New Delhi, Aug. 16 -- After living for 3 years at Adelaide Cottage, the Prince and Princess of Wales are preparing to move to a new home with their family. According to The Sun, Princess Kate and Prince William, along with their 3 kids, Prince George, Princess Charlotte, and Prince Louis, are shifting to a forest lodge. It is an 8-bedroom Georgian mansion which is situated in Windsor Great Park, Berkshire

Kensington Palace confirmed the news to PEOPLE, saying, "The Wales family will move house later this year."

This Grade II-listed property is valued at around £5.5 million ($7 million). This property is currently going under a £1.5 million ($1.9 million) restoration project. The main aim is to preserve the historic features of...