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You're probably right.
Part of my logic was that if it wasn't too big, and put in a slightly central location then it wouldn't require all the extra structural issues of having a proper basement conversion.
I guess another thing to do would be what in bits of France they call a chai - a slightly sunken stone structure.
@On1 - bookmarked for my lotto win.
aspirational
hugo7
NickCJ
Uneconomical on a £/sqft basis to do a small cellar but makes sense for a bigger one? I would imagine the marginal cost to make it a bit bigger is small in comparison to doing one at all.
I imagine these things were cheaper in the old days because you could get kids to dig them for 20 hrs/day practically unpaid.