For which propertyFor a house with a large garden, especially one that borders a road or lane. Also known as BIMBY (“Build in my backyard”).
PermissionPrior declaration of division; development permit if a road or common areas are created.
ProfessionalsChartered surveyor, notary; network operators if the plot needs utilities.
Administrative time1 months (prior declaration) or 3 months (development permit), then 2 months for appeals.
Montluçon
Not very worthwhileHouses of 80 to 130 m², median price by plot size:
| median price | sales |
|---|
| under 500 m² | €95,625 | 418 |
| 500 à 1,000 m² | €120,000 | 573 |
| 1,000 à 2,000 m² | €144,000 | 333 |
| over 2,000 m² | €136,000 | 205 |
A house on 1,000 to 2,000 m² sells for a median €144,000, a house on 500 to 1,000 m² for €120,000: a €24,000 gap. A plot of 300 to 1,500 m² sold on its own goes for a median €19,502 (€21/m², 183 sales in the area).
What the house loses in garden is close to the price of a plot: the operation only pays if access and utilities are already there, with no servicing costs.
Source: DVF since July 2021, 28 towns in the Montluçon area.
Vichy
WorthwhileHouses of 80 to 130 m², median price by plot size:
| median price | sales |
|---|
| under 500 m² | €152,000 | 597 |
| 500 à 1,000 m² | €168,970 | 423 |
| 1,000 à 2,000 m² | €185,000 | 365 |
| over 2,000 m² | €188,900 | 202 |
A house on 1,000 to 2,000 m² sells for a median €185,000, a house on 500 to 1,000 m² for €168,970: a €16,030 gap. A plot of 300 to 1,500 m² sold on its own goes for a median €34,750 (€44/m², 184 sales in the area).
The extra garden adds little to the price of the house, while a plot sells well: splitting off a parcel can bring in much more than the house loses.
Source: DVF since July 2021, 24 towns in the Vichy area.
Moulins
WorthwhileHouses of 80 to 130 m², median price by plot size:
| median price | sales |
|---|
| under 500 m² | €122,715 | 294 |
| 500 à 1,000 m² | €150,500 | 459 |
| 1,000 à 2,000 m² | €151,025 | 246 |
| over 2,000 m² | €150,000 | 229 |
A house on 1,000 to 2,000 m² sells for a median €151,025, a house on 500 to 1,000 m² for €150,500: a €525 gap. A plot of 300 to 1,500 m² sold on its own goes for a median €30,000 (€43/m², 189 sales in the area).
The extra garden adds little to the price of the house, while a plot sells well: splitting off a parcel can bring in much more than the house loses.
Source: DVF since July 2021, 46 towns in the Moulins area.
Houses with large plots are more often in the countryside, where prices are lower: the comparison gives an order of magnitude, not the exact loss for your house. Plots sold on their own are not all buildable (DVF does not say). Surveyor, notary and servicing costs to be deducted.
Building plot of 300 to 1,500 m² (classed as building land or in a residential urban zone), five-year median (at least 5 sales). Plots that can be split off: street frontage or large plot, according to our screening of the land registry and the PLU (at least 20). 2,487 towns ranked: the higher the price of land, the more splitting off a plot pays. National ranking, all towns analysed on the site.
Before calling in the surveyor: check with the town hall the PLU zone, the required area and frontage width, the footprint and the distances to boundaries. If the land became buildable recently, a tax on the sale of land that has become buildable may apply depending on the town.