local View THE COTSWOLDS - STOW-ON-THE-WOLD 2014
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1 local View THE COTSWOLDS - STOW-ON-THE-WOLD 2014
2 WELCOME TO LOCAL VIEW Welcome to our first edition of Local View, a seasonal update on the property markets that matter to you. Along with a brief review of activity in Stow-on-the-Wold, we have also included a preview of just some of the beautiful properties we currently have available. Please contact your local team for more information and to find out what other opportunities we can offer. WHERE DO OUR BUYERS COME FROM? MEET THE TEAM Rupert Wakley T rupert.wakley@knighfrank.com Specialism: Country and village properties Years at Knight Frank: 9 We truly believe we offer the best local, regional and national coverage with the technology and experience to expose any property to the widest market. We already have a lot of frustrated buyers looking in the Cotswolds, therefore new property to the market will be the key to the early part of Rupert Wakley Office Head Stow-on-the-Wold, Moreton-in-Marsh, Chipping Campden and Burford offer an excellent choice of shopping, pubs and restaurants, and Daylesford Organic Farm Shop is only three miles from Stow-on-the-Wold. The Cotswolds are well supported by roads including the M40 to the south east, A40 and A429 (the Fosse Way) to the south, along with the M4 and the M5. Mainline rail services run to London Paddington from Charlbury, Kingham and Moretonin-Marsh (from 90 minutes). There are a great selection of state, grammar and private schools to suit most requirements, notably Chipping Campden School, The Cotswold School, Kitebrook, Tudor Hall and the Cheltenham Colleges. 21% 66% London and International SALES BY PRICE BAND 13% South West Rest of the UK Leigh Glazebrook T leigh.glazebrook@knightfrank.com Specialism: Country and village properties Years at Knight Frank: 1 Claire Taylor T claire.taylor@knightfrank.com Specialism: Marketing Years at Knight Frank: started slowly in the Cotswolds due to the late spring and the uncertainty in the economic climate. The second six months showed a real turnaround with some of our best months since the height of the market in Last year saw the return of the London buyer, taking advantage of the growth in the capital over previous years and appreciating the differential in country market values. Buyers confidence has returned, but there are signs of a lack of supply and this could result in a number of frustrated buyers in We have recently opened our new office in Stow-on-the-Wold having previously serviced the area from Cirencester, Oxford, Stratford-upon-Avon and Cheltenham. Stow-on-the-Wold has an enormous amount to offer a buyer being surrounded by some of the prettiest market towns and villages in the Cotswolds with breathtaking countryside. Last year marked the first Knight Frank Day of Giving, a venture rolled out across all of the Knight Frank offices in the UK. Knight Frank chose five charities each with the future of securing the next generation: LandAid, Kids Company, Mary s Meals, The MPS Society and Barnardo s. Across the country Knight Frank raised over 100,000. With the new coverage of the Stow-on-the-Wold office and the support of 22 individual offices in London, Knight Frank are looking forward to a productive time in the Cotswolds through 2014, offering a passionately professional service. For your free market appraisal please call Knight Frank Stow-on-the-Wold Brett House, Park Street, Stow-on-the-Wold, GL54 1AG 40% 40% 20% Under 750k 750k - 1.5m Over 1.5m WHAT ARE OUR BUYERS LOOKING TO SPEND? 44% 28% 28% Under 750k 750k - 1.5m Over 1.5m Atty Beor-Roberts T atty.beor-roberts@knightfrank.com Specialism: Country houses Years at Knight Frank: 29 Rupert Sweeting T rupert.sweeting@knightfrank.com Specialism: Country houses Years at Knight Frank: 26 Peter Edwards T peter.edwards@knightfrank.com Specialism: Country houses Years at Knight Frank: 9 2 Local View Local View 3
3 a lifestyle choice CHEDWORTH GLOUCESTERSHIRE 1,500,000 TURKDEAN GLOUCESTERSHIRE 4,950,000 CHEDWORTH GLOUCESTERSHIRE 1,295,000 SHERBORNE GLOUCESTERSHIRE 875,000 Making the move from city to country The diverging fortunes of the prime London property market when compared with the country house market is helping to fuel a steady exodus from the capital to the countryside. For many, the meteoric rise in the value of their London home in recent years is providing the perfect springboard to greener pastures. From 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 Stow-on-the-Wold, 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 or visit KnightFrank.co.uk/stow
