Stags says ..

Property Oracle says ..

The property is a detached barn conversion located in Prixford, Barnstaple, North Devon. It boasts 4 bedrooms, 3 bathrooms, and a substantial plot size of 3,016 sqft. The property is listed at £1,200,000. The location is in a rural setting, offering tranquility and scenic views. The proximity to Marwood School (Outstanding Ofsted rating) is a significant positive for families. Barnstaple, with its Great Western Railway connection, is within a reasonable distance, providing access to wider transportation networks. The surrounding area shows a mix of property types and price points, with some comparable properties in the vicinity. Based on the provided images, the property appears to be in excellent condition. It has been renovated to a high standard, showcasing modern amenities while retaining some traditional features. The exposed beams and the overall design suggest a high-quality conversion. The property also benefits from a conservatory and a substantial garden, adding to its appeal. The plot size is significant, offering ample outdoor space and privacy. The presence of a large garden, as seen in the images, is a valuable asset, especially in a rural setting. Considering the property’s size (2,286.36 sqft), condition, location, and land, the list price of £1,200,000 requires careful consideration. The average price per sqft in the area is £407. While the property is clearly above average in terms of condition and land size, the list price is significantly higher than the average house price in the area (£451,562). However, the comparison with nearby properties is limited by the lack of sqft data for those listings. The price should be assessed against other comparable properties in the area with similar sizes and features to determine if it represents good value.

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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