Harris + Wood says ..

Property Oracle says ..

The property is a magnificent detached house situated in the village of Mayland. Mayland appears to offer local shops and restaurants, and is conveniently located within a short driving distance of Chelmsford. The presence of Maylandsea Primary School, rated ‘Good’ by Ofsted, within a short distance (0.68 KM), adds to the family-friendly appeal of the location. Train stations such as Althorne (Essex) are also relatively close by, providing access to other areas. The expansive garden and large plot size, as advertised, are significant features that contribute positively to the property’s overall value.

The property itself appears to be in excellent condition. The high-quality finishes, modern kitchen, and well-maintained interior and exterior are evident from the photographs. The inclusion of features such as a swimming pool further enhances the property’s desirability and suggests a high level of upkeep.

Given the property’s apparent excellent condition, desirable location, and substantial land area (1.25 acres), the list price of £1,200,000 requires further investigation. Nearby properties on Steeple Road have sold for prices ranging from £332,000 to £635,000, indicating significant price variation. The highest priced comparable property, however, is located on Vicarage Lane and sold for £1,500,000. This suggests that the £1,200,000 asking price may be reasonable, considering the size, condition, and location of the property, particularly if it is significantly larger than the comparables. However, without precise square footage data, a definitive conclusion on the price’s rationality cannot be made.

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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