The list price of £140,000 seems reasonably competitive given the context of planning permission for a substantial detached family home. However, the price is based on potential future value rather than the current state. Consideration of the cost of construction, and potential market fluctuations, suggests a score that reflects both the opportunity and the inherent uncertainty of developing land.

The provided images reveal the land to be largely undeveloped. The existing garden area appears somewhat neglected, with evidence of overgrown vegetation and an old, potentially unusable above-ground pool. While the land itself is not in disrepair, the lack of development and the condition of the existing elements necessitate a lower score.

The property benefits from being situated in Pelsall, a desirable residential area in Walsall. The proximity to good schools like St Michael’s Church of England C Primary School (Outstanding Ofsted rating) and several other well-regarded schools within a reasonable distance adds to its appeal. Additionally, the relatively close proximity to transport links, although not immediately on the doorstep, contributes to a positive location score.

The plot of land offers a considerable size, as indicated by the provided plan. While no specific square footage is given for the plot itself, the planned footprint of the proposed house suggests a generous space for a new build. The presence of an existing garden, albeit needing some attention, further adds to the land’s value.