Regional VIEW | |

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 , 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.

Edward Cunningham Head of South West Team 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 West Midlands 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 – its 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 INTRODUCTION

Welcome

LOCAL UPDATE

Sales by price band Welcome to our Regional View of the areas covered by our under £500k 12% offices in Basingstoke, Hungerford and Winchester, as well as £500k to £750k 23% our Country House department in Baker Street. This shows £750k to £1m 19% some of the houses we are selling and have sold over the year and I hope portrays the importance of how these regional £1m to £1.5m 13% offices act successfully on behalf of their clients. £1.5m to £3m 26% over £3m 7% The market has been very testing this year, which is why we and our clients are so lucky we have the best people in the business. The market has not only varied during the course of Where do our buyers the year but also by price range and by area. It was rare that all come from? the areas were performing the same at the same time; another reason for our clients requiring the advice of experienced and International 5% knowledgeable people. London 32% The introduction of the 7% stamp duty on houses at £2million South East 40% or more most definitely had a dramatic effect on buyers at this Rest of the UK 23% price range, who were reluctant to pay the extra 2% tax, so lowered their sights to under the threshold, making it difficult to sell houses at or just over £2million. The summer brought more bad news from Europe. This, for a its closer proximity to London. The spread of time, was drowned out by the patriotic cheers of the Olympics. houses we sell and where our buyers come from Since these heady days, the market has shown some resilience is illustrated in the adjoining graphs. These also and where prices have either altered, or where advice has show the importance of having a firm who can been taken, deals have been done, in good time and on good appeal to, and deal in, a wide market place. terms with some competitive bidding. This includes some Across the region we have purchasers with a good deals at the higher end of the country house market combined spending power of nearly £2billion, across the region handled by our local offices along with our therefore if any of us can help with any sale or Country House team based in London and specialising in purchase in 2013 then I very much hope that you selling properties at the top of the market with unrivalled will call us. success. Andrew Rome Hungerford, less affected by the fallout in the City, sold 34% Chairman, South West Region. of houses to people from London and they are spending on average nearly twice as much as in north east , where the market has been at its most challenging. 75% of our Basingstoke sales were below £1.5 million, whereas in Winchester and Hungerford the figure is 60%. Interestingly, though, Basingstoke has had more international buyers due to THE TEAM 7

THE TEAM

Mark Potter Shaun Hobbs Nick Loweth Office Head – Basingstoke Partner – Basingstoke Office Head – Hungerford [email protected] [email protected] [email protected] T +44 (0)1256 350600 T +44 (0)1256 350600 T +44 (0)1488 682726

Rob Wightman Nick van Zeller – Head of Residential William Marsden-Smedley Partner – Hungerford Country Business - Hungerford Partner – Hungerford [email protected] [email protected] [email protected] T +44 (0)1488 682726 T +44 (01488 682726 T +44 (0)1488 682726

Edward Cunningham Clare Guy James McKillop Head of South West Team – London Senior Negotiator – London Negotiator – London [email protected] [email protected] [email protected] T +44 (0)20 7861 1080 T +44 (0)20 7861 1549 T +44 (0)20 7861 1528

Alasdair Pritchard Andrew Rome George Clarendon Negotiator – London Office Head – Winchester Partner – Winchester [email protected] [email protected] [email protected] T +44 (0)20 7861 1098 T +44 (0)1962 850333 T +44 (0)1962 850333

Sacha Jackson Tom Woods Partner – Winchester Associate – Winchester [email protected] [email protected] T +44 (0)1962 850333 T +44 (0)1962 850333 8 HUNGERFORD SALES 01488 682726 | [email protected]

Burridge Heath Farm LITTLE BEDWYN,

A location to die for! An extended former stud, located in an enviable position on a private road, with excellent access to communications and schools. 3 reception rooms, 5 bedrooms, adjoining annexe with 3 reception rooms and 3 bedrooms, in all approaching 5,000 sq ft, paddocks and stabling, barns and studio. In all about 7.5 acres Guide price: £1,600,000

Keepers Cottage , HAMPSHIRE

Bourne Valley with views An exceptional country residence (over 5,000sq ft) in a superb location with outstanding rural views. 3 reception rooms, 5/6 bedrooms, carport/barn, garden store/workshop, swimming pool, gardens. In all about 1.43 acres Price on application 01962 850333 | [email protected] WINCHESTER SALES 9

