Nick De'ath at the Unthank Arms on Newmarket Street in Norwich.
Living near a good local pub in Norwich can increase the value of your house
David Bale
Monday, February 13, 2012
10:01 AM
An extra reason to back your community pub emerged today with news that living near a good local can even boost the value of your house.
As the Evening News’ Love your Local campaign, which celebrates its third anniversary this month, has highlighted, pubs offer much more than just a drink and something to eat.
And when there’s an award-winning pub down the road then that boosts the value of the neighbouring properties, with estate agents across the country now claiming that homebuyers are increasingly checking out the local pub before moving into a new area.
One of the areas in Norwich most popular with homebuyers and also with real ale fans is the Golden Triangle, which boasts The Unthank Arms in Newmarket Street as one of its most popular establishments.
Nick De’Ath, who has owned the Unthank Arms with wife Briony since 2005, said: “It’s a bonus for people to live near a great pub. I would advise anyone thinking of moving house to check out the local before deciding.
“A good pub or restaurant and other amenities lift the value of your area. There are fantastic pubs in the Golden Triangle, which is one of the reason why house prices here have stood up so well in the recession.”
Estate agents across the city are also finding out that a good local adds to the attractiveness of a particular area.
Ken Shipman, from Shipman’s estate agents in Upper King Street, said: “While I would not say I have had people specifically saying they wanted to buy a property near a pub, if you have got a pub or shop nearby, it does make the area far more attractive.
“Personally, I like real ales, so a pub serving them would be an attractive area for me to live in.”
Charlie Webster, of Websters estate agents in Unthank Road, said that the Golden Triangle was renowned for its quality pubs, which made homes in the area easier to sell.
He said: “Being in the Golden Triangle, which is known as a good pub area, it does make a difference.”
Meanwhile, Nick Eley, chairman of Norwich & District Association of Estate Agents and partner at property firm Watsons, said that selling a house close to a popular pub was an advantage, especially if it also served good food.
He said: “Obviously people like to see good amenities. If you’ve got a really nice pub down the road that also serves good food, that’s one more reason for homebuyers to move into that area.”
The Evening News launched our Love your Local campaign in February 2009 amid concerns that too many pubs were closing.
We wanted to help save a great Norwich tradition - the local pub - by highlighting all that is good about them, including the positive impact they have on the community.
Throughout the campaign we have set out the reasons why pubs are important and why we need to save them for future generations.
Norwich has been renowned for its pubs for centuries, and was once famed for having a pub for every day of the year, although there are now only about 150 left.
For more stories about the campaign visit www.eveningnews24.co.uk/loveyourlocal.
What pub topics would you like to see the campaign address this year? Call reporter David Bale on 01603 772427 or email david.bale2@archant.co.uk.
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9 comments
It's all academic innit? If you live near a good pub how much it makes your house worth is irrelevant, cos why would you want to sell!??
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I ronnie
Tuesday, February 14, 2012
Since the smoking ban there has been an increase in noise and litter outside pubs. This has led to a DECREASE in the value of homes near pubs.
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chas winfield
Monday, February 13, 2012
Since the smoking ban there has been an increase in noise and litter outside pubs. This has led to a DECREASE in the value of homes near pubs.
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chas winfield
Monday, February 13, 2012
Never live near a pub.
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bookworm
Monday, February 13, 2012
This is looking like a last ditch desperate attempt to get people to use their local pub. Nothing in the article says that it could also be a deciding factor in some people not wanting to buy a property near a pub as Richard Leggett discovered.
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mike smith
Monday, February 13, 2012
What a load of rubbish. Why would someone want to live closer to a pub? All the added noise, drunken behaviour would certainly put me off moving close to a pub. Then you get the smokers hanging about outside, which I certainly wouldn't want to view across the road. Also, over priced pub grub would hardly attract people to the area.
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Whiley Boy
Monday, February 13, 2012
What a load of codswallop! An award winning pub? What are they doing now then, awarding a pub a "Certificate of Merit" if it actually has 4 customers in at any one time! Last week Marston's were sending staff home 2 hours into a 456 hour shift because of the lack of customers=-they were afraid they "couldn't pay the wages!" I know for certain what would attrct plenty of locals back to their local-a smoking room! Now that would get a "Certificate of Merit" from all concerned!
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Phil Smith
Monday, February 13, 2012
What nonsense. I recently sold a house opposite the Unthank Arms and a number of people who viewed it said they were put off making an offer by the fact the pub was so close. As a result, it's highly likely that we lost money thanks to Mr Death. We bought the house before the licensing laws were relaxed, so it wasn't so much of an issue. But since the relaxation, the longer opening hours at the Unthank made things quite unpleasant for us at times, and was a factor in our decision to move.
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Richard Leggett
Monday, February 13, 2012
And living near a bad one could lower the value. Definitely ab article on the startlingly obvious.
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kiwidog
Monday, February 13, 2012