Lincolnshire.

[Shadow Man]

Can anybody explain to me why Lincolnshire property is considerably cheap?

[bednobs]

because no one wants to live there and it's not near anything?

[buildersmate]

Exactly - simple law of supply versus demand

[Ethel]

Low wages too.

[Buenchico]

I'm not sure about Ethel's reasoning regarding low wages. Here in Suffolk we have some of the lowest wages in the country but plenty of areas where house prices are very high. (A simple beach hut, in Southwold, sold for �90,000 this week!) ;-)

House prices tend to be high in those areas which are within commuting range of major centres of employment (particularly London). Lincolnshire isn't really close to anywhere.

Prices are also high around areas of outstanding natural beauty. Lincolnshire is largely drab and flat, with hardly a tree in sight. The coast doesn't have the natural beauty of counties like Devon or Cornwall, or the man-made delights of coastal cities like Brighton.

Lincolnshire's economy has historically depended upon the agriculture. The mechanisation of the industry means that there are now very few employment opportunities within agriculture. In some counties (e.g. Suffolk) jobs in agriculture have been replaced by jobs in service industries (e.g, insurance) but Lincolnshire is too far from the capital for major firms to consider relocating there. (Employers relocating can boost house prices in some areas. e.g. house prices in Sheffield shot up when the Manpower Services Commission relocated from London. Lincolnshire can't attract many major employers).

Chris

[dot.hawkes]

well it is such a big agricultural county as opposed to industrial or commercial that the jobs are low paid or you have to travel miles on straight flat roads to get anywhere. that's what i think anyhow

[dot.hawkes]

oh soz I didn;t see the other answers! mine was just a common sense guess. :)

[Myriad2112]

Because they're all carrot crunchers

[bigmamma]

It is flat , and miles from a major city , and rather cold and windy , the housing is cheaper than southern areas .
How do I know that's true .....I live there . :-)

http://en.wikipedia.org/wiki/Lincolnshire

[amonty1144]

Correct me if I'm wrong.
Low wages
few amenities
not a lot of jobs
damn cold in winter
lots of people think it a bit drab