Your Move says ..

Property Oracle says ..

The property is a 3 bedroom, 3 bathroom detached bungalow situated in Hall Lane, Wolvey, Hinckley, Warwickshire. It’s listed at £800,000 and has 1,641.30 sqft of living space and a 2,337.00 sqft plot.

The location is in a desirable area. Wolvey Cofe Primary School, rated as ‘Requires improvement’ by Ofsted, is conveniently located 0.21km away. Several other well-regarded schools are within a reasonable distance, including Sketchley School (rated ‘Good’). The proximity to Hinckley train station (5.29km) provides good transport links. While the average house price in the area is significantly lower (£462,849), the presence of more expensive properties on Moat Lane (£950,000) suggests that this location can support higher values, particularly for properties with desirable features.

Based on the images, the property appears to be in excellent condition. It has undergone significant modernisation, featuring a contemporary kitchen and bathrooms. The property is well-maintained and presented to a high standard. The extensive grounds are beautifully landscaped and include a swimming pool and hot tub, adding significant value.

The property boasts a substantial plot size of 2,337 sqft, considerably larger than the average in the area. The ample garden space, along with the pool and hot tub, contributes significantly to its desirability and overall value.

Considering the property’s excellent condition, desirable location, and generous plot size including luxury features such as a swimming pool and hot tub, the list price of £800,000 appears high compared to the average price per sqft in the area (£324). However, the presence of higher-priced properties nearby and the property’s superior condition and features justify a premium. The lack of sqft data for comparable properties makes a precise price comparison challenging. A detailed analysis of comparable properties with similar features would be necessary for a definitive price assessment.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images