Sunday, April 28, 2019





How much would it cost you to be lord of the manor or own a chocolate box cottage? The price of buying into English country life revealed

  • EXCLUSIVE:  Manor houses are the most expensive country home at £1.43m
  • It is the equivalent of more than six times the price of an average home in Britain
  • The average price of a property per square foot in Britain is £238.22 
There's something quintessentially English about a desirable property in a pretty village setting.
But you'll need deep pockets if you want to fulfill your grandest countryside property dreams, as the average price of a manor house is almost £1.5million, according to research by estate agent Jackson-Stops.
It is the equivalent of more than six times the price of an average home in Britain.
The average price of a manor house is almost £1.5million, according to Jackson-Stops
The average price of a manor house is almost £1.5million, according to Jackson-Stops
Revealed: The average price of six types of quintessential village homes
Revealed: The average price of six types of quintessential village homes  
The agent's research analysed six different types of village property, including manor houses, farmhouses, old rectories and mill conversions, along with barn conversions and chocolate box cottages.
Manor houses top the list of most expensive village homes at £1,431,944, followed by farmhouses at £1,144,348 and old rectories at £1,075,889.
However, it is still possible to get a property for less than £1million, with mill conversions typically costing £959,929 - although this is still 4.16 times the cost of an average British home.
Barn conversions and chocolate box cottages are among the least expensive types of quintessential village homes, costing on average £939,070 and £606,886 respectively.
This three-bedroom chocolate box cottage in Somerset's Taunton is for sale for £395,000
This three-bedroom chocolate box cottage in Somerset's Taunton is for sale for £395,000
AVERAGE SALE PRICE OF VILLAGE PROPERTY TYPES
Type of homeAverage sale price
Manor house£1,431,944
Farmhouse£1,144,348
Old rectory£1,075,889
Mill conversion£959,929
Barn conversion£939,070
Chocolate box cottage£606,886
UK average house price£230,776
Source; Jackson-Stops 
This three-bedroom mill conversion in West Sussex's Barnham is for sale for £575,000
This three-bedroom mill conversion in West Sussex's Barnham is for sale for £575,000
At the same time, barn conversions also have the highest price per square foot at £316.93. It compares to a price per square foot of £238.22 for the country as a whole.
At first glance, it may seem inconsistent that barn conversions have lower average prices, but cost more per square foot than other village homes.
Jackson-Stops explained this saying that the average size of barn conversions it sells is smaller than other types of village property.
At the opposite end of the average sale price per square foot, Jackson-Stops said old rectories were the least expensive at £245.81.
Its research was based on the average prices and average square footage of village properties that it sells. This data was then compared to the average house prices and square footage from the Office for National Statistics.
This four-bedroom barn conversion in West Sussex's Arundal is on the market ofr £825,000
This four-bedroom barn conversion in West Sussex's Arundal is on the market ofr £825,000
AVERAGE SALE PRICE PER SQUARE FOOT OF  VILLAGE PROPERTY TYPES
Type of homeAverage price per square foot
Barn conversion£316.93
Chocolate box cottage£305.74
Mill conversion£276.64
Farmhouse£264.28
Manor house£246.25
Old rectory£245.81
UK average house price£238.22
Source: Jackson-Stops 
Nick Leeming, chairman of Jackson-Stops, said: 'Despite there being uncertainty in some pockets of the British property market as a result of the current political climate, the English love affair with a quintessential country home remains.
'While the country market may not be as buoyant as it was a few years ago, beautiful homes in bucolic countryside, which are accurately priced, will always achieve strong interest and will continue to command significant price premiums.'
He added: "Despite ranking as the first and third most expensive property type respectively, it was interesting to see manor houses and old rectories offering the best value for money per square foot. The vicar was often considered the most important individual in the village, only second to the lord or lady of the manor, and so the homes do tend to offer ample proportions.
'However, the data shows that, at around £245 per square metre, buying a manor house or an old rectory is much more realistic than it may have once been.'

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