Savills says ..

Property Oracle says ..

The property is a substantial five-bedroom house located in Woolsthorpe by Belvoir, Lincolnshire. The photos show a property that appears to be in good condition, well-maintained, and possessing many period features. The large plot size is a significant advantage. The location is desirable, being a village setting with views of Belvoir Castle. However, the list price is significantly higher than the average for the area, and this needs to be considered in relation to the property’s size and condition.

The property’s size (4,632.25 sqft) is considerably larger than the average for the area (1,205 sqft). The average price per sqft in the area is £255.00. Based on this, a property of this size might be expected to cost approximately £1,180,000 (£255 x 4632.25). The list price of £1,850,000 is substantially higher than this figure. This discrepancy needs to be justified by considering the property’s condition, location, and land size.

The property is situated in a desirable village location, offering a peaceful setting while still being within reasonable distance of local amenities and transport links. The presence of good schools nearby adds to the desirability of the location. The extensive grounds surrounding the property are a significant asset, providing ample space and privacy. The property itself appears well-maintained and in good condition, with high-quality finishes and period features evident in the photographs. These factors contribute to a higher value than the average property in the area.

Considering all factors, the list price reflects the property’s size, condition, location, and significant land area. While it is higher than the average price per sqft, the unique features and desirability of the property may justify this premium.

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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