A parking space has been put on the market for a staggering £350,000 - almost twice the price of the average UK home.
Measuring just 19.5ft x 8ft and with 88 years left on the lease, the space is up for grabs on a road behind Hyde Park Gardens, where flats can sell for more than £10million.
The cost of the space is nearly double the £188,270 average house price in England and Wales but below the £514,270 figure in London.
A space previously sold in the capital for £400,000 but was in a secure, underground car park and was big enough for two vehicles.
Selling the exclusive spot, Knight Frank Estate Agents describe it as 'ideally located', with good transport links and 'perfectly positioned for the arrival of Crossrail'.
An online sales blurb for the new sale reads: 'A rare opportunity to purchase a private parking space for one car, located behind the prestigious Hyde Park Gardens and ideally located for the transport links of the M1 and March Arch underground line).
'This open air space measures approximately 19.5ft and 8ft and is held on a private lease with approximately 88 years remaining.
'Hyde Park Gardens is located opposite Hyde Park and is W2's premier address. Hyde Park Gardens is perfectly positioned for the arrival of Crossrail in 2018.'
For £350,000, buyers could bag a four-bed detached home in Newcastle, a three-bed semi-detached house in Manchester or a two-bed flat in London.
In 2011 an underground parking space near Harrods was put on the market for £200,000.
And it's not just city car parking spaces which sell for huge figures - three spots in St. Ives, Cornwall sold in 2012 for a combined £160,000.
The space that could cost more than the car you'd park there: A brand new Aston Martin V8 Vantage could set you back the price it costs for the space to park it in, in Hyde Park
In 2013, a parking space also in Hyde Park went on the market for a staggering £350,000.
In 2014, a space big enough for two vehicles was sold for £400,000 at an underground car park next to the Royal Albert Hall in Kensington.
Later that year, eight parking spaces in Mayfair were advertised for £2.25million.