Nationwide reveals average house price premium to buy a home in a National Park

Nationwide Building Society made the calculations and accidental determination is besides a 'fringe benefit' for properties located adjacent to National Parks

Properties situated wrong Britain's National Parks transportation an mean premium of 25% (£66,000) compared to akin homes elsewhere, according to a caller analysis.

The Nationwide Building Society, which conducted the study, besides highlighted a "fringe benefit" for properties located adjacent National Parks. Homes wrong a 5km radius of a National Park bid an mean premium of 7% (£18,700) compared to those extracurricular this range, the nine revealed.

These calculations were based connected the mean UK location terms of £266,640. Andrew Harvey, Nationwide’s elder economist, commented: "National Parks proceed to beryllium highly desirable areas to unrecorded successful acknowledgment to the beauteous countryside. Those surviving successful specified areas are ideally placed to marque the astir of the large outdoors and instrumentality vantage of a scope of activities and amenities. Development is besides controlled with constricted caller lodging construction, which besides helps to explicate wherefore house prices thin to beryllium comparatively high.

"Our investigation suggests that a spot located wrong a National Park attracts a 25% premium implicit a akin spot elsewhere.We’ve besides looked astatine Areas of Outstanding Natural Beauty, besides known arsenic National Landscapes, successful England and Wales, which see places specified arsenic the Cotswolds, Chilterns and Surrey Hills."

He added: "Our probe recovered that properties successful these areas pull a 15% (£40,000) terms premium (over an different identical property). These areas see immoderate highly desirable locations and the premium is apt to bespeak the continued attractiveness of agrarian areas and the associated lifestyle."

Here are mean location prices successful a enactment of National Parks, according to Nationwide Building Society (the breakdown focused connected the nationalist parks with the largest nonmigratory populations oregon those with much lodging transactions):

New Forest, £576,000

South Downs, £400,000

Peak District, £375,000

Yorkshire Dales, £353,000

Lake District, £333,000

Dartmoor, £310,000

Bannau Brycheiniog/Brecon Beacons, £274,000

Eryri/Snowdonia, £173,000

Cairngorms, £260,000

Here are mean location prices successful immoderate Areas of Outstanding Natural Beauty, according to Nationwide:

Surrey Hills, £610,000

Chilterns, £570,000

North Wessex Downs, £415,000

Cotswolds, £401,000

High Weald, £390,000

Kent Downs, £365,000

Dorset, £323,000