Town and Country VIEW Hereford | Worcester

2013 2 MARKET UPDATE

A MIXED YEAR IN UK PROPERTY

It’s been a year of conflicting fortunes in the UK property market. Both economic and political factors have been at play and, depending on the location and the price bracket, some quite different trends are emerging. They include strong price growth in the higher reaches of the prime property market in and around London, and a drop in sales and value among homes affected by this year’s change in stamp duty rates.

Any review of 2012 needs to start with a look at the broader economic picture. Disappointing news towards the end of 2012 saw the IMF dramatically downgrade its forecasts for the UK and predict that the economy would shrink by 0.4%. This was offset, though, by IMF expectations of 1.1% growth for 2013. Any sense of optimism has remained cautious, however, and this is being reflected in both the current performance of the UK residential market and its outlook for the year ahead.

London v. the rest of the UK The 7% stamp duty effect

Data from Nationwide shows that the market as a whole In March 2012, the rate of stamp duty payable on £2m+ is continuing to stall, with average property prices homes rose from 5% to 7%. The effect was dramatic and across the UK falling by 1.4% during the first three immediate. In the months following the Budget, Knight quarters of 2012. For homes up to £2m, the average Frank’s Residential Review recorded a fall of 20% in the drop was far greater at 4.3%. number of transactions involving prime London properties costing being £2m and £10m. This also Central London, though, is still bucking trends and precipitated a significant drop in the price of homes setting new records month on month. Over the same worth between £2m and £3m, with an average fall of period, prime properties in the capital have seen rises 7%. Such a drop in activity and values will have of around 10% as demand remains particularly strong in inevitably impacted stamp duty receipts, raising the the city’s most exclusive neighbourhoods. A key and question of how many new property taxes can be continuing factor in that growth is the influx of introduced before any net gain for the Treasury is international buyers who see the city as a safe haven wiped out. for their capital. The prime markets outside London are facing more The consensus seems to challenges and we have seen drops approaching 5% in the rest of and Wales, and slightly smaller falls be that this mixed bag at around 3% in Scotland. Yet even outside London some hotspots are bucking the downward trend. Prices of news will prevail for in and around Oxford, for example, are up 2.3% on the some time to come; year, while prices around Guildford have risen 2%. And country homes in the £4m+ bracket have seen there is likely to be sustained growth. These rises are partly fuelled by the little change in the UK increase in buyers from London who are looking to take advantage of record high prices by selling and moving housing market until to the country. confidence in the economic recovery improves. MARKET UPDATE 3

The demise of the ‘mansion tax’ Our country 2012 was also the year when the mooted mansion tax was roundly rejected by the Chancellor. Originally a Lib department Dem proposal, this policy would have seen owners of properties worth more than £2m paying an annual 1% levy. George Osborne’s view is that such a tax would drive enterprise and investment abroad, as it is Knight Frank’s Country Department works with believed to have done in France. Hot on the heels of the our regional offices to sell prime country property rise in stamp duty, it could also have had a dramatic throughout the whole of the UK. Based at our effect on the market at £2m to £5m level. What seems global headquarters on Baker Street in London, certain is that, with the mansion tax now off the table, the team is 32 strong and is the largest Country the ongoing debate about ‘taxing the wealthy’ is Department of all the national agents. destined to go off in a new direction. Our approach, advice and guidance come from Activity in the housebuilding and the housing market, extensive experience, gained over many years or rather the lack of it, has also been high on the and we pride ourselves on giving the highest political agenda this year. The Lib Dems, for example, standard of service. This is part of what makes floated a plan to stimulate a sluggish market that Knight Frank different and ensures our clients involved using parents’ pension pots to secure want to use us again. mortgage deals for their children, but this received a As the residential market becomes increasingly lukewarm reception. Labour, meanwhile, proposed global, international exposure is paramount. using the receipts from the 4G mobile sale to re-introduce With 244 offices across 43 countries, we have a the stamp duty holiday for first-time buyers and to build truly global reach and receive interest from a 100,000 affordable homes. The debates on the best wide range of buyers. way forward continue to rage and definitive plans have yet to be announced. In 2011, Knight Frank sold property to 65 different nationalities of buyers. The fact that we build relationships with each of our clients and The UK rental market applicants means that, whether they come from Chiswick or China, we will always source the best 2012 saw small but sustained rises in average UK rents, possible match from our ever-growing pool of with Wales and the South East leading the way (LSL potential purchasers. In fact, last year 37.4% of Property Services). In London, though, rents were on a country sales sold without any advertising. modest downward trajectory during 2012. Although Knight Frank doesn’t just sell property – our rents have fallen 2.3% over the year, demand remains experts advise on all aspects of the sector, from healthy, with the number of new tenancies up 18% by planning and development to restoration and the third quarter. estate management. Many who buy or sell their property through us come back for advice on anything from purchasing a property abroad, to Looking ahead how they might be affected by a proposed development, or how to secure the best It’s clear that the overall picture is of falling prices and mortgage. reducing levels of activity. A few areas are bucking the trend – notably the best London neighbourhoods and prime country homes – but they feel very much the exception rather than the rule. And even these properties are being affected to some degree by the stamp duty increase. The consensus seems to be that this mixed bag of news will prevail for some time to come; there is likely to be little change in the UK housing market until confidence in the economic recovery improves.

