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House prices in Great Shelford have increased by an average of more than 11% a year over the last 25 years.

The startling statistic has been published by village estate agent Haart.

Their survey shows that property prices in Great Shelford have gone up by 283% in the last 25 years.

“When you think that the cost of living over the same 25 years has been 105%, in real terms (after inflation) property values in Great Shelford are 177% higher,” said Haart's Great Shelford manager, Angelos Koutsoudes

“It’s no wonder that people can’t afford to buy property anymore and landlords are attracted by bricks and mortar.”

 According to the Haart housing report, in 1991, the average value of a property in Great Shelford was £112,000.

The estate agent said that in 1991, the proportion of people who lived in the UK who owned their own home was 65.9%. Today it is 54%.

Current featured home

This 2 bedroom home in Stapleford with countryside views is currently on the market with Haart for £450,000.

More details can be found here.