The Cost of Buying in the South Downs National Park.
For those of us fortunate enough to live within the South Downs National Park, we are reminded every day of the reasons we chose to live here: stunning scenery, beautiful countryside on our doorstep and the comfort of knowing that this precious area is protected by its National Park status. But all this does come at a price premium: the cost of buying in the South Downs National Park is second only to the New Forest in a recent survey of average house prices in the UK’s top national parks, but only by £1,756 which is a much closer price gap than it was 5 years’ ago.
Although the average cost of a home in a UK national park is £267,817, already 16% more than the current average UK house price, you can expect to pay an average of £423,982 for a home in the South Downs National Park; this is a hefty 83% higher than the UK average and is edging closer to the £426k average in the New Forest according to latest Land Registry figures.
Not only are house prices in the South Downs National Park competing with London house price levels but are also significantly higher than the West Sussex county average which this month stands at £391,730. Can you believe that back in 1995 the average home in West Sussex would only set you back £65,002? What a difference 25 years makes!
However, even within the South Downs National Park there are areas where you can pay a lot less than the current average price. Although apartments are few and far between, there are certainly smaller village houses available, which were formerly the homes of local tradespeople and farm workers. In addition, if you head west towards the Hampshire borders and east towards Lewes, you can expect to find houses at more affordable prices. It tends to be in the valley villages around Goodwood and from Chilgrove up towards the Mardens and South Harting where the property prices are pushing up that average price to £424,000. Wherever your search within the South Downs National Park takes you, you can be sure of plenty of competition to live in such a unique environment.