Rupert Sweeting Head of Country Department 4 MARKET SENTIMENT

MAKING SENSE OF MARKET SENTIMENT

Confidence, or the lack of it, has become a frequent topic of discussion in recent years, whether in relation to the economy as a whole or the property market in particular. Since it was launched in 2009, Knight Frank/Markit’s House Price Sentiment Index (HPSI) has been charting levels of household confidence and using it to predict future house price trends. What’s striking is how accurately that sentiment then translates into market data, so it can be a valuable tool for those considering a move or monitoring the performance of their property or region.

HOW THE HPSI WORKS Based on the opinions of 1,500 18-64 year olds across the UK, the HPSI gives a view on current household confidence rather than historic evidence from transactions or mortgage activity. Any figure below 50 indicates that perceived prices are falling, and over 50 that they are rising.

The overall picture The story from region to region

When taking the UK as a whole, the HPSI has been on Perhaps the most surprising news from recent surveys a resolutely downward trend; heralding falls in house has been London’s first dip into negative territory. prices every month for the past two and a half years. Household sentiment recorded a perceived fall in Taking the October 2012 findings as a benchmark, property prices, scoring 49.5. every region came in at under 50, with the average at 45. The outlook for house prices also fell sharply The biggest falls were recorded in the North West (40.5) towards the end of 2012, but rallied to a modest overall and East Midlands (40.5), compared to the South East rise predicted for the next 12 months. Only three of the and the which were two of the few 11 regions were expecting prices to rise in the coming regions with a gentle trend upwards. The South East year. reached 49.1 in October, the highest it had been since May, and West Midlands scored 45. it’s a measure of the Scotland’s year was mainly about growing confidence and its HPSI figure in October stood at 49. Wales, by lack of confidence contrast, finished on 41.9 after registering marked dips that even London and and rises in confidence throughout 2012. the South East have The region of Yorkshire and the Humber and also the North East saw sharp swings in confidence over the downgraded their third quarter of 2012, but ended with figures towards the middle of the UK-wide spread at 43.4 and 44.8 expected price increases respectively. to the lowest HPSI since Overall, it is a state of flux, with confidence moving the start of the year. from negative to positive and back again in the space of a few months. This reflects the general state of uncertainty that is prevailing in the UK and also internationally, of course, but it is interesting to see how householders are feeling when they look ahead. It is only then that we start to see a more coherent trend emerging. MARKET SENTIMENT 5

The outlook The influencing factors

We also asked householders to give us their predictions It seems that falling prices or, at best, slowing growth for property prices over the coming year. The ‘future have been the order of the year across the country. As HPSI’ as it’s called saw a net decrease in October. expected, the continuing run of bad economic news has impacted confidence in both current house prices and Towards the end of 2012, earlier optimism had started their prospects for 2013. Poor forecasts from the ebbing away in the 11 regions across the UK. Only three International Monetary Fund and worries about the recorded expectations for house price rises in the third fiscal austerity plans are two of the factors that have quarter, compared to six regions in the first half of the clearly shaped the way the HPSI has performed. And it’s year. Around 24% of households anticipated a rise in a measure of the lack of confidence that even London the value of their home over the next 12 months, while and the South East have downgraded their expected 23% expected a fall. This represented a month-on-month price increases to the lowest HPSI since the start of fall from 53.5 to 50.5, the sharpest drop in this index for the year. a year.

In another shift, London (59.8) has been overtaken by the South East (60.8) in terms of predicted growth – this is the first time this has happened since 2010. Households in both regions are expecting a healthy rise in prices over the next year, but the future HPSI reading for London has dropped back into negative territory (49.5) after spending most of 2012 above 50.

The only other region expecting price rises was the West Midlands – it’s reading of 53.2 in October was the highest for a year.

At the other end of the scale, the least optimistic region was the North West. Following on from monthly falls throughout 2012, the October figure was 42.1.

In the East Midlands, meanwhile, it was more of a mixed year, with the figure swinging from a high of 55.7 in April to a low of 44.5 in October. 6 01432 273087 | [email protected] | www.knightfrank.co.uk/hereford

Herefordshire

LOCAL UPDATE

Where do our buyers The name ‘Hereford Office’ is somewhat misleading as we cover from come from? Shrewsbury in the north to Chepstow in the south and International 8% encompassing a host of market towns such as Ludlow, Bromyard, Regional 20% Leominster, , Ross, , Abergavenny and Usk. London/South East 72% Despite this geographical spread there are similar attributes throughout which are attractive to potential buyers. Charming towns and villages, good schooling, pretty countryside, excellent communications, world renowned fishing, food and literary festivals, we cover it all. Sales by price band Not surprisingly we have buyers yearning to move here, especially under £750k 43% from London and the South East who see better value for money with £750k to £1.5m 34% a higher quality of life. Indeed we currently have 860 registered buyers in this office alone looking for properties between £750,000 £1.5m to £3m 23% and £1,500,000 (nationwide this rises to and incredible 27,621), With central London still booming (as colleagues in our offices love to remind us) we have quantities of buyers looking for a home for their cash and, with 75% of our sold houses going to London or south eastern buyers, we clearly help satisfy this demand.

