A total of 20 artists and designers have contributed doll’s houses for the show, which also looks at historical and contemporary designs for the houses.
Priestman has created a never-ending party table, while Wood’s design features scaled-down versions of her own furniture.
Dominic Wilcox has created an “offline hideaway” complete with candelabra and a jug of juice, while Donna Wilson has designed a llama’s bedroom.
As well as showcasing the specially designed houses, the Small Stories exhibition will tell the stories of 12 doll’s houses from the past 300 years.
The museum says these exhibits will portray a journey through “the history of the home, everyday lives and changing family relationships”.
Each house will be displayed at a particular time of day and visitors can use buttons alongside the showcases to activate the narration and light up each character as they talk.
Small Stories: At home in a doll’s house, is at the V&A Museum of Childhood, Cambridge Heath Road, London E2, from 13 December 2014-6 September 2015.