Gardening is the nation’s favourite hobby, contributing £9 billion to the economy annually. Just looking at the numbers of people who attend flower shows and garden centres, it’s clear to see that it’s big business. As Chelsea ends and Harlow Carr, Hampton Court and Wisley follow, even the TV programmes have trouble keeping up.
A well-maintained and attractive garden can boost a property’s value by 10 to 15 per cent, according to Knight Frank estate agents. In the UK, 93 per cent of the population have an outdoor space or grow plants.
Over the years, garden owners can spend thousands of pounds but many may not realise the increasing value until they have to claim. A young tree today may cost £60 but when mature in 15 to 20 years’ time it could cost up to £4,000 to replace. This means that many gardens should be insured for more than £20,000.
Most insurance companies choose to ignore this enhanced value.
Comments
Join the debate for just $5 for 3 months
Be part of the conversation with other Spectator readers by getting your first three months for $5.
UNLOCK ACCESS Just $5 for 3 monthsAlready a subscriber? Log in