local View THE COTSWOLDS - STOW-ON-THE-WOLD • 2014 WELCOME TO LOCAL VIEW WHERE DO OUR BUYERS COME FROM? MEET THE TEAM
Welcome to our first edition of Local View, a seasonal update on the property markets that matter to Rupert Wakley you. Along with a brief review of activity in Stow-on-the-Wold, we have also included a preview of just T +44 1451 600610 [email protected] some of the beautiful properties we currently have available. Please contact your local team for more Specialism: Country and village properties information and to find out what other opportunities we can offer. Years at Knight Frank: 9
Stow-on-the-Wold, Moreton-in-Marsh, Chipping Campden Leigh Glazebrook and Burford offer an excellent choice of shopping, pubs and “We truly believe we offer the best local, regional and T +44 1451 600610 restaurants, and Daylesford Organic Farm Shop is only three national coverage with the technology and experience to [email protected] miles from Stow-on-the-Wold. 21% 66% 13% Specialism: Country and village properties expose any property to the widest market. We already have London and South West Rest of the UK a lot of frustrated buyers looking in the Cotswolds, therefore The Cotswolds are well supported by roads including the M40 International Years at Knight Frank: 1 new property to the market will be the key to the early to the south east, A40 and A429 (the Fosse Way) to the south, part of 2014.” along with the M4 and the M5. Mainline rail services run to London Paddington from Charlbury, Kingham and Moreton- Claire Taylor Rupert Wakley SALES BY PRICE BAND in-Marsh (from 90 minutes). There are a great selection of T +44 1451 600610 Office Head state, grammar and private schools to suit most requirements, [email protected] notably Chipping Campden School, The Cotswold School, Specialism: Marketing Years at Knight Frank: 2 Kitebrook, Tudor Hall and the Cheltenham Colleges.
2013 started slowly in the Cotswolds due to the late spring Last year marked the first Knight Frank Day of Giving, a and the uncertainty in the economic climate. The second venture rolled out across all of the Knight Frank offices in the Atty Beor-Roberts six months showed a real turnaround with some of our best UK. Knight Frank chose five charities each with the future of T +44 1285 886690 months since the height of the market in 2007. securing the next generation: LandAid, Kids Company, Mary’s [email protected] Meals, The MPS Society and Barnardo’s. Across the country Specialism: Country houses Last year saw the return of the London buyer, taking 40% 40% 20% Knight Frank raised over £100,000. Years at Knight Frank: 29 advantage of the growth in the capital over previous years Under £750k £750k - £1.5m Over £1.5m and appreciating the differential in country market values. With the new coverage of the Stow-on-the-Wold office and Buyers confidence has returned, but there are signs of a lack the support of 22 individual offices in London, Knight Frank are WHAT ARE OUR BUYERS LOOKING TO SPEND? Rupert Sweeting of supply and this could result in a number of frustrated buyers looking forward to a productive time in the Cotswolds through T +44 20 7861 1078 in 2014. 2014, offering a passionately professional service. [email protected] We have recently opened our new office in Stow-on-the-Wold Specialism: Country houses For your free market appraisal having previously serviced the area from Cirencester, Oxford, Years at Knight Frank: 26 please call +44 1451 600610 Stratford-upon-Avon and Cheltenham. Knight Frank Stow-on-the-Wold Stow-on-the-Wold has an enormous amount to offer a buyer Brett House, Park Street, Peter Edwards being surrounded by some of the prettiest market towns and Stow-on-the-Wold, T +44 20 7861 1707 villages in the Cotswolds with breathtaking countryside. Gloucestershire GL54 1AG [email protected] 44% 28% 28% Specialism: Country houses Under £750k £750k - £1.5m Over £1.5m Years at Knight Frank: 9
2 | Local View Local View | 3 a lifestyle choice
CHEDWORTH GUIDE PRICE TURKDEAN GUIDE PRICE CHEDWORTH GUIDE PRICE SHERBORNE GUIDE PRICE GLOUCESTERSHIRE £1,500,000 GLOUCESTERSHIRE £4,950,000 GLOUCESTERSHIRE £1,295,000 GLOUCESTERSHIRE £875,000
he diverging fortunes of the prime London property market when compared Making the with the country house market is helping to fuel a steady exodus from the T capital to the countryside. For many, the meteoric rise in the value of their move from London home in recent years is providing the perfect springboard to greener pastures.
