'Knight Frank Local View Sherborne, 2014'
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local View SHERBORNE • 2014 WELCOME TO LOCAL VIEW WHERE DO OUR BUYERS COME FROM? MEET THE TEAM Welcome to the latest edition of Local View, our seasonal update on the property markets that matter Luke Pender-Cudlip to you. Along with a brief review of activity in Sherborne, we have also included a preview of just T +44 1935 812236 [email protected] some of the beautiful properties we currently have available. Please contact your local team for more Specialism: £1m+ sales information and to find out what other opportunities we can offer. Years at Knight Frank: 18 The large variety of recreational possibilities ensures there Simon Barker is something for everyone of all ages. Some of the popular “We are confident 2014 is going to be busy because: T +44 1935 812236 pastimes include horse riding, fishing, golf, walking, country • People will want to transact before the General Election [email protected] pursuits and sailing. There are also many events throughout the • Ripple effect from London 39% 38% 23% Specialism: £400k-£1m sales year including Glastonbury, The Larmer Tree Festival, The Royal London and South West Rest of UK • Government Assist To Buy Schemes International Years at Knight Frank: 19 Bath and West Show and the Dorset County Show. With great • The overall feel better factor in the UK economy communications to London (British Rail: Castle Cary to London • UK banks are increasingly more flexible” Paddington - 1 hour 37 minutes and Sherborne to London Ed Cunningham Luke Pender-Cudlip Waterloo - 2 hours 14 minutes) combined with all of the above SALES BY PRICE BAND T +44 20 7861 1080 Office Head benefits, it is not surprising that we have seen a rise in the [email protected] trend of the weekly commuter buyer. Specialism: £3m+ sales Years at Knight Frank: 5 2013 saw an increase in activity from the year before with deals being done across the spectrum demonstrating Knight Frank’s The Sherborne office covers a patch bordered by Glastonbury ability to sell quality stock, be it a cottage or a castle. On behalf to the north, Weymouth to the south, Taunton to the west of The Landmark Trust we sold a property near Corfe Castle for James McKillop and Cranborne to the east. People moving to the area out of T +44 20 7861 1528 circa £400,000 and sold an estate in Somerset for £13,000,000 London and other cities benefit from a huge increase to their [email protected] – as well as many transactions between these parameters. quality of life with access to the countryside and an abundance Specialism: £1.85m+ sales We are often discounted by vendors as they perceive us to of excellent state and primary schools. Selling a terraced Years at Knight Frank: 2 only deal with grand houses and estates at the top end of 50% 50% house in London with a tiny garden transposes into the dream Under £750k £750k+ the market. Whilst it is true that we are leaders in this field we ‘forever’ house. This may take the form of a farm, manor or are also extremely active across a wide range of property. For rectory set in its own land or a house in one of the many Clive Hopkins example in 2013 72% of our sales were between £400,000 and superb villages and towns in Dorset, Somerset and Wiltshire. T +44 20 7861 1064 £1,000,000. Simon Barker has been active in this market over Needless to say living near the World Heritage designated 95 [email protected] the last 19 years and needless to say has a deep skill set and Our website has been viewed by people from mile Jurassic Coast with its stunning beaches is a big draw for Specialism: Farms and estates experience at these price levels. many buyers too. Years at Knight Frank: 25 For your free market appraisal please call +44 1935 812236 Kevin Lockyer Knight Frank Sherborne 225 T +44 1392 848835 15 Cheap Street, Sherborne, countries in the past 12 months [email protected] Dorset DT9 3PU Specialism: Professional valuations Years at Knight Frank: 5 2 | Local View Local View | 3 a lifestyle choice BEAMINSTER GUIDE PRICE MARNHULL GUIDE PRICE CURRY MALLET GUIDE PRICE DORSET £1,995,000 DORSET £1,650,000 SOMERSET £1,650,000 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 Hampshire to Worcestershire, Somerset 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 Sherborne, 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 1935 812236 or visit KnightFrank.co.uk/sherborne A SELECTION OF PROPERTIES for sale 3. Hardington Mandeville 4. West Compton Somerset Somerset PROPERTIES for sale IN THE aREa Below we highlight just a small selection of properties currently for sale in and around Sherborne with Knight Frank. Please call to find out about other properties we have available which suit your requirements. 1. Cheselbourne 2. Bradford Abbas 5. Stowell 6. Ibberton Dorset Dorset Dorset Dorset 1 An immaculate modern country 2 A superb house with cottage 3 Grade II listed former rectory 4 A superb classically styled 5 Modern stone house with 6 Well presented Grade II listed house with spectacular 280 and income generating ancillary in need of restoration with house with easy access extensive eco features. property with paddocks degree views. EPC rating C. accommodation. EPC rating F. ancillary accommodation. to Wells. EPC rating D. EPC rating C. and woodland. w 7 bedrooms w 4 reception rooms w 4 reception rooms w 3 reception rooms w Farmhouse kitchen w 4 reception rooms w 2 bedroom cottage w 5 bedrooms w 8 bedrooms w 3 bedroom suites w 2 reception rooms w 4 bedrooms w Tennis court w 2 bedroom cottage w 3 bathrooms w 3 further bedrooms w 2 bedroom suites w 2 bathrooms w Swimming pool w 3 self-contained w 3 bedroom cottage w Integral triple garage w 5 further bedrooms w Outdoor swimming pool w Stables, gym and outbuildings 1 bedroom flats w Outdoor heated w Traditional stone barn w Principal outbuilding w Outbuildings comprising w Detached studio w Garden and paddocks swimming pool w Garden and paddocks incorporating self-contained storage, feed room and stables w Double bank fishing w Coach house with annexe w Garden studio on the River Yeo 2 bedroom flat over w Attractive garden bordering farmland In all about 146.85 acres In all about 8.37 acres In all about 8.54 acres In all about 21.3 acres In all about 1.93 acres In all about 9.74 acres GUIDE PRICE £4,500,000 GUIDE PRICE £2,500,000 GUIDE PRICE £2,350,000 GUIDE PRICE £1,800,000 GUIDE PRICE £1,350,000 GUIDE PRICE £1,250,000 6 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/sherborne to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call +44 1935 812236 or visit KnightFrank.co.uk/sherborne | 7 A SELECTION OF PROPERTIES for sale 7. Witcombe 8. East Lambrook 11. South Petherton 12. Sherborne Somerset Somerset Somerset Dorset 9. Woodrow 10. West Chinnock 13. Sandford Orcas 14. Wyke Dorset Somerset Dorset DORset 7 Substantial Grade II listed house 8 Grade II listed village house 9 Recently renovated stone 10 Spacious, detached family 11 Grade II listed village house 12 A large Edwardian family home 13 Detached chalet bungalow in a 14 Part of an impressive Grade with beautiful gardens.