A ROAD in Ascot has been crowned one of the most expensive in the country with the average house fetching close to an eye-watering £4m.

Buyers looking to settle down in Fishers Wood need to find £3,762,000 on average, with one six bed mansion fetching £5.6m in 2015.

According to a report published by Lloyds Banking, the road is the 17th most expensive in England and Wales.

All of the top entries are in the South East or Greater London, with Grosvenor Crescent in Westminster scooping the coveted top spot with an average asking price just shy of £17m.

Andrew Mason, mortgage products director at Lloyds Bank said: “The prime London boroughs of Westminster and Kensington and Chelsea continue to reign supreme with Britain’s most expensive streets. Six addresses in the two boroughs come with a price tag of over £10 million with the top two over £16 million.

“As expected, addresses in London and the South East top the list of most expensive places to live, our research shows that all other regions have at least one £1 million street.

“Away from London, the survey shows that the most expensive streets are tightly clustered within Cheshire, Yorkshire and the Humber and Sandbanks in Dorset on the south coast.”