With properties becoming increasingly difficult to afford, many are starting to turn to renovation rather than relocation. Recent research from Hiscox 2018 has found that 25% of 1,200 UK homeowners claim ‘prohibitively high property prices’ is the main reason for staying put.
But whilst improving your current home is the obvious first choice, it can be costly and can create issues when applying for planning permissions. So what about if you could build your own house from scratch?
The combined cost of each component could turn out much cheaper – Greencore Construction estimate that the cost of a 3-4 bedroom 150m2 house would cost approximately £270,000.
As a result of this, Farawayfurniture.com sought to discover where in England provides the most opportunities for building a home. Using property sites Zoopla and Rightmove, the number of land/plot listings per county in England were extracted separately and then combined, to establish the total number of listings per county*.
What are the results?
Faraway Furniture can reveal that first place for the most land/plots for sale goes to Lincolnshire with a combined 472 plots for sale.
The counties that make up the top ten alongside Lincolnshire include:
Devon (364), Cornwall (332), Lancashire (258), Norfolk (249), West Yorkshire (233), Cambridgeshire (230), County Durham (222), Essex (218) and Greater London (211).
Considering the counties in the middle, those with a reasonable number of land and plot listings available for sale include:
Nottinghamshire (151), Suffolk (148), Hampshire (147), South Yorkshire (139), Cheshire (135), Northumberland (127), West Midlands (114), East Riding of Yorkshire (109), East Sussex (103), and Leicestershire (97).
On the other end of the spectrum, the county with the least number of listings for land and plots for sale is Bristol with a measly 28.
This is followed by the following nine, that make up the bottom ten counties:
Warwickshire (51), Isle of Wight (54), Worcestershire (57), Northamptonshire (57), Buckinghamshire (57), Bedfordshire (57), Dorset (74), Wiltshire (75) and Tyne and Wear (75).
Is it possible that people would rather move somewhere and build from scratch, than improve what they currently have? Brexit is carrying much anxiety and uncertainty, alongside a rise in house prices of 1.26% in the last 12 months, so it seems apparent that people are taking matters into their own hands.
Full Infograph below:
*Data obtained on 22/03/19 of English counties through manual property searches on Zoopla and Rightmove.