Is Your Door Number and Street Name Positively Impacting Your House Value?
After analysing 1,000 UK homes sold, research from Boiler Plan has uncovered that a particular street name and door number can help sell your home.
Key Stats:
- The average house with an odd door number sells for £30,258 more (£290,664) than those with even door numbers (£260,406).
- Surprisingly, unlucky number ‘13’ isn’t so unlucky when it comes to selling houses – those with this door number sell for £15,075 more (£298,461) than the most popular door number ‘1’ (£283,386).
- Although triple-digit door numbers are rarer, houses of this format sell for £34,073 less (£239,427) than those with single-digits (£273,500).
- Of the 1,000 sold-houses analysed, a whopping 43% (328 homes) featured the street suffix name ‘Road’. In second place was ‘Close’ but these homes only accounted for 14% of sold houses (103).
- Despite the positive name, surprisingly, only one house sold with the suffix ‘Pleasant’ in the street name.
In the past year, over 1.19 million houses were sold in the UK, with 63% of households in Britain said to own their own home. When you plan on selling your home, chances are that you renovate or revamp certain aspects to make it more desirable for potential buyers. But, have you ever stopped to consider external factors that are out of your control?
Boiler Plan has analysed the price paid index of 1,000 homes to reveal the best-selling number, street name and even location in the UK. Are you one of the lucky ones?
Houses with odd door numbers are worth £30,258 more than those with even
Number 1, 5, 11 and 9 (along with 6) are the most sold house numbers in Britain, suggesting odd-numbered homes are the way to go.
Additionally, Boiler Plan’s research uncovered that if you were to sell your odd-numbered home, you could potentially earn more money from the sale. The top five most sold odd-numbered homes reached an average of £290,664, compared to just £260,406 for the five most sold even numbers. That’s a huge difference of £30,258 (12%).
Unlucky number 13 isn’t so unlucky when it comes to selling your house
While many people consider the number 13 to be unlucky, it’s not so unlucky if you happen to live at number 13 and are looking to sell your home.
Zoe Kenworthy, Director of Sales and Lettings at Patrick Oliver, said:
“We have found that sometimes superstitious numbers such as 13 in the U.K, can have a negative impact but we’ve never found it prevents a property from being sold.”
However, the number 13 is, in fact, the tenth most sold house in Britain, in joint place with 12 and 8, with 2% of homes sold in the UK boasting the digit.
The number 13 sells for £15,075 more than the most popular door number
What’s more, the average price of homes sold with the number 13 is higher than that of the best-selling house number in the UK. Number 13 properties sold for an average of £298,461 in the past year, compared to £283,386 for homes boasting the number one. That’s a staggering difference of £15,075 – £4,000 more than the average house deposit in the UK.
#1 is the best-selling house number in the UK
If you live at number one, you are one of the ‘lucky’ ones. According to Boiler Plan’s research, number one is the best house to live at when it comes to selling your home.
4% (34) of the 1,000 homes sold in the past year had the door number ‘one’. Properties with the number 6 were a very close second, with 33 houses sold boasting the numeral. Number 5, 11 and 9 came in third and joint fourth respectively.
Houses with single-digit house numbers could sell for £34,073 more than triple digits
Those living in homes boasting a single digit could see £34,073 more when it comes to selling than those living in properties with a triple-digit house number.
In the past year, triple-digit homes have reached an average of £239,427, compared to £273,500 (a 12% increase) for single numbers.
It’s also the same story for properties boasting double digits, with these homes selling for an average of £268,593 – £4,907 less (2%) than single house numbers.
Streets with ‘Road’ in the name are 43% more likely to sell in the UK
After analysing Land Registry data, Boiler Plan has uncovered that street suffix names featuring the word ‘road’ are the most sold in the UK.
43% (328) of all properties studied included Road in the street name, spanning a myriad of locations.
Coming in second, however, was the suffix name Close. 103 (14%) properties sold in the past year boasted Close in the name. Street, Avenue and Lane were in third, fourth and fifth place respectively, accounting for 9% and 7% of houses sold.
Sadly, for those living on a street featuring the suffix name Pleasant, it may not be so pleasant when it’s time to sell. Only one house was sold in the past year with Pleasant in the street name. Similarly, only two homes were sold boasting the names Hollow, Villas, Mews and Acre.
But, that’s not to say you can’t sell your home based on the street name.
Zoe Kenworthy said:
“We have found that our clients are sometimes driven by a streets reputation rather than the actual name of it.”
London, Bristol, Nottingham, Leeds and Manchester saw more properties sold than anywhere else in the UK
Boiler Plan’s research also revealed which UK cities experienced the most houses sold, with London claiming the top title.
11% of homes sold in the past year – based on the price paid data of 1,000 properties – were in the UK capital, reaching an average of £1,005,790.
Bristol took the second spot, accounting for 3% of houses sold in the past year. The average price for homes sold in Bristol was £350,323 – a £655,467 difference compared to the average price in London.
Nottingham had the third most sold properties, costing an average of £102,836. In fourth place was Leeds and then Manchester.
So, there you have it. Some of the best-selling features for your home is the number 1, the word Road in its name and is located in London. Are you one of the lucky ones boasting this home?
You can read more information on taking care of your home and house maintenance tips with Boiler Plan’s advice centre.
Methodology
Boiler Plan analysed the Price Paid Data of 1,000 homes from Land Registry and studied the house numbers, street names and locations to reveal the best-selling home in the UK.
Kindly shared by Boiler Plan
