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homeowners hit the jackpot

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Reference ID: #23bcf360-2faf-11eb-97b1-9576660d657b

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Why some homeowners have hit the jackpot

The higher the total of £1 million-plus properties in a district, the faster seems to have been its recovery

Llandrindod Wells in mid-Wales, known for its Victorian spa and its lush surrounding countryside, has a new claim to fame. It is the only postal district where there have been no £1 million-plus property sales since 1994. By contrast, in Bath, that other spa town, there have been 224 such transactions. It comes as no surprise, however, that southwest London can boast the greatest number of homes sold for seven-figure sums. Since 1994, 11,044 of this kind of pad have changed hands in Belgravia, Fulham and Clapham.

These figures are in a survey compiled by HSBC and published this week to coincide with the 15th anniversary of the launch of the National Lottery — many of whose winners have been the buyers of these expensive

Llandrindod Wells in mid-Wales, known for its Victorian spa and its lush surrounding countryside, has a new claim to fame. It is the only postal district where there have been no £1 million-plus