London has seen a sharp rise in the number of people paying a small fortune for a garage with the average hitting £368,000.
Savills Auctions has reported a bumper 2016 for clients looking for a lock-up to either park their car in or to use for redevelopment.
The agency, which is better known for selling multi-million pound mansions, had seven separate garages come to auction this year - compared to a total of six single sites in the previous nine years.
And the average price paid for a humble lock-up at Savills was a staggering £368,000 - which is 70 per cent more than the cost of the average home in England and Wales.
The most expensive garage was in Chelsea, which sold for £670,000 in what is believed to be a record for a garage in London.
Chelsea was also the location for a £360,000 garage which doubled its pre-sale reserve while a garage in Stoke Newington sold for £309,000.
Another huge deal was for a garage in Hammersmith, which sold for £466,000 against an estimate of £250,000.
Chris Coleman-Smith, head of auctions at Savills, said:
The garage which was sold for a record-breaking £670,000 was opposite Justice Walk on Lawrence Street, in Old Chelsea, where homes are typically worth more than £5 million.
On top of the £670,000 payment, which could buy a luxurious family home in most cities, the buyer had to pay a further £23,500 in stamp duty - enough to buy a brand-new BMW 3-Series.
It is not just Savills Auctions which has selling garages which cost the same as a decent-sized home in some parts of the UK.
Estate agency Foxtons is currently marketing a single garage in Kensington for £200,000.
They have also recently sold a single garage in South Kensington for £200,000 and another in Chelsea for £185,000.