4 A SELECTION OF PROPERTIES for sale 3. Northleach 4. Broadwell 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 suit your requirements. 1. Broadwell 2. Chipping Campden 5. Little Rissington 6. Turkdean 1 A beautiful Grade II* listed Cotswold manor house with views and superb family and entertaining space. 2 Unique Grade II listed former mill house in a fantastic semi-rural position with exceptional views. 3 An historic Cotswold stone house previously run as a Bed & Breakfast with a detached cottage. 4 Picturesque Cotswold farmhouse with renovation opportunities situated in the middle of its own land. EPC rating F. 5 A private country house sitting in 9.4 acres in the heart of the Cotswolds with exceptional views. EPC rating F. 6 A charming Grade II listed former Rectory with far-reaching views and extensive grounds. w6 reception rooms w8 bedrooms w5 bathrooms wsecondary accommodation wlandscaped gardens and tennis court wequestrian facilities w3 reception rooms w5 bedrooms w3 bathrooms wbeautiful gardens wstabling and garage w4 reception rooms w9 bedrooms w7 bathrooms wtwo bedroom detached cottage wsummer house w3/4 reception rooms w5-9 bedrooms w2/3 bathrooms wdelightful gardens and grounds wtennis court wequestrian facilities w3 reception rooms w5 bedrooms w3 bathrooms wattractive gardens and tennis court wstable block w3 reception rooms w6 bedrooms w3 bathrooms wtennis court wpaddock and woodland In all about acres In all about 1.65 acres Approximately 4,574 sq ft In all about 83.4 acres In all about 9.4 acres In all about 2.9 acres 6,950,000 1,800, ,000 3,400,000 OFFERS IN EXCESS OF 1,600,000 2,600,000 6 Visit My Knight Frank at KnightFrank.co.uk/stow to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call or visit KnightFrank.co.uk/stow 7
5 A SELECTION OF PROPERTIES for sale 7. Hampnett 8. Childswickham WoRcestershire 11. Long Compton 12. Moreton-in-Marsh 9. Chilson 10. Charlbury 13. Upper Oddington 14. Withington 7 An immaculately refurbished edge of village house with stunning Cotswold views. EPC rating E. 8 A charming period village house including a flat sitting in half an acre of attractive gardens. EPC rating D. 9 A beautifully presented Cotswold house in a pretty village surrounded by rolling countryside. EPC rating F. 10 A Cotswold family house near Charlbury with exceptional views, studio barn and an acre of grounds. EPC rating E. 11 An impressive and secluded edge of village house set in open countryside with views. 12 A substantial Cotswold family house with views and easy access to excellent schooling. EPC rating E. 13 An elegant Cotswold village house set in exceptional gardens. EPC rating E. 14 A Grade II* listed Cotswold Rectory with medieval origins with extensive gardens and fine views. w4 reception rooms w7 bedrooms w6 bathrooms wsecondary accommodation wlandscaped gardens and parkland with small lake woutdoor swimming pool and tennis court w6 reception rooms w4/5 bedrooms w3/4 bathrooms wintegral self-contained flat wattractive gardens wdouble garage w2 reception rooms w3 bedrooms wbathroom wwalled garden w2 reception rooms w4/5 bedrooms wbathroom wsecondary accommodation wold dairy and car port woutbuildings w2 reception rooms w6 bedrooms w4 bathrooms wattractive landscaped gardens wtriple car port w4 reception rooms w5 bedrooms w4 bathrooms wguest annexe wdouble garage and stabling w4 reception rooms w5 bedrooms w2 bathrooms wlandscaped gardens and grounds wtriple garage and store with room above wtennis court w7 reception rooms w6 bedrooms w5 bathrooms wsecondary accommodation wstables, tennis court and swimming pool wwalled garden, lake and woodland In all about 6.08 acres In all about 0.5 acre Approximately 1,442 sq ft In all about 0.89 acre In all about 1 acre In all about 2.8 acres In all about 1.75 acres In all about 6.4 acres 6,250,000 1,095, , ,000 1,750,000 1,650,000 1,500,000 3,500,000 8 Visit My Knight Frank at KnightFrank.co.uk/stow to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call or visit KnightFrank.co.uk/stow 9
6 A SELECTION OF RECENTLY PROPERTIES 5. Cherington 2,000, Great Rissington 1,250,000 PROPERTIES 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. Sherborne 875, Blockley 1,300, Burford 12,000, Farmington 2,800, Clapton-on-the-Hill 1,300, Lower Slaughter 1,375, Chipping Campden 1,800, Sherborne 3,500, Visit My Knight Frank at KnightFrank.co.uk/stow to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call or visit KnightFrank.co.uk/stow 11
7 A SELECTION OF RECENTLY PROPERTIES 11. Honington 695, Wyck Rissington 2,750, Turkdean 4,950, Chipping Norton 315, Taynton 1,685, Cherington 1,720, Chipping Norton 500, Toddington 1,500, Little Wolford 1,395, Long Compton 500, Weston Subedge 1,950, Sutton-under-Brailes 3,000, Visit My Knight Frank at KnightFrank.co.uk/stow to register for alerts on the best properties for sale and research from around the world For your free market appraisal please call or visit KnightFrank.co.uk/stow 13
