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Demand for detached homes is driving prices

15th August 2007 Print
Saffron Green - The Vanguard, The Lorne in the background According to the NHBC (National House Building Council), who insure over eighty per cent of all new homes in the UK, the construction of apartments is outstripping detached family houses more than two fold. Apartments now occupy more than 54% of the new homes market (smartnewhomes.com) whereas detached family homes make up just 26%.

UK developer Countryside Properties highlights that this lack is resulting in a major shortage, which in turn means that prices for detached houses are rising in price three times faster than apartments.

Countryside Properties is redressing this balance and offering potential purchasers excellent opportunities at two new schemes in Essex, Saffron Green situated in the picturesque town of Saffron Walden, and the Thatchams at Priors Green in Little Canfield near Takeley.

Yvonne Hudson-Green, Sales and Marketing Director for Countryside Properties, comments: “At Countryside Properties, we have found that with apartments making up such a large proportion of newly built properties, larger family properties are in real demand. Both Saffron Green and Priors Green are prime examples of popular areas that have been lacking in detached houses suitable for the needs of families.”

Saffron Green offers a collection of 55 contemporary homes, with a wide selection of detached four bedroom family homes. The Whitehall, an attractive four bedroom home over three floors, is just one of the larger detached properties available at Saffron Green. Ideal for families, it offers up to 100 sq metres (1,076 sq. ft.) of living space arranged with the modern family in mind, with a spacious open plan kitchen and dining area leading into the garden, three generous bedrooms on the first floor and a stunning master bedroom occupying the entire second floor.

Priors Green is a brand new village community, unique in the area because it is the only large development exclusively containing houses. There is a wide variety of family housing, and with eleven different house designs, there is something to suit every family. All the homes feature carefully designed flexible interiors, gardens and parking to meet the needs of today’s active families. The Franklin, the largest of the homes available at Priors Green, is an elegant and spacious four bedroom detached home. The large living room and kitchen/breakfast room, both with French doors leading to the garden, and a separate dining room, provide lots of space for all the family and make it ideal for entertaining.

Peter Amos from Mullucks Wells Estate Agents comments; "There always seems to be a strong demand for 4 bedroom houses, particularly as developers tend to build more apartments these days. The cost of moving has risen considerably in recent years and people generally tend to stay in larger houses for long periods of time. Subsequently, the supply coming to the market is limited and never quenches the demand for such houses. This, coupled with the excellent schools in the area, keeps the demand strong for 4 bedroom family homes."

To help make purchasers move to their brand new home as smooth and hassle free as possible, Countryside Properties is providing buyers at Saffron Green with up to £15,000 to help with moving costs along with part-exchange on their existing property. The part-exchange offer, also available at Priors Green, will not only mean that purchasers can move quickly, removing the need to secure a buyer for their home, but it will also avoid inflated agency fees.

Prices at Saffron Green start from £435,000 for a four-bedroom detached house, with a beautiful new show home recently opened for viewing. For further information and to visit a show home, visit Saffrongreen.co.uk.

Prices at The Thatchams, Priors Green start at £391,950 for a four-bedroom detached house.

For further details or to view the show home, visit Thatchams.com.

More Photos - Click to Enlarge

Saffron Green - The Vanguard, The Lorne in the background