National Parks premiums

National Parks premiums

In this short article we look at the impact of house prices of living in or close to a national park

  • The UK is home to 15 National Parks and the government has recently announced plans to create new National Parks as part of the Environmental Plan.
  • National Parks not only protect the country’s rich wildlife and biodiversity, they also provide desirable places to live. A property located within a National Park attracts a 20% premium, the equivalent of £45,000.
  • National Park premiums are not limited to properties located within the park. Properties within 5km of a National Park attract a 6% premium compared with those outside of this range. Source: Dataloft, Nationwide


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At first glance, UK house prices rising tens of thousands of per cent since 1900 look absurd. But annualised over 126 years, growth averages around 4.5 to 5 per cent a year. It is not sudden surges but steady compounding that drives values higher, showing property rewards time in the market more than attempts to time it.

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