city to country From Gloucestershire to Buckinghamshire, Sussex to Scotland, buyers are seeing the proceeds of their London sale go further than ever before, with grand country houses proving an irresistible draw. They are being joined by international buyers too, who are discovering the UK’s rural charm and have been leading the bidding on some of the country’s biggest estate sales recently.
The lifestyle benefits are one of the key attractions – the opportunity to swap the constant hum of traffic and a coffee shop on every corner for the sound of cockerels and an orchard in the garden. As well as the idyllic country property and grounds, there’s also the landscape on your doorstep.
Add to this a plethora of good schools, an enviable work-life balance and great food (85 of the UK’s 158 Michelin-starred restaurants are located outside of London), and it’s easy to see why so many purchasers are actively looking for their next home beyond the capital.
Technology improvements including fast, reliable internet means working from home is a viable option. This means that those leaving London can choose to retain their work links with the capital while cutting down on their commuting time and costs. Pick the right location, and you can even find that your train to the office is quicker than commuting from Fulham or Chelsea.
The move to the country can also create new forms of income. Larger properties and more land open up the possibility to do anything from renting out holiday cottages to growing your own vegetables.
Whether you are looking for a country property or are considering selling, good local advice is vital. Here in Stow-on-the-Wold, we find that a great many deals are concluded off market, or depend on buyers being able to move fast to secure the most desirable properties. If this is of interest, our team would be delighted to tell you more.
4 | For your free market appraisal please call +44 1451 600610 or visit KnightFrank.co.uk/stow A SELECTION OF PROPERTIES for sale
3. Northleach 4. Broadwell Gloucestershire Gloucestershire PROPERTIES FOR SALE IN the cotswolds Below we highlight just a small selection of properties currently for sale in the Cotswolds with Knight Frank. Please call to find out about other properties we have available which suit your requirements.
1. Broadwell 2. Chipping Campden 5. Little Rissington 6. Turkdean Gloucestershire Gloucestershire Gloucestershire Gloucestershire
1 A beautiful Grade II* listed 2 Unique Grade II listed former 3 An historic Cotswold stone 4 Picturesque Cotswold farmhouse 5 A private country house sitting 6 A charming Grade II listed Cotswold manor house with mill house in a fantastic house previously run as a with renovation opportunities in 9.4 acres in the heart of the former Rectory with views and superb family and semi-rural position with Bed & Breakfast with a situated in the middle of its own Cotswolds with exceptional far-reaching views and entertaining space. exceptional views. detached cottage. land. EPC rating F. views. EPC rating F. extensive grounds.
