The list price of £275,000 seems relatively reasonable considering the property’s location in Instow. However, the lack of land and the need for potential modernisation slightly lowers the value. Comparing it to other properties in the area, while some are significantly more expensive, others are comparable, suggesting the price is in a competitive range. The limited information on square footage for nearby properties makes a precise price per square foot comparison impossible.

While the property appears well-maintained and clean from the photos, some aspects suggest it may benefit from modernisation. The kitchen and bathroom appear dated, and while the living areas are presentable, a full renovation might be desirable for some buyers. This results in a moderate condition score.

Instow is a highly desirable coastal village in North Devon, known for its beautiful beach, charming atmosphere, and proximity to amenities. The property’s location near the beach and within walking distance of local pubs, restaurants, and a deli significantly enhances its appeal and justifies a high location score. The presence of a well-regarded primary school within a reasonable distance further adds to its family-friendliness.

The property’s lack of a garden significantly detracts from its overall value and livability. The small plot size is a major drawback for many buyers, especially in a desirable coastal location where outdoor space is often highly valued. This leads to a low land score.