Could a simple name make your home more valuable? According to Phil Spencer, of Location, Location, Location fame, it absolutely can! Naming your home could add thousands of pounds to its asking price without lifting a finger.
Why Do Property Names Matter?
In England, out of approximately 28 million registered homes, only 1.5 million have names. Historically, homes had names instead of numbers, but as towns expanded and more properties were built, a numbering system was introduced to bring order.
However, a name can evoke personality, history, and charm, transforming a simple house into a captivating home. For instance, “Rose Cottage” feels far more enchanting than “21 High Street,” conjuring up visions of roses around the door and a cosy countryside retreat.
Phil Spencer has noted that a carefully chosen name could add up to £5,000, or even more, to your home’s value. On the flip side, a poorly chosen or gimmicky name could knock as much as 20% off your property’s worth. Names like “Dunroamin” or “Dunmovin” might be fun but could deter serious buyers when it’s time to sell.
How to Name Your Home
If your house already has a number, adding a name is simple. Here’s what you need to know:
- Adding a Name
- You can add a name to your property without notifying anyone, as long as the number remains visible for Royal Mail and emergency services.
- It’s good practice to inform your local council of the name addition.
- Changing an Existing Name
- If your home already has a name and you’d like to change it, you must request approval in writing from your local council. Some councils may charge a small fee for this service.
- Choosing the Right Name
- Be creative but mindful. Your home’s name should be unique to your area and should complement the property’s character.
- Avoid names that could alienate buyers or seem overly whimsical.
Top House Names
If you’re looking for inspiration, here are some of the most popular and timeless house names, as listed by House Beautiful:
- The Cottage
- Rose Cottage
- The Coach House
- The Lodge
- Orchard House
- Ivy Cottage
- The Willows
- Sunnyside
- The Gables
- Meadow View
These names suggest charm, elegance, and a welcoming atmosphere, perfect qualities to attract buyers.
Could Your Home Benefit?
For as little as £40, you could add a name to your property and potentially increase its value by thousands. Whether you’re renaming “Number 21” to something timeless like “The Old Rectory” or opting for a bespoke name that reflects your home’s unique character, this small investment could make a big impact.
Thinking of selling your home? We’d love to hear about your property’s name, or help you choose one that resonates with buyers. Contact Fisher and Partners for a free market appraisal today. We’d be delighted to help!