7. The Lancaster Duchy
Place: Lancaster, United Kingdom
Completed Cost: $797 million * Year: 1351
One of the two royal duchies in the nation, the Duchy of Lancaster, is situated in Lancaster, England, and is slightly less valuable than the Duchy of Cornwall. Nevertheless, at slightly under $800 million in assessed value, it remains expensive.
Peter is Shaw, Duchy of Lancaster 1991—Shutterstock
As an old legacy, the Duchy of Lancaster was established in the middle of the thirteenth century. The duchy was given to Edmund Crouchbank, the son of King Henry III. The territories had previously belonged to Simon de Montfort, the Earl of Leicester, but in the 1200s, he gave them up to the King. Charles III, who was crowned king recently, is now the owner of the duchy.
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