Sarson Mill , HAMPSHIRE

Modern riverside house Built to a high specification and in a picturesque setting. Double height reception hall, 4 reception rooms, 6 bedrooms, 4 bathrooms, 2 bedroom cottage, gym, garage, car port and woodstore, landscaped gardens with paddock, streams and mill pond. In all about 4.5 acres Guide price: £2,650,000

Coles PRIVETT, HAMPSHIRE

Garden paradise In a stunning and secluded setting, this house also has planning permission to build a classical style country house. Existing 4 bedroom house and separate 3 bedroom cottage. Proposed new house with 5 reception rooms, 7 bedrooms, 5 bathrooms, indoor leisure complex, totalling 8,654 sq ft. In all about 24.68 acres Guide price: £2,975,000 10 BASINGSTOKE SALES 01256 350600 | [email protected]

Station House , HAMPSHIRE

Period family house Edge of village location surrounded by farmland. 5 bedrooms, 3 reception rooms, 3 bathrooms, kitchen/breakfast room, garage. In all about 0.35 acres Guide price: £1,150,000

Crabtree Lodge HARTLEY WINTNEY, HAMPSHIRE

Glorious rural setting Situated in an idyllic location amidst wooded land. 5 bedrooms, 7 reception rooms, 5 bathrooms, kitchen/breakfast room, separate flat, separate cottage, 11 loose boxes, swimming pool. In all about 8.15 acres Guide price: £1,750,000 01962 850333 | [email protected] WINCHESTER SALES 11

Wellow Manor EAST WELLOW, HAMPSHIRE

Classic Georgian house Elegant Grade II Listed house with wonderful period features. 6 reception rooms, 6 bedrooms, 5 bathrooms, indoor swimming pool with gym and changing room, 4 car garage with car port and studio above, gardens and paddocks. In all about 3.2 acres Guide price: £2,250,000

The Old Rectory WICKHAM, HAMPSHIRE

Historic Queen Anne house Grade II Listed house set in landscaped gardens on the edge of a thriving village. 3 reception rooms, 7 bedrooms, 4 bathrooms, double garage. In all about 5.16 acres Guide price: £1,600,000 12 BASINGSTOKE SALES 01256 350600 | [email protected]

Foresters Cottage Four Winds , HAMPSHIRE Guide price: £1,450,000 SHERFIELD-ON-LODDON, HAMPSHIRE Guide price: £575,000

SOLD SOLD

Arbour Cottage Oates Cottage DUMMER, HAMPSHIRE Guide price: £550,000 GODDARDS GREEN, Guide price: £565,000

SOLD SOLD

Yew Tree Cottage Ridgewood MATTINGLEY, HAMPSHIRE Guide price: £1,275,000 OVERTON, HAMPSHIRE Guide price: £795,000

SOLD SOLD 01488 682726 | [email protected] HUNGERFORD SALES 13

School House Bridge Cottage ARDINGTON, OXFORDSHIRE Guide price: OIEO £1,000,000 LITTLE BEDWYN, WILTSHIRE Guide price: £895,000

SOLD SOLD

East Gate Cottage Kinwardstone HAMSTEAD MARSHALL, BERKSHIRE Guide price: £950,000 BURBAGE, WILTSHIRE Guide price: £2,350,000

SOLD SOLD

The Dower House Stargroves LETCOMBE REGIS, OXFORDSHIRE Guide price: £1,650,000 EAST END, BERKSHIRE Sold privately

SOLD SOLD 14 WINCHESTER SALES 01962 850333 | [email protected]

The Ropeway Springwood BEAULIEU, HAMPSHIRE Guide price: £2,400,000 CHILWORTH, HAMPSHIRE Guide price: £1,895,000

SOLD SOLD

Brookside The Orchards CHERITON, HAMPSHIRE Guide price: £825,000 , HAMPSHIRE Guide price: £1,375,000

SOLD SOLD

Lower House Farm Manor Farm House EAST MEON, HAMPSHIRE Guide price: £2,250,000 DAMERHAM, HAMPSHIRE Guide price: £2,250,000

SOLD SOLD 01256 350600 | [email protected] BASINGSTOKE SALES 15

Ridgeway House The Granary DIPPENHALL, SURREY Guide price: £3,500,000 , HAMPSHIRE Guide price: £700,000

