Home PropertyProperty prices with love in the address sell for 105 per cent more on average

Property prices with love in the address sell for 105 per cent more on average

by LLP Reporter
14th Feb 19 12:31 pm

We may be going through a messy break up with our long-term European partner, but the UK property market is still showing the love with properties selling in 15 locations with love in the name, almost all of them for above average price.

Looking at house price sold records from the Land Registry, Yomdel found that on average, properties with love in the address sell for ยฃ507,171, 105% more than the English average.

Lovers Walk in Mendip is home to the biggest difference, with property selling for ยฃ935,000 on average, making it 255% more loved up than the Mendip average of ยฃ263,452.

Lovering House in East Devon is home to a higher sold price of ยฃ840,000, 188% higher than the wider average in East Devon.

Newloves in the East Riding of Yorkshire is 118% higher than the local average of ยฃ179,191 with property selling for ยฃ390,000 on average.

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Loverdale in Lover, Lovell Cottage, Lovelace Drive (in Woking and Cherwell), Lovers Walk (in Barnet and Bedford), Loveton, Loves Lane, Loveridge Lane and Loversall are also home to higher sold prices than their wider area.

Unfortunately, itโ€™s not all happy ever after and while Loves Lane in West Dorset is higher, Loves Lane in Bath (-32%) and Loves Lane in Rutland (-46%) have seen a lower sold price.

Property expert and Yomdel CEO, Andy Soloman said, โ€œWith everything thatโ€™s going on at the moment we could all do with spreading a little more love, and the property market could certainly use it after a rough year of Brexit heartbreak and uncertainty that has seen price growth all but vanish into the sunset.

“While very much Valentineโ€™s Day orientated, this research is indicative of the UK market as a whole with pockets all over the place bucking wider trends to enjoy above average house price growth.

“We should see this continue despite our ongoing EU divorce procedures as we remain a nation of homeowners and this is unlikely to change regardless of who gets the kids once the dust has settled.โ€

Road/House Name Sold Price Postcode Wider Area Wider Average Difference (%)
LOVERS WALK ยฃ935,000 BA5 MENDIP ยฃ263,452 255%
LOVERING HOUSE ยฃ840,000 EX8 EAST DEVON ยฃ291,572 188%
NEWLOVES ยฃ390,000 YO25 EAST RIDING OF YORKSHIRE ยฃ179,191 118%
LOVERDALE – LOVER ยฃ546,400 SP5 WILTSHIRE ยฃ277,570 97%
LOVELL COTTAGE ยฃ650,000 OX29 WEST OXFORDSHIRE ยฃ336,167 93%
LOVELACE DRIVE ยฃ779,167 GU22 WOKING ยฃ412,169 89%
LOVERS WALK ยฃ950,000 N3 BARNET ยฃ545,726 74%
LOVETON ยฃ380,000 PL12 CORNWALL ยฃ234,471 62%
LOVES LANE ยฃ418,824 DT6 WEST DORSET ยฃ273,880 53%
LOVERS WALK ยฃ438,500 LU5 BEDFORD ยฃ289,992 51%
LOVELACE DRIVE ยฃ385,000 OX5 CHERWELL ยฃ286,845 34%
LOVERIDGE LANE ยฃ350,000 SP4 WILTSHIRE ยฃ277,570 26%
LOVERSALL ยฃ142,667 DN11 DONCASTER ยฃ123,398 16%
LOVES LANE ยฃ237,000 BA2 BATH AND NORTH EAST SOMERSET ยฃ346,209 -32%
LOVES LANE ยฃ165,000 LE15 RUTLAND ยฃ307,011 -46%
AVERAGE ยฃ507,171 N/A England ยฃ247,430 105%

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