18 Aug

Demand for national park homes

Demand for national park homes

Property within a national park attracts a significant premium, according to new research.

Nationwide’s study found homes within national parks cost an average of £46,000 more than the national price of a property.

Homes in the New Forest cost around £115,500 more, followed by the South Downs with a premium of £77,000, whole homes in the Lake District cost £55,000 more.

The study also shows that homes within a five-kilometre radius of a national park can also benefit with an average price premium of five per cent.

“National parks are highly desirable areas in which to live thanks to the beautiful countryside. They are Britain’s breathing spaces and those living in the parks can make the most of the great outdoors with a range of activities on their doorstep,” said Andrew Harvey, senior economic analyst at the Nationwide.

“The main national parks in England also have easy access to major employment centres. Development is also controlled, with limited new housing construction, which also helps to explain why prices tend to be relatively high,” he added.

Nationwide’s research revealed the most popular places to live within the New Forest include Ashurst, Lyndhurst and Brockenhurst.ADNFCR-1222-ID-801838931-ADNFCR

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