SOLD SOLD

Broken Way Cottage Heckfield House , BERKSHIRE Guide price: £675,000 HECKFIELD, HAMPSHIRE Guide price: £1,750,000

SOLD SOLD

Triggs Wheathold Place CRONDALL, HAMPSHIRE Guide price: £1,625,000 KINGSCLERE, HAMPSHIRE Guide price: £3,250,000

SOLD SOLD 16 WINCHESTER SALES 01962 850333 | [email protected]

Wyke Green Farm , HAMPSHIRE

Renovated country house Exceptional Grade ll Listed house in a beautiful position. 4 reception rooms, 8 bedrooms, 2 cottages, outbuildings, swimming pool and tennis court. In all about 6.38 acres Guide price: £3,250,000 01488 682726 | [email protected] HUNGERFORD SALES 17

Border Cottage AXFORD, WILTSHIRE

Close to Marlborough An attractive cottage with fine views across the valley. 3 reception rooms, 5 bedrooms, annexe with reception room, upstairs study/bedroom. In all about 1.64 acres Guide price: £795,000

Thuja MARLBOROUGH, WILTSHIRE

Edge of Marlborough Thuja is a spacious town house believed to date from 1906 with later additions. 4 reception rooms, 6 bedrooms, study, double garage, outbuilding, mature south facing gardens. In all about 0.51 acre Price on application 18 HUNGERFORD SALES 01488 682726 | [email protected]

Seymour Place SAVERNAKE, MARLBOROUGH, WILTSHIRE

Parkland opportunity A rare chance to build over 16,000 sq ft adjacent to the , or a different style, subject to planning. 6 reception rooms, 8 bedrooms, gym, swimming pool and steam room, bowling alley, cinema, bar, discotheque, wine cellar, plant room, barn with large hay loft above, 2 cottages, parkland. In all about 53 acres Offers in excess: £3,000,000

Cockerel Cottage NR LITTLE BEDWYN, WILTSHIRE

Annexe and water Cockerel Cottage is an attractive property, believed to date in part from 17th century. 4 reception rooms, study, 5 bedrooms, cottage with bedroom/sitting room and room above, gardens, lake and stream. In all about 5 acres Guide price: £995,000 01256 350600 | [email protected] BASINGSTOKE SALES 19

Queens Meadow , HAMPSHIRE

Cottage in a peaceful setting Pretty 14th century Grade II Listed cottage. 4 bedrooms, 3 reception rooms, 2 bathrooms, kitchen/breakfast room, garden room, double garage, studio. In all about 0.62 acres Guide price: £995,000

Cavendish House , HAMPSHIRE

Village house in a quiet setting Located in one of Hampshire’s most sought after villages. 4/5 bedrooms, 4 reception rooms, 3 bathrooms, kitchen/breakfast room, double garage, secluded landscaped garden. Guide price: £1,000,000 20 WINCHESTER SALES 01962 850333 | [email protected]

Home Farm BRAMSHAW, HAMPSHIRE

Wonderful rural lifestyle Former dairy farm with 102 acres of pasture, farmhouse, bungalow and outbuildings. 4 bedroom farmhouse, 2 bedroom bungalow, estate office, pasture and amenity woodland with forest rights, mixture of traditional and modern farm buildings of about 32,000 sq ft. In all about 102 acres Guide price: £2,500,000

Hinton Woodlands BRAMDEAN, HAMPSHIRE

Grade II Listed farmhouse Beautiful house in rolling Hampshire countryside. 2 reception rooms, 4 bedrooms, 2 bathrooms, 3 bedroom cottage, swimming pool complex, stable block, traditional barn and outbuildings, paddocks. In all about 11 acres Guide price: £2,500,000 01488 682726 | [email protected] HUNGERFORD SALES 21

Urchfont Manor , WILTSHIRE

Architectural gem in a glorious setting, close to and Pewsey Elegant Grade II* manor house, together with lodge, 2 cottages, former coach house and stables. Set in beautiful grounds with a walled garden and pitch. Last used as a residential training centre with the potential to be restored to a wonderful family house or suitable for alternative uses, subject to the necessary consents. Agricultural land subject to tenancy. Available as a whole or in 6 lots. In all about 59 acres Guide price: £2,700,000 22 HUNGERFORD SALES 01488 682726 | [email protected]

