It’s no wonder the South Hams has such great appeal; it has stunning countryside, charming villages, unrivalled coastline, proximity to Dartmoor National Park, easy access via road and rail and, most importantly, an eclectic mix of property of all periods, so ensuring a diverse population and economic viability.

Historically a strong farming and fishing region, the evolving 20th century changed the scene entirely here with increased road access turning into one of the busiest tourist areas of the county, indeed the country. Whilst the farming and fishing still plays a vital part, tourism has inevitably become the principal business of the region. As this has developed, so has the property market, attracting many moving from London and other cities. This was accentuated by the 2020 Covid pandemic when life altered entirely with ‘work from home’ becoming both acceptable and lifestyle changing.

Inevitably the evolving wealth of the area has driven property values to a level compatible with London and the South East and this has had an effect on affordability for local residents and their ability to get on the housing ladder. It’s a double-edged sword as the building trades have grown with the high demand for new homes and improvements and the resulting higher values have created an almost two tier economy, bringing differences that are difficult to resolve.

The positive effect of having a stronger regional economy on the property market is that many period houses are being restored, ensuring continuity of the character and vernacular of the area. These sit alongside eco-friendly, sustainable new build properties, creating a new ‘street scene’, so 21st century Devon looks very different from the early 20th century farming and fishing village scene.

Since the Second World War the property market has, in my mind, underpinned the economy of the country. As the typically English mantra of owning one’s own home evolved it has generated its own industry. It is the one significant cost of any family as they buy a first property and then grow to larger ones over the years. On average people buy four properties in a lifetime as life evolves. Whilst costs have increased, so have values, indirectly generating greater tax receipts for the country.

The South Hams, being in South Devon, enjoys one of the warmest climates in the UK, hence the strong farming element, the warmer seas for fishing and now the great appeal for the tourist market. A haven in a troubled world that will sustain.

Taking pleasure in restoring an old house, building a new contemporary home or simply improving an existing one is a pleasure, ensuring stability and security in a family home. ‘It’s all about coming home.’

Nigel Bishop is a property search consultant at Recoco. recoco.co.uk