There's a house for sale in my village

[StripeyKnickersSpottySocks]

looks very similar to our house, possibly slightly smaller. But garden is 50ft longer and it has a garage. However its up for 90k more than what I think ours is worth - I've looked at the brochure and can't work out why.

So I've made an appt to view next week. DH says its not fair on the sellers, getting their hopes up etc and is refusing to come with me. Surely sellers have to expect this type of thing?

Of course I will tell them that we are looking for a house with a bigger garden.

I think dh is secretly worried I may fall in love with it and put ours on the market

Of course, it doesn't mean it will sell for £245000

it's the buried treasure in the garden making the difference

No advice, but a house on our road is up for sale - has a garage and an extra bedroom, otherwise is exactly the same layout as ours, same size garden, not even done up that nicely, and is on for £145k more. Really want to know why, but not brave enough to view .

The garage and bigger garden will make a difference to the price. The asking price might be ambitious. And yours might get a bigger value than you expect.

Well we ended up going to see it today - still can't really understand the price. I think ours must be worth more than what we thought, although the location of this house is great - overlooking a river.

However major downsides (apart from the price). Garden is smaller than ours and only has a knee high fence seperating it from neighbours so very overlooked

Kitchen is much smaller, dining room and sitting room also smaller than current house. Dining room has no window, only natural light coming via doorway into back porch and its very gloomy. Front door straight into sitting room, although guess can just use the back door. I have a feeling that the house will be cold. Nice sash windows aren't double glazed, unused fire place in bedrooms have rugs on walls covering them so think wind must whistle down. Third bedroom is in the attic and felt cold. 2nd bedroom on ground floor small. The major downside is the neighbours have pedestrian access down the drive and across backgarden - 1ft away from the backdoor. Its the only way they can get to their garden unless they go through house.

Good points - overlooking river on quiet lane, 2 of the bedrooms are a bit bigger than current house, nice multifuel stove in kitchen, I liked the feel and layout of the house, original roll top bath.

Oh and a train track runs along the bottom of the garden and the other side of the river is a main A road with traffic noise audible which kind of counteracts the view.

I think if the garden had been bigger and the neighbour access thing wasn't there then I could overlook the other downsides and be tempted by the nice location. As it is I'd rather live where I do even if ours was sold at the same price. Am very tempted to get ours valued now as we do need more garden.

Doh - meant to link it

www.rightmove.co.uk/viewdetails-17923652.rsp?pa_n=2&tr_t=buy

You (and vendors) seem to be confusing asking price with value. See what it sells for - if it sells - and then decide what your own home is worth based on that.

Price drops in that postcode

and actual sold prices for same postcode

Sales in that road

(Isn't th'interweb wonderful )

It is very small - given that the front door opens into the front room with no hall, the whole house is only 13' wide

I quite like the look of it, it's the sort of place I'd go for. Older properties always fetch more round our way,which is mainly why we're in a 70s house! It's not very big for the money though, as you say. They probably won't get their asking price.

OMG, just looked at map link and realised you're right by Kettlethorpe!!!!

(Katherine Swynford fan )

ww t'interweb is marvellous!
Btw I spent hours last night

a) drooling over American houses and how cheap they are
b) searching on Primelocation.com for cheap houses
c) reading housepricecrash.co.uk
d) looking at prop price graphs
e) browsing prop news in The Times online

and I am CONVINCED there's at LEAST a 30% reduction in prices around the corner. So a drop of 30% on £240k = £78k, bringing it down to £162k... and the rest if we go into recession.

more doom and gloom!

Very interesting, as I am currently in a dilemma about whether to sell a flat I own (and rent out) and just put the money in the bank.
We have ben renting at a below market rate because the tenants are reliable and we would rather keep them than have the upheaveal of getting new ones at a higher rent. This was worthwile because the capital appreciation has been more than the notional loss in rent.
But looking at deposit rates now, I would be better just putting the dosh into a deposit account.
Dh thinks I am too soft becasue I have lying awake at night worrying about the tenants who will not get a similar property in the area for the price they have been paying and will not be able to afford to buy. if I asdk them to pay more rent it miught seem like blackmail - eg pay nore ior will sell. (Sorry this probably belongs on the AIBU section rather than the prpert magnates section...)

WWW - the property snake link is very interseting thanks for that.

Wendy - I used to live a lot nearer Kettlethorpe and have spent many a day in Kettlethorpe Hall.

Stuff round here dropping by about 2% atm - there's a house up the road from us with shared drive (no room to side to extend) and no extension that's £35k more than we bought ours for last April, so I'm v interested to see what it goes for. Ours has garage to side and 3 car drive across front, plus large extension at the back. Prices don't seem to be that changeable round here though - stuff staying very similar.

To SKSS - I'd loathe shared access of any sort.

call teh estate agent selling this one, tell them you are thinking of selling up and get them round. If the valuations are v different, ask why.