No.1 The Square RAMSBURY, WILTSHIRE

Best of both worlds A stunning contemporary house in the centre of Wiltshire’s premier village, with a garden leading down to the River Kennet. 3 reception rooms, study, IT and comms room, plant room and cellar, 6 bedrooms, detached garage for 4 cars, gardens. In all about 0.55 acre Offers in excess: £1,750,000

Georgia Lodge AMPORT, HAMPSHIRE

Superb new house An exceptional new-build country house in a rural setting with fine views over open countryside. Set in landscaped gardens of approximately 1.03 acres (0.41 Ha). 4 reception rooms, 6 bedrooms, detached double garage and workshop, studio accommodation above with kitchenette and shower room, delightful landscaped garden with 2 terraces, set in landscaped gardens of approximately 1.03 acres. In all about 1.03 acres Guide price: £1,475,000 01962 850333 | [email protected] WINCHESTER SALES 23

The Lawns Ramshill GOODWORTH , HAMPSHIRE EAST WINTERSLOW, WILTSHIRE

Stunning Grade II Listed village house Peaceful and secluded house surrounded by open countryside Kitchen/dining/sitting room, 2 reception rooms, 5 bedrooms, 2 bathrooms, barn with garaging and 3 reception rooms, 4 bedrooms, 2 bathrooms, 1 bedroom storage. annexe, 3 stables, gardens of 2.69 acres, woodland of 6.5 acres, Lot 2: 20.37 acres of woodland. In all about 0.37 acres Guide price: £950,000 In all about 29.56 acres Guide price: Lot 1 £950,000

Crofters Heron Ashford Chace FOX, HAMPSHIRE STEEP, HAMPSHIRE

Period house in rural location with potential to extend Grade II Listed wing in magnificent grounds 3 reception rooms, downstairs bedroom and bathroom, 4 reception rooms, 5 bedrooms, 2 bathrooms/1 shower 3 double bedrooms, bathroom, office store, double room, garage, share of barn, private and communal garage and other outbuildings. gardens, (part freehold garden and woodland). In all about 1.78 acres In all about 8 acres Guide price: £1,200,000 Guide price: £1,250,000 24 HUNGERFORD SALES 01488 682726 | [email protected]

Thorn hanger Wimbold Lodge MARLBOROUGH, WILTSHIRE Guide price: £1,750,000 , HAMPSHIRE Guide price: £1,750,000

SOLD SOLD

Crowshott Farm Meadow House , HAMPSHIRE Guide price: £3,750,000 AVEBURY, WILTSHIRE Guide price: £895,000

SOLD SOLD

Wykeham House Tile House RAMSBURY, WILTSHIRE Guide price: £1,150,000 CLENCH, WILTSHIRE Guide price: OIEO £1,850,000

SOLD SOLD 01962 850333 | [email protected] WINCHESTER SALES 25

Drove Farm Cottage Littledene WEST DEAN, WILTSHIRE Guide price: £995,000 BONCHURCH, Guide price: £875,000

SOLD SOLD

Spinningfield Park Farm HAMBLEDON, HAMPSHIRE Guide price: £795,000 , HAMPSHIRE £350,000 to £795,000

SOLD SOLD

Glasspools Greatham Mill LONGWOOD, HAMPSHIRE Sold privately LISS, HAMPSHIRE Guide price: £1,850,000

SOLD SOLD 26 WINCHESTER 01962 850333 | [email protected]

Trees ITCHEN ABBAS, HAMPSHIRE

House in popular village Family home with superb potential within easy access of Winchester. 4 reception rooms, 5 bedrooms, 3 bathrooms, large double garage and summer house, planning permission for bedroom 6 and 2 additional reception rooms. In all about 1.73 acres Guide price: £1,750,000

Old Vicarage , HAMPSHIRE

Georgian family house Beautiful family house in the heart of a classical English village. 3 reception rooms, 5 bedrooms, 2 bathrooms, coach house with stables and garaging with studio and office, swimming pool, pool house and formal gardens. In all about 0.72 acres Guide price: £2,200,000 01488 682726 | [email protected] HUNGERFORD SALES 27

Hill Barn House , WILTSHIRE

Exceptional gardens A large family house (totalling in all 7,890 sq ft) 4 reception rooms, cellar and cloakroom, 6 bedrooms, outbuildings, separate 2 bedroom cottage, tennis court, swimming pool and pool house. In all about 1.62 acres Price on application 28 BASINGSTOKE SALES 01256 350600 | [email protected]

