Humberts says ..

Property Oracle says ..

The property is a detached house located in Honiton, Devon, with 4 bedrooms and 2 bathrooms. The property is listed at £725,000 and has 2,720 square feet of living space. The plot size is not specified. The location is good, with a train station (Honiton) less than a kilometer away. There are also several schools nearby, including Littletown Primary Academy (rated “Good” by Ofsted) and Honiton Community College (also rated “Good”). This suggests convenient access to transport and education. Based on the photos, the property appears to be in good condition. It is a period property with traditional features such as exposed beams and a working water wheel. The property appears well-maintained, although some aspects might be considered traditional rather than modern. The property includes a substantial garden with various features, including a water feature and raised garden beds. This adds to its appeal and value. Considering the list price of £725,000, the average price in the area is £297,585, and the average price per square foot is £318. This property is significantly larger than average (2,720 sqft vs 934 sqft). While the higher price reflects the larger size and desirable features (garden, period features), it is considerably above the average price for the area. A detailed comparison with similar properties in the area is needed to fully assess the price’s reasonableness. The lack of sqft data for nearby properties makes a precise price per sqft comparison impossible. However, given the unique characteristics, the price may be justified.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images