Fine & Country says ..

Property Oracle says ..

The property is a detached house located on Gypsy Lane, Nottingham, with a list price of £2,750,000. It boasts 5 bedrooms and 4 bathrooms, and covers 4,618.03 square feet. The images reveal a substantial property with extensive grounds, including a swimming pool, tennis court, and outbuildings. The house appears to be a period property, well-maintained and in excellent condition. The interior is well-presented, with a mix of traditional and modern features. The large garden and grounds are a significant feature, offering considerable privacy and space. The average house price in the area is £279,500, significantly lower than the list price of this property. However, this property is substantially larger (4,618.03 sqft) than the average house in the area (1,150 sqft). The average price per square foot in the area is £243, while this property’s price per square foot is approximately £595 (£2,750,000 / 4,618.03 sqft). This suggests a premium price per square foot, reflecting the property’s size, condition, features (pool, tennis court), and extensive grounds. The nearby properties provide some comparative data, although the lack of square footage information for these properties limits a precise comparison. Nearby transportation links and schools are within a reasonable distance, adding to the property’s desirability. Considering all factors, the property appears to be in excellent condition, benefits from a large plot of land, and is situated in a desirable location. The price, while high, reflects the property’s unique features and size relative to the local market.

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

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