Owning your own home

RTW to you

Royale with cheese.

Tunners.

Twinned with Brombleton.

@Dammit. Horsham! My old neck of the woods. Easy trains to various London terminals, excellent riding - close to South Downs.

Have you worked it out? Use the money you put in at the beginning, not the current value

Why? The sunk cost is not really relevant - the value is where you could trade out to another asset today if you wanted to.

Petersfield so I can blag cheap bike bits off you.

Agree it looks like pre-fab.

Get plenty of advice. And then probably decide not to buy it.

Edit: this is quite informative:

https://www.peterbarry.co.uk/blog/houses-of-non-traditional-construction-common-property-defects-6/

"all the drivers being cunts in Surrey"

the only solution is to s top road riding altogether or ride at @andyp 'o' clock (and pace)
#£191

https://www.hamptons.co.uk/buy/property/4-bedroom-detached-house-worcester-park-kt4-ref-4824432/

I've fallen down the rabbit hole of architecturally significant houses.

I like that

I’d buy that just for the gates.

The official term is dad o’clock. Not sure @Crumbs really wants to be getting up at 0530 on a weekend to ride her bike.

But Audax, so maybe.

architecturally significant houses

That seems to be a byword for less building for your koney, with inconveniently sized and shaped rooms.

Worcester Park is quite a depressing area though. Always seems to have an air of oaps / 1970s suburbia about it.

The sunk cost is not really relevant - the value is where you could trade out to another asset today if you wanted to.

Yeah, it's kinda weird. I can see arguments for using value or purchase costs depending on what you are trying to do. In this case sunk costs would provide the slightly less depressing answer.

There's another modernist gem (though not for sale, unfortunately) not for away on Church Road. Not sure what happened for it to have popped up in a sea of mock-tudor, but I've always admired it from afar as my granddad lives just around the corner.

This is more than an hour from Heathrow but I bet the riding is good.

https://www.wowhaus.co.uk/2020/04/20/gradna-house-1930s-coastal-art-deco-property-plaidy-looe-cornwall/

https://www.hamptons.co.uk/buy/property/­4-bedroom-detached-house-worcester-park-­kt4-ref-4824432/

Nice, but tiny. Can see why the built the thing in the garden.

Worcester Park though...

You can get architecturally interesting without going listed, which is a pain (though depends what is listed - eg interior/exterior etc).
Plus you can get a bit of extra income through use as a location.

This is more than an hour from Heathrow but I bet the riding is good.

https://www.wowhaus.co.uk/2020/04/20/gra­dna-house-1930s-coastal-art-deco-propert­y-plaidy-looe-cornwall/

Yes, this looks amazing, but I'd need a lottery win to afford it.

I bet the riding is very short & very steep, or it's the A38

ftfy

Also, it's going to stay white for the rest of the year, then start going green & black, unless you power wash it every other weekend.

Also, Looe. Nah mate.

My personal suspicion (based on not much) is that the supply will be stagnant but prices may not be hugely impacted.

Plus, having rented for 10 years and owned for 10 years I'd find it difficult to go back to bellend landlords, renting and all that comes with it and would be willing to take a hit to avoid that.

I did a dogsit in Haslemere last year, awesome riding, short drive from mine on W Sussex coast, and I got a train into London for some brutal moshpit action on the Friday night. Great shout.