Mundys says ..

Property Oracle says ..

The property is a 3-bedroom semi-detached house located on Sleaford Road in Metheringham, Lincolnshire. The list price is £250,000. Based on the images provided, the property appears to be in excellent condition. It has recently been modernised with a contemporary kitchen and a newly constructed garden room/utility area. The interior is clean and well-maintained. The property benefits from a good-sized garden with a patio area, lawn, and additional outbuildings. The location in Metheringham is positive. The nearby primary school, The Metheringham Primary School, has a good Ofsted rating, making it attractive to families. The proximity to Metheringham train station (East Midlands Railway) provides convenient access to other areas. Considering the average price per square foot in the area is £544, and the subject property is 860.04 sqft, a rough estimate of the value would be approximately £467,000. However, this is significantly higher than the list price of £250,000. The list price is considerably lower than the average house price in the area (£617,857) and is also lower than many comparable properties nearby. While some nearby properties on Sleaford Road have sold for lower prices, those properties may not be comparable in terms of condition and recent renovations. The lower price point may be due to the smaller plot size compared to other properties in the area. The list price, however, represents excellent value for money given the property’s condition and features.

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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