
30 years ago, in 1986, the £8m Abingdon marina was beginning to take shape. According to the Herald, water was gushing into the marina basin off Wilsham Road, in preparation for the first phase of up-market homes on the seven-acre site.

If I remember rightly the marina did not all get built in one go. A second phase was delayed after the boom of house prices in the 1980s was followed by a slump in the 1990s as interest rates went up dramatically to curb inflation. Base rate went from 7.5% in May 1988 to 15% in Oct 1989.
Rates have been at 0.5% since 2009, something we could never have imagined back in those days of inflation.








