UK's most expensive car parking space on the market for £350,000
The parking space measures just 19.5ft by 8ft
![The car park space is located on Hyde Park Gardens](https://static.independent.co.uk/s3fs-public/thumbnails/image/2016/03/18/14/HydeParkGardens.jpg)
Support truly
independent journalism
Our mission is to deliver unbiased, fact-based reporting that holds power to account and exposes the truth.
Whether $5 or $50, every contribution counts.
Support us to deliver journalism without an agenda.
![Louise Thomas](https://static.independent.co.uk/static-assets/support-us/louise-thomas.png)
Louise Thomas
Editor
The most expensive parking space in the UK has gone on sale today for an asking price of £350,000. The eye watering price tag makes it one and a half times more expensive than the average UK house price.
The parking place measures just 19.5ft by 8ft but occupies prime real estate and is located just behind Hyde Park Gardens in London.
The space is listed with property consultants Knight Frank who describe it as “a rare opportunity to purchase a private parking space for one car, located behind the prestigious Hyde Park Gardens and ideally located for the transport links of the M1.” It adds that it is: "perfectly positioned for the arrival of Crossrail in 2018."
It is believed that the most expensive UK car parking space in history is one which sold in South Kensington for £480,000. However, a central Manhattan parking space is believed to hold the world title for the most costly car space after it sold for $1 million.
According to recently released government data, the average house price in the UK is £191,812.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments