local View HAMPSHIRE • 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 Andrew Rome to you. Along with a brief review of activity in Hampshire, we have also included a preview of just T +44 1962 850333 [email protected] some of the beautiful properties we currently have available. Please contact your local team for more Specialism: New Forest and West Hampshire information and to find out what other opportunities we can offer. Years at Knight Frank: 25
2013 was another interesting year in the Hampshire property In October, Knight Frank had its first national Day of Giving, Mark Potter market. It started off slowly as we took a long time to shake with a number of activities taking place from the bizarre to the T +44 1256 350600 off the winter. As a consequence the market was later than exhausting. The net result was that on one day we managed [email protected] normal, which resulted in one of the busiest summers we can to raise in excess of £100,000 for five charities, including Kids 35% 43% 22% Specialism: Prime and super prime markets remember, ironically helped by the good weather. It is not just Company and Land Aid. A real testament to all who took part. London and South East Rest of UK International Years at Knight Frank: 13 economics that drive the country house market! Our offices in, or covering part of, Hampshire had a busy year The London market has been in its own bubble but through with new buyers and the supply of houses up by 11%. With George Clarendon our network of offices in London we have begun to see the offices in Winchester, Basingstoke, Hungerford and Haslemere SALES BY PRICE BAND return of these buyers who now wish to make a move. Not all covering the whole county, our many years of experience and T +44 1962 850333 [email protected] are selling their houses and have been able to take advantage our local and national knowledge, we are ideally placed to help Specialism: Village and Country houses of some wonderful mortgage deals arranged for them by so please call. We would love to hear from you. Years at Knight Frank: 13 Knight Frank Finance, thus enabling them to buy and our clients to sell.
Throughout 2013 30% of our buyers originated from London, Shaun Hobbs For your free market appraisal, please contact your local team while 43% came from the Home Counties, 22% from the rest T +44 1256 350600 of the UK and 5% from overseas. It remains critical therefore Knight Frank Winchester [email protected] to use an agent who can cover the market. Just putting a house 14/15 Jewry Street, Winchester, Hampshire SO23 8RZ 80% 13% 7% Specialism: Country houses on the internet is simply not enough. +44 1962 850333 Under £1.5m £1.5m - £3m Over £3m Years at Knight Frank: 13 Furthermore, when looking back over a year, it is always Knight Frank Basingstoke 27 London Road, Basingstoke, Hampshire RG21 7PG surprising to see that some of the most successful sales take WHAT ARE OUR BUYERS LOOKING TO SPEND? +44 1256 350600 Tom Woods place early in the year. Buyers frequently decide to move before T +44 1962 850333 the majority of houses come to the market and it is therefore Knight Frank Hungerford [email protected] Ramsbury House, 22 High Street, Hungerford RG17 0NF worth considering selling earlier than one may have thought. Specialism: Country and city markets +44 1488 682726 Autumn was the busiest we have seen for a long time and Years at Knight Frank: 10 continued into November and December and we expect it Knight Frank Haslemere to start early in 2014 as well. This, combined with a General 1 West Street, Haslemere, Surrey GU27 2AB +44 1428 770560 Election in 2015, would mean we would strongly recommend Edward Cunningham action earlier rather than later. KnightFrank.co.uk/hampshire T +44 20 7861 1080 [email protected] 76% 12% 12% Specialism: Prime and super prime markets Under £1.5m £1.5m - £3m Over £3m Years at Knight Frank: 5
2 | Local View Local View | 3 a lifestyle choice
AXFORD GUIDE PRICE HAMBLEDON GUIDE PRICE EXTON GUIDE PRICE £2,650,000 £5,750,000 £5,250,000
he diverging fortunes of the prime London property market when compared Making the with the country house market is helping to fuel a steady exodus from the T capital to the countryside. For many, the meteoric rise in the value of their move from London home in recent years is providing the perfect springboard to greener pastures.
city to country From Hampshire to Worcestershire, 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 Hampshire, 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 1962 850333 or visit KnightFrank.co.uk/winchester or +44 1256 350600 or visit KnightFrank.co.uk/basingstoke A SELECTION OF PROPERTIES for sale
3. East Meon PROPERTIES FOR SALE IN HAMPSHIRE Below we highlight just a small selection of properties currently for sale in Hampshire with Knight Frank. Please call to find out about other properties we have available which suit your requirements.
