People moving home may be interested to learn that detached properties have increased in value over the past five years.
A Nationwide special feature on detached
homes has shown that this form of
property accounts for one-fifth of the
houses purchased in the
UK.
The value of such properties has increased by some 41 per cent in the last five years; however, this falls short of the average house price increase of the other property types, including flats, terraced, semi-detached and bungalows.
When looking for a spacious
property, detached
homes may be a good option, however.
"Detached houses are, on average, bigger than other property types and, with an average floor area of around 1,542 sq ft (143m²), a third bigger than a typical semi and twice as big as a typical terraced property," the report states.
According to a recent report on March
house prices, Nationwide has shown that growth has slowed to its lowest level in 12 years.
When trying to create space in a home, be sure to acquire a storage system to hide away objects throughout the house.
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