Old Rectory , HAMPSHIRE

A handsome former rectory Located in the pretty hamlet adjacent to the river. 5 bedrooms, 3 reception rooms, 2 bathrooms, kitchen/breakfast room, cellar, outbuildings and garages. In all about 2 acres Guide price: £1,500,000

Varnwood ODIHAM, HAMPSHIRE

Spectacular country home Situated in a rural setting close to Odiham. 5 bedrooms, 4 reception rooms, 4 bathrooms, lifestyle kitchen, double garage, swimming pool. In all about 2 acres Guide price: £1,500,000 01962 850333 | [email protected] WINCHESTER SALES 29

Water Cottage LITTLE ANN, HAMPSHIRE

Idyllic rural location Classic and well-presented period cottage. 3 reception rooms and conservatory, 4 bedrooms, 2 bathrooms, self-contained annexe, triple garage and car port, pool house, swimming pool, tennis court, 221.5m of single bank fishing. In all about 5 acres Guide price: £1,350,000

Cobbles SUTTON SCOTNEY, HAMPSHIRE

Contemporary village house A stunning recently refurbished Grade II Listed house. 3 reception rooms, stunning kitchen/ breakfast room, 5 bedrooms, 4 bathrooms. In all about 0.6 acres Guide price: £1,500,000 30 BASINGSTOKE SALES 01256 350600 | [email protected]

The Manor House HOLYBOURNE, HAMPSHIRE

Regency village house Situated in the heart of the village. 6/7 bedrooms, 4 reception rooms, 4 bathrooms, kitchen/breakfast room, cellar, garaging for 3 cars, outbuildings, swimming pool. In all about 2 acres Guide price: £1,750,000

Waterside House WINCHFIELD, HAMPSHIRE

Canal-side setting Occupying a delightful setting beside the . 5 bedrooms, 4 reception rooms, 3 bathrooms, kitchen/breakfast room, 3 car garage. In all about 0.88 acre Guide price: £1,500,000 01962 850333 | [email protected] WINCHESTER SALES 31

Baybridge Park UPHAM, HAMPSHIRE

Substantial new mansion in an outstanding setting The house has state of the art facilities and is finished to an exceptional standard. 7 reception rooms, master bedroom wing, 10 further bedroom suites. Gymnasium, music/sitting room, indoor swimming pool, sauna, cinema, games room, wine cellar and tennis court. 2 bedroom staff flat, 3 bedroom lodge, 3 bedroom coach house. Approximately 2,265 sq m (24,379 sq ft). In all about 27 acres (further 54 acres available separately) Price on application 32 BASINGSTOKE SALES 01256 350600 | [email protected]

Beaurepaire Park NEAR BASINGSTOKE, HAMPSHIRE

Grade ll* Listed 18th century manor house An estate of medieval origins with moated manor house and historic park. 3 reception rooms, 7 bedrooms, 5 bathrooms, courtyard with office, games room and orangery, beautiful formal gardens, lakes and parkland, stable yard, 3 cottages, streams, paddocks, arable land, paddocks and woodland. In all about 245.75 acres Guide price: £6,500,000 01256 350600 | [email protected] BASINGSTOKE SALES 33

Century House , HAMPSHIRE

Charming period house Located in a pretty and peaceful hamlet. 4 bedrooms, 4 reception rooms, 3 bathrooms, kitchen/breakfast room, barn with games room, bedroom and office, double garage, tennis court. In all about 8 acres Guide price: £1,375,000

North Street KINGSCLERE, HAMPSHIRE

Modernised period house Ideal location close to the village centre. 3 bedrooms, 4 reception rooms, 2 bathrooms, kitchen/breakfast room, garage, private and secluded garden. Guide price: £750,000 34 HUNGERFORD SALES 01488 682726 | [email protected]

Meadow cottage OGBOURNE ST. GEORGE, MARLBOROUGH, WILTSHIRE

Immaculate and private Meadow Cottage is privately situated on the edge of Ogbourne St George, a popular village in the heart of the Marlborough Downs. 2 reception rooms, 4 bedrooms, pretty gardens with wonderful rural views. In all about 0.4 acre Price on application