8 Selling, letting, consulting and research Knight Frank services Hampstead $EHUGHHQ St John's Wood Global SCOTLAND & NORTH ENGLAND Edinburgh Lauder Aberdeen Glasgow Newcastle upon Tyne Coverage Local Global Headquarters 55 Baker Street London W1U 8AN T NORTHERN ENGLAND Harrogate Leeds Manchester Sheffield Reach CENTRAL Cirencester Cheltenham Oxford Worcester Hereford Stratford-upon-Avon Stow-on-the-Wold Birmingham Cardiff Hyde Park HOME COUNTIES Ascot* Esher* Cobham* Virginia Water Haslemere Horsham Guildford* Tunbridge Wells Sevenoaks Berkhamsted Beaconsfield* Henley* Milton Keynes Notting Hill Kensington South Kensington (GLQEXUJK *ODVJRZ /DXGHU Chelsea 1HZFDVWOH XSRQ 7\QH Fulham Richmond Head Office Marylebone Islington City Mayfair Wapping Belgravia Knightsbridge Canary Wharf Battersea Riverside London Offices Wandsworth Wimbledon SOUTH WEST Hungerford Basingstoke Winchester Exeter Bath Bristol Sherborne +DUURJDWH /HHGV 0DQFKHVWHU 6KHIILHOG %LUPLQJKDP * Indicates offices with both sales and lettings teams Commercial offices 6WUDWIRUG XSRQ $YRQ :RUFHVWHU 6WRZ RQ WKH :ROG 0LOWRQ.H\QHV +HUHIRUG &KHOWHQKDP &LUHQFHVWHU &DUGLII %ULVWRO %DWK 6KHUERUQH Whether you are buying a beautiful house for personal enjoyment or want to invest in a portfolio of rental properties, we can help. 2[IRUG %HUNKDPVWHG %HDFRQVILHOG +HQOH\ $VFRW LONDON (VKHU +XQJHUIRUG 9LUJLQLD &REKDP 6HYHQRDNV %DVLQJVWRNH :DWHU 7XQEULGJH *XLOGIRUG :HOOV :LQFKHVWHU +DVOHPHUH +RUVKDP ([HWHU BUYING AND SELLING RESIDENTIAL PROPERTY RENTING, LETTING AND MANAGING RESIDENTIAL PROPERTY Finding a property to buy Financing your purchase Property search and acquisition Services for international buyers Investing in property portfolio Valuations Property in central London please contact Noel Flint on UK property outside of London please contact David Peters on Rupert Sweeting on UK farms and estates please contact Clive Hopkins on Property outside of the UK please contact Paddy Dring on Knight Frank s property search service contact Philip Selway on For more information about financing and mortgage options with Knight Frank Finance, please contact Simon Gammon on Finding a property to rent Arranging a tenancy Rental property for corporates Relocation services Valuations Services for landlords Letting your property Property management Lettings management For more information on renting, letting and property management with Knight Frank please contact Tim Hyatt on COMMERCIAL PROPERTY SERVICES Through our global alliance with US based Newmark Grubb Knight Frank, the Commercial division of Knight Frank encompasses over 370 offices worldwide. To find out more about Knight Frank s commercial property services contact John Snow on CONSULTING AND PROFESSIONAL SERVICES Our world-class research team ensures that we lead the field in understanding the key drivers of the residential property market. This means that we price and market property to deliver a sale or rental in the most effective way. Valuations Rural consultancy Country house consultancy Renewables and sustainability Leasehold reform Property research To find out more about Knight Frank s consultancy services contact James Thompson on IMPORTANT NOTICE 1. Particulars: These particulars are not an offer or contract, 3. Regulations etc: Any reference to alterations to, or use 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 OC Our registered 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 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 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 any representations about the property, and accordingly any information given is entirely without responsibility on NEW HOMES AND RESIDENTIAL DEVELOPMENT For more information about our residential development team please contact Stephan Miles-Brown on Visit My Knight Frank at KnightFrank.co.uk/stow to register for alerts on the best properties for sale and research from around the world the part of the agents, seller(s) or lessor(s). 2. Photos etc: The photographs show only certain parts 4. VAT: The VAT position relating to the property (where applicable) may change without notice. Whilst every effort has been made to ensure the accuracy of the information contained in this publication, the publisher cannot accept of the property as they appeared at the time they were responsibility for any errors it may contain. All rights taken. Areas, measurements and distances given are reserved. No part of this publication may be reproduced, approximate only. Any computer generated images (CGI) stored in a retrieval system, or transmitted in any form are indicative only. or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission of Knight Frank LLP, 55 Baker Street, London W1U 8AN. Knight Frank LLP is a limited liability partnership registered in the preparation of the information, analysis, views and projections presented in this report, no responsibility or liability whatsoever can be accepted by Knight Frank LLP for any loss or damage resultant from any use of, reliance on or reference to the contents of this document. As a general report, this material does not necessarily represent the view of Knight Frank LLP in relation to particular properties or projects. Reproduction of this report in whole or in part is not allowed without prior written approval of Knight Frank to the form and content within which it appears. For your free market appraisal please call or visit KnightFrank.co.uk/stow 15
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