A note found in the chimney of a couple's house revealed that the house was 100 times cheaper 50 years ago.

The previous owner purchased the five-bedroom house while making 65p an hour.

March 1st 2023.

A note found in the chimney of a couple's house revealed that the house was 100 times cheaper 50 years ago.


(Image Source: https://metro.co.uk)

A couple who purchased a house for £292,000 four years ago discovered a 50-year-old letter in the fireplace which revealed the property once cost just 1% of the price they paid for it. The note, which was written by the previous owner, Mr. E.C. Pearce, stated that he bought the five-bedroom home in Devizes, Wiltshire in 1971 for £3,000 and was making mortgage payments of £5.50 per week along with £80 in solicitor's fees. Mr. Pearce mentioned that his job only paid 65p per hour, but he was able to purchase the house nonetheless. The letter, dated November 21, 1971, reads: "To who may be interested. This fireplace was bricked up by me on September 1971. I have just bought this house on mortgage for £3000 with a deposit of £300 and repayments of £5.50 per week + £80 solicitors fees. My wage at present is 65p per hour and I go to a Sunday market to make a few bob extra, aged 37 years. Hope you find this interesting. E.C. Pearce." Kathryn Stutely, 49, and her partner Neil were carrying out extensive renovations on the house when they found the note, and were delighted to find that someone else had left their own note in the house half a century before.



(Image Source: https://metro.co.uk)

A couple recently discovered a 50-year-old note in the fireplace of their home which revealed it had previously been bought for only 1% of the price they paid for it. The document, dated November 1971, outlined that the five-bedroom property in Devizes, Wiltshire had been purchased with a mortgage of £3,000 and a deposit of £300 with payments of £5.50 a week. E.C. Pearce, the previous owner, had written the letter despite his job only paying 65p an hour and the solicitors fees amounting to £80. The note read: 'To who may be interested. This fireplace was bricked up by me on September 1971. I have just bought this house on mortgage for £3000 with a deposit of £300 and repayments of £5.50 per week + £80 solicitors fees. My wage at present is 65p per hour and I go to a Sunday market to make a few bob extra, aged 37 years.' E.C. Pearce signed off his letter with 'Hope you find this interesting.'

(Image Source: https://metro.co.uk)

Kathryn and Neil, the current owners, thought it was 'lovely' that someone else had been leaving notes around the house and decided to continue the tradition with their own notes as they carried out renovations.



(Image Source: https://metro.co.uk)

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