Thursday, November 17, 2011

Odd houses

In an interesting article on Straight Statistics, Nigel Hawkes persuasively argues that the finding that odd-numbered houses in the UK are worth an average of £538 more than even-numbered ones really just reflects the premium enjoyed by end-of-terrace properties.

I found myself speculating idly about whether in fact there might be another explanation – perhaps something to do with one of those strange ‘irrational’ biases beloved of behavioural economists?

I have a strange belief that odd-numbered houses are always on the left hand side of the road, & that the left hand side is always the one on the western side (just as up is always north & down is south). And that (apart from #1) even numbers are nicer than odd ones.

Perhaps there is something that makes the people in charge of such things as house-numbering give odd numbers to the more desirable side – perhaps the side which have gardens which are sunny in the afternoon.

According to Singing Banana, you are more likely to have an odd than an even numbered house.