ES News email The latest headlines in your inbox twice a day Monday - Friday plus breaking news updates Enter your email address Continue Please enter an email address Email address is invalid Fill out this field Email address is invalid You already have an account. Please log in Register with your social account or click here to log in I would like to receive lunchtime headlines Monday - Friday plus breaking news alerts, by email Update newsletter preferences

A parking space near Hyde Park has gone on the market for a record-breaking £300,000.

The open-air spot measures 11ft x 21ft and is located in Hyde Park Gardens. It is now being offered for sale, with a 91-year lease.

This makes it nearly twice as much as the average house sold in England and Wales last month. Matthew Abernethy, of estate agent Kay & Co, sold two parking spaces nearby last year for £250,000 each.

He said: “The fact that people will pay more than the price of a small flat for the privilege of their own parking space is indicative of the desirability of parking in Westminster.”