THE TEAM

Office Head Antony Clay [email protected] T +44 (0)1432 273087 Jonathan Bengough – Partner Charles Probert – Senior Negotiator [email protected] [email protected] T +44 (0)1432 273087 T +44 (0)1432 273087

As new properties come on to the market and existing ones fall into a correctly priced bracket, there will be enough stock to satisfy the pent- up demand so 2013 should prove to be a sound year for the residential property market throughout Great Britain and not just London. 01432 273087 | [email protected] HEREFORD SALES 7

Hillcot Barn HOPE MANSELL, ROSS-ON-WYE

Wonderful secluded setting Stunning conversion of a period barn, contemporary styled, versatile accommodation. Open plan living/dining/ kitchen, beamed sitting room, family room, utility, cloakroom and shower, 2 bedrooms, ground floor bathroom, drawing room, master bedroom suite with luxury en suite bathroom, guest bedroom suite with en suite bathroom, landscaped gardens with stunning views. Guide price: £725,000

Sleaves Oak WOOLHOPE, HEREFORDSHIRE

Provençal style With some of the finest views in Herefordshire. Hall, open-plan kitchen/ living/dining room, sitting room, back kitchen, utility, 3 bedrooms, studio, gardens, garaging, paddock, woodland. In all about 10 acres Guide price: £795,000 8 HEREFORD SALES 01432 273087 | [email protected]

Llwynhelig House COWBRIDGE, VALE OF GLAMORGAN

Handsome period building One of Cowbridge’s finest houses. Dining hall, sitting room, drawing room, study, inner hall, kitchen, utility, cloaks, cellar, 4 principal bedrooms, dressing room, 2 bathrooms (1 en suite), 2 shower rooms (1 en suite). Adjoining annexe with hall, living room/kitchen, 2 bedrooms, bathroom, garage block with flat above, mature gardens, swimming pool, paddock. In all about 5.6 acres Guide price: £1,050,000

Trereece House LLANGARRON, ROSS-ON-WYE

Beautifully restored Country living at its finest. 5 reception rooms all with fine period features, superb bespoke kitchen, breakfast room and informal dining room, 5 bedrooms, 3 bathrooms, impressive stone garage block & store, idyllic rural setting. In all about 6.14 acres Guide price: £1,175,000 01432 273087 | [email protected] HEREFORD SALES 9

Waundwrgi NR NARBETH PEMBROKESHIRE

Traditional farmhouse Grade II Listed Pembrokeshire farmhouse. Dining room, drawing room, sitting room, study, kitchen, cloaks, 4 main bedrooms, 2 shower rooms (1 en suite), bathroom, annexe, 3 bedroom barn conversion, traditional and modern outbuildings, lake and pond, woodland, paddocks. In all about 96 acres Guide price: £850,000

Old Court LLANGATTOCK LINGOED, MONMOUTHSHIRE

Grade ll Listed Slightly tired late medieval manor house. Hall, sitting room, dining room, drawing room, kitchen, study, utility, store, 4 bedrooms, bathroom, shower room, unconverted loft, 3 substantial stone barns (1 attached), modern farm buildings, gardens & pastureland. In all about 26 ½ acres Guide price: £895,000 10 HEREFORD SALES 01432 273087 | [email protected]

Lydhart House NR MONMOUTH, MONMOUTHSHIRE

Period country house Sitting at the end of a tree lined avenue, an exceptionally fine Grade II Listed house. Reception and inner halls, drawing room, dining room, study, kitchen/ breakfast room, lower ground floor with laundry, store rooms, large games room, cloaks, wine cellar, 5 bedrooms, dressing room, 4 bathrooms (2 en suite), WC (en suite), coach house/cottage, garaging, dairy, extensive store rooms, mature gardens and grounds, paddocks, long carriage driveway. In all about 19.8 acres Guide price: £1,650,000

Cagebrook House EATON BISHOP, HEREFORD

Handsome country house A handsome Listed Grade II house surrounded by its own gardens and grounds. Reception hall, 3 reception rooms, study, garden room, kitchen, offices, cellars, 4 first floor bedrooms, 3 bathrooms (2 en suite). Second floor with 5 bedrooms, 2 further bathrooms, playroom, kitchen. Annexe with 2 reception rooms, kitchen, 3 bedrooms. Coach house with 2 bedroom flat, stables, garaging and workshop, outbuildings, swimming pool, gardens with small lake, paddocks, woodland. In all about 34 acres Guide price: £1,750,000 01432 273087 | [email protected] HEREFORD SALES 11

Uplands CHEPSTOW, MONMOUTHSHIRE

Handsome country house Uplands dates back to the mid 1800s. Hall, drawing room, dining room, sitting room, study, kitchen, utility room, cellar, 5 bedrooms, 4 bathrooms (2 en suite), coach house with garaging workshops and studio flat, stabling, mature gardens, paddocks. In all about 7 ½ acres. Guide price: £1,250,000

Mill House WHITEBROOK, MONMOUTHSHIRE

Stunning and immaculate Situated in the famous Whitebrook Valley. Hall, drawing room, dining room, kitchen, breakfast/sitting room, conservatory, pantry, laundry, master bedroom with dressing room and wet room en suite, guest bedroom with en suite shower, 3 further bedrooms, large family bathroom, gardens and ponds, former mill, woodlands. In all about 3.4 acres Guide price: £1,400,000 12 HEREFORD SALES 01432 273087 | [email protected]

