How much is a private driveway worth?

mi-key

user1977 said:

ProDave said:

I would say a driveway is going to become more important.  Fast forward 10 years, and everyone is going to want to plug their EV in to charge at home.  Zero chance of overnight charging an EV with on street parking so far from the house.

Fast forward 10 years, and the prevalence (and speed) of other charging facilities will be much greater, and EV ranges will be longer. I think any big advantage of home charging will be short lived.

Not sure about that, the difference between just plugging your car in at home, and having to sit for 30 minutes in a supermarket car park or garage is quite a lot. Plus there will be a lot more electric vehicles, so more demand for the public charging points as so many people live in houses where it isn't possible to use one. Think how  many towns are made up of terraced housing with only on street parking. They are going to need to put in an awful lot of public charging points to cover all of those 

silvercar

mi-key said:

user1977 said:

ProDave said:

I would say a driveway is going to become more important.  Fast forward 10 years, and everyone is going to want to plug their EV in to charge at home.  Zero chance of overnight charging an EV with on street parking so far from the house.

Fast forward 10 years, and the prevalence (and speed) of other charging facilities will be much greater, and EV ranges will be longer. I think any big advantage of home charging will be short lived.

Not sure about that, the difference between just plugging your car in at home, and having to sit for 30 minutes in a supermarket car park or garage is quite a lot. Plus there will be a lot more electric vehicles, so more demand for the public charging points as so many people live in houses where it isn't possible to use one. Think how  many towns are made up of terraced housing with only on street parking. They are going to need to put in an awful lot of public charging points to cover all of those 

The problem isn't terraced houses, as some councils are already laying gulleys into their pavements to take cables, the problem is flats. Estimated that upto one third of homes don't have access to home charging.

mi-key

silvercar said:

mi-key said:

user1977 said:

ProDave said:

I would say a driveway is going to become more important.  Fast forward 10 years, and everyone is going to want to plug their EV in to charge at home.  Zero chance of overnight charging an EV with on street parking so far from the house.

Fast forward 10 years, and the prevalence (and speed) of other charging facilities will be much greater, and EV ranges will be longer. I think any big advantage of home charging will be short lived.

Not sure about that, the difference between just plugging your car in at home, and having to sit for 30 minutes in a supermarket car park or garage is quite a lot. Plus there will be a lot more electric vehicles, so more demand for the public charging points as so many people live in houses where it isn't possible to use one. Think how  many towns are made up of terraced housing with only on street parking. They are going to need to put in an awful lot of public charging points to cover all of those 

The problem isn't terraced houses, as some councils are already laying gulleys into their pavements to take cables, the problem is flats. Estimated that upto one third of homes don't have access to home charging.

This is the council we are talking about though, not known for being the quickest at getting these sort of things sorted out... Terraced houses would still be a problem as if the charger and access are connected to the house, you would need to be able to park directly outside your house to use it, which often cant be done with the amount of cars in the street 

Spurs1711

I’m buying a house now with no driveway. The first thing I will be doing is getting one installed. Most of the houses on the road have done it and I have read it will add 20k value to the house on average. Wether that is true or not, I don’t know but it’s invaluable to me and this is potentially a forever home so we’ll worth and if I do sell I’ll make over 10k extra so win win

user1977

mi-key said:

user1977 said:

ProDave said:

I would say a driveway is going to become more important.  Fast forward 10 years, and everyone is going to want to plug their EV in to charge at home.  Zero chance of overnight charging an EV with on street parking so far from the house.

Fast forward 10 years, and the prevalence (and speed) of other charging facilities will be much greater, and EV ranges will be longer. I think any big advantage of home charging will be short lived.

Not sure about that, the difference between just plugging your car in at home, and having to sit for 30 minutes in a supermarket car park or garage is quite a lot.

Less so if you're spending 30 minutes in the supermarket / gym / shopping centre / workplace anyway, not just sitting watching your battery charge. Plus how often are people typically going to be doing that? The chat about "overnight" charging I think gives people the impression that EVs ought to be plugged in every night, when for many people the range is going to take them for a week, fortnight or even longer between charges.

So sure, it's handy to be able to plug it in at home, but I'm not convinced it's going to add a significant amount to property prices over and above the existing premium for off-street parking.

sheramber

There's a 2 bed semi with a multi-car driveway with asking price of £100,000 

similar houses in this area in good condition and with driveways are currently going for around £130,000.

So, the first one is underpriced.   Or looking for for more but pricing low to attract interest?

AFF8879

I bought a 2 bed semi in Hampshire last year (new build) - my plot (which has private driveway and bigger garden) was only £2.5k more than the (otherwise identical) plots with allocated parking. 

I personally thought £2.5k was a bargain for a private driveway (not to mention the larger garden), then again we are in a semi rural area where a car is a necessity.

[Deleted User]

user1977 said:

When you say "no vehicular access to the house at all", how close can you get? Would be a pain for deliveries etc. Any comparable properties without driveways?

Not just deliveries, shopping you bought yourself etc.

In the future a driveway will be worth much more than 10k. Fossil fuel car sales are ending in 2030, and if you can't charge at home you will be paying ££££ a year more to use public charging.

lookstraightahead

With so many people living in flats etc, the whole electric car thing will be sorted. You won't need a driveway to charge a car, in the same way as you don't need a stable to keep your horse and cart, or a huge room to keep your videos in. Or a tank for your water. Or a meeting room for a staff meeting. Or a floppy disk. Etc. Space needs to be utilised in a better way so driveways will feel really old fashioned in the future, and a waste of space/resource.

_Penny_Dreadful

[Deleted User] said:

user1977 said:

When you say "no vehicular access to the house at all", how close can you get? Would be a pain for deliveries etc. Any comparable properties without driveways?

Not just deliveries, shopping you bought yourself etc.

In the future a driveway will be worth much more than 10k. Fossil fuel car sales are ending in 2030, and if you can't charge at home you will be paying ££££ a year more to use public charging.

It's the sale of new petrol and diesel cars that is ending in 2030.  You'll still be able to buy and sell used petrol and diesel cars.