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UK National Park Homes Command 24% Price Premium, Study Finds

Created at 31 Aug · 4:06 AM1 source↑ Market-relevant
IN SHORT

Properties within UK national parks are selling for an average of 24% more than similar homes elsewhere, according to Nationwide Building Society. Homes within three miles of a park also command a 6% premium, while national landscapes in England and Wales see a 14% premium.

Key Numbers

24%Premium for properties in UK national parks
6%Premium for homes within three miles of a national park
£563,000Average property price in the New Forest
£485,000Average property price in the South Downs
£450,000Average property price in the Peak District
14%Premium for properties in national landscapes of England and Wales
£710,000Average property price in Surrey Hills

Who's Involved

Nationwide
Britain's biggest building society that conducted the study

↳ Why This Matters

The findings highlight the significant financial value placed on properties within protected natural environments in the UK, driven by both aesthetic appeal and limited supply, impacting housing affordability and market dynamics in these desirable areas.

Key facts

  • Properties within UK national parks are 24% more expensive on average.
  • Homes within three miles of a national park are 6% more expensive.
  • The New Forest is the priciest national park, with average prices of £563,000.
  • National landscapes in England and Wales see a 14% price premium.
  • Surrey Hills is the most expensive national landscape at £710,000.
  • Properties located within UK national parks command a significant price premium, with buyers paying approximately 24% more on average, according to research by Nationwide Building Society. The study also found that homes situated within three miles of a national park carry a 6% premium.

    The New Forest emerged as the most expensive national park, with average property prices reaching £563,000. Other highly priced national parks include the South Downs at £485,000 and the Peak District at £450,000.

    Beyond national parks, properties within designated national landscapes in England and Wales, previously known as areas of outstanding natural beauty, also see a notable price increase, with a 14% premium observed. Surrey Hills stands out as the most expensive national landscape, with average property prices at £710,000.

    Nationwide attributes these premiums to the appeal of scenic countryside and the restricted development in these protected areas, which limits new housing supply and consequently keeps prices elevated. The consistency of these premiums is highlighted by similar research from Nationwide in 2024, which reported a 25% premium for national park homes and a 15% premium for national landscape properties.

    Frequently asked questions

    Properties within UK national parks command an average price premium of 24% compared to similar homes elsewhere.

    The New Forest is the most expensive national park, with average property prices of £563,000.

    Yes, buyers pay a 6% premium for homes located within three miles of a national park.

    Properties in national landscapes of England and Wales, such as the Surrey Hills, have a 14% price premium.

    How It Developed

    Properties in UK national parks cost 24% more on average.
    Homes within three miles of a national park command a 6% premium.
    The New Forest is the most expensive national park at £563,000.
    South Downs and Peak District parks also show high average prices.
    Properties in national landscapes of England and Wales have a 14% premium.
    Surrey Hills is the most expensive national landscape at £710,000.
    Premiums for these areas remain consistent with previous research.

    Sources

    T1
    Properties in UK national parks command 24% premium, study findsThe Guardian

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