local View THE COTSWOLDS - CIRENCESTER • 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 Atty Beor-Roberts to you. Along with a brief review of activity in the Cotswolds, we have also included a preview of just T +44 7836 270845 [email protected] some of the beautiful properties we currently have available. Please contact your local team for more Specialism: Country houses information and to find out what other opportunities we can offer. Years at Knight Frank: 29
Knight Frank is particularly pleased to have succeeded where Rupert Sturgis others have failed. We have attracted buyers from local, “Property investment in the Cotswolds is a sound, long term T +44 7768 773833 national and international market places through pro-active investment which can be enjoyed now and appreciate in [email protected] marketing and good old-fashioned hard selling. We have value. If you have plans to sell in 2014 please contact us 21% 66% 13% Specialism: Manor houses and farmhouses ensured that our properties have achieved the optimum price London and South West Rest of the UK in complete confidence to discuss your plans as soon as International Years at Knight Frank: 10 the market will carry. possible. In recent years the wise sellers have come to the market early in the year in order to take advantage November 2013 saw the opening of our new office in Stow-on- Rupert Marchington of the pent-up demand of many prospective purchasers.” the-Wold, adding to our established regional residential sales SALES BY PRICE BAND offices in Cirencester, Cheltenham, Oxford, Bath, Bristol and T +44 7900 138929 Rupert Marchington [email protected] Hungerford. Office Head Specialism: Village and townhouses Knight Frank has added further influence by expanding Years at Knight Frank: 8 departments, including: Estate Management, Professional 2013 was a year of two halves. The late spring delayed the start Valuations, Country House Lettings, Property Finance, to the country house market and the last two quarters saw International Sales and The Buying Solution, our specialist Alice Trehane unusually brisk activity. buying department. T +44 7767 272895 [email protected] The disparity between London prices and those in Last year marked the first Knight Frank Day of Giving, a venture Specialism: Country and village cottages Gloucestershire and North Wiltshire has never been so great. rolled out across all the Knight Frank offices in the UK. 47% 38% 15% Years at Knight Frank: 3 There are indications that price rises for the capital’s best In October 2013 the Cirencester office of Knight Frank hosted Under £750k £750k - £1.5m £1.5m - £3m+ houses are slowing, whilst demand in the country is picking up. a quiz in The Assembly Rooms at the Corn Hall. Friends, clients and fellow professionals came together for the eight round WHAT ARE OUR BUYERS LOOKING TO SPEND? Buyer demand is rising faster than housing supply at present James Prewett quiz, and over £1,700 was raised. and it is becoming abundantly clear that the markets are now T +44 7917 052662 suffering from a lack of supply. Such has been the acceleration Five charities were chosen, each with the focus of securing the [email protected] in demand that we saw an increase of 62% in the number of future of the next generation: LandAid, Kids’ Company, Mary’s Specialism: Farms and estates houses sold in the last quarter of 2013 compared with the Meals, The MPS Society, and Barnardo’s. Across the country Years at Knight Frank: 6 same period last year. Knight Frank raised over £100,000.
Charlie Thwaites T +44 7436 154172 [email protected] 44% 28% 28% Specialism: Farms and estates Under £750k £750k - £1.5m £1.5m - £3m+ Years at Knight Frank: 3
For your free market appraisal please call +44 1285 659771
Knight Frank Cirencester Gloucester House, 60 Dyer Street, Cirencester, Gloucestershire GL7 2PT
2 | Local View Local View | 3 a lifestyle choice
WESTONBIRT GUIDE PRICE KINGSCOTE GUIDE PRICE CHEDWORTH GUIDE PRICE SHERBORNE GUIDE PRICE GLOUCESTERSHIRE £2,950,000 GLOUCESTERSHIRE £2,750,000 GLOUCESTERSHIRE £1,295,000 GLOUCESTERSHIRE £875,000
he diverging fortunes of the prime London property market when compared Making the with the country house market is helping to fuel a steady exodus from the T capital to the countryside. For many, the meteoric rise in the value of their move from London home in recent years is providing the perfect springboard to greener pastures.
city to country From Gloucestershire to Buckinghamshire, Sussex to Scotland, buyers are seeing the proceeds of their London sale go further than ever before, with grand country houses proving an irresistible draw. They are being joined by international buyers too, who are discovering the UK’s rural charm and have been leading the bidding on some of the country’s biggest estate sales recently.
