Many factors affect house prices, from shopping to National Parks, but how much are you prepared to pay for the pleasure?
No-one wants to pay over the odds for their home, but strong demand to be near a good school or a yearning to live in the country could mean higher house prices. If you fancy living in one of Britain’s 15 National Parks, where you can make the most of the great outdoors on your doorstep, it doesn’t come cheap. Nationwide says it will attract a 22 per cent premium or around £46,000 more than the average UK house for an otherwise identical home. And from the Cairngorms in Scotland to Dartmoor in Devon you can expect to pay 5 per cent more for properties within 5km of a National Park compared to those just outside.
Knight Frank has also looked at the cost of properties in Areas of Outstanding Natural Beauty (AONB), countryside that has been designated for conservation due to its significant natural importance. The Surrey Hills was the most expensive AONB with detached properties costing an average of £900,000. Being within easy reach of London and major towns such as Guildford and Epsom, this is a popular location with strong demand.
This story is from the March 2018 edition of Hertfordshire Life.
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This story is from the March 2018 edition of Hertfordshire Life.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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