Living on the likes of ‘Fanny Hands Lane’ or ‘Crotch Crescent’ may not be to everyone’s taste, but it could be one way to beat rising house prices, one statistician has claimed.
Rude or risqué street names have been long favourites among internet users, who raise a smirk at the double entendres – despite many of the names having roots in that which is decidedly innocent, wholesome or historic.
Now, statistician Dr Geoff Ellis has noted a trend among some of the less palatable place names – that prices are a great deal lower, theguardian.com reports. As such, buyers have now been advised to actively seek out some of the bawdier street names, as they could get a good price for doing so.
Dr Ellis also found that the price difference was nothing to be sniffed at, with some of these streets being 22 per cent cheaper than those just a stone’s throw away. In real terms, the difference could even be as much as £84,000.
Lowton in Lancashire, for example, is home to Slag Lane, where a semi-detached house is on the market for £112,620. A similar property in nearby Fieldfare Close, however, has a £141,297 asking price.
In the aforementioned Fanny Hands Lane in Lincolnshire, a detached house can be expected to fetch £157,200, whilst the more wholesome-named Magna Mile sees properties fetch £236,987, according to Land Registry figures.
Despite seeming like a blush-inducing name, local residents of Fanny Hands Lane have claimed it’s most certainly a positive. Retired resident Annie Gray told mirror.co.uk: “If you’re ordering anything and tell people your address, as soon as you say ‘Fanny’, they know exactly where you mean.”