1. Lymington 2. Baughurst 4. Kingsclere
1 Family home in beautiful 2 Farmhouse with superb 3 Beautifully modernised and 4 Grade II listed family house. gardens. EPC rating D. equestrian facilities. extended Grade II listed house EPC ratings D & F. with breathtaking views.
ww4 reception rooms ww2 reception rooms ww5 reception rooms ww5 reception rooms ww4 bedrooms wwLifestyle kitchen/family/ ww7 bedrooms ww6 bedrooms ww2 bathrooms dining room ww7 bathrooms ww3 bedroom cottage wwSwimming pool ww5 bedrooms wwStaff house wwSwimming pool wwBothy and garage wwGames/garden room wwPool house and swimming pool wwTennis court wwGardens and paddock ww11 loose boxes wwTennis court wwOutbuildings wwAll weather manège
In all about 3.41 acres In all about 14.69 acres In all about 9 acres In all about 17 acres
GUIDE PRICE £1,450,000 GUIDE PRICE £1,695,000 GUIDE PRICE £8,500,000 GUIDE PRICE £2,650,000
6 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/winchester and KnightFrank.co.uk/basingstoke to register for property alerts and research from around the world For your free market appraisal please call +44 1962 850333 or visit KnightFrank.co.uk/winchester or +44 1256 350600 or visit KnightFrank.co.uk/basingstoke | 7 A SELECTION OF PROPERTIES for sale
5. Hunton 6. Ramsdean 9. Stockbridge 10. North Waltham
7. Alresford 8. Hartley Wintney 11. Avington 12. Ecchinswell
5 Barn style house in rural setting 6 Attractive farmhouse in 7 Historic Georgian house 8 Beautifully presented country 9 Imposing brick and flint house 10 Village house with great 11 Former Victorian school close 12 Secluded lakeside home. close to Winchester. picturesque countryside. and cottage. house set in lovely gardens. with far-reaching views. character. EPC rating D. to Winchester. EPC rating D. EPC rating E. EPC rating A. EPC rating D. EPC rating F.
ww3 reception rooms wwSitting room ww3 reception rooms ww6 reception rooms ww4 reception rooms ww3 reception rooms ww4 reception rooms ww2 reception rooms wwKitchen/dining room wwKitchen/dining room ww5 bedrooms ww6 bedrooms ww6 bedrooms wwLarge kitchen/breakfast room ww7 bedrooms wwKitchen/breakfast room ww4 bedrooms ww5 bedrooms ww2 bathrooms ww5 bathrooms ww4 bathrooms ww6 bedrooms ww4 bathrooms ww5 bedrooms ww2 bathrooms ww3 bathrooms wwStable cottage wwBothy wwMedia room ww4 bathrooms wwTriple garage ww4 bathrooms wwDetached garage with storage ww1 bedroom annexe wwWest facing garden wwSwimming pool wwDouble garage and car port wwGuest annexe with bathroom wwWell designed and wwOutbuilding wwGarage/workshop wwGarage wwTennis court with studio wwOutbuildings planted garden wwSummerhouse ww2 stables
In all about 0.66 acre In all about 10.6 acres In all about 14.45 acres In all about 4.5 acres In all about 2.2 acres In all about 0.77 acre In all about 1.86 acres
GUIDE PRICE £1,250,000 GUIDE PRICE £1,295,000 GUIDE PRICE £1,995,000 GUIDE PRICE £4,600,000 GUIDE PRICE £1,975,000 GUIDE PRICE £1,300,000 GUIDE PRICE £1,800,000 GUIDE PRICE £1,275,000
8 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/winchester and KnightFrank.co.uk/basingstoke to register for property alerts and research from around the world For your free market appraisal please call +44 1962 850333 or visit KnightFrank.co.uk/winchester or +44 1256 350600 or visit KnightFrank.co.uk/basingstoke | 9 A SELECTION OF PROPERTIES for sale
13. Bramshill 14. West Meon 17. Warnford 18. Nether Wallop
15. Beaulieu 16. Swanmore 19. Mortimer 20. Amport
13 Superb country house in 14 Country house in the Meon 15 Spectacular country retreat on 16 Wonderful house in the Meon 17 Spacious house in need of 18 Spacious and elegant 18th 19 Stylish new country house in a 20 Modern mill house in secluded grounds. EPC rating C. Valley. EPC rating D. the Beaulieu River. EPC rating F. Valley. EPC rating F. modernisation. EPC rating E. century barn conversion. fine setting. EPC rating A. picturesque setting. EPC rating D.
