There are a clutch of extraordinary homes in Britain that come on the market for the first time in decades at prices that are millions more than they originally sold for. Mary Wilson digs up some jaw-dropping 'rags-to-riches' addresses.
Gilston House (pictured left), an un-modernised house in Chelsea's celebrity-strewn Little Boltons neighbourhood, was bought in 1958 for £5,000 and after 'sealed bids' last week was sold via agent Knight Frank for an undisclosed sum likely to be close to £10 million.
So was this extraordinary leap in value a one-off? We found six other houses which have been in the same ownership for decades but are for sale or have been recently sold for much, much more.
Highland Lodge, near Moreton-in-Marsh, Gloucestershire
Sold for: £40,000 in 1964
On the market now: £3 million, Strutt & Parker - Moreton-in-Marsh
Liverpool Road, Kingston-upon-Thames
A Victorian family house in the Liverpool Road conservation area backing onto Richmond Park. It has seven bedrooms, a double reception room on the first floor and another reception room on the ground floor. With off-street parking, garden, garage, old coach house and room for refurbishment.
Sold for: £1,750 in 1950 (although son bought it off parents for £30,000 in 1978)
On the market now: £1.75 million, John D. Wood - Wimbledon Village
New Farm House, Chievely, near Newbury, Berkshire
An 18th century four bedroom village house with three reception rooms and surrounded by mature gardens. The main house, which was extended in the late 1800s, has a large conservatory and study. The Granary, which is a separate one-storey cottage, has two bedrooms, two living rooms and a conservatory.
Sold for: £90,000 in 1968
Sale just agreed: £1.25 million, Strutt & Parker - Newbury
Buckingham Road, Newbury, Berkshire
A 1920s four bedroom house, in one of the town’s most desirable roads, with three reception rooms, breakfast room, single garage, store room and workshop. The house has many period features, but needs some modernisation and decoration. It has off-street parking and front and rear gardens, the latter with summerhouse, pond and fruit trees.
Sold for: £8,500 in 1961
On the market now: £585,000, Carter Jonas - Newbury
Swallowcliffe Manor, Swallowcliffe, Wiltshire
A stunning Grade II listed 16th century stone house with eight bedrooms, three reception rooms and study. The house has many fine period features but is in need of refurbishment and modernisation. In the 17.5 acre grounds, there are outbuildings, garaging, formal and vegetable gardens, swimming pool, paddocks and woodland.
Sold for: £20,000 in 1969
On the market now: £3.15 million, Knight Frank Sherborne.
Brookside Cottage, Preston, Wiltshire
A Grade II listed thatched cottage with four bedrooms, vaulted drawing room and three more reception rooms, plus study. In the grounds, which are just over 6 acres, there are outbuildings, garage, summer house, a tennis court, garden and paddocks. There is also large games room, which comes with a full sized snooker table.
Sold for: £40,000 in 1977
On the market now: for £875,000, Hamptons International Marlborough.
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In the grounds, there are three cottages, stabling, garaging, a tennis court and swimming pool