ww6 reception rooms ww3 reception rooms ww4 reception rooms ww3/4 reception rooms ww3 reception rooms ww3 reception rooms ww8 bedrooms ww5 bedrooms ww9 bedrooms ww5-9 bedrooms ww5 bedrooms ww6 bedrooms ww5 bathrooms ww3 bathrooms ww7 bathrooms ww2/3 bathrooms ww3 bathrooms ww3 bathrooms wwSecondary accommodation wwKitchen/breakfast room wwKitchen/breakfast room wwDelightful gardens and grounds wwKitchen/breakfast room wwKitchen/breakfast room wwLandscaped gardens and wwBeautiful gardens wwTwo bedroom detached wwTennis court wwAttractive gardens and wwTennis court tennis court wwStabling and garage cottage wwEquestrian facilities tennis court wwPaddock and woodland wwEquestrian facilities wwSummer house wwStable block
In all about 35.23 acres In all about 1.65 acres Approximately 4,574 sq ft In all about 83.4 acres In all about 9.4 acres In all about 2.9 acres
GUIDE PRICE £6,950,000 GUIDE PRICE £1,800,000 GUIDE PRICE £825,000 GUIDE PRICE £3,400,000 OFFERS IN EXCESS OF GUIDE PRICE £2,600,000 £1,600,000
6 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/stow to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call +44 1451 600610 or visit KnightFrank.co.uk/stow | 7 A SELECTION OF PROPERTIES for sale
7. Hampnett 8. Childswickham 11. Long Compton 12. Moreton-in-Marsh Gloucestershire WoRcestershire Warwickshire Gloucestershire
9. Chilson 10. Charlbury 13. Upper Oddington 14. Withington Oxfordshire Oxfordshire Gloucestershire Gloucestershire
7 An immaculately refurbished 8 A charming period village 9 A beautifully presented 10 A Cotswold family house near 11 An impressive and secluded 12 A substantial Cotswold family 13 An elegant Cotswold village 14 A Grade II* listed Cotswold edge of village house with house including a flat sitting Cotswold house in a pretty Charlbury with exceptional edge of village house set in house with views and easy house set in exceptional Rectory with medieval origins stunning Cotswold views. in half an acre of attractive village surrounded by rolling views, studio barn and an acre open countryside with views. access to excellent schooling. gardens. EPC rating E. with extensive gardens and EPC rating E. gardens. EPC rating D. countryside. EPC rating F. of grounds. EPC rating E. EPC rating E. fine views.
ww4 reception rooms ww6 reception rooms ww2 reception rooms ww2 reception rooms ww2 reception rooms ww4 reception rooms ww4 reception rooms ww7 reception rooms ww7 bedrooms ww4/5 bedrooms ww3 bedrooms ww4/5 bedrooms ww6 bedrooms ww5 bedrooms ww5 bedrooms ww6 bedrooms ww6 bathrooms ww3/4 bathrooms wwBathroom wwBathroom ww4 bathrooms ww4 bathrooms ww2 bathrooms ww5 bathrooms wwSecondary accommodation wwIntegral self-contained flat wwWalled garden wwSecondary accommodation wwKitchen/breakfast room wwKitchen/breakfast room wwLandscaped gardens wwSecondary accommodation wwLandscaped gardens and wwAttractive gardens wwOld dairy and car port wwAttractive landscaped gardens wwGuest annexe and grounds wwStables, tennis court and parkland with small lake wwDouble garage wwOutbuildings wwTriple car port wwDouble garage and stabling wwTriple garage and store swimming pool wwOutdoor swimming pool with room above wwWalled garden, lake and tennis court wwTennis court and woodland
In all about 6.08 acres In all about 0.5 acre Approximately 1,442 sq ft In all about 0.89 acre In all about 1 acre In all about 2.8 acres In all about 1.75 acres In all about 6.4 acres
GUIDE PRICE £6,250,000 GUIDE PRICE £1,095,000 GUIDE PRICE £525,000 GUIDE PRICE £900,000 GUIDE PRICE £1,750,000 GUIDE PRICE £1,650,000 GUIDE PRICE £1,500,000 GUIDE PRICE £3,500,000
8 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/stow to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call +44 1451 600610 or visit KnightFrank.co.uk/stow | 9 A SELECTION OF RECENTLY SOLD PROPERTIES
5. Cherington SOLD 6. Great Rissington SOLD GUIDE PRICE GUIDE PRICE Warwickshire £2,000,000 Gloucestershire £1,250,000 PROPERTIES SOLD in the cotswolds Our track record has always set us apart from our competitors and illustrated below is an impressive selection of properties we have recently sold in the Cotswolds.
