How does your garden grow?
GARDENING is time well spent—at least where the value of your house is concerned. New research by AXA Insurance has found that people believe a well-tended plot adds £1,954 to a property’s price tag. ‘It’s not very often that a pastime you enjoy reaps such rewards, but gardening is a great skill that many people appreciate,’ notes Gareth Howell, managing director of AXA Insurance.
Among those who seem to value greenery the most are property owners in East Anglia, who put the garden premium at £2,306, according to AXA. Local estate agent Zoe Napier believes the figure is even higher. ‘Personally, I think £2,000 is an underestimation. Gardens—especially established, mature ones—offer something that money can’t buy: you can’t go out and successfully purchase a 40-year-old weeping willow. I call this intrinsic value—and often a garden holds many thousand pounds.’