Properties in UK national parks command 24% premium, study finds
A study by Nationwide building society reveals that properties located within UK national parks command a 24% price premium compared to similar homes elsewhere. Limited housing supply due to strict development regulations in these protected areas is cited as a primary driver for the high costs.
Why it matters
It highlights the economic impact of environmental conservation policies on local housing affordability.
The town of Lyndhurst in the New Forest, which remains the most expensive national park in which to buy a house, according to the building society. The town of Lyndhurst in the New Forest, which remains the most expensive national park in which to buy a house, according to the building society. Housing market Properties in UK national parks command 24% premium, study finds Nationwide research also shows average 14% premium for housing in national landscapes of England and Wales
Prefer the Guardian on Google Housebuyers are paying a premium of almost a quarter to own a property located within a UK national park, with the New Forest the most expensive national park to live in, according to Britain’s biggest building society.
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