1. Sherborne SOLD 2. Blockley SOLD 7. Burford SOLD 8. Farmington SOLD GUIDE PRICE GUIDE PRICE GUIDE PRICE GUIDE PRICE Gloucestershire £875,000 Gloucestershire £1,300,000 Oxfordshire £12,000,000 Gloucestershire £2,800,000
3. Clapton-on-the-Hill SOLD 4. Lower Slaughter SOLD 9. Chipping Campden SOLD 10. Sherborne SOLD GUIDE PRICE GUIDE PRICE GUIDE PRICE GUIDE PRICE Gloucestershire £1,300,000 Gloucestershire £1,375,000 Gloucestershire £1,800,000 Gloucestershire £3,500,000
10 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/stow to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call +44 1451 600610 or visit KnightFrank.co.uk/stow | 11 A SELECTION OF RECENTLY SOLD PROPERTIES
11. Honington SOLD 12. Wyck Rissington SOLD 17. Turkdean SOLD 18. Chipping Norton SOLD GUIDE PRICE GUIDE PRICE GUIDE PRICE GUIDE PRICE Warwickshire £695,000 Gloucestershire £2,750,000 Gloucestershire £4,950,000 Oxfordshire £315,000
13. Taynton SOLD 14. Cherington SOLD 19. Chipping Norton SOLD 20. Toddington SOLD GUIDE PRICE GUIDE PRICE GUIDE PRICE GUIDE PRICE Oxfordshire £1,685,000 Warwickshire £1,720,000 Oxfordshire £500,000 Gloucestershire £1,500,000
15. Little Wolford SOLD 16. Long Compton SOLD 21. Weston Subedge SOLD 22. Sutton-under-Brailes SOLD GUIDE PRICE GUIDE PRICE GUIDE PRICE GUIDE PRICE Warwickshire £1,395,000 Warwickshire £500,000 Gloucestershire £1,950,000 Warwickshire £3,000,000
12 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/stow to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call +44 1451 600610 or visit KnightFrank.co.uk/stow | 13 Selling, letting, consulting and research Knight Frank services
$EHUGHHQ Hampstead
Islington St John's Wood
SCOTLAND & HOME COUNTIES Hyde City Park Head Office NORTH ENGLAND Ascot* Notting Hill Marylebone Canary Edinburgh Esher* Wharf Kensington Mayfair Lauder Cobham* (GLQEXUJK South Wapping Coverage Aberdeen† Virginia Water *ODVJRZ Belgravia Global /DXGHU Kensington Glasgow† Haslemere Knightsbridge Chelsea Newcastle upon Tyne† Horsham Battersea Guildford* 1HZFDVWOH XSRQ7\QH Fulham Riverside NORTHERN ENGLAND Tunbridge Wells Richmond Harrogate Sevenoaks London Offices Leeds† Berkhamsted Manchester† Beaconsfield* Wandsworth Sheffield† Henley* Local Milton Keynes† CENTRAL Wimbledon Global Headquarters Cirencester SOUTH WEST 55 Baker Street Cheltenham Hungerford +DUURJDWH London W1U 8AN Reach Oxford Basingstoke /HHGV Worcester Winchester T +44 20 7629 8171 0DQFKHVWHU Hereford Exeter 6KHIILHOG Stratford-upon-Avon Bath Stow-on-the-Wold Bristol Birmingham† Sherborne Cardiff†
%LUPLQJKDP * Indicates offices with both sales and lettings teams 6WUDWIRUGXSRQ$YRQ † Commercial offices :RUFHVWHU 6WRZRQWKH:ROG +HUHIRUG 0LOWRQ.H\QHV 2[IRUG &KHOWHQKDP %HUNKDPVWHG &LUHQFHVWHU %HDFRQVILHOG +HQOH\ $VFRW LONDON &DUGLII %ULVWRO +XQJHUIRUG (VKHU 9LUJLQLD %DWK &REKDP 6HYHQRDNV %DVLQJVWRNH :DWHU *XLOGIRUG 7XQEULGJH :HOOV :LQFKHVWHU +DVOHPHUH +RUVKDP 6KHUERUQH Whether you are buying a beautiful house for personal enjoyment or want to invest in a portfolio of rental properties, we can help. ([HWHU
BUYING AND SELLING RESIDENTIAL RENTING, LETTING AND MANAGING CONSULTING AND PROFESSIONAL SERVICES PROPERTY RESIDENTIAL PROPERTY Our world-class research team ensures that we ww Finding a property to buy ww Finding a property to rent lead the field in understanding the key drivers of ww Financing your purchase ww Arranging a tenancy the residential property market. This means that ww Property search and acquisition ww Rental property for corporates we price and market property to deliver a sale or ww Services for international buyers ww Relocation services rental in the most effective way. ww Investing in property portfolio ww Valuations ww Valuations ww Services for landlords ww Valuations IMPORTANT NOTICE ww Letting your property ww Rural consultancy Property in central London please contact ww Property management ww Country house consultancy 1. Particulars: These particulars are not an offer or contract, 3. Regulations etc: Any reference to alterations to, or use Knight Frank LLP is a limited liability partnership registered in w Noel Flint on +44 20 7861 5020 ww Lettings management w Renewables and sustainability nor part of one. You should not rely on