The list price of £550,000 for the development land seems reasonable considering the location, size, and potential for constructing multiple dwellings. While a precise per-square-foot comparison is impossible without specific dimensions, the price aligns with the potential returns from a development project of this kind in the area. The lack of information on the current state of the necessary planning permission slightly impacts the price score, however.

The property is a plot of land intended for development; therefore, it’s not in any condition beyond being a cleared building site. As it is raw land, it receives a score of 1.

The property is located in Elburton, Plymouth, which benefits from proximity to local amenities such as shops, a post office, and a variety of other stores in Elburton Village. The presence of several well-regarded schools within a short distance further enhances its appeal for families. Good transport links to Plymouth also add to its desirability. However, the relative remoteness from larger city centers might detract from its location score for some buyers.

The land is a substantial plot suitable for the development of several homes. While the exact dimensions are not provided, the aerial photos suggest a considerable size compared to neighboring properties, justifying a relatively high score. The fact that it’s intended for development, rather than a single building, also increases the land’s value.