UK street with £38,000 house and £2.3 million home and only one of them has sold

It was likened to Keeping Up With The Joneses – yet this impressive mansion next door to its humble terraced neighbour is struggling to sell two years on.

Having starred on Channel 4’s ‘I Own Britain’s Best Home’ and won several awards, Tindale Towers in County Durham is not your average abode.

With five bedrooms, 10 bathrooms and its own self-cleaning windows, the home went on the market for £2.3m in 2020 – weeks after the modest neighbouring terrace was also listed for just £38k.

But two years on, the Art Deco mansion has seen its price tag reduced with the owners even attempting to raffle it off, despite the neighbours selling up nearly 18 months ago.

The two-up-two-down end-of-terrace on Dilks Street, Bishop Auckland, sold in April 2021 for £30k, according to property site Zoopla.

Meanwhile, Tindale Towers’ price was lowered in June 2021 down to £2.24m, but is still on the market more than a year on.

Owners Mike and Jules Keen built the luxury home in 2007 after buying an adjoining plot of land next to their bungalow.

The couple, who own their own furniture business, tried to sell the home in 2016 for £3.65m, but took it off the market after it failed to sell.

The lowered and reduced again price tag however is still nearly 10 times more than the neighbouring terraces combined – and 18 times the £128,000 average value of local homes.

“We’re still paying the bills but we’ve needed the money for a while,” Mike told The Mirror at the time, who claimed he was feeling “skint”.

“It’s a beautiful house, it gives the town a good image.”

In November, the couple revealed they were hosting a raffle for the home at just £25 a ticket.

As well as its generous number of bedrooms, Tindale Towers boasts a bar, pool, steam room, badminton court and a six-car garage.

Jerusalem Stone paves the entire interior which is warmed by underfloor heating, while the home also has unique features such as a tanning shower, a lift to all floors and impressive spiral staircase topped with a glass dome.

The mansion would also appeal to the eco-conscious, as it includes its own wind turbine.

Named after the Keens’ furniture company, Tindale Towers was originally inspired by beach villas in Florida and France and has been described by agents as an “iconic” family home built “without thought to cost”. You can view the listing here.

Purplebricks, who are selling the house, writes “the property combines luxury and space with an environmentally friendly footprint” adding that it has won “several awards for design and sustainability”.