Fenn Wright says ..

Property Oracle says ..

Lavenham is a highly sought-after village in Suffolk, known for its picturesque setting and well-preserved medieval architecture. The property’s location on Water Street places it within easy walking distance of the village’s amenities, including shops, pubs, and the primary school. This contributes to a high score for location.

Based on the provided photographs, the property appears to be in excellent condition. It has been recently renovated or refurbished to a high standard, with modern fixtures and fittings throughout. The interior is well-presented and shows no signs of significant wear or damage. The exterior is also well-maintained. This suggests a high condition score.

The property includes a well-maintained, landscaped garden, which is a desirable feature in a village setting. The garden is of a good size and adds to the overall appeal of the property. This warrants a high land score.

The list price of £725,000 is higher than the average house price in the area (£479,894). However, the property is significantly larger than the average (1,834.92 sqft vs 1,361 sqft) and is in excellent condition. Furthermore, nearby comparable properties on Lady Street command prices in excess of £700,000. Considering the property’s size, condition, location, and the prices of similar properties, the list price appears reasonable, if not slightly on the higher end of the market value. A detailed comparative market analysis would be needed for a more precise valuation. This leads to a mid-range price score.

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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