John German says ..

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom detached house located on Derby Road in Lower Kilburn, Derbyshire. The house has a sizeable plot of 1,860 sqft and the internal area is 1,468.20 sqft. The list price is £500,000. The location benefits from being relatively close to several primary schools with good Ofsted ratings, including Horsley Cofe (Controlled) Primary School which is less than 1km away. There are also several other schools within a 2km radius. The proximity to train stations at Duffield, Belper, Ambergate and Derby provides good transport links. Images show the property to be in excellent condition, having undergone a significant extension and modernisation. The kitchen and living areas are modern and well-presented, and the bathrooms appear recently updated. The garden is a key feature, offering a substantial amount of outdoor space. Considering the average house price in the area is £394,671 and the average price per sqft is £384, the list price of £500,000 for this 1468.20 sqft property appears high. However, the property’s superior condition, significant plot size, and modern extension justify a higher price than the average. The nearby comparable properties are limited in their data, not providing sqft information, making a direct comparison difficult. However, the higher price is partly explained by the significant improvements to the property.

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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