• Pennyfarthing Homes are responding to this critical pressure by including these homes in many of their new developments.
• Most of these developments are situated on the edge of the New Forest – as the New Forest has also recently benefitted from a 25% price premium, buying on the edge of the area can provide a buyer with a solid investment at a more affordable price point.

Recent research from Regency Living reveals that bungalows make up only one in ten homes currently listed for sale, indicating strong demand in today's market. This trend highlights the rising popularity of bungalows in recent years, with online searches for these homes increasing by 53% over the same period[1]. Family-owned housebuilder Pennyfarthing Homes is responding to this buyer trend by delivering these much sought after homes in each of its developments.

This one-storey property type has become increasingly popular across all age groups, appealing to growing families, downsizers, and even younger first-time buyers. In an era of rising living costs, younger buyers - traditionally not the target market for bungalows - are recognising the many benefits they offer. Along with the ease of maintenance that single-storey living provides, bungalows often feature larger gardens, as their wider floor plans require more plot space; this makes them particularly attractive to young and growing families. Additionally, the generous, space of bungalows provides an opportunity to plan for the future, reducing the need for frequent moves and offering long-term flexibility.

Pennyfarthing Homes offers bungalows across many of its developments on the edge of the scenic New Forest National Park, demonstrating the housebuilder's commitment to meeting strong market demand. However, this varied range of property types also demonstrates that Pennyfarthing Homes ensures that there is something for every prospective buyer, catering to a wide array of preferences at each new neighbourhood.

Stay Well-Connected at Whitsbury Green, Fordingbridge

A new, highly anticipated phase has now been released at Whitsbury Green that is exclusively two and three-bedroom bungalows. These properties are already receiving a high amount of interest.

Whitsbury Green, a charming collection of modern and elegant new homes, is set on the edge of the New Forest in the popular market town of Fordingbridge, Hampshire. Combining the best of countryside and coast, Whitsbury Green is located under an hour's drive away from the bustling city of Salisbury and the sandy beaches of Bournemouth. Fordingbridge also provides everything residents need, with many restaurants, shops and services available.

Connect with Nature at Oakwood Grove, Alderholt

Pennyfarthing Homes is bringing 16 two and three-bedroom bungalows to Oakwood Grove, with reservations already underway. In addition to this, one bungalow is currently a beautifully designed show home, which is now available for prospective residents to view and experience the ideal blend of comfort and elegance.

Nearby to Whitsbury Green in leafy Alderholt, Oakwood Grove has just launched and is an exciting new community, which comprises a range of high-quality and energy-efficient new homes. What's more, residents at Oakwood Grove will be able to embrace nature, as Pennyfarthing Homes is creating a designated SANG (Suitable Alternative Natural Greenspace) nearby to the development, which will consist of woodland paths, a pond and natural habitats.

Become Part of a Charming Community at Potters Wood, Verwood

Three exclusive bungalows have recently been launched in a new phase at Potters Wood, Pennyfarthing Homes' flagship new development, to meet high demand in the area.

Potters Wood presents a range of stunning and bespoke homes, ranging from two to four-bedrooms in size. High-quality and contemporary, the homes are built in either a traditional red-brick style, or benefit from stylish cladding or rendering. Potters Wood is also situated in the town of Verwood, which benefits from having a real sense of community. At its centre is Ferrets Green, a popular meeting spot with a parade of shops and local services.

Sheetal Smith, Sales & Marketing Director at Pennyfarthing Homes, comments: “We're thrilled to introduce the charm of single-storey living across our developments, with a special spotlight on bungalows. These outstanding one-level homes are designed to appeal to a diverse range of buyers, and we're proud to prioritise them in response to the growing market pressure. It's an exciting step forward, and we can't wait for prospective buyers to experience the convenience and style these homes offer.”

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https://www.estateagenttoday.co.uk/features/2024/11/where-have-all-the-bungalows-gone/

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Notes to Editors

Pennyfarthing Homes, based in New Milton, Hampshire, is a family-owned business with over 40 years of housebuilding experience. Building homes of the highest standards with innovative style, quality and outstanding craftsmanship, the company has won a multitude of awards over this time. Find out more:
www.pennyfarthinghomes.co.uk.

PR Contact: Pennyfarthinghomespr@oraclepr.co.uk

Or call Viv Onslow or Freya Martyniak: 020 8394 2821