Larch cladding externally, wit...

Property Oracle says ..

This property is a four-bedroom, two-bathroom detached new-build house located in South Horrington, Somerset, listed at £885,000. The property is attractively presented externally, using high-quality materials like Mendip stone and Siberian Larch cladding. It enjoys views over countryside and sports facilities, offering a tranquil setting, and it is situated within reasonable distance of local schools and amenities such as the nearby city of Wells. However, the property is currently unfinished internally, with the kitchen and many other features yet to be installed. The garden is visible but its size is difficult to determine from the photographs; it seems fairly modest for a house in this price range. The lack of details about plot size and the cost per square foot makes a definitive assessment of value challenging. Several nearby properties, of similar type and bedroom numbers but seemingly finished and potentially with more mature gardens, are listed at similar prices. This suggests the price point is relatively competitive within the local new build market but the unfinished nature of the property and lack of specifics regarding garden size make it less attractive than a more complete alternative. The considerable distance to the nearest transportation links might also be a deciding factor for some buyers. Overall, prospective buyers should approach with realistic expectations, keeping in mind the cost of completing the interior fit-out and the relatively small plot size. The lack of information on certain key features such as the precise plot size prevents a conclusive valuation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
4
Bathrooms
2
Sqft (est)
1,882.61

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
475,000.00 £
Increased by 2.81 %
from 462,030.00 £
Est sale value
1,263,231.31 £
Increased by 139.64 %
from 527,130.80 £
Average area rental value
1,350.00 £/mo
Increased by 1.35 %
from 1,332.00 £/mo
Est letting value
1,882.61 £/mo
from 0.00 £/mo
Est rental Yield
3.41 %
Decreased by 1.45 %
from 3.46 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Lodestone Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Horrington Primary SchoolAcademy Converter1.29 KM
Stoberry Park SchoolCommunity SchoolGood2.67 KM
Wells Cathedral SchoolOther Independent School2.93 KM
Croscombe Church Of England Primary SchoolVoluntary Aided SchoolRequires improvement3.91 KM
The Blue SchoolAcademy ConverterGood4.09 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
School Lane £ 875,00000.00 KM
Foster Close £ 000.00 KM
New Close £ 472,50000.00 KM
Middle Farm Cottages £ 000.00 KM
Kingdom £ 587,50000.00 KM

Nearby Properties

AddressPriceDistance
22 South Meadow £ 109,0000.20 KM
18 South Meadow £ 310,0000.20 KM
14 South Meadow £ 275,0000.20 KM
7 South Meadow £ 370,0000.20 KM
6 South Meadow £ 192,0000.20 KM