Anyone buying a high-quality property with a large garden will clearly have a fine place to live to begin with. But often the best aspect of a home is not just how good it is to reside in to begin with, but the potential for enhancement that can exist.
For example, the presence of plenty of space into which to expand is a great attraction for anyone adding a Victorian-style orangery.
As an article in the Daily Telegraph has highlighted, there are some locations, so-called ‘golden villages’, where homes are so sought-after that prices are expected to be immune from falling even in the event of a significant property market downturn, something that could happen if the UK suffers a recession caused by high inflation.
The Telegraph named rural places across the country such as St Martin-by-Looe in Cornwall, Griffham in West Sussex, Ilmington near Startford-on-Avon and Staveley in North Yorkshire among these much desired villages.
Of course, anyone buying a property there may well find an orangery enhances it further. But for those not quite so fortunate as to acquire a home in such an enviable location, the addition of an orangery, as well as improving their living experience, will provide a further boost to its value.
As the latest official figures for property prices in England by local authority show, some places have increased by much more than others. In the year to May the overall average was 13.1 per cent, but this has included increases of 20 per cent or higher in Harborough, Knowsley, North Warwickshire, South Hams and South Kesteven.
By contrast, there was no increase in the Cumbrian district of Allerdale, while Rutland and the London boroughs of Westminster and Lambeth saw falls.
All this shows that there can be great benefits in adding a beautiful, spacious feature like an orangery to a property, increasing its value however the local housing market is performing.