Park Place

Britain’s most expensive home sold for £140 million

Homes

Britain’s most expensive home has been sold to a Russian billionaire for a record £140 million.

The buyer of Park Place, who has not been identified, purchased the 300-year-old Grade II-listed property, in the village of Remenham, near Henley-on-Thames, Oxon.

According to The Telegraph, the record sale includes about 200 acres of the parklands, listed monuments, house, cottages, stables and a boat house.

The £140 million sale price makes it Britain’s most expensive house, surpassing the previous £136 million record sale price at One Hyde Park, Knightsbridge, central London, earlier this year.

Park Place, which boasts an incredible 30,000 square feet of living space and is set on 570 acres, was bought for £42 million in 2007 by Mike Spink, a developer who specialises in upmarket properties.

The developer has spent millions of pounds on extensive renovations of the property, which had a decaying exterior and was run down. He is also developing a second 300-acre phase of the estate, which is not part of the sale.

The main house dates back to the early 18th century and was once owned by Frederick, Prince of Wales and eldest son of George II, and was substantially rebuilt in the late 1800s.

Its rooms still feature the original huge stone fireplaces and stained glass windows. The ghost of Mary Blandy, who was accused of poisoning her father in 1752, is said to haunt the grounds.

The property, which was used until 1998 as a boarding school, also has two golf courses, a boathouse on the Thames and a stable block. It was recently used in the remake of the film St. Trinian’s.

Lana Galea View Comments

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  • http://www.northernairplumbing.com/contact.html Nisswa MN Plumbing

    Only 140 million? :)

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