November 30, 2021

Halloween homebuyers can expect to pay 44% more for a haunted house

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From James Lockett

The latest research by Nested has revealed how much more homebuyers will fork out when looking to purchase a home in one of the nation’s most haunted locations this Halloween. 

The research shows that: – 

–          The average price of property across 13 petrifying postcodes comes in at £396,455 – 44% (£120,275) more than the average cost of buying across England and Wales (£276,180)

Highest haunted house price premiums

–          Newton House in Carmarthenshire, Wales, has the highest haunted house price premium. The SA19 postcode is home to an average house price of £351,010 – 96% more than the wider average of £179,533 in Carmarthenshire. 

–          A property purchase in the haunted village of Pluckley in Ashford, Kent will cost an average of £583,352 – 85% more than the wider area of Ashford. 

–          The Ancient Ram Inn in Gloucestershire is said to have an extraordinarily spooky history and a property in the GL12 postcode will set you back £438,027 – 43% more than the average of £132,668 across the wider area of Stroud. 

Haunted house affordability

–          The haunted location with the smallest price premium for Halloween homebuyers is the infamous Blickling Hall in Norwich. 

–          The average cost of a home in Blickling Hall’s NR11 postcode is £327,525, compared to the wider average of£312,207 across Broadland. So while the area still carries a 5% haunted house price premium, it is the most affordable when compared to the wider cost of buying in the area. 

–          In terms of outright affordability, Pendle Hill in Lancashire is home to the lowest cost of buying. Home to the 12 Pendle Witches, who are still thought to roam the village today, the average house price in the BB12 postcode is just £144,468.

See the full release below:

Halloween homebuyers can expect to pay 44% more for a haunted house 

Research by Nested, the modern estate agent, has revealed that the cost of buying in a haunted housing market in England and Wales will set you back 44% more on average.

Across England and Wales, there are a number of notorious haunted locations boasting everything from a murdered headless queen, to the ghosts of Roman soldiers. In the spirit of Halloween, Nested took a look at the cost of buying in 13 of these haunted postcodes and how it compares to the wider area.

The research shows that the average price of property across these 13 petrifying postcodes comes in at £396,455 – 44% (£120,275), more than the average cost of buying across England and Wales (£276,180)

Highest haunted house price premiums

Newton House in Carmarthenshire, Wales, is said to be haunted by the ghost of Lady Elinor Cavendish who was strangled to death in the property. Visitors report experiencing invisible hands squeezing at their throats and the eerie presence of pipe smoke filling rooms even when no one is smoking.

Newton House lies within the SA19 postcode which is also home to an average house price of £351,010. The average cost of buying in the wider area of Carmarthenshire is £179,533, meaning it’s 96% more expensive to live in the shadows of this famous haunted house – the highest Halloween house price premium on the list.  

Pluckley is a small village in Ashford, Kent. The whole village is said to be haunted with around 12 reported ghost sightings including a highwaymen who was murdered and pinned to a tree and a schoolmaster who hung himself and is said to still roam the school grounds. 

A property in Pluckley’s TN27 postcode costs £583,352 on average. The wider area of Ashford is home to an average price of £314,726. This means that living in this haunted village will cost Halloween homebuyers 85% more compared to the wider area. 

The Ancient Ram Inn in Gloucestershire is said to have an extraordinarily spooky history including stories of burning witches and real evidence of Devil worship and ritual sacrifice on the site. Located in the GL12 postcode, a property will set you back £438,027, 43% more than the average of £132,668 across the wider area of Stroud. 

Haunted house affordability

The haunted location with the smallest price premium for Halloween homebuyers is the infamous Blickling Hall in Norwich. This was once home to the Boleyn family and it’s said that the headless ghost of Anne – second wife of Henry VIII – still resides in the house. 

The average cost of a home in Blickling Hall’s NR11 postcode is £327,525, compared to the wider average of£312,207 across Broadland. So while the area still carries a 5% haunted house price premium, it is the most affordable when compared to the wider cost of buying in the area. 

In terms of outright affordability, Pendle Hill in Lancashire is home to the lowest cost of buying. Home to the 12 Pendle Witches, who are still thought to roam the village today, the average house price in the BB12 postcode is just £144,468.

Head of Commercial at Nested, Alice Bullard, commented:

“A paranormal property purchase might not appeal to every homebuyer but it’s certainly a unique selling point above and beyond the more traditional features advertised by home sellers. 

It’s also likely to carry a haunting house price premium if our research is anything to go by and on average, buying in a haunted housing market will set you back 44% more.

We certainly wouldn’t want to be the estate agent responsible for hosting viewings though.”

Haunted LocationPostcodeAverage House PriceLocal AuthorityAverage House PriceDifference (£)Difference (%)
Newton HouseSA19£351,010Carmarthenshire£179,533£171,47796%
Pluckley villageTN27£583,352Ashford£314,726£268,62685%
Ancient Ram InnGL12£438,027Stroud£305,360£132,66843%
Treasurer’s HouseYO1£355,290City of York£284,750£70,54025%
Corfe CastleBH20£386,881Dorset£314,931£71,95023%
Blythburgh ChurchIP19£333,540East Suffolk£271,703£61,83723%
Ham HouseTW10£869,182Richmond upon Thames£721,808£147,37420%
Berry Pomeroy CastleTQ9£409,102South Hams£345,530£63,57318%
Pendle HillBB12£144,468Pendle£123,492£20,97617%
Dunster CastleTA24£298,977Somerset West and Taunton£260,393£38,58415%
Buckland AbbeyPL20£329,033West Devon£300,844£28,1899%
Felbrigg HallNR11£327,525North Norfolk£300,856£26,6699%
Blickling HallNR11£327,525Broadland£312,207£15,3185%
Average£396,455England and Wales£276,180£120,27544%
Postcode level house price data sourced from PropertyData. Local authority level house price data sourced from the Gov.uk UK House Price Index
       

END

Notes

●         Nested is the modern estate agent. Combining the best of traditional agents with powerful technology to give homeowners a radically better moving experience. 

●         Nested is a brand built on trust and not only has a 4.8-star trust pilot rating based on over 500 reviews but is also the only agent to be rated by Mumsnet. 

●         Nested is planning to launch into at least an additional 100 areas over the next 12 months, as well as moving outside London for the first time in the next few months. 

●         The company also offers unique features such as a Buying Agent, and dedicated chain managers and 

●         The company was founded in 2016 by GoCardless co-founder Matt Robinson and is backed by Balderton Capital, Northzone and Passion Capital.

 

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