IAD says ..

Property Oracle says ..

The property is located in Rectory Lane, Farnham, Bishop’s Stortford, Essex, CM23 1HU. It’s an end of terrace house with 4 bedrooms and 2 bathrooms, offering 1,522.68 sqft of living space and a 1,321.81 sqft plot.

The location is good, with Farnham Church of England Primary School (rated ‘Good’ by Ofsted) just 0.15km away. Several other primary schools are within a 3km radius, and Bishop’s Stortford College is approximately 3.38km away. The proximity to Bishop’s Stortford train station (4.53km) provides convenient access to Greater Anglia rail services.

Based on the photos, the property appears to be in good condition. It has been well-maintained and modernised, with a recently updated kitchen and bathrooms. There is no visible evidence of significant repairs or renovations needed. The interior is presented in a clean and contemporary style. The garden is well-maintained and of a reasonable size for an end of terrace property.

Considering the average price per sqft in the area is £504.00 and this property is listed at £425,000, the price seems reasonable. While the average house price in the area is £415,625, this property is larger than average (1,522.68 sqft compared to the average of 824 sqft). Nearby comparable properties on Rectory Lane support this price point. For example, 13 Rectory Lane, a terraced house with 1,025 sqft, sold for £390,000. The larger size and modern condition of the property justify the higher price compared to other nearby properties.

The property benefits from a good-sized garden, offering additional outdoor space. The presence of a shed and a decked area further enhances the property’s appeal.

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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