Parkside Farmhouse ALBRIGHTON, SHROPSHIRE

A traditional farmhouse A striking farmhouse with a beautiful garden. Hall, drawing room, kitchen/breakfast room, sitting room, utility room, study/office, conservatory, cellar, 6 bedrooms, 4 bathrooms, additional outbuilding including garaging, workshop and stables, glorious garden and small paddock. In all about ¾ of an acre Guide price: £495,000

Holm House WILLERSLEY, HEREFORDSHIRE

Seclusion and salmon A charming small Georgian house in a glorious rural location. Entrance lobby, entrance hall, cloakroom, sitting room, kitchen, spacious dining room, secondary lobby, gallery landing, 3 bedrooms, 2 bathrooms. Guide price: £350,000 01432 273087 | [email protected] HEREFORD SALES 13

Swinfield HEREFORD

Victorian town house Situated in an enviable position overlooking the Pool and Cantilupe Gardens. Entrance hall, drawing room, sitting room, dining room, kitchen, breakfast room, cloakroom, 5 bedrooms, study/bedroom 6, 3 bathrooms, playroom/ cellar, workshop. Guide price: £465,000

Knowle House LLANWARNE, HEREFORDSHIRE

Substantial family home Standing in an elevated position overlooking its beautiful gardens and grounds. Hall, drawing room, dining room, sitting room, study, kitchen/breakfast room, utility, 4 bedrooms, 3 bathrooms, indoor heated swimming pool, spa and stream room, extensive gardens and grounds with lake, stable block, double garage. In all about 2 acres Guide price: £810,000 14 HEREFORD SALES 01432 273087 | [email protected]

Peterstow Court PETERSTOW, HEREFORDSHIRE

Highly individual A unique Art Nouveau country house. Drawing room, sitting room, dining room, garden room, conservatory, kitchen/breakfast room, utility, cloakroom, 5 bedrooms, dressing room, 2 bathrooms, outbuildings and stabling, mature garden, swimming pool, paddock. In all about 4.87 acres Guide price: £750,000

Hayes Manor LYDNEY

Magnificent views A 16th century Grade II Listed manor house. 4 bedrooms, 2 bathrooms, kitchen/breakfast room, drawing room, dining room, scullery, cellar, detached 2 storey stone barn, summer house, gardens. In all about 1.3 acres Guide price: £750,000 01432 273087 | [email protected] HEREFORD SALES 15

Walls Hills Farm THORNBURY, BROMYARD

A wonderful house Situated in an outstanding setting with a fabulous holiday barn. Hall, study, sitting room, kitchen/breakfast room, drawing room/dining room, utility room, 4 bedrooms, 2 bathrooms. Exceptional barn conversion with 6 double bedrooms, magnificent hall and living room and kitchen on the first floor enjoying the stunning views of the surrounding countryside. Additional outbuildings, including garage, workshop, stable and barn manege. In all about 17.4 acres Guide price: £1,300,000

St Johns Point House WESTBURY-ON-SEVERN

A modern country house Designed by a local architect and occupying a glorious elevated setting. Reception hall, drawing room, sitting room, kitchen/breakfast room, conservatories, 5 bedrooms, 4 bathrooms, study, utility, detached 5 car garage block with gym and steam room, self contained 2 bedroom apartment, gardens and grounds. In all about 3 acres Guide price: £1,175,000 16 HEREFORD SALES 01432 273087 | [email protected]

Seed Farm House MALVERN,

Historic moated farmhouse Listed farmhouse. 3 reception rooms, 5 to 7 bedrooms, 3 bathrooms, garden, land, outbuildings. In all about 5 acres Guide price: £1,150,000

the Great Hoggins ST. BRIAVELS, LYDNEY

Handsome stone farmhouse Sits well within its own grounds with mature walled gardens to the front, outbuildings to the rear and extensive paddocks beyond. 3 reception rooms, 5 bedrooms, 3 bathrooms, garden, land, outbuildings, stabling, private parking. In all about 23.7 acres Guide price: £925,000 01432 273087 | [email protected] HEREFORD SALES 17

Cromer Farm , GLOUCESTERSHIRE

17th century farmhouse with equestrian setup A perfectly situated and immaculately presented Grade II Listed farmhouse. The house and beautiful gardens sit in the middle of 42 acres of pasture and paddocks with duck ponds, orchard, woodland and stable yard. 3 reception rooms, 5 bedrooms, 4 bathrooms, garden, land, outbuildings, swimming pool, equestrian, freehold. In all about 42 acres Guide price: £2,000,000 18 HEREFORD SOLD 01432 273087 | [email protected]

Hope End House Coddington Vineyard WELLINGTON HEATH, LEDBURY Guide price: £2,300,000 CODDINGTON, LEDBURY Guide price: £1,200,000

SOLD SOLD

Charlton Marsh Court GOODRICH, HEREFORDSHIRE Guide price: £825,000 BRIDGE SOLLARS, HEREFORD Guide price: £699,000

SOLD SOLD

Coity Mawr Treberron Farmhouse TALYBONT-ON-USK, BRECON Guide price: £1,200,000 TRETIRE, ST. OWENS CROSS Guide price: £650,000

SOLD SOLD 01432 273087 | [email protected] HEREFORD SOLD 19

Playley Green Farm Flaxley Mill PLAYLEY GREEN, REDMARLEY Guide price: £1,175,000 MITCHELLDEAN, GLOUCESTERSHIRE Guide price: £995,000

