The asking price of £700,000 seems reasonably competitive, considering the substantial land holding. The lack of comparable properties with similar land sizes makes direct price comparisons challenging. However, the price per square foot (which cannot be calculated due to missing data) would need to be considered in relation to the condition of the existing dwelling and potential development possibilities to fully assess the value.

Based on the provided photos, the bungalow appears to be in fair condition, but could benefit from some modernisation and upgrades. The interior, particularly the kitchen, suggests a need for refurbishment. The exterior seems relatively well-maintained, though not in pristine condition.

The property benefits from being situated in South Petherton, a village with good amenities and proximity to transport links like Crewkerne railway station. The presence of well-regarded primary schools nearby adds to its family-friendly appeal. However, the specific location on West Street, while reasonably convenient, is not in the immediate centre of the village.

The substantial plot size of approximately 10.16 acres is a major asset, significantly impacting the overall value. This vast land area provides ample space and potential for various uses, subject to planning permissions.