local View WEST SUSSEX • 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 James Machell to you. Along with a brief review of activity in West Sussex, we have also included a preview of just T +44 1403 339180 [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: 7

The market continues to perform well for realistically priced Michael Sparks quality stock. Buyers are eager to find but there is little in the “We cover a huge range of different types and sizes of T +44 1403 339180 way of new stock entering the market. We are confident that property in Sussex. We offer clients honest, candid advice [email protected] the market will be buoyant in 2014 if bolstered by an increase on the optimum method of realising their property’s full 19% 19% 62% Specialism: Country houses in stock levels. Reassuringly, confidence is on the increase. International London South East potential throughout the entire duration of the sales process.” Years at Knight Frank: 3 Horsham and the wider West Sussex area is incredibly diverse James Machell in terms of its property but with one thing always in common Office Head James Cleland – its access to stunning rural countryside. The Horsham office SALES BY PRICE BAND covers from Rusper in the north down to the south coast from T +44 20 7861 1552 [email protected] Bognor Regis in the west across to Eastbourne in the east and Specialism: Country houses Set in beautiful countryside we have some of the most everything in-between. Years at Knight Frank: 7 picturesque towns and villages in the country, served by The team is headed up by James Machell, who has been an outstanding schools and amenities. The area is well connected, agent for more than ten years. His agency days began in with excellent access to London by road and rail, and the central London before joining Knight Frank’s Esher office, and added advantage of Gatwick airport within easy reach. Nick Wheeler he rapidly gained a reputation for honest advice, consistency T +44 20 7861 1505 Within West Sussex we have the renowned All England jumping and an effective and adaptable sales approach. James lives [email protected] course at Hickstead where events include polo and dressage to locally with his wife and two young boys. Michael Sparks has 71% 21% 8% Specialism: Prime country houses eventing, showing and carriage driving. There is also the South 17 years’ experience as an estate agent in Sussex, including Under £1.5m £1.5m - £3m Over £3m Years at Knight Frank: 6 of England showground which hosts the South of England nine years in Horsham where he built up an enviable show and includes show jumping and showing competitors. reputation. They are supported by Jo Edney, Tessa Wilkinson WHAT ARE OUR BUYERS LOOKING TO SPEND? For polo there are numerous places, including Cowdray Park, and Claire Ingram. Martin Ball set in an Area of Outstanding Natural Beauty within a 16,500 T +44 7443 983573 Horsham completes an important link with its neighbouring acre estate. There is also racing at Goodwood, Fontwell and [email protected] offices in Tunbridge Wells, Haslemere and Guildford which numerous point to point places. Specialism: Finance combine to provide unrivalled knowledge of the Sussex Years at Knight Frank: 9 months markets, and the bordering counties of Kent, Surrey and Hampshire. 20% 75% 5% Under £750k £750k - £3m Over £3m

For your free market appraisal please call +44 1403 339180

Knight Frank Horsham 40 Carfax, Horsham, West Sussex RH12 1EQ

2 | Local View Local View | 3 a lifestyle choice

PULBOROUGH GUIDE PRICE PULBOROUGH GUIDE PRICE LOXWOOD GUIDE PRICE BILLINGSHURST GUIDE PRICE WEST SUSSEX £1,750,000 WEST SUSSEX £1,550,000 WEST SUSSEX £895,000 WEST SUSSEX £465,000

n the UK, sustainable features have been rising steadily on the buyer’s wanted Why eco-friendly list in recent years. Additions such as wood chip boilers and ground source heat I pumps have gone from a curiosity to becoming a compelling selling point. The is also result has been a significant cut in the time it takes to sell homes with eco-friendly buyer-friendly credentials. Rising energy bills and environmental concerns have been two of the twin drivers behind this change. They have helped to fuel the ever-rising numbers of sustainable homes being developed in the UK, and have generated a wider understanding among buyers of the advantages.

The savings in terms of running costs can be significant, running into thousands of pounds a year for larger properties. Good insulation, an up-to-date boiler and double-and triple-glazed windows are some of the more common features buyers are looking out for. Some homes have also capitalised on the generous feed in tariffs which offer buyers the incentive of lower electricity bills along with a steady source of income.

This shift in thinking is being reflected in sales figures and is particularly marked when we analyse Energy Performance Certificate scores. Since 2010 we have seen offers being made up to 15% faster on homes that have good EPC scores against those that are performing less well.

In the countryside, the trend is less pronounced. This is most likely because those who live in the countryside see it is as lifestyle choice and will choose a traditional period property with all its environmental drawbacks over a contemporary home with eco-features. At the same time, we are seeing an increase in the popularity of properties that offer the best of both worlds – period features with 21st Century updates such as wood chip boilers and state of the art insulation.