SOLD SOLD

The Old Court House Noverings Farm GOODRICH, ROSS-ON-WYE Guide price: £620,000 BOSBURY, LEDBURY Guide price: £1,300,000

SOLD SOLD

Deerhaven Glaslyn House WORMSLEY, HEREFORDSHIRE Guide price: £1,500,000 LLANWRTHWL, LLANDRINDOD WELLS Guide price: £995,000

SOLD SOLD 20 WORCESTERSHIRE 01905 723438 | [email protected] | www.knightfrank.co.uk/worcester

WORCESTERshire

LOCAL UPDATE Age of our buyers 30s 2% 40s 44% Worcestershire continues to be a popular destination for national 50s 36% buyers looking for a rural and convenient location. It benefits from 60s 16% excellent road, rail and airport links making the South East and Home 70+ 2% Counties readily reachable, and the capital just 90 minutes away. With first-rate schools in the area too, the family looking for the accessible, rural and affordable lifestyle will find it in Worcestershire; and for a lot less than in the nearby and Oxfordshire.

By the end of 2012, we saw strong activity in the Worcestershire What do our applicants market. There was an increase of 34% in properties sold compared to want to spend? the year before, a 37% increase in offers made, and a 49% increase under £500k 21% in offers accepted. £500k to £750k 45% Looking to 2013, we have some very good instructions that we have £750 to £1m 18% launched to the market and will continue to through to early Spring. £1m to £1.5m 10% We anticipate the supply of good homes to be at a lower level, £1.5m to £3m 4% creating strong demand for the very desirable homes. Competitive bidding took place during 2012, and we expect buyers will continue over £3m 2% to do so in order to secure their perfect home in 2013.

THE TEAM

Office Head Will Kerton – Partner [email protected] T +44 (0)1905 746883 George Pickard – Associate Peter Edwards – Partner [email protected] Country House Department T +44 (0)1905 746885 [email protected] T +44 (0)20 7861 1707

The hotspots of Worcestershire are being sought by National and London buyers. The sale of an average London home can fund the purchase of an impressive Worcestershire home. Shelley Stephenson – Associate James Prewett – Associate [email protected] [email protected] T +44 (0)1905 746887 T +44 (0)7917 052662 01905 723438 | [email protected] WORCESTER SALES 21

Well Furlong , WORCESTERSHIRE

Exceptional privacy in the Cotswolds Impressive edge of Cotswold compact country estate with stunning views to Hill. Reception hall, 4 reception rooms, study, kitchen/breakfast room, atrium, cellar, 5 bedrooms, 5 bathrooms, 2 bedroom annexe, indoor swimming pool and spa, garaging, long driveway, beautiful well-maintained gardens and grounds, tennis court, far-reaching views. Available as a whole or in 2 lots. In all about 82 acres Guide price: £2,500,000 22 WORCESTER SALES 01905 723438 | [email protected]

Brockhampton House NEAR BROMYARD, HEREFORDSHIRE/WORCESTERSHIRE BORDERS

Panoramic views A fine Grade II* Listed Georgian country house in a magnificent rural setting with outstanding views. 6 reception rooms, 11 bedrooms, 7 bathrooms, additional family and staff accommodation, garaging, outbuildings, stabling, greenhouses and lodge. Leasehold – 109 years National Trust lease remaining. Surrounded by 1,700 acres of National Trust land. In all about 8 acres Guide price: £3,000,000

Endon Hall NEAR , WORCESTERSHIRE

Beautiful and immaculate Georgian manor house with fabulous far-reaching views to Bredon and Broadway hills. 4 reception rooms, kitchen, conservatory, cellar, 7 bedrooms, 3 bathrooms, secondary cottage accommodation, landscaped gardens, paddocks, outbuildings, tennis court, stabling. In all about 23.55 acres Guide price: £2,500,000 01905 723438 | [email protected] WORCESTER SALES 23

Tyre Hill House , WORCESTERSHIRE

Country estate with views of the Beautifully positioned within its own grounds at the head of a long drive. 4 reception rooms, study, cellars, 7 bedrooms, 4 bathrooms, indoor swimming pool, 3 bedroom lodge, garaging, stabling and storage barns, well-maintained gardens and grounds, orchard, tennis court, paddocks, parkland, distant views. In all about 74 acres Guide price: £2,600,000 24 WORCESTER SALES 01905 723438 | [email protected]

Alfrick Court , WORCESTERSHIRE

A fine equestrian home A fine Grade II Listed Georgian house with extensive outbuildings in beautiful gardens and grounds. 3 reception rooms, cellars, 6 bedrooms, 3 bathrooms, coach house with 3 bedrooms, Victorian stables with ancillary accommodation, traditional outbuildings, manège, beautiful gardens, swimming pool, lake and paddocks. In all about 8.99 acres Guide price: £1,950,000

Stepple Hall NEAR , WORCESTERSHIRE

Unspoilt rural England A fine country house with distant views over the Worcestershire/Shropshire landscape. 6 reception rooms, cellar, 5 bedroom suites, 5 further bedrooms, family bathroom, various outbuildings, mature gardens with ponds and prize-winning vegetable garden, pastureland, productive orchard, native bluebell woodland, ample parking and long private drive. In all about 10.13 acres Guide price: £1,450,000 01905 723438 | [email protected] WORCESTER SALES 25

