While the list price is high, the scale of the project (100 residential homes) and the potential revenue from such a development need to be considered. However, given that the current information provides no clear indication of additional costs like planning permissions, infrastructure development, or construction, the price’s reasonableness is difficult to definitively assess; as a result a lower score is assigned to reflect this uncertainty. The lack of comparable sales data for similar large-scale projects in the immediate area makes a precise valuation challenging.

The property is land for development. As such, there is no existing structure to assess for condition. A score of 1 reflects that there is no existing property.

Stotfold benefits from a good location within Central Bedfordshire. It’s relatively close to Hitchin and has its own amenities, including schools like Pix Brook Academy and Roecroft Lower School which are both nearby, as well as several train stations within a reasonable commuting distance. The presence of local shops and green spaces also contributes to its appeal.

The substantial 37-acre plot size is a significant asset, representing a considerable amount of land suitable for residential development. This score reflects the sheer size and potential of the land.