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£55,000 Parking Space

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4:07pm 28th August 2012
(Updated 4:07pm 28th August 2012)

Driven to distraction.

Locals in St Ives are forking out thousands of pounds on parking spaces.

One has just been sold on Tregenna Hill, with an asking price of £55,000

That is more than double the average wage.

Estate Agent Paul Le Bas says it sold within two weeks:

"Parking is in such short demand in the area and obviously the town's population almost quadruples overnight during the summer season that a lot of these spaces get snapped up and then used for two or three weeks. There has been a bit of a fight for it, but it's lovely to think that it's actually a local person who's buying it.

"Some find it a bit of a laugh, a bit of a joke. Some are obviously upset about it. There's a mixture throughout the whole town.

"They are local people selling at the same time. So, they've realised that they've got an asset there, thinking 'well, we want to retire' or 'perhaps we can realise some money out of that' and they put it forward onto the market"

Paul would not be drawn on how much the final offer for the space was.

4:07pm 28th August 2012

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