Rivendell Estates says ..

Property Oracle says ..

Iron Mill Lane, Oldford, Frome is a detached property situated in the Mendip district of Somerset. The property benefits from a sizable plot of 2,540 sqft and is listed at £1,150,000. The average house price in the area is £936,000, with an average price per sqft of £274. The property appears to be in good condition, well-maintained and modernised while retaining some traditional character. The images show a well-presented interior with updated fixtures and fittings. The exterior is also well-maintained, with a large garden and ample parking. The presence of a detached garage adds to the property’s appeal. The property is located near a river, providing a tranquil and picturesque setting. The location is relatively rural, offering peace and quiet. However, it’s reasonably close to Frome, which provides access to amenities such as shops, transportation (Great Western Railway is 2.53 KM away), and schools. Frome Community College and Selwood Academy are both rated ‘Good’ by Ofsted and are within a reasonable distance. Given the property’s condition, location, and land size, the list price of £1,150,000 appears to be in line with or slightly above the average for the area. However, the lack of sqft information for comparable properties makes a precise price comparison difficult. The presence of a significant plot of land and the property’s desirable features could justify the higher price.

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

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