The leafy district situated in the Chilterns was highlighted as the extreme end of the UK property market fluctuations in a 2023 analysis by the Telegraph.
The Telegraph’s house price calculator, focusing on 8,000 postcode sectors, showed vast variations.
On the opposite end to Turville, there was significant fall in property prices in the NE37 3 postcode area of Washington, Sunderland, where house prices dropped by approximately 53.5 per cent.
Turville, famous for being the filming location of the Vicar of Dibley, boasts picturesque surroundings and is conveniently half an hour away from Central London by train.
This has made it a family-friendly haven for those who commute to the capital.
This Buckinghamshire haven, according to the Telegraph’s analysis, saw property transactions averaging a cost of £1,723,333 in 2023, a substantial 63.5 per cent increase on the previous year.
This stark contrast to the national trend, which saw a drop of 2.1 per cent in the same period, seems in part due to the region’s popularity and the limited property supply.
Diane Thurman-Baker, a Turville resident, told the Telegraph: “As people have passed away the houses haven’t been able to be passed to the next generation.
“But those who have moved in have done them up and kept them nice.”
Adam Sayers of Savills in Henley-upon-Thames, elaborated on the area’s scarcity of properties.
He said: “There are a limited number [of properties in the area]. So when they do sell these are little gems that are really sought after.
“It is supply and demand in this area, properties hold their value well.”
In contrast, the neighbourhood of NE37 3 in Washington, Sunderland, witnessed a plunge in property prices of 53.5pc.
The region is notorious for its reputation in crime and lack of opportunities causing potential house-buyers to steer clear, despite the low prices.
According to the Telegraph’s house price calculator, the average property price dropped from £73,270 to £34,074 in the year.
