A guide to Grade Listed Buildings

What does it mean to be grade listed?

It means the building has historical significance. The building can be a dwelling, church, monument or any structure of significant historical importance that is man-made. 

It may not be demolished, extended or altered without permission from the local authorities. They will consult with the relevant central government agency, especially if interested in making significant alterations to the more notable listed buildings.

Buildings are put on the Statutory List of Buildings of Special Architectural or Historic Interest. There are approx. 500,000 listed buildings in the UK.

How many "grades" are there?

There are 3 grades. According to British Listed Buildings (.co.uk):

"Grade I buildings are of exceptional interest, sometimes considered to be internationally important. Just 2.5% of listed buildings are Grade I.

Grade II* buildings are particularly important buildings of more than special interest. 5.5% of listed buildings are Grade II*.

Grade II buildings are nationally important and of special interest. 92% of all listed buildings are in this class and it is the most likely grade of listing for a private residential building."

Royal Albert Hall - Grade I

What are the pros and cons of owning a Grade listed building?

Pros

-Have opportunity to live in/own a property with historical significance and learn about the history attached to the land and building.

-If well taken care of, the property will most likely increase in value.

-Most of the lands the building are situated on are some of the most beautiful areas.

Cons

-Responsibility to repair and maintain the property falls on the owner, which can get pricey.
-The owner can face criminal prosecution if repairs are not completed properly or are unauthorized.
-Owner may not have access to whole property if some areas are publicly accessible.
-If there are tours available for property, then will have general public in areas of the home at certain times of day and year.