The lifestyle benefits are one of the key attractions – the opportunity to swap the constant hum of traffic and a coffee shop on every corner for the sound of cockerels and an orchard in the garden. As well as the idyllic country property and grounds, there’s also the landscape on your doorstep.
Add to this a plethora of good schools, an enviable work-life balance and great food (85 of the UK’s 158 Michelin-starred restaurants are located outside of London), and it’s easy to see why so many purchasers are actively looking for their next home beyond the capital.
Technology improvements including fast, reliable internet means working from home is a viable option. This means that those leaving London can choose to retain their work links with the capital while cutting down on their commuting time and costs. Pick the right location, and you can even find that your train to the office is quicker than commuting from Fulham or Chelsea.
The move to the country can also create new forms of income. Larger properties and more land open up the possibility to do anything from renting out holiday cottages to growing your own vegetables.
Whether you are looking for a country property or are considering selling, good local advice is vital. Here in the Cotswolds, 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 1285 659771 or visit KnightFrank.co.uk/cotswolds A SELECTION OF PROPERTIES for sale
3. Far Oakridge 4. Middle Lypiatt Gloucestershire Gloucestershire PROPERTIES FOR SALE IN THE COTSWOLDs Below we highlight just a small selection of properties currently for sale in the Cotswolds with Knight Frank. Please call to find out about other properties we have available which might suit your requirements.
1. Broadwell 2. Nr Highworth 5. The Old Rectory 6. Minety Gloucestershire North Wiltshire Great Somerford Gloucestershire
1 A beautiful Grade II* listed 2 A private estate with 3 A substantial Cotswold 4 A fine Cotswold country house 5 An exceptional Grade II listed 6 An enchanting country house Cotswold manor house with a productive arable farm, country house commanding with magnificent rural views; family home situated on the with private, picturesque views and superb family sporting potential and outstanding rural views on the further land and cottages banks of the River Avon and grounds and excellent and entertaining space. equestrian opportunity. edge of a peaceful village. for sale separately. on the edge of a pretty village. equestrian facilities.
ww6 reception rooms ww5 reception rooms ww5 reception rooms wwReception hall ww5 reception rooms ww3 reception rooms ww8 bedrooms ww8 bedrooms ww8 bedrooms ww3 reception rooms ww5-6 bedrooms ww4 bedrooms, playroom ww4 cottages, 1 flat ww2 bedroom annexe wwIndoor swimming pool ww2 studies wwStable cottage wwStone outbuildings wwStudio, tennis court ww4 bedroom farmhouse ww2 bedroom flat ww6 bedrooms wwGaraging and studio wwStable yard wwLandscaped gardens wwRange of farm buildings wwOutbuildings wwBeautiful gardens and grounds wwSwimming pool wwStone barn wwLake and land wwStabling ww2 tennis courts wwGreenhouse and orchard wwFormal gardens wwFormal gardens wwStabling wwLot 1 about 118 acres wwBeautiful gardens and grounds wwCottage wwPaddock and vegetable garden wwTennis court wwLot 2 about 77 acres
In all about 35.23 acres In all about 200 acres In all about 7.7 acres In all about 12.5 acres In all about 3 acres In all about 8 acres
GUIDE PRICE £6,950,000 GUIDE PRICE £4,500,000 GUIDE PRICE £3,600,000 GUIDE PRICE £2,950,000 GUIDE PRICE £1,950,000 GUIDE PRICE £2,500,000
6 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/cotswolds to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call +44 1285 659771 or visit KnightFrank.co.uk/cotswolds | 7 A SELECTION OF PROPERTIES for sale
7. Kempsford 8. Hullavington 11. Nailsworth 12. Ampney St Peter Gloucestershire North Wiltshire Gloucestershire Gloucestershire
9. Haresfield 10. Barnsley 13. Westonbirt 14. Sopworth Gloucestershire Gloucestershire Gloucestershire North Wiltshire
7 A fine Cotswold family house 8 A handsome period village 9 A Grade II listed, spacious and 10 An attractive period Cotswold 11 A Cotswold stone family house 12 A well presented charming 13 A particularly charming 14 The substantial part of an old with private grounds, wooded house with equestrian facilities, well presented period family stone house with a pretty with parking within walking detached period property Grade II listed gate house, Grade II listed Manor House area and paddocks. gardens and land. house with spectacular views. garden in an elevated position. distance of the town. in a pretty village. in need of updating. in a quiet village.
