Francis Louis says ..

Property Oracle says ..

The property located on Rosebarn Avenue in Exeter, Devon is a 5-bedroom, 3-bathroom house with 1,906.64 sqft of living space and a 2,744.07 sqft plot. The list price is £1,000,000. Location: The property benefits from its proximity to several highly-rated schools, including Stoke Hill Infant and Nursery School (Outstanding Ofsted rating) and Stoke Hill Junior School (Good Ofsted rating), both within a kilometer. The location also offers convenient access to several Great Western Railway stations, with St James Park station being the closest at 0.96km. This suggests a desirable location for families and commuters. Condition: Based on the provided images, the property appears to be in excellent condition. It has undergone significant modernisation and extension, boasting a contemporary, well-maintained interior and exterior. The kitchen and living areas are particularly impressive, showcasing high-quality finishes and a seamless flow between indoor and outdoor spaces. Land: The property includes a substantial garden, offering ample outdoor space. The garden appears well-maintained and includes various features such as a patio area, pergola, and raised garden beds. The size of the plot (2,744.07 sqft) is significantly larger than the average for the area, further enhancing its appeal. Price: Considering the property’s size (1,906.64 sqft), excellent condition, large garden, and desirable location near good schools and transport links, the list price of £1,000,000 warrants further examination. The average price per sqft in the area is £365.00. While the list price is significantly higher than the average house price (£418,459), it is important to note that comparable nearby properties, such as the 2,067 sqft detached house on Pennsylvania Road listed at £937,500, support the higher price point. The property’s superior condition, larger plot size, and excellent location justify a premium compared to the area average. A detailed comparative market analysis of similar properties in the immediate vicinity would be beneficial to fully assess the price rationale.

Therefore, we give this property 9 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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