Costs rocket for buyers to live in National Park homes

Home buyers face paying a premium of around £90,000 to live in the spectacular surroundings of the country's National Parks, a study has found.

House prices are £87,968 or 45% higher on average in England and Wales's National Parks than the typical price paid in their county in 2012, Lloyds TSB said.

The typical premium paid by buyers in the 12 National Parks studied is 55% higher than it was 10 years ago, when it stood at around £56,626.

The Peak District commands the biggest premium in percentage terms, with buyers facing paying more than double the prices in the local area, equating to a hike of £162,650.