Properties in National Parks cost £125,000 more

17 October 2014

Data from Lloyds bank recently demonstrated that homes in the National Parks of England and Wales come with a premium of around 58% compared to the country average.

The biggest premium is for properties in The New Forest at £259,066 (101%), followed by the Peak District (94%) and the Lake District (84%).

Snowdonia has the smallest premium, with property prices five per cent above the average for the surrounding area. The average house price here is £173, 779, the only National Park where the figure is under £200,000.

Marc Page, Mortgages Director, Lloyds Bank commented: "The high quality of life associated with living in some of the country's most beautiful areas attracts many homebuyers to our National Parks. They are also increasingly popular with those purchasing a second property. These factors mean that homes in National Parks typically trade at a significant premium to properties in surrounding areas.”

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