The asking price of £600,000 for a plot with planning permission for six detached houses is analyzed considering similar plots. Nearby listed plots and the lack of detail on the land’s specific square footage prevent an exact per-square-foot calculation. However, considering the potential value of six new homes once built, the price appears relatively reasonable, though not exceptionally high or low, in the context of the UK’s volatile property market and the present economic factors.

As the property is a plot of land for development, it’s not possible to assess its condition in the traditional sense. Therefore, a score of 1 reflects the fact that there is no existing structure to assess.

The property is situated in Well End, Friday Bridge, a village with nearby schools including Shelldene House School (Good Ofsted rating) and Friday Bridge Community Primary School, albeit requiring improvement. The proximity to these schools, coupled with the village setting, makes this location reasonably desirable for families. The absence of nearby public transportation is a minor drawback, however, the location’s quiet nature and relative proximity to other towns can be appealing for some buyers.

The large plot size for development makes this a high scoring item. The available land offers significant potential for building multiple dwellings, making the size exceptional compared to standard residential plots. The considerable expanse of land is therefore scored highly.