Local pubs found to be the most sought after lifestyle amenity when buying a new home

The findings come amidst a backdrop of declining pubs across the UK, in which 80 pubs are reported to disappear a month due to rising costs.

Related topics:  Property,  Moving Home,  Pubs
Property | Reporter
2nd September 2024
Village pub 691
"Just like our homes, our local pubs can represent more than just a place to eat or drink, acting as a local focal point to make new acquaintances and connect to the community"
- Nick Leeming - Jackson-Stops

New research from national estate agency, Jackson-Stops, which surveyed over 3,000 of its customers from across England and Wales has found that the humble pub is the most important lifestyle amenity for 75% of the nation.

The research also underscored the importance of several high street staples and the support for local businesses at a time when many are under huge economic pressures. 51% of respondents cited the post office as the most important shop in the local area when buying a new home, followed by a corner shop (45%), farm shop (33%), butcher (23%), baker (21%) and greengrocer (18%).

Nick Leeming, Chairman of Jackson-Stops’ comments: “With this research, we aimed to understand the features and amenities that are most important to buyers right now. Our intriguing results not only help us connect with buyers but also remind us that a house is much more than just bricks and mortar. Location can make or break a sale.

"It is heartwarming to see the nation’s support for local businesses, a yearning for the high streets of old. Villages that still embody these characteristics undoubtedly command a sizeable house price premium as a result.

“In particular, in the face of depleting local pubs, the popularity of villages and homes near well-regarded watering holes will continue to grab homebuyers’ attention. Just like our homes, our local pubs can represent more than just a place to eat or drink, acting as a local focal point to make new acquaintances and connect to the community. They say a dog makes a house a home, then perhaps for British homeowners a pub makes the perfect community.”

Local doctors important to 70% of homebuyers

As local GP services struggle under the weight of NHS pressures, the survey results indicate the significant value placed on them by prospective homebuyers. 7 in 10 (70%) respondents cited access to a local GP as the most important local service when buying a property, vastly ahead of broadband (46%) and local transport (25%).

The NHS was a hot topic for the Election battleground, under pressure to tackle appointment waiting times and conclude NHS strikes, putting health care and medication at the fore of people’s minds.

In a similar theme, health and fitness were also high on the priority list for homebuyers with sports facilities (53%) and spa or health clubs (25%) all making it into the top five.

Buyers seek traditional highstreet staples

Turning to the heart of the high street, the local post office (51%) came out on top as the most important shop when buying a new home, followed by the humble corner shop (45%).

As a nod to supporting local businesses and sustainable food sources, farm shops took third place, important to one in three (33%) prospective homebuyers who took part in the national survey.

Other quintessential English high street staples that featured prominently on the list included a butcher (23%), baker (21%) and greengrocer (18%) coming in at 5th, 6th and 7th place - above a hairdresser (5%) and charity shop (2%).

Nick concludes: “In the digital age when everything is at our fingertips, the research shows that physical amenities, thriving communities and neighbours that we know by name are important considerations. Perhaps one of the few positives that came from lockdown is that many continue to shift their focus to work-life balance and the close-knit communities on our doorstops as flexible working is here to stay.

“However, in an economy where many small businesses such as pubs and farms are struggling to survive, those villages and towns with genuinely thriving high streets and well-regarded eateries will be harder to find, and as a result, those left will become the focus for prime homebuyers. Buyers must move quickly to secure their slice of the pie.”

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