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New study reveals the trick to making your house sell for millions and highly sought-after by buyers

by Elijah
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Houses with traditional names such as the Manor House, Old Rectory and Old Rectory sell for more, new research suggests (file image)

Houses with traditional names such as the Manor, the Old Vicarage and the Old Vicarage sell for more, the research suggests.

Property company Savills, which carried out the study, found that titles reflecting life from centuries past were among the most expensive property names.

Houses whose names are linked to the feudal system, religion and beer generally have higher prices than others.

It analyzed names associated with at least 30 sales over the past five years, and at least one in five sales involved properties worth at least £1 million. Savills examined Land Registry data covering England and Wales.

The mansion was ranked top, with an average price of £1,423,128. This title was historically given to the main house of the lord of the manor in Anglo-Saxon and Norman England and is often the largest house in the locality, the researchers said.

Houses with traditional names such as the Manor House, Old Rectory and Old Rectory sell for more, new research suggests (file image)

Houses with traditional names such as the Manor House, Old Rectory and Old Rectory sell for more, new research suggests (file image)

Estate agents Savills have discovered that houses with names linked to the feudal system, religion and beer generally command higher prices than others, as it gives the houses personality (File image)

Estate agents Savills have discovered that houses with names linked to the feudal system, religion and beer generally command higher prices than others, as it gives the houses personality (File image)

Estate agents Savills have discovered that houses with names linked to the feudal system, religion and beer generally command higher prices than others, as it gives the houses personality (File image)

More than two in five sales of properties with this name were worth more than £1 million.

The Old Rectory – the former home of a rector – was ranked second, with an average price of £1,301,424.

Properties with this name generally date from the Georgian, Regency and Victorian periods and tend to be large buildings with land, Savills said.

Half of the properties sold under that name in the last five years were valued at more than £1 million.

THE MAIN PROPERTY NAMES:

1. Le Manoir, 56, £1,423,128, 43%

2. (The) Old Rectory, 355, £1,301,424, 50%

3. Mallards, 38, £1,164,150, 24%

4. (The) Old Presbytery, 325, £1,086,887, 39%

5. The Oast House, 31, £1,038,774, 45%

6. Lime Tree House, 33, £981,121, 21%

7. Manoir/Le Manoir, 204, £967,117, 29%

8. Manor and farm, 41, £966,235, 32%

9. Grove House, 68, £962,904, 25%

10. Glebe House, 86, £940,814, 31%

Old vicarages generally cost around £200,000 more than those called Old Vicarage, which historically houses the vicar.

This lower rank meant a smaller property, and older vicarages usually took the form of smaller manor houses or cottages, Savills said.

Over the past five years, properties with this name have sold for an average price of £1,086,887.

Lucian Cook, head of residential research at Savills, said: “Some English house names have remained stable over hundreds of years and tell us a lot about the provenance and history of the property – whether it is linked to the feudal system, religion, mythology, the flora of our country and even beer.

“Even today, house names instantly conjure up an image, whether it’s the distinctive roofline of a country house or the intricate beams of a tithe barn.

“Once home to those who enjoyed the highest status in society, places like the Manor, Old Rectory and Old Rectory still command the highest property prices, fending off competition from more contemporary names such as Mallards and Timbers.

Phillippa Dalby-Welsh, head of country at Savills, said: “The name of a house can give it a special charm, or even a notional personality, before a potential buyer has even laid eyes on the property. . The quintessentially English names symbolize ideal country life and evoke images of period dramas.

“Manor houses, vicarages and presbyteries, in particular, benefit from a central location, usually on the edge or in the center of the village.

“Properties that historically symbolized great stature are also generally very well proportioned with high ceilings and large windows, as well as good-sized gardens, perfect for modern families.

“The timeless appeal of these homes means they will never go out of style and will always be highly sought after by buyers.”

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