Orleton House TEME VALLEY, WORCESTERSHIRE

Peace and quiet in the Teme Valley A fine period country house with extensive accommodation and stunning gardens. Hall, 4 reception rooms, cellars, 9 bedrooms, 5 bath/shower rooms, secondary 4 bedroom house, staff/guest flat, extensive outbuildings, garaging, greenhouse and stores, stable block and manège, agricultural storage barn, outdoor heated swimming pool, outstanding landscaped grounds with a brook, copse and paddocks. In all about 9.15 acres Guide price: £2,650,000 26 WORCESTER SALES 01905 723438 | [email protected]

Soddington Hall , WORCESTERSHIRE

Georgian elegance An impressive and important Grade II Listed house with exceptional views. 4 reception rooms, kitchen, garden room, billiards room, 8 bedrooms, 5 bath/shower rooms, stables, tennis court, beautiful garden. In all about 16.3 acres Guide price: £1,750,000

The Old Rectory ROUS LENCH, WORCESTERSHIRE

Restored rectory A handsome country residence that has been beautifully restored with grand proportions throughout. 4 reception rooms, wine store, 6 bedrooms, 3 bathrooms, veranda, garage, outbuildings, delightful gardens and grounds with splendid rural views towards the Malvern Hills. In all about 1.26 acres Guide price: £1,650,000 01905 723438 | [email protected] WORCESTER SALES 27

The Old Vicarage NEAR CLEOBURY MORTIMER, WORCESTERSHIRE

An idyllic setting An immaculately presented Georgian Grade II Listed family home amidst the rolling farmland surrounds of the River Rea valley. 4 reception rooms, cellar, 6 bedrooms, 5 bathrooms, library, 2 storage rooms, coach house, extensive outbuildings, walled kitchen garden, tennis court/basketball court, formal gardens, 2 stream fed ponds, paddock. In all about 3.83 acres Guide price: £1,750,000

Fockbury House DODFORD, WORCESTERSHIRE

Victorian grandeur A fine family home enjoying a rural situation whilst being extremely convenient. 3 reception rooms, 9 bedrooms, 4 bath/shower rooms, garden room, various outbuildings, cellars, gardens and grounds, garaging, ancillary barn accommodation. In all about 1.37 acres Guide price: £1,200,000 28 WORCESTER SALES 01905 723438 | [email protected]

The Old Vicarage CLENT, WORCESTERSHIRE

At the heart of the village A handsome Grade II Listed house in a popular North Worcestershire conservation village. 4 reception rooms, 8 bedrooms, 3 bathrooms, garden, wildlife pool, triple garage with playroom above, parking, paddocks. In all about 3.46 acres Guide price: £1,185,000

Manor Farm HOLBEROW GREEN, WORCESTERSHIRE

A beautiful country estate A fine farmhouse and detached cottage of considerable character in open countryside. 3 reception rooms, 4 double bedrooms, 2 bathrooms, 2 bedroom cottage, mature landscaped garden, moated island, garages, stables, outbuildings including 3 bay livestock building and 5 bay Dutch barn, paddock, manège. In all about 13 acres Guide price: £1,175,000 01905 723438 | [email protected] WORCESTER SALES 29

Lower Gurnox Farm Crowfields Farm -ON-TEME, WORCESTERSHIRE DODFORD, WORCESTERSHIRE

Georgian farmhouse with modern barns and buildings Essential family living with equestrian facilities 3 reception rooms, 4 bedrooms, 2 bathrooms, garaging, 3 reception rooms, 4 bedrooms, 2 bathrooms, media walled garden, traditional barn, modern farmyard with room, swimming pool, gardens and grounds, stabling, 11 barns, land with established grass leys, woodland, manège, garaging, ancillary accommodation. stream. In all about 9.79 acres In all about 61.28 acres Guide price: £1,150,000 Guide price: £1,100,000

The Cottage Heanor NEAR BARNT GREEN, WORCESTERSHIRE THE LICKEY HILLS, WORCESTERSHIRE

A fine family home set within superb mature gardens A country home with breathtaking views 4 main reception rooms, 6 bedrooms, 3 bathrooms, 4 reception rooms, 5 bedrooms, 3 bathrooms, dressing integral double garage, machinery store/garage, room, 2 attic rooms, double garage, loggia, terrace, delightful well-maintained gardens. landscaped gardens, land. In all around 0.90 acre In all about 6.74 acres Additional 1.7 acres available by separate negotiation Guide price: £1,000,000 Guide price: £1,050,000 30 WORCESTER SALES 01905 723438 | [email protected]

Dunhampstead House Home Barn DUNHAMPSTEAD, WORCESTERSHIRE SALE GREEN, WORCESTERSHIRE

Period farmhouse with secondary accommodation Magnificent barn conversion in glorious countryside 5 reception rooms, cellars, 7 bedrooms, 2 dressing rooms, Reception room, 4 bedrooms, 3 bathrooms, office, 4 bathrooms, detached triple garage, separate 1 bedroom quadruple garage, large modern barn, stabling, coach house, garage, garden, outbuildings and sheds. paddocks, orchard, separate 2 bedroom cottage. In all about 7.63 acres In all about 7.84 acres Guide price: £1,100,000 Guide price: £995,000

