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The figures were compiled by Lloyds Bank, which compared average house prices in English and Welsh postal districts with a supermarket with typical property values in the towns around it.

It found that living near any supermarket chain could add around £22,000, while homes near a Waitrose are worth £38,666 or 10 per cent more than those in the surrounding area.

This year’s survey shows a small drop in the Waitrose effect from last year, when Lloyds found the price of a home was £38,831, or 12 per cent, higher than houses further away.

The 2016 study showed properties near a Sainsbury's or a Marks & Spencer command a premium of around £27,000, while those near a Tesco are worth around £22,000 more than homes in the wider area.

Homes near an Asda are worth around £5,000 more than those in surrounding locations, while those near a Lidl have a premium of around £4,000 and properties near an Aldi are valued at around £1,300 higher than homes in the wider area.

Mike Songer, Lloyds Bank mortgage director, said: "Our findings back-up the so-called 'Waitrose effect'. There is definitely a correlation between the price of your home and whether it's close to a major supermarket or not.

"Our figures show that the amount added to the value of your home can be even greater if located next to a brand which is perceived as upmarket.

"Of course, there are many other drivers of house prices beyond having a supermarket on your doorstep, but our research suggests that it is a strong factor."

www.telegraph.co.uk