Where Richard Branson's business empire began: five-bedroom home on Hyde Park estate is selling for a record price

Brexit isn’t bringing down prices on the Hyde Park Estate in W2. A home in Connaught Square has just exchanged at the asking price of £5.95 million, a record for the square in terms of pounds per square foot.

Richard Branson started Student magazine, his first business, in the basement of the 3,671sq ft property in 1968.

The five-bedroom Grade II-listed house with a pretty terrace has a location to die for — with Hyde Park and Oxford Street just around the corner. New residents should brace themselves for the paparazzi, as the Blairs are among near neighbours.