In reply to Rog Wilko:
I can imagine your outrage, Lord Smythe and similar who picked a bargain second home in Grasmere for a bargain price of £795k(using his annual bonus), which they visit twice a year, could easily see at least 5% knocked off its value.
Just accept Grasmere is for certain folk, those who only walk 1/2km in a £500 waterproof, coach trips to tea rooms etc..let them have the development, and leave the rest of the places alone.