The 15ft by 7ft spot offers its potential owner 9.29 square metres of parking — slightly less than usual, according to The AA.

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If bought at the £49,000 asking price, the space would cost more than £5,000 per square metre.

It is about 15 minutes from the centre of St Ives, Cornwall, and described as “a good-sized parking space in a great location”.

The advertisement by estate agents Miller Countrywide for the spot, which boasts white line borders, reads: “It would suit a property owner with limited or no parking or make a great investment

“It is located close to town with easy access.”

It also has the number 13 painted in the centre.

The bay is still a long way off being the most expensive parking spot in the UK.

This was previously revealed to be a 20ft long bay in Knightsbridge in West London, which went on sale for a staggering £350,000.

The plot is located in a part of the capital where one-bed apartments can fetch £5.5million.

For the same figure, buyers could purchase a four-bed family home in Yorkshire.