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Two identical houses - two different sized gardens - price difference?
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cymruchris said:theoretica said:Do both properties own their space to park in front of the garage or have different legal situations for it?
They both have the areas in front of the garages marked as part of the property on the title deeds.1 -
Grumpy_chap said:Albermarle said:I would have thought the main disadvantage with Property B, was not the size of the garden, but the fact it has a pavement and road running down one side of it. .
Around our way, people pay a premium for corner plot, which Property B appears to be and Property A is not.
If I was the buyer in this situation, I would simply view both properties, assess the relative values of the garden sizes (to me) and the other factors - maybe the kitchen in one will be a knock-out winner - maybe the neighbours at one have broken cars all over the driveway...
Yes - garden size actually isn't important to me - it was a question of whether there'd be any significant difference in value - to which nobody has really come out and said 'ah yes the smaller garden would be quite a couple of grand cheaper' - which married up with my own thoughts, but good that a number of people have read the thread, and nobody has 'yet' said that one should be cheaper than the other (and of course there are many factors involved, it's not black and white).
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born_again said:Looks like 31 maybe sharing access way or drive with neighbours. Can be a pain if someone has more than 1 car or as normal garage is full of everything else & not car. Thus making life harder than it should be.
You're right - there is a house to the side - they also have a garage - and it is a shared access point. I can see that end of the street being a bit trickier to park if anyone has a few friends around.
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GrumpyDil said:cymruchris said:theoretica said:Do both properties own their space to park in front of the garage or have different legal situations for it?
They both have the areas in front of the garages marked as part of the property on the title deeds.
I know sometimes there are various restrictions as you say - but at this stage there's nothing showing on the land registry deeds, and it's a proper freehold, but that's not to say there's something somewhere that might cause a headache.
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I think I’d pay more for a bigger garden - but it’d have to be a bigger difference than the two pictured to make much of a difference2
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When we bought our last house we had the choice of 2 identical houses next door to each other. One had a garden about 50% bigger than the other, which we bought, and paid £10k more than the other (£260k).1
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I would choose a bigger garden and be prepared to pay slightly more but when I was looking at houses it seemed that small and 'easy to maintain' gardens were a selling point. When looking I did see (online, not in person) two end of terraces at the opposite ends of the same terrace. One had their back garden lawned and gated and was £10k more than the one that was concreted and had a car in it.Debt Free: 01/01/2020
Mortgage: 11/09/20241 -
I did read that a corner plot can command a premium, which would mean yellow box 36 (p.1 of the thread) would be more desirable
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Thanks for the most recent replies showing that it does sometimes make a difference, but from earlier replies, not always.I'll add a bit of context now that I didn't put in at the beginning, so as not to sway any answers.I offered on the larger garden a few weeks ago, and the offer was accepted. Then due to an issue, it fell through - not related to the property itself - but that property is no longer available.I now have an opportunity to place an offer on the smaller garden property this coming week - and I might very well offer the same - but wanted to get a feel whether garden size in this case would make a difference. Some of the points raised by the replies given have covered a few things outside of the original question scope - but great things to ponder on.I know it's - 'Offer what you think it's worth, and as much as you're prepared to pay' - but the discussion has just given me a little food for thought before I have the discussions with the vendor over the smaller garden property.1
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cymruchris said:Thanks for the most recent replies showing that it does sometimes make a difference, but from earlier replies, not always.I'll add a bit of context now that I didn't put in at the beginning, so as not to sway any answers.I offered on the larger garden a few weeks ago, and the offer was accepted. Then due to an issue, it fell through - not related to the property itself - but that property is no longer available.I now have an opportunity to place an offer on the smaller garden property this coming week - and I might very well offer the same - but wanted to get a feel whether garden size in this case would make a difference. Some of the points raised by the replies given have covered a few things outside of the original question scope - but great things to ponder on.I know it's - 'Offer what you think it's worth, and as much as you're prepared to pay' - but the discussion has just given me a little food for thought before I have the discussions with the vendor over the smaller garden property.
When I bought my first house it was a semi at the end of a cul de sac and both sides were up for sale at the same time at the same price. I viewed both and actually paid a little more for the end plot and I never regretted it (apart from the parking!).2
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