ww3 reception rooms ww3 reception rooms ww3 reception rooms ww2 reception rooms ww3 reception rooms ww3 reception rooms ww2 reception rooms ww3 reception rooms ww5 bedrooms ww6 bedrooms ww5 bedrooms ww4 bedrooms ww4 bedrooms ww2/3 bedrooms ww3 bedrooms ww6 bedrooms ww3 bedroom annexe wwConservatory wwSubstantial garage building wwGarage wwPlanning permission ww2 bathrooms wwParking wwGarage wwOutbuildings with studio wwStable block wwStabling and outbuilding wwOutbuildings wwOutbuildings wwParking wwGarden wwParking wwTennis court wwOutbuildings wwLovely gardens wwParking wwGarden wwGarden wwFurther land available wwPretty gardens wwEPC rating E wwEPC rating F wwPaddocks wwEPC rating E wwEPC rating F wwEPC rating F wwOn the edge of beautiful wwOutbuildings countryside
In all about 9 acres In all about 3.6 acres In all about 2.18 acres Approximately 1,819 sq ft In all about 1.1 acres Approximately 1,249 sq ft Approximately 1,370 sq ft Approximately 3,003 sq ft
GUIDE PRICE £2,000,000 GUIDE PRICE £1,000,000 GUIDE PRICE £950,000 GUIDE PRICE £695,000 GUIDE PRICE £585,000 GUIDE PRICE £550,000 GUIDE PRICE £500,000 GUIDE PRICE £895,000
8 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/cotswolds to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call +44 1285 659771 or visit KnightFrank.co.uk/cotswolds | 9 A SELECTION OF RECENTLY SOLD PROPERTIES
5. Luckington SOLD 6. Lower Stanton St Quintin SOLD GUIDE PRICE GUIDE PRICE North Wiltshire £1,575,000 North Wiltshire £1,550,000 PROPERTIES SOLD IN The COTSWOLDs Our track record has always set us apart from our competitors and illustrated below is an impressive selection of properties we have recently sold in the Cotswolds.