MASONS , HAMPSHIRE

Period village house with a paddock Masons is an extensively and well-presented period house which provides plentiful and flexible accommodation. 3 reception rooms, kitchen/breakfast room, master bedroom with en suite bathroom, 5 further bedrooms, 2 loose boxes, delightful garden with terrace, adjacent paddock. In all about 1.33 acres Guide price: Lot 1: £775,000 and Lot 2: £100,000 01962 850333 | [email protected] WINCHESTER SALES 35

Coombe Farm , ISLE OF WIGHT

Beautiful location Grade II Listed residential farm in outstanding position. 5 reception rooms, 7 bedrooms (3 en suite), 2 further bathrooms, two 2 bedroom cottages, extensive range of outbuildings, heated swimming pool, hard tennis court. In all about 214.77 acres Guide price: £3,000,000

Dolphin Boathouse WOOTTON BRIDGE, ISLE OF WIGHT

Waterside setting New England style waterfront house with private pontoon, 2 slipways and mooring onto The Solent. 5 reception rooms, kitchen/breakfast room, master bedroom suite with dressing room and sun deck terrace, 7 further en suite bedrooms, sauna and Jacuzzi, gross approximate internal floor area 4,585 sq ft (426 sq m) In all about 1 acre Guide price: £1,950,000 36 WINCHESTER SALES 01962 850333 | [email protected]

Thorngate Porch Cottage , WILTSHIRE , HAMPSHIRE

Charming house in peaceful and rural location Cottage in the heart of the village 3 reception rooms, 4 bedrooms, bathroom, garage, 3 reception rooms, 3 bedrooms (1 en suite), bathroom, garden store, garden. double garage with office/studio, garden. Guide price: £675,000 Guide price: £589,000

Manchester House Ladysmock Cottage BRAMDEAN, HAMPSHIRE WALTHAM, HAMPSHIRE

Grade II listed house with stunning gardens Quietly positioned on the edge of farmland 5 reception rooms, 4 bedrooms, 2 bathrooms, garage, 3 reception rooms, 3 bedrooms, bathroom, double garden. garage, garden. In all about 1 acre In all about 0.37 acre Guide price: £1,100,000 Guide price: £775,000 01256 350600 | [email protected] BASINGSTOKE SALES 37

Cowslip Cottage The Tower , HAMPSHIRE KINGSCLERE, HAMPSHIRE

Detached period cottage in a village setting The height of contemporary living Sitting room, kitchen, 2 bedrooms, bathroom, garage, 2 bedrooms, 2 reception rooms, 2 bathrooms, kitchen, garden. roof top terrace. Guide price: £325,000 Guide price: £399,000

Well House Pitchfork DUMMER, HAMPSHIRE , HAMPSHIRE

Picture postcard cottage in a lovely village Charming period cottage in an attractive village setting 2 reception rooms, kitchen, utility room, 3 bedrooms, 2 reception rooms, cloakroom, kitchen/breakfast room, bathroom, double garage with room over. 2 bedrooms, bathroom, garage, garden. In all about 0.25 acre Guide price: £550,000 Guide price: £465,000 38 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 39

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. Frank LLP in the particulars or by word of mouth or in writing and that all information is correct. (‘information’) as being factually accurate about the This report is published for general information only and not property, its condition or its value. Neither Knight Frank LLP 4. VAT: The VAT position relating to the property (where to be relied upon in any way. Although high standards have nor any joint agent has any authority to make any applicable) may change without notice. been used in the preparation of the information, analysis, representations about the property, and accordingly any views and projections presented in this report, no 5. Details: Whilst every effort has been made to ensure the information given is entirely without responsibility on the responsibility or liability whatsoever can be accepted by accuracy of the information contained in this publication, part of the agents, seller(s) or lessor(s). Knight Frank LLP for any loss or damage resultant from any the publisher cannot accept responsibility for any errors it use of, reliance on or reference to the contents of this 2. Photos etc: The photographs show only certain parts may contain. All rights reserved. No part of this publication document. As a general report, this material does not of the property as they appeared at the time they were may be reproduced, stored in a retrieval system, or necessarily represent the view of Knight Frank LLP in taken. Areas, measurements and distances given are transmitted in any form or by any means, electronic, relation to particular properties or projects. Reproduction of approximate only. Any computer generated images (CGI) mechanical, photocopying, recording or otherwise, without this report in whole or in part is not allowed without prior are indicative only. prior permission of Knight Frank LLP, 55 Baker Street, written approval of Knight Frank to the form and content London W1U 8AN. 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.