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 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 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.

ww7 bedrooms ww4 reception rooms ww4 reception rooms ww3 reception rooms wwFarmhouse kitchen ww4 reception rooms ww2 bedroom cottage ww5 bedrooms ww8 bedrooms ww3 bedroom suites ww2 reception rooms ww4 bedrooms wwTennis court ww2 bedroom cottage ww3 bathrooms ww3 further bedrooms ww2 bedroom suites ww2 bathrooms wwSwimming pool ww3 self-contained ww3 bedroom cottage wwIntegral triple garage ww5 further bedrooms wwOutdoor swimming pool wwStables, gym and outbuildings 1 bedroom flats wwOutdoor heated wwTraditional stone barn wwPrincipal outbuilding wwOutbuildings comprising wwDetached studio wwGarden and paddocks swimming pool wwGarden and paddocks incorporating self-contained storage, feed room and stables wwDouble bank fishing wwCoach house with annexe wwGarden studio on the River Yeo 2 bedroom flat over wwAttractive 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. 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. with a detached two farmhouse with a three home in a popular village. with a self-contained annexe. in a popular residential area of pretty garden. EPC rating E. II listed country house. bedroom cottage. bedroom annexe. EPC rating D. EPC rating D. Sherborne. EPC rating D.

ww2 reception rooms ww3 reception rooms ww4 reception rooms ww3 reception rooms ww3 reception rooms ww3 reception rooms ww3 reception rooms ww3 reception rooms ww6 bedrooms ww4 bedrooms ww3 bedrooms ww6 bedroom suites ww4 bedrooms wwMaster bedroom suite wwMaster bedroom suite wwStudy ww3 bathrooms ww2 bathrooms ww3 bedroom annexe wwAttic space wwFamily bathroom ww2 further first floor bedrooms ww2 further bedrooms wwMaster bedroom suite wwPotential attic room ww2 bedroom cottage wwIndoor swimming pool wwDouble garage wwAttic study and bedroom ww2 second floor bedrooms wwFamily bathroom ww3 further bedrooms wwBarn and garage with wwHard tennis court wwDetached triple garage wwOutdoor heated ww1 bedroom annexe wwAttic storage wwSingle garage ww2 garages planning permission wwGarden, grounds and orchard wwVegetable, fruit gardens swimming pool wwAttractive garden wwGarden with private parking wwAttractive garden with wwShared tennis court and wwOutbuildings and stables and paddock wwLevel gardens with gravelled parking swimming pool extensive parking

In all about 4.46 acres In all about 2 acres In all about 3.38 acres In all about 0.33 acre In all about 0.7 acre Approximately 2,422 sq ft In all about 0.7 acre In all about 6 acres of communal gardens and grounds

GUIDE PRICE £1,150,000 GUIDE PRICE £895,000 GUIDE PRICE £750,000 GUIDE PRICE £745,000 GUIDE PRICE £650,000 GUIDE PRICE £575,000 GUIDE PRICE £465,000 GUIDE PRICE £420,000

8 | 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 | 9 A SELECTION OF RECENTLY SOLD PROPERTIES

5. Beaminster SOLD 6. Holwell SOLD GUIDE PRICE GUIDE PRICE Dorset £1,200,000 Dorset £1,125,000 PROPERTIES sold IN tHE aREa 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 Sherborne office.

1. Maiden Bradley SOLD 2. Shillingstone SOLD 7. YEABRIDGE SOLD 8. Draycott SOLD GUIDE PRICE GUIDE PRICE GUIDE PRICE GUIDE PRICE Wiltshire £3,000,000 Dorset £2,350,000 Somerset £1,100,000 Somerset £1,000,000

3. Stoke Wake SOLD 4. Ashmore SOLD 9. Sherborne SOLD 10. Sherborne SOLD GUIDE PRICE GUIDE PRICE GUIDE PRICE GUIDE PRICE Dorset £1,350,000 Wiltshire £1,200,000 Dorset £950,000 Dorset £795,000

10 | 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 | 11 A SELECTION OF RECENTLY SOLD PROPERTIES

11. East Coker SOLD 12. West Stour SOLD 17. Piddletrenthide SOLD 18. Charlton Horethorne SOLD GUIDE PRICE GUIDE PRICE GUIDE PRICE  GUIDE PRICE Somerset £790,000 Dorset £750,000 Dorset £600,000 Dorset £565,000

13. North Perrott SOLD 14. Milborne Port SOLD 19. Charlton Horethorne SOLD 20. Stourton Caundle SOLD GUIDE PRICE GUIDE PRICE GUIDE PRICE  GUIDE PRICE Somerset £695,000 Dorset £695,000 Dorset £450,000 Dorset £450,000

15. Broadshard SOLD 16. Sherborne SOLD 21. Sherborne SOLD 22. Langton Matravers SOLD GUIDE PRICE GUIDE PRICE GUIDE PRICE  GUIDE PRICE Somerset £650,000 Dorset £625,000 Dorset £395,000 Dorset £375,000

12 | 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 | 13 Selling, letting, consulting and research Knight Frank services

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SCOTLAND & HOME COUNTIES Hyde City Park Head Office NORTH 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 /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/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 | 15 Thorough, bespoke, specialist.

Bobby Hall Jamie Freeman

Bobby and Jamie are dedicated to finding and acquiring the finest homes throughout Hampshire, Wiltshire, West Berkshire, Somerset and Dorset. With their combined experience, first-rate market knowledge and property buying track record, their clients have the advantage when identifying and securing the very best houses in an increasingly competitive market place.

“WHY WOULDN’T ANYONE USE THEM? THE OFF-MARKET INFORMATION WAS INVALUABLE AND THE WHOLE PROCESS ENJOYABLE.”

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To discuss your property needs, call us on 01488 657912 or for updates on the UK residential property market follow us on @tbsbuyingagents TheBuyingSolution.co.uk

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