If a house shows just how overpriced the UK market is in comparison to the US, it is Frank Lloyd Wright’s Kenneth Laurent House in Rockford, Illinois, which is up for auction this month.
More on that price later, but let’s look at the detail. The house was built between 1949 and 1952, a one-storey house for a wheelchair-bound war veteran covering around 2,500 square metres and sat in a plot of 1.3 acres. it became the template for further Frank Lloyd Wright houses throughout the 1950s.
To be honest, words only get you so far with this property. You really need to see the images, of which are there are plenty at the auction house site. That price? The estimate is between $500,000 – $700,000, which works out at around £320,000 – £448,000. If this place was in the UK, you could probably triple that price – and more. The auction date is 15 December — via WowHaus