Some UK mortgage holders slapped with 'premium' to live within 'protected' spaces

Some UK mortgage holders are paying around one and-a-half times typical property prices in their area to live within one of Britain's protected green spaces. 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 (formerly Area of Outstanding Natural Beauty) commands a higher price tag at £581,121 on average, meaning buyers face paying a 48% premium, Savills found.

Frances McDonald, director of research at Savills said: "Over the last few years, as buyers have reevaluated their priorities, we have seen a surge in interest in living amongst greenery or nearby access to green space."

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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, as well as Registers of Scotland figures.

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. Living within a National Landscape (formerly Area of Outstanding Natural Beauty) commands a higher price tag at £581,121 on average, meaning buyers face paying a 48% premium, Savills found.

And in Scotland, buyers face paying 46% more to live in a National Scenic Area, at £285,175, according to the research. Properties in the New Forest, the Lake District National Park and the Loch Lomond National Scenic Area were also found to be more than double the price of properties in their wider areas, on average.

In the New Forest, the average price is £800,053, compared with £390,091 in the wider area. The Lake District National Park commands an average price of £455,711, compared with £223,677 in its surrounding location. And home buyers in the the Loch Lomond National Scenic Area face paying around £404,637, compared with £188,744 in the wider area.