ww6 reception rooms ww3 reception rooms ww5 reception rooms ww3 reception rooms ww4 reception rooms wwDouble height kitchen/dining/ ww3 reception rooms ww4 reception rooms ww6 bedrooms ww5/6 bedrooms ww5 bedrooms ww4/5 bedrooms ww4 bedrooms sitting room wwLarge kitchen/breakfast room ww6 bedrooms ww2 bedroom cottage ww3 bathrooms wwCottage ww3 bathrooms wwCottage ww2 reception rooms ww4 bedrooms ww4 bathrooms ww1 bedroom flat wwSwimming pool wwSecondary house wwGaraging wwFlat ww6 bedrooms ww3 bathrooms ww2 bedroom cottage wwExtensive outbuildings wwStabling wwSwimming pool and wwStable block wwStables and outbuildings ww5 bathrooms wwConservatory wwSeparate gym wwSwimming pool and tennis court ww3 paddocks tennis court wwGarden and paddock wwGardens and paddocks wwHayloft building with potential wwLandscaped garden wwOutbuildings ww30 metre hard river jetty wwGaraging wwGardens, paddock
and mill pond
In all about 334.65 acres In all about 1.8 acres In all about 36.62 acres In all about 1.83 acres In all about 4 acres In all about 0.35 acre In all about 1.5 acres In all about 4.5 acres
GUIDE PRICE £7,950,000 GUIDE PRICE £2,150,000 GUIDE PRICE £15,250,000 GUIDE PRICE £1,550,000 GUIDE PRICE £1,600,000 GUIDE PRICE £1,650,000 GUIDE PRICE £1,150,000 GUIDE PRICE £2,250,000
10 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/winchester and KnightFrank.co.uk/basingstoke to register for property alerts and research from around the world For your free market appraisal please call +44 1962 850333 or visit KnightFrank.co.uk/winchester or +44 1256 350600 or visit KnightFrank.co.uk/basingstoke | 11 A SELECTION OF RECENTLY SOLD PROPERTIES
SOLD SOLD 5. Bentworth GUIDE PRICE 6. Lower Swanwick GUIDE PRICE £3,200,000 £2,750,000 PROPERTIES sold IN hampshire 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 Hampshire.
