YOU could own a six-bedroom house valued at over £1 million for the price of a £5 raffle ticket.

Tim Page, who owns Orleton House, on the Herefordshire border with Shropshire has started the competition with his house as the top prize.

He hopes that the money made will also help two charities who are struggling due to the Covid-19 lockdown.

Mr Page bought Orleton House in 2018 and has spent the last two years renovating the property.

The whole property, consisting of the main house, and large barn suitable for renovation into further properties (subject to planning permission) has been independently valued at £1.1 million.

The property includes a one acre of gardens and a tennis court.

“I was born and bred in the Black Country and I want to give this property to a normal, hard working person,” said Mr Page.

“I could see the house and put it on the market, but I want somebody to have that chance.”

Mr Page bought the property after moving back to the UK after 25 years living in America working in the events software business.

With his children moving out the family are now looking to move into a smaller home.

With an interest in the luxury raffles market Mr Page decided to take a first step by putting his house as the prize.

The competition closes for entries on April 30, at 12pm and will be drawn on May 7.

The winner will be chosen at random from the list of entries by an independent party monitored by legal professionals.

A minimum 170,000 entry packages are required to be purchased at an average purchase price of £10 to achieve the target figure and for the property transfer to take place.

If the target figure is achieved prior to the closing date, the promoters will donate 50 per cent of additional NET ticket receipts to charity partners in addition to an initial £100,000 donation from the raffle proceeds. There is no upper limit to the charitable donation.

If the target figure is not hit a cash prize will be offered instead.

There is also a monthly cash prize draw to encourage people to share information of the draw.

The charities which will profit are the Birmingham Children's Hospital Charity and The Beacon Centre for the Blind.

“I was looking into a more novel way of doing things and was interested by the luxury raffles which has had a big upsurge,” added Mr Page.

“I didn't want to use a home of a third party so put up the prize myself. Firstly it's important for myself to make enough to pay for the house.

"Secondly to help these charities as so many people in the area rely on these charities.

"A lot of people rely on the Beacon Centre for their day to day living and it is in trouble." For more information visit: www.granddraw.co.uk