You pay your money and make your choice

THE auctioneering cliché goes something like this. Land is so valuable because they are not making any more of it.

As a result, though, there's now added value to be gleaned from sub-dividing even little plots of land in areas where people really want it.

So it is with suburban houses; their side gardens can now be as valuable as the existing houses on site were just three or four years ago.