The Croft The Manor House CLENT, WORCESTERSHIRE HOPTON WAFERS, WORCESTERSHIRE

A distinctive family residence A picturesque village location 3 reception rooms, 5 bedrooms, 3 bathrooms, study, 3 reception rooms, rear hall, cellar, 8 bedrooms, 4 car garaging, gravel driveway, parking, large garden. 5 bathrooms, potential annexe, double garage, stables, workshop, garden stores, summer house, greenhouse, In all about 1.01 acres gardens, spinney. Guide price: £875,000 In all about 1.7 acres Guide price: £835,000 01905 723438 | [email protected] WORCESTER SALES 31

Manor Farmhouse Moreton Grange NEAR , GLOUCESTERSHIRE , GLOUCESTERSHIRE

A stunning Grade II Listed former farmhouse A beautifully converted Grade II Listed barn 2 reception rooms, kitchen/breakfast/family room, study, 3 reception rooms, kitchen, utility, cloakroom, cloakroom, 5 bedrooms, 3 bathrooms, garage, swimming 5/6 bedrooms, 4 bathrooms, garden room, garaging, pool, paddock, garden. workshop, garden. In all about 2 acres In all about 1.6 acres Guide price: £1,250,000 Guide price: £950,000

Twigworth Court Gold Hills Farm TWIGWORTH, GLOUCESTERSHIRE BOSBURY, HEREFORDSHIRE

A Grade II Listed Georgian home A picturesque Herefordshire farm with enormous potential 3 reception rooms, kitchen/breakfast room, study, A Grade II Listed 17th century farmhouse in an idyllic conservatory, garden room, cloakroom, 7 bedrooms, setting and a courtyard of 19th century brick barns and 3 bath/shower rooms, self-contained annexe, garaging, outbuildings with enormous potential for conversion, studio, gardens, paddocks. with magnificent views. In all about 145 acres In all about 30 acres Guide price: £1,800,000 Guide price: £1,600,000 32 WORCESTER SOLD 01905 723438 | [email protected]

Park Farm Colliers Hill NEAR MALVERN, WORCESTERSHIRE Guide price: £995,000 NEAR CLEOBURY MORTIMER Guide price: £995,000

SOLD SOLD

Warren Hill Annesley House STOURTON, STAFFORDSHIRE Guide price: £1,500,000 CITY, WORCESTER PRIVATE SALE

SOLD SOLD

White Lodge Loen BEVERE, WORCESTER Guide price: £1,175,000 NEAR , WORCESTERSHIRE Guide price: £1,395,000

SOLD SOLD 01905 723438 | [email protected] WORCESTER SOLD 33

Rhydd Gardens Lower House Farm , WORCESTERSHIRE Guide price: £995,000 CHADDESLEY CORBETT, WORCS Guide price: £1,125,000

SOLD SOLD

Hooze Farm Home Farm ELDERSFIELD, GLOUCESTERSHIRE Guide price: £1,600,000 HANLEY SWAN, WORCESTERSHIRE Guide price: £1,475,000

SOLD SOLD

Woodhall Farm Windrush House , WORCESTERSHIRE Guide price: £2,600,000 BREDON, WORCESTERSHIRE Guide price: £1,295,000

SOLD SOLD 34 RESIDENTIAL SERVICES

WHY KNIGHT FRANK?

Whether you are buying a beautiful house as a home, or want to invest in a portfolio of rental properties, we can help.

We put clients at the heart of what we do and our service levels are driven by our clients’ needs. As a result we have created an environment that nurtures the best people in the business and genuinely allows us to give the best advice – the sort of advice you’d give your family. What can be a life-changing process for many people – buying, selling, renting, or letting a property – is handled with care, discretion, service, and professionalism at all times.

Below is an overview of our specialist teams and how they can help. If you can’t find what you are looking for here, please visit: KnightFrank.com/Residential

Buying and selling residential property Renting, letting and managing residential property • Finding a property to buy • Financing your purchase • Finding a property to rent • Property search and acquisition • Arranging a tenancy • Services for international buyers • Rental property for corporates • Investing in property portfolios • Relocation services • Valuations • Valuations • Services for landlords Property in Central London please contact • Letting your property Noel Flint on +44 (0)20 7861 5020 • Relocation services • Property management UK property outside of London please contact • Lettings management Nick van Zeller on +44 (0)1488 682 726 For more information on renting, letting and property management with Knight UK farms and estates please contact Frank please contact Tim Hyatt on Clive Hopkins on +44 (0)20 7861 1064 +44 (0)20 7861 5044 or visit KnightFrank.co.uk/Lettings Property outside of the UK please contact Paddy Dring on +44 (0)20 7861 1061 Consulting and property research Knight Frank’s property search service contact Philip Selway on +44 (0)20 7591 2647 Our world-class research team ensures that we lead the field in understanding the key For more information about financing drivers of the residential property market. and mortgage options with Knight Frank This means that we price and market Finance, please contact Simon Gammon on property to deliver a sale or rental in the +44 (0)20 7268 2581 or visit most effective way. KnightFrankFinance.co.uk • Valuations • Rural consultancy New homes and development • Country house consultancy • Renewables and sustainability • New Homes • Rural consultancy • Residential Development • Property research

For more information about our To find out more about Knight Frank’s residential development team please contact consultancy services contact David Peters Stephan Miles-Brown on on +44 (0)20 7861 1067 +44 (0)20 7861 5403 RESIDENTIAL SERVICES 35

