New figures have revealed that Burnham Market is the most expensive village to buy a home in Norfolk.
The north Norfolk village remains at the top of the list from 2022, with an average sale price of £990,192, over the 12-month period to May 2023.
Within the same area of Norfolk, Blakeney and Old Hunstanton follow in second and third place with average sale prices more than £130,000 lower than Burnham Market.
The figures come after a referendum in Burnham Market – nicknamed “Chelsea-on-Sea" because of the large proportion of Londoners with property there – saw villagers overwhelmingly back a bid to limit the number of second homes and holiday lets.
Locals say they are being priced out of the housing market in the village, with young people leaving in search of cheaper options.
Land Registry Data compiled by Savills looked at villages in Norfolk that had 10 or more sales to find the average cost.
Most of the villages on the list sit within either The Broads, north Norfolk coast, or close to Norwich.
Ben Rivett, joint head of residential sales at Savills in Norfolk, said: “All of the villages are very well served, close to the coast or surrounded by wonderful countryside, with pubs, local shops and a good sense of community, alongside quality housing stock."
Horstead with Stanninghall comes in fourth, followed by Wroxham, Saxlingham Nethergate, Horning, Filby, Salhouse and then Barford.
Commenting on the current market, Mr Rivett added: “In general, there has been a softening of prime regional house prices across the UK.
"Looking ahead, underlying demand, especially for properties that are close to amenities and transport connections, remains strong.
"The lifestyle factors that make Norfolk such an attractive place to live will continue to draw people to the area.
"Ongoing economic uncertainty has led to increased price sensitivity – particularly in markets that are more reliant on mortgage borrowing.
"This means we are likely to experience further pressure on pricing for the remainder of the year.
"Properties that are realistically priced continue to command the most interest.”
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