In West Sussex, we have marketed a wide range of ‘green’ properties, from brand new eco-homes to older properties featuring the latest eco-thinking, so we understand the importance of it and know how to promote it to the best effect and reach the buyers who are motivated by sustainable features. If you have an eco-friendly property, or are looking for one, we would be delighted to help.

4 | For your free market appraisal please call +44 1403 339180 or visit KnightFrank.co.uk/horsham A SELECTION OF PROPERTIES for sale

3. Wisborough Green West Sussex PROPERTIES FOR SALE IN WEST SUSSEX Below we highlight just a small selection of properties currently for sale in West Sussex with Knight Frank. Please call to find out about other properties we have available which suit your requirements.

1. West Grinstead 2. West Chiltington West Sussex West Sussex

1 A well appointed attached 2 A charming Grade II listed 3 A well appointed family home barn conversion situated in village house of immense in a sought after rural location a delightful rural location character. beside the Wey and Arun with views over Knepp Castle Canal. EPC rating F. grounds. EPC rating D.

ww4 bedrooms ww6 bedrooms ww6 bedrooms ww2 reception rooms ww3 reception rooms ww4 reception rooms ww3 bathrooms ww5 bathrooms ww6 bathrooms wwCar barn with attached wwSecondary accommodation wwOutbuilding store room wwPrivate parking wwSwimming pool and wwGarden wwGarden tennis court wwGrounds wwGarden and grounds

In all about 0.3 acre In all about 0.33 acre In all about 6.37 acres

GUIDE PRICE £675,000 GUIDE PRICE £995,000 GUIDE PRICE £1,995,000

6 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/horsham to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call +44 1403 339180 or visit KnightFrank.co.uk/horsham | 7 A SELECTION OF PROPERTIES for sale

4. Pulborough 5. Hickstead 8. Horsham West Sussex West Sussex West Sussex

6. Cowfold 7. Warnham West Sussex West Sussex

4 Attractive detached family 5 A beautiful Grade II listed 6 An outstanding country house 7 Magnificent major portion of 8 An attractive farmhouse in an house with annexe located on property with an array of fine with far-reaching views across an attractive Grade II listed enviable countryside setting. a private road. EPC rating F. period features. south-facing grounds towards Georgian mansion. the South Downs.

ww5 bedrooms ww7 bedrooms ww8 bedrooms ww3 bedrooms ww5 bedrooms ww4 reception rooms ww3 reception rooms ww6 reception rooms ww2 reception rooms ww3 reception rooms ww3 bathrooms ww3 bathrooms ww5 bathrooms ww3 bathrooms ww3 bathrooms wwSecondary accommodation wwFamily snug room wwGames room wwPrivate terrace wwGardens, grounds and paddock wwGaraging wwDetached double garage wwSwimming pool wwPrivate parking wwHeated swimming pool wwLandscaped gardens wwGarden and grounds wwGarden and grounds, wwCommunal gardens wwAll weather tennis court including orchard

In all about 0.6 acre In all about 2 acres In all about 6.95 acres In all about 14 acres (communal) In all about 4.3 acres

GUIDE PRICE £650,000 GUIDE PRICE £1,250,000 GUIDE PRICE £2,350,000 GUIDE PRICE £835,000 GUIDE PRICE £1,500,000

8 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/horsham to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call +44 1403 339180 or visit KnightFrank.co.uk/horsham | 9 A SELECTION OF RECENTLY SOLD PROPERTIES

2. Alfriston SOLD 3. Pulborough SOLD GUIDE PRICE GUIDE PRICE West Sussex £1,450,000 West Sussex £1,250,000 PROPERTIES sold IN WEST SUSSEX 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 West Sussex.

1. Tismans Common SOLD 4. Horsham SOLD GUIDE PRICE GUIDE PRICE West Sussex £1,275,000 West Sussex £990,000

10 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/horsham to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call +44 1403 339180 or visit KnightFrank.co.uk/horsham | 11 A SELECTION OF RECENTLY SOLD PROPERTIES

5. Storrington SOLD 6. West Grinstead SOLD 8. Horsham SOLD 9. Horsham SOLD GUIDE PRICE GUIDE PRICE GUIDE PRICE GUIDE PRICE West Sussex £1,150,000 West Sussex £1,650,000 West Sussex £1,795,000 West Sussex £1,250,000

7. Horsham SOLD 10. Ditchling SOLD OFFERS IN EXCESS OF GUIDE PRICE West Sussex £4,950,000 East Sussex £1,200,000

12 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/horsham to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call +44 1403 339180 or visit KnightFrank.co.uk/horsham | 13 Selling, letting, consulting and research Knight Frank services

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%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/horsham to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call +44 1403 339180 or visit KnightFrank.co.uk/horsham | 15 loan against fine wine

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3416 KFF edit to Country view back cover.indd 1 06/12/2013 17:05