1. Burford SOLD 2. Westonbirt SOLD 7. Nether Lypiatt SOLD 8. HANNINGTON SOLD gloucestershire/ GUIDE PRICE GUIDE PRICE GUIDE PRICE GUIDE PRICE Gloucestershire Gloucestershire NORTH WILTSHIRE Oxfordshire border £12,000,000 £2,950,000 £1,550,000 £1,850,000
3. Farmington SOLD 4. TURKDEAN SOLD 9. Chedworth SOLD 10. Tetbury SOLD GUIDE PRICE GUIDE PRICE GUIDE PRICE GUIDE PRICE Gloucestershire £2,800,000 GLOUCESTERSHIRE £4,950,000 Gloucestershire £1,295,000 Gloucestershire £1,250,000
10 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/cotswolds to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call +44 1285 659771 or visit KnightFrank.co.uk/cotswolds | 11 A SELECTION OF RECENTLY SOLD PROPERTIES
11. Oakridge Lynch SOLD 12. NR BERKELEY SOLD 17. Kemble SOLD 18. Nr Badminton SOLD GUIDE PRICE GUIDE PRICE GUIDE PRICE GUIDE PRICE Gloucestershire £1,200,000 GLOUCESTERSHIRE £900,000 Gloucestershire £725,000 South Gloucestershire £675,000
13. Luckington SOLD 14. CIRENCESTER SOLD 19. EASTLEACH SOLD 20. Sherston SOLD GUIDE PRICE GUIDE PRICE GUIDE PRICE GUIDE PRICE north wiltshire £1,150,000 Gloucestershire £1,100,000 Gloucestershire £599,000 NORTH WILTSHIRE £485,000
15. Sherborne SOLD 16. EWEN SOLD 21. Tetbury SOLD 22. Daglingworth SOLD GUIDE PRICE GUIDE PRICE GUIDE PRICE GUIDE PRICE Gloucestershire £875,000 Gloucestershire £795,000 Gloucestershire £380,000 Gloucestershire £375,000
12 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/cotswolds to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call +44 1285 659771 or visit KnightFrank.co.uk/cotswolds | 13 Selling, letting, consulting and research Knight Frank services
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SCOTLAND & HOME COUNTIES Hyde City Park Head Office NORTH ENGLAND Ascot* Notting Hill Marylebone Canary Edinburgh Esher* Wharf Kensington Mayfair Lauder Cobham* (GLQEXUJK South Wapping Coverage Aberdeen† Virginia Water *ODVJRZ Belgravia Global /DXGHU Kensington Glasgow† Haslemere Knightsbridge Chelsea Newcastle upon Tyne† Horsham Battersea Guildford* 1HZFDVWOH XSRQ7\QH Fulham Riverside NORTHERN ENGLAND Tunbridge Wells Richmond Harrogate Sevenoaks London Offices Leeds† Berkhamsted Manchester† Beaconsfield* Wandsworth Sheffield† Henley* Local Milton Keynes† CENTRAL Wimbledon Global Headquarters Cirencester SOUTH WEST 55 Baker Street Cheltenham Hungerford +DUURJDWH London W1U 8AN Reach Oxford Basingstoke /HHGV Worcester Winchester T +44 20 7629 8171 0DQFKHVWHU Hereford Exeter 6KHIILHOG Stratford-upon-Avon Bath Stow-on-the-Wold Bristol Birmingham† Sherborne Cardiff†
%LUPLQJKDP * Indicates offices with both sales and lettings teams 6WUDWIRUGXSRQ$YRQ † Commercial offices :RUFHVWHU 6WRZRQWKH:ROG +HUHIRUG 0LOWRQ.H\QHV 2[IRUG &KHOWHQKDP %HUNKDPVWHG &LUHQFHVWHU %HDFRQVILHOG +HQOH\ $VFRW LONDON &DUGLII %ULVWRO +XQJHUIRUG (VKHU 9LUJLQLD %DWK &REKDP 6HYHQRDNV %DVLQJVWRNH :DWHU *XLOGIRUG 7XQEULGJH :HOOV :LQFKHVWHU +DVOHPHUH +RUVKDP 6KHUERUQH Whether you are buying a beautiful house for personal enjoyment or want to invest in a portfolio of rental properties, we can help. ([HWHU
BUYING AND SELLING RESIDENTIAL RENTING, LETTING AND MANAGING CONSULTING AND PROFESSIONAL SERVICES PROPERTY RESIDENTIAL PROPERTY Our world-class research team ensures that we ww Finding a property to buy ww Finding a property to rent lead the field in understanding the key drivers of ww Financing your purchase ww Arranging a tenancy the residential property market. This means that ww Property search and acquisition ww Rental property for corporates we price and market property to deliver a sale or ww Services for international buyers ww Relocation services rental in the most effective way. ww Investing in property portfolio ww Valuations ww Valuations ww Services for landlords ww Valuations IMPORTANT NOTICE ww Letting your property ww Rural consultancy Property in central London please contact ww Property management ww Country house consultancy 1. Particulars: These particulars are not an offer or contract, 3. Regulations etc: Any reference to alterations to, or use Knight Frank LLP is a limited liability partnership registered in w Noel Flint on +44 20 7861 5020 ww Lettings management w Renewables and sustainability nor part of one. You should not