"Dozen homes rocket in value after the ones in front of them collapse into the sea"

From The Daily Mail:

It could be Britain's most profitable property collapse after a dozen houses, once worth over £6million, finally crept towards destruction after of one of the wettest years on record.

Residents on the other side of the road who originally did not have a sea view or direct access to the cliff tops in Sidmouth, Devon, are delighted that the crumbling coastline finally gave way.

John Badford, 62, who has owned 2 Cliff Road in the resort for 35 years is the street's second longest-standing resident. He says a pair of massive landslips in the space of a few weeks decimated the houses blocking his view - and he hopes that the erosion will now stop.

Sidmouth is part of the UNESCO Jurassic Coast World Heritage Site, which is important for its sequence of Triassic, Jurassic and Cretaceous rocks. And the landslides which have hit the cliffs there look set to provide owners of the surviving houses with significant windfall gains.

Mr Badford said: "Our houses are now much more sellable and mortgageable. The people who own them are laughing all the way to the bank. I was inspired to buy this sort of house after seeing the first Superman film. So, thanks for the hot tip, Lex Luthor!"