DIRECTORY

Global Headquarters International Department Country Department

+44 (0)20 7629 8171 +44 (0)20 7629 8171 +44 (0)20 7629 8171 55 Baker Street [email protected] [email protected] London, W1U 8AN

Country Sales Offices Exeter Sherborne Fulham South Kensington +44 (0)1392 848853 +44 (0)1935 812236 +44 (0)20 7751 2400 +44 (0)20 7871 4111 * Ascot [email protected] [email protected] [email protected] [email protected] +44 (0)1344 624732 [email protected] Guildford Stratford-upon-Avon Hampstead St John’s Wood +44 (0)1483 565171 +44 (0)1789 297735 +44 (0)20 7431 8686 +44 (0)20 7586 2777 Basingstoke [email protected] [email protected] [email protected] [email protected] +44 (0)1256 350600 [email protected] Harrogate Sutton Coldfield Hyde Park Wandsworth (Sales only) +44 (0)1423 535377 +44 (0)121 3627878 +44 (0)20 7861 5522 +44 (0)20 8682 7777 Bath [email protected] suttoncoldfi[email protected] [email protected] [email protected] +44 (0)1225 325999 [email protected] Haslemere Tunbridge Wells Islington Wapping & City +44 (0)1428 770560 +44 (0)1892 772943 +44 (0)20 3657 7340 +44 (0)20 7480 6848 Beaconsfield [email protected] [email protected] [email protected] [email protected] +44 (0)1494 675368 beaconsfi[email protected] Henley-on-Thames* Virginia Water Kensington Wimbledon +44 (0)1491 844900 +44 (0)1344 840020 +44 (0)20 7938 4311 +44 (0)20 8946 0026 Berkhamsted [email protected] virginiawater@knightfrank [email protected] [email protected] +44 (0)1442 861610 [email protected] Hereford Winchester Knightsbridge +44 (0)1432 273087 +44 (0)1962 850333 +44 (0)20 7591 8600 Ireland Bristol [email protected] [email protected] [email protected] +44 (0)117 317 1999 Dublin [email protected] +353 (0)1 662 3255 Horsham Worcester Marylebone [email protected] +44 (0)1403 339180 +44 (0)1905 723438 +44 (0)20 7483 8349 Cheltenham [email protected] [email protected] [email protected] +44 (0)1242 246959 International [email protected] Hungerford Mayfair London Sales & Lettings For a full listing of our +44 (0)1488 682726 +44 (0)20 7499 1012 international offices please Cirencester [email protected] [email protected] +44 (0)1285 659771 Battersea visit KnightFrank.com [email protected] +44 (0)20 3597 7670 Lauder [email protected] Notting Hill +44 (0)1578 722814 +44 (0)20 7229 0229 * Cobham [email protected] [email protected] +44 (0)1932 591600 Belgravia [email protected] +44 (0)20 7881 7722 Oxford [email protected] Richmond (Sales only) +44 (0)1865 790077 +44 (0)20 8939 2800 Edinburgh [email protected] [email protected] +44 (0)131 222 9600 Canary Wharf & Royal Docks [email protected] +44 (0)20 7512 9955 Sevenoaks [email protected] Riverside +44 (0)1732 744477 +44 (0)20 7590 2450 * Esher [email protected] [email protected] +44 (0)1372 464496 Chelsea [email protected] +44 (0)20 7349 4300 [email protected] *Also offers a lettings service

Important Notice 1. Particulars: These particulars are not an offer or contract, obtained. A buyer or lessee must find out by inspection or in Our registered office is 55 Baker Street, London, W1U 8AN, nor part of one. You should not rely on statements by Knight other ways that these matters have been properly dealt with where you may look at a list of members’ names. This report Frank LLP in the particulars or by word of mouth or in writing and that all information is correct. is published for general information only and not to be (‘information’) as being factually accurate about the relied upon in any way. property, its condition or its value. Neither Knight Frank LLP 4. VAT: The VAT position relating to the property (where nor any joint agent has any authority to make any applicable) may change without notice. Although high standards have been used in the preparation representations about the property, and accordingly any of the information, analysis, views and projections 5. Details: Whilst every effort has been made to ensure the information given is entirely without responsibility on the presented in this report, no responsibility or liability accuracy of the information contained in this publication, part of the agents, seller(s) or lessor(s). whatsoever can be accepted by Knight Frank LLP for any the publisher cannot accept responsibility for any errors it loss or damage resultant from any use of, reliance on or 2. Photos etc: The photographs show only certain parts may contain. All rights reserved. No part of this publication reference to the contents of this document. As a general of the property as they appeared at the time they were may be reproduced, stored in a retrieval system, or report, this material does not necessarily represent the view taken. Areas, measurements and distances given are transmitted in any form or by any means, electronic, of Knight Frank LLP in relation to particular properties or approximate only. Any computer generated images (CGI) mechanical, photocopying, recording or otherwise, without projects. Reproduction of this report in whole or in part is are indicative only. prior permission of Knight Frank LLP, 55 Baker Street, not allowed without prior written approval of Knight Frank to London W1U 8AN. the form and content within which it appears. 3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary Knight Frank LLP is a limited liability partnership registered planning, building regulations or other consent has been in England with registered number OC305934.