Buckinghamshire Advertiser - - BUCKS PROPERTY -

T'S of­fi­cial, the granny flat is making a come­back.The num­ber of prop­er­ties with a sep­a­rate an­nex for fam­ily mem­bers has in­creased by more than a third in the past two years, ac­cord­ing to The Val­u­a­tion Of­fice Agency.

The re­search shows that it's the baby boom gen­er­a­tion who are the most likely to need ex­tra ac­com­mo­da­tion, both for younger fam­ily mem­bers who are un­able to get on the property lad­der them­selves, and also de­pen­dent el­derly par­ents, largely due to the in­creas­ing costs of long-term care.

Strutt & Parker's Hous­ing Fu­tures echoes this trend, iden­ti­fy­ing the in­crease in multi-gen­er­a­tional liv­ing as a key shift in the property mar­ket.

In its lat­est an­nual sur­vey re­sults, 15% of re­spon­dents who in­tend to move in the next five years an­tic­i­pated liv­ing as ‘The Wal­tons' – with mul­ti­ple gen­er­a­tions all un­der one roof – com­pared with 10% the pre­vi­ous year.

Stephanie McMa­hon, Head of Re­search at Strutt & Parker, said:“This is a trend we see in­creas­ing over the next decade, with ris­ing house prices bring­ing sev­eral gen­er­a­tions to­gether un­der one roof.

“We call this tribe of home­own­ers ‘The Wal­tons', with at least three gen­er­a­tions liv­ing to­gether, but this could also ex­tend to house­holds that share their liv­ing space with friends, ex­tended fam­ily or the un­mar­ried part­ners of chil­dren.”

Si­mon Roberts, part­ner at Strutt & Parker in Ger­rards Cross says: “Mov­ing be­yond the tra­di­tional fam­ily set-up, this ar­range­ment is more akin to the house­holds of the past where lots of gen­er­a­tions lived to­gether.

“The granny flat is be­com­ing cool again and is per­ceived as a huge

This ex­cep­tional six bed­room Ge­or­gian-style res­i­dence in Grove Road, Bea­cons­field, has an an­nex over the triple garage. It is for sale with Strutt & Parker at a guide price of £4,750,000. Call 01753 891188. ad­van­tage to buy­ers when I show them around prop­er­ties.

“Even if they don't use the space im­me­di­ately, it is some­thing that will fu­ture-proof a home for the long term.”

The Strutt & Parker Hous­ing Fu­tures re­search also high­lighted the need for more flex­i­ble fam­ily homes to suit home­own­ers' evolv­ing needs and iden­ti­fied the ‘Yo-yo house' as a pos­si­ble so­lu­tion.

Stephanie added:“The ‘Yo-Yo house' fo­cuses on flex­i­bil­ity: grow­ing, con­tract­ing and evolv­ing with its oc­cu­pants, offering them dif­fer­ent space use over their life­time. For ex­am­ple, the foot­ings will al­low a garage space, not only to be con­verted to a sin­gle-storey liv­ing space, but to two or three storeys – the cost of retro-fit­ting be­ing higher than the cost of fu­ture-proof­ing at the build stage.”


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