Opinions please! Asking for reduction.

[HRR107]

Hi All,

I recently posted regarding a boundary/title plan issue. The long and the short of it is that it has transpired in the conveyancing process that the house we are purchasing basically has a shared access driveway with the neighbour directly next to the property. We only became aware of this further down the line and the property otherwise ticks all of our boxes and we have decided to continue with the purchase.

We now would like to ask for a reduction because of this. It will devalue the property in future when we decide to sell and we have also lost part of the driveway due to another issue with the tittle plan that has since been updated.

We are looking at asking for a 2.5% reduction of the property price. Is this a reasonable ask or are we reaching a bit far?

It's a difficult one because it's not really a directly quantifiable cost. If the boiler was knackered and it cost £3k to replace it, you can give quotes and ask for a reduction, but with something like this you're only going on a potential future devaluation that you can't prove.
That said , there's no harm in asking but if the house is otherwise perfect and the process is going well, I'd be inclined to not delay because that costs too...

Why would it devalue the property in the future? Lots of properties have shared access driveways (ours included) When we put ours on the market that was reflected in the price. Did the vendors not tell you that the property had shared access over the driveway with next door? If you knew that it did when you viewed it would you still have offered on it?