HOME buyers are paying around one and a half times typical property prices to live within one of Britain’s protected green spaces, according to analysis.
The average price of a property sitting within the boundaries of a National Park is £422,225, compared with a county average of £279,171, property firm Savills found. This equates to buyers paying a premium of 51%.
Living within a National Landscape commands a higher price tag at £581,121 on average, meaning buyers face paying a 48% premium, Savills found.
Properties in the Lake District National Park were found to be more than double the price of properties in their wider areas, on average.
The Lake District National Park commands an average price of £455,711, compared with £223,677 in its surrounding location.
Savills looked at average selling prices for second-hand homes in the 12 months to October 2023 to make the findings. It used Land Registry figures covering England and Wales, and Registers of Scotland figures.
Here are the average selling prices of homes in green spaces followed by their wider locations, and the percentage premium to live in green spaces:
- National Park, £422,225, £279,171, 51%
- National Landscape, £581,121, £392,182, 48%
- National Scenic Area, £285,175, £195,529, 46%
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