From Cottage Woes to Newbuild Bliss: Why I Traded Charm for £347,500 Modern Living
In this instalment of What I Own, we meet Lorraine Boreham, a 61-year-old who made a bold move from a historic cottage to a contemporary newbuild. Her story highlights the practical realities of homeownership and the appeal of modern living.
A Fresh Start in Haverhill
Lorraine Boreham, who works in hospitality and lives with her two golden labradors, Lola and Luna, recently embarked on a significant property journey. After living in an 18th-century cottage in Norfolk, she decided it was time for a change. The charming cottage, while visually pleasing, proved to be high-maintenance, with frequent breakdowns and costly repairs. As a single person, Lorraine found the upkeep draining both financially and emotionally.
She moved back to Haverhill in Suffolk, where she grew up, purchasing a three-bedroom semi-detached newbuild for £347,500 in December 2024. Using proceeds from the sale of her cottage and some inheritance, she avoided a mortgage entirely, securing her financial future. "It's been a fresh, much-needed new chapter for me," she says.
The Allure of Modern Efficiency
One of the primary drivers for Lorraine's move was the desire to escape the relentless maintenance of an older property. Her cottage was constantly damp and cold, costing over £200 monthly just for heating. In contrast, her new home at Redrow's The Parklands development offers modern insulation, smart meters, and an efficient layout. She now pays under £400 per month for all bills and council tax, roughly half the cost of her previous home.
"My new home is like a little cosy refuge," Lorraine explains. "I can heat the house in minutes, and it stays warm. The insulation and efficiency have made a massive difference to my monthly outgoings." The property blends Arts and Crafts style exteriors with contemporary features, providing a mix of old-world charm and modern convenience.
Community and Connection
Living in a newbuild community has brought social benefits. Lorraine notes that everyone moved in around the same time, fostering a friendly atmosphere and making it easier to meet neighbours. Haverhill's location offers easy access to Cambridge, Bury, and Newmarket, adding to its appeal. Being close to family and friends, including her nine grandchildren, was a key factor in her decision to return to her hometown.
"Growing up in Haverhill, I have most of my family and closest friends nearby," she says. "Moving back felt like coming full circle." She even plays golf at a course her parents frequented, adding a sentimental touch to her new life.
Making a House a Home
Lorraine has personalised her space with a decor theme centred on love, incorporating hearts and faux plants to create a warm, cosy environment. Her colour palette of black, white, creams, and neutrals, along with candles and soft throws, enhances the homely feel. She describes her lounge as a sanctuary, where she curls up with her dogs.
With high ceilings and ample room, the property feels spacious despite being a technical downsize from her cottage. Future plans include transforming the garden into an outdoor living area with a firepit and pergola. "This is my forever home," Lorraine declares, though she dreams of a small place abroad one day.
Lessons in Homebuying
Having owned six properties, three of them independently, Lorraine offers advice to prospective buyers: "Go with your heart. Know your non-negotiables, be willing to compromise on minor things, and when you find the right place, you'll feel it." Her experience underscores the importance of balancing emotional attachment with practical considerations like maintenance costs and energy efficiency.
Lorraine's journey from a needy cottage to a modern newbuild illustrates a growing trend among homeowners seeking hassle-free living. Her story resonates with those prioritising comfort, community, and financial stability in their property choices.