statements by of, any part of the property does not mean that any England with registered number OC305934. Our registered ww Leasehold reform Knight Frank LLP in the particulars or by word of mouth or necessary planning, building regulations or other consent office is 55 Baker Street, London, W1U 8AN, where you may UK property outside of London please contact For more information on renting, letting and ww Property research in writing (‘information’) as being factually accurate about has been obtained. A buyer or lessee must find out by look at a list of members’ names. This report is published David Peters on +44 20 7861 1067 property management with Knight Frank Rupert Sweeting on +44 20 7861 1078 please contact To find out more about Knight Frank’s the property, its condition or its value. Neither Knight inspection or in other ways that these matters have been for general information only and not to be relied upon Frank LLP nor any joint agent has any authority to make properly dealt with and that all information is correct. in any way. Although high standards have been used in UK farms and estates please contact Tim Hyatt on +44 20 7861 5044 consultancy services contact James Thompson on +44 20 7861 1075 any representations about the property, and accordingly the preparation of the information, analysis, views and Clive Hopkins on +44 20 7861 1064 4. VAT: The VAT position relating to the property (where any information given is entirely without responsibility on projections presented in this report, no responsibility or COMMERCIAL PROPERTY SERVICES applicable) may change without notice. Whilst every effort Property outside of the UK please contact the part of the agents, seller(s) or lessor(s). liability whatsoever can be accepted by Knight Frank LLP for NEW HOMES AND RESIDENTIAL has been made to ensure the accuracy of the information Paddy Dring on +44 20 7861 1061 any loss or damage resultant from any use of, reliance on Through our global alliance with US based DEVELOPMENT 2. Photos etc: The photographs show only certain parts contained in this publication, the publisher cannot accept Knight Frank’s property search service contact or reference to the contents of this document. As a general Newmark Grubb Knight Frank, the Commercial of the property as they appeared at the time they were responsibility for any errors it may contain. All rights Philip Selway on +44 20 7591 2647 division of Knight Frank encompasses over For more information about our residential report, this material does not necessarily represent the view taken. Areas, measurements and distances given are reserved. No part of this publication may be reproduced, 370 offices worldwide. development team please contact of Knight Frank LLP in relation to particular properties or For more information about financing and approximate only. Any computer generated images (CGI) stored in a retrieval system, or transmitted in any form Stephan Miles-Brown on +44 20 7861 5403 projects. Reproduction of this report in whole or in part is mortgage options with Knight Frank Finance, are indicative only. or by any means, electronic, mechanical, photocopying, To find out more about Knight Frank’s not allowed without prior written approval of Knight Frank to please contact recording or otherwise, without prior permission of Knight commercial property services contact the form and content within which it appears. Simon Gammon on +44 20 7268 2581 John Snow on +44 20 7861 1190 Frank LLP, 55 Baker Street, London W1U 8AN.
14 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/stow to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call +44 1451 600610 or visit KnightFrank.co.uk/stow | 15 Understanding THE fi nest INVESTMENTS
WE KNOW FARMS AND ESTATES Seeing THE BEST Deals
We understand the diversity of rural estates and the reasons for acquisition and drivers of management. We work with owners to deliver their specifi c objectives.
If you would like to hear more please contact:
James Del Mar Head of Rural Consultancy +44 1488 498 003
Christopher Smith Rural Consultancy and Renewables +44 1179 950 438 KnightFrank.co.uk/rural
Appreciating what’s important
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