Considering the current state of the property and the need for substantial renovation, the asking price of £1,500,000 appears high relative to nearby property values. While the substantial plot size contributes to its value, the required investment in repairs and upgrades should be considered when assessing the property’s overall worth. The average price per square foot data for nearby streets would be useful here however it is not available.

Based on the photographs, the property shows significant signs of disrepair and neglect. The exterior requires extensive work and the interior reveals outdated fixtures and finishes, damaged walls and floors and overall a state of deterioration. While the original features have potential charm, significant renovation and modernization are essential before it becomes habitable.

The property is situated in Little Waltham, a village in Chelmsford, Essex. While not in the immediate centre of Chelmsford, it benefits from proximity to Boreham, offering a balance of rural tranquility and accessibility to amenities. The nearby villages also provide a sense of community and local character. The presence of several schools within a reasonable distance adds to its family-friendliness and increases its appeal to prospective buyers.

The property boasts substantial land, including outbuildings, which significantly enhances its value. The size of the plot and the additional structures offer excellent development potential or ample space for those seeking rural living with extensive grounds. The aerial views clearly show a large area of land.