What is the best £400 bike?

I am currently looking into purchasing a new bike for someone 150cm tall with a budget of £400. I mostly cycle on the road and on cycle paths but I don't want a pure racing bike despite the fact that I think a light quick bike is the best for me. I was wondering what the best option would be when buying a £400 bike for use in parks and on roads. Are there any bikes that really stand out? I hope someone can share knowledge on this area or have had experience with it in the past.
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