rely on statements by of, any part of the property does not mean that any England with registered number OC305934. Our registered ww Leasehold reform Knight Frank LLP in the particulars or by word of mouth or necessary planning, building regulations or other consent office is 55 Baker Street, London, W1U 8AN, where you may UK property outside of London please contact For more information on renting, letting and ww Property research in writing (‘information’) as being factually accurate about has been obtained. A buyer or lessee must find out by look at a list of members’ names. This report is published David Peters on +44 20 7861 1067 property management with Knight Frank Rupert Sweeting on +44 20 7861 1078 please contact To find out more about Knight Frank’s the property, its condition or its value. Neither Knight inspection or in other ways that these matters have been for general information only and not to be relied upon Frank LLP nor any joint agent has any authority to make properly dealt with and that all information is correct. in any way. Although high standards have been used in UK farms and estates please contact Tim Hyatt on +44 20 7861 5044 consultancy services contact James Thompson on +44 20 7861 1075 any representations about the property, and accordingly the preparation of the information, analysis, views and Clive Hopkins on +44 20 7861 1064 4. VAT: The VAT position relating to the property (where any information given is entirely without responsibility on projections presented in this report, no responsibility or COMMERCIAL PROPERTY SERVICES applicable) may change without notice. Whilst every effort Property outside of the UK please contact the part of the agents, seller(s) or lessor(s). liability whatsoever can be accepted by Knight Frank LLP for NEW HOMES AND RESIDENTIAL has been made to ensure the accuracy of the information Paddy Dring on +44 20 7861 1061 any loss or damage resultant from any use of, reliance on Through our global alliance with US based DEVELOPMENT 2. Photos etc: The photographs show only certain parts contained in this publication, the publisher cannot accept Knight Frank’s property search service contact or reference to the contents of this document. As a general Newmark Grubb Knight Frank, the Commercial of the property as they appeared at the time they were responsibility for any errors it may contain. All rights Philip Selway on +44 20 7591 2647 division of Knight Frank encompasses over For more information about our residential report, this material does not necessarily represent the view taken. Areas, measurements and distances given are reserved. No part of this publication may be reproduced, 370 offices worldwide. development team please contact of Knight Frank LLP in relation to particular properties or For more information about financing and approximate only. Any computer generated images (CGI) stored in a retrieval system, or transmitted in any form Stephan Miles-Brown on +44 20 7861 5403 projects. Reproduction of this report in whole or in part is mortgage options with Knight Frank Finance, are indicative only. or by any means, electronic, mechanical, photocopying, To find out more about Knight Frank’s not allowed without prior written approval of Knight Frank to please contact recording or otherwise, without prior permission of Knight commercial property services contact the form and content within which it appears. Simon Gammon on +44 20 7268 2581 John Snow on +44 20 7861 1190 Frank LLP, 55 Baker Street, London W1U 8AN.
14 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/cotswolds to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call +44 1285 659771 or visit KnightFrank.co.uk/cotswolds | 15 Understanding THE fi nest INVESTMENTS
WE KNOW FARMS AND ESTATES Seeing THE BEST Deals
We understand the diversity of rural estates and the reasons for acquisition and drivers of management. We work with owners to deliver their specifi c objectives.
If you would like to hear more please contact:
James Del Mar Head of Rural Consultancy +44 1488 498 003
Christopher Smith Rural Consultancy and Renewables +44 1179 950 438 KnightFrank.co.uk/rural
Appreciating what’s important
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