SOLD SOLD SOLD SOLD 1. Farley Hill GUIDE PRICE 2. Kings Somborne GUIDE PRICE 7. West Tytherley GUIDE PRICE 8. Bramley GUIDE PRICE £1,750,000 £1,100,000 £1,300,000 £950,000
SOLD SOLD SOLD SOLD 3. Cheriton GUIDE PRICE 4. Lower Wield GUIDE PRICE 9. Broughton GUIDE PRICE 10. Upton Grey GUIDE PRICE £950,000 £2,250,000 £2,950,000 £1,000,000
12 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/winchester and KnightFrank.co.uk/basingstoke to register for property alerts and research from around the world For your free market appraisal please call +44 1962 850333 or visit KnightFrank.co.uk/winchester or +44 1256 350600 or visit KnightFrank.co.uk/basingstoke | 13 A SELECTION OF RECENTLY SOLD PROPERTIES
SOLD SOLD SOLD SOLD 11. Bramdean GUIDE PRICE 12. Michelmersh GUIDE PRICE 17. Hambledon GUIDE PRICE 18. Bentworth GUIDE PRICE £2,500,000 £5,250,000 £2,350,000 £1,400,000
SOLD SOLD SOLD SOLD 13. Baughurst GUIDE PRICE 14. West Meon GUIDE PRICE 19. Nether Wallop GUIDE PRICE 20. Beaulieu GUIDE PRICE £2,650,000 £1,150,000 £2,100,000 £995,000
SOLD SOLD SOLD SOLD 15. Dippenhall GUIDE PRICE 16. Headley GUIDE PRICE 21. West Meon GUIDE PRICE 22. Froxfield GUIDE PRICE £3,500,000 £1,500,000 £15,000,000 £3,250,000
14 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/winchester and KnightFrank.co.uk/basingstoke to register for property alerts and research from around the world For your free market appraisal please call +44 1962 850333 or visit KnightFrank.co.uk/winchester or +44 1256 350600 or visit KnightFrank.co.uk/basingstoke | 15 A SELECTION OF RECENTLY SOLD PROPERTIES
SOLD SOLD SOLD SOLD 23. Stockbridge GUIDE PRICE 24. Froxfield GUIDE PRICE 29. Winchester GUIDE PRICE 30. Beaulieu GUIDE PRICE £2,600,000 £2,495,000 £1,150,000 £1,550,000
SOLD SOLD SOLD SOLD 25. Nether Wallop GUIDE PRICE 26. Freefolk GUIDE PRICE 31. Sherfield-On-Loddon GUIDE PRICE 32. Hurstbourne Tarrant GUIDE PRICE £1,175,000 £1,250,000 £1,425,000 £950,000
SOLD SOLD SOLD SOLD 27. Dogmersfield GUIDE PRICE 28. Breamore GUIDE PRICE 32. Grayshott GUIDE PRICE 33. Beech GUIDE PRICE £2,650,000 £750,000 £1,750,000 £1,150,000
16 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/winchester and KnightFrank.co.uk/basingstoke to register for property alerts and research from around the world For your free market appraisal please call +44 1962 850333 or visit KnightFrank.co.uk/winchester or +44 1256 350600 or visit KnightFrank.co.uk/basingstoke | 17 Selling, letting, consulting and research Knight Frank services
$EHUGHHQ Hampstead
Islington St John's Wood
SCOTLAND & HOME COUNTIES Hyde City Park Head Office NORTH ENGLAND Ascot* Notting Hill Marylebone Canary Edinburgh Esher* Wharf Kensington Mayfair Lauder Cobham* (GLQEXUJK South Wapping Coverage Aberdeen† Virginia Water *ODVJRZ Belgravia Global /DXGHU Kensington Glasgow† Haslemere Knightsbridge Chelsea Newcastle upon Tyne† Horsham Battersea Guildford* 1HZFDVWOH XSRQ7\QH Fulham Riverside NORTHERN ENGLAND Tunbridge Wells Richmond Harrogate Sevenoaks London Offices Leeds† Berkhamsted Manchester† Beaconsfield* Wandsworth Sheffield† Henley* Local Milton Keynes† CENTRAL Wimbledon Global Headquarters Cirencester SOUTH WEST 55 Baker Street Cheltenham Hungerford +DUURJDWH London W1U 8AN Reach Oxford Basingstoke /HHGV Worcester Winchester T +44 20 7629 8171 0DQFKHVWHU Hereford Exeter 6KHIILHOG Stratford-upon-Avon Bath Stow-on-the-Wold Bristol Birmingham† Sherborne Cardiff†
%LUPLQJKDP * Indicates offices with both sales and lettings teams 6WUDWIRUGXSRQ$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.
18 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/winchester and KnightFrank.co.uk/basingstoke to register for property alerts and research from around the world For your free market appraisal please call +44 1962 850333 or visit KnightFrank.co.uk/winchester or +44 1256 350600 or visit KnightFrank.co.uk/basingstoke | 19 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
3424 Rural Consultancy Ad country view_V6.indd 1 12/12/2013 12:19