A solitary parking space in one of London's most exclusive neighbourhoods has been listed for sale at a staggering price that surpasses the cost of an average British home.
A Price Tag That Outpaces Property
The secure, private garage in the desirable Notting Hill area has hit the market with an asking price of £295,000. This eye-catching figure is notably higher than the current average house price across the United Kingdom, which stands at approximately £269,862. The leasehold lock-up is being marketed by estate agents Elsom Spettigue Associates, as reported by Luxury Property News in December 2025.
Prime Location and Premium Features
Located just moments from the famous Portobello Road and the vibrant Westbourne Grove, the space is situated in the W2 postcode, an address synonymous with luxury. The listing promotes it as a "rare opportunity" within the Artesian Village enclave, where such garages seldom become available.
The unit itself is described as well-presented and comes with brand-new electrics. Security and convenience are highlighted by a Crocodile remote fob-operated electric shutter. Potential uses cited include parking, storage, or purely as an investment asset for local residents or investors seeking a foothold in this prime location.
Putting the Price in Perspective
The cost of this single parking bay underscores the extreme value of space and convenience in central London. For context, the £295,000 price tag could purchase a full terraced house in cities like Manchester, where the average price for such properties was around £258,337 over the past year according to Rightmove data.
This sale exemplifies the intense premium commanded by off-street parking in the capital's most sought-after districts, where the battle for a parking spot can sometimes be more costly than the battle for a home.