Reed & Baum says ..

Property Oracle says ..

The property located on Stoop Lane in Quorn is a three-bedroom semi-detached house listed at £400,000. The property has undergone some modernisation, evident in the kitchen and bathroom, which appear to be in excellent condition. The flooring and interior decor are modern. The garden is of a reasonable size, enclosed by fencing and includes raised planting beds. The location is positive, with several good schools within a reasonable distance. Rawlins Academy, St Bartholomew’s Church of England Primary School, and Humphrey Perkins School are all rated ‘Good’ by Ofsted, and Quorn Hall School is rated ‘Outstanding’. The proximity to railway stations in Barrow-Upon-Soar, Loughborough, and Sileby provides convenient access to public transportation. Considering the average house price in the area is £549,850 and the average price per square foot is £436, the listed price of £400,000 for this 705.04 sqft property seems relatively reasonable, especially given its modernised interior. However, the lack of plot size information makes it difficult to fully assess the value. The nearby properties on Stoop Lane show a range of prices, with some significantly higher than the listed price, suggesting potential for appreciation. The smaller nearby properties are significantly lower in price, reflecting the differences in property type and size.

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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