The Villa at Park Place
Britain's most expensive house sold to a Russian for $140 million
2004 - 2011 © ADMS Publishing Group, LLC, All Rights Reserved 
Sign up for our E-Newsletter
HOME TRENDS
| By Linda Chappetiere
Built in 1719, the villa at Park Place has transferred hands many times throughout its past,
most notably to Frederick, Prince of Wales (1738). Each of the home’s succeeding wealthy
owners improved upon the property, leading to what is today listed as a historic site in
Berkshire, England. Throughout its lengthy history, Park Place has primarily been used as a
secondary residence for its owners, until 1949, when it was sold to the city. The home was
used as a boarding school until its return to private ownership in 1989. Few people have been
inside since then.
The Park Place property includes the 30,000 square foot main house, three additional houses,
two golf courses, a boat house, stables, eighteen cottages, and even underground
passageways. Located just outside the British village of Remenham, it is surrounded by rolling
green hills, ornamental lakes, and a river; leaving little to be desired by its guests.
In 2007, a developer named Mike Spink purchased the property and 500 acres surrounding,
and has spent the past five years developing both the interior and exterior. Spink Property
specializes in renovations and restoration of historic upscale property, incorporating both
traditional and modern finishes. Spink originally purchased the home for around 65 million
dollars—then the highest home sale in England (outside of London). Reports at the time of the
sale were that the house was in disarray, and had not been properly maintained for several
years.
Earlier this year, Spink completed renovation of the estate, and listed it again for sale. Park
Place and 200 acres of its property were quickly purchased by an unidentified Russian man, for
over 140 million dollars. The sale marks the highest price tag for home ever to be sold in
Britain.
Spink Property still holds 300 acres of nearby landscape, and plans to commence restoration
of a nearby mansion this year.
For additional photos of the property, please visit
