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