The asking price of £500,000 appears to be somewhat high considering the dilapidated state of the existing structures and the need for extensive work before it can be developed. While the land itself holds value, the significant costs associated with demolition, planning permission, and construction would greatly influence the overall feasibility of the project. Comparatively, nearby properties with similar square footage (though in substantially different condition) are listed at far higher prices. However, due to the scale of the land, the price is not entirely unreasonable given potential future value.

Based on the provided photographs, the existing structures on the land appear to be in poor condition. Significant repairs or demolition and redevelopment would be required before the site could be considered habitable or suitable for any meaningful use. The overall state of the buildings and structures is significantly below average.

The property benefits from being situated in Wood Street Village, Guildford, a sought-after area known for its semi-rural setting and proximity to Guildford town centre. The nearby presence of well-regarded schools, such as Wood Street Infant School (Outstanding Ofsted rating), further enhances its desirability. Accessibility to various train stations, though requiring a short drive, adds to the location’s appeal.

The property boasts a sizeable plot of land, offering ample space and potential for development. While currently undeveloped and overgrown, the extent of the land represents a substantial asset, particularly in a desirable location such as Wood Street Village.