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An assessment of the effects of conservation areas on value

Posted on: 13 July 2012
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In 2012 English Heritage commissioned the London School of Economics (LSE) to undertake research into the effects of conservation areas on value. A statistical analysis of more than 1 million property transactions between 1995 and 2010 from the Nationwide building society and data on more than 8,000 English conservation areas found that properties in conservation areas sell for 23% more on average than houses outside conservation areas. Even when location, the kind of properties involved and other factors affecting house prices are adjusted for a premium of around 9% was still found.

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