South-facing gardens add less than £800 to the value of a home, new research claimed Tuesday.
A new study by an insurance company, shattered the myth of south-facing property attracting a big premium by saying they are worthy a mere 0.37 per cent more than other homes.
It means that on the average UK property price of £212,000, the south-facing boost is just £784.
The research by insurance firm Direct Line said that estate agents and property experts have regularly highlighted the benefits of a south-facing garden. They were thought to be more desirable because they typically are in sunshine for most of the day, making them warmer and brighter.
But an analysis of property for sale shows this is not reflected in prices. It shows that those with south-facing gardens carry a premium of just 0.37 per cent over those with north-facing plots.
However, homes with river views do come with a bigger bill, averaging nine per cent more than similar properties without this sought-after outlook.
It could mean homes over looking a stretch of water costing on average £19,000 more than identical properties without a river view.
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