As summer 2025 settles in, Attleborough’s property market offers little comfort to first-time buyers. With deposits averaging £61,000 and costs rising faster than wages, homeownership feels increasingly out of reach. For many, the dream of buying a home is slipping into fantasy.

Why are brand-new homes so much more expensive than older ones? It’s not just about fresh paint and modern fixtures. From rising land prices to the continuing rising cost of materials, I take a look into the reasons behind the new build premium.

An extended three-bedroom detached home featuring stunning open-plan interiors, a landscaped garden with a natural floodlit pond, and luxurious finishes throughout including a fully glazed gable apex in the vaulted lounge, creating a sense of space with natural light and a connection to the outdoors

Setting the asking price is a key decision when selling a home. Data from the past two years shows that, on average, UK homes sell for less than their original asking price—revealing a consistent trend where final sale prices often fall short of initial expectations.