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local ViewHAMPSHIRE • 2014
35% 43%South East
22%Rest of UK
80%Under £1.5m
13%£1.5m - £3m
7%Over £3m
76%Under £1.5m
12%£1.5m - £3m
12%Over £3m
London and International
For your free market appraisal, please contact your local team
Knight Frank Winchester 14/15 Jewry Street, Winchester, Hampshire SO23 8RZ +44 1962 850333
Knight Frank Basingstoke 27 London Road, Basingstoke, Hampshire RG21 7PG +44 1256 350600
Knight Frank Hungerford Ramsbury House, 22 High Street, Hungerford RG17 0NF +44 1488 682726
Knight Frank Haslemere 1 West Street, Haslemere, Surrey GU27 2AB +44 1428 770560
KnightFrank.co.uk/hampshire
2013 was another interesting year in the Hampshire property market. It started off slowly as we took a long time to shake off the winter. As a consequence the market was later than normal, which resulted in one of the busiest summers we can remember, ironically helped by the good weather. It is not just economics that drive the country house market!
The London market has been in its own bubble but through our network of offices in London we have begun to see the return of these buyers who now wish to make a move. Not all are selling their houses and have been able to take advantage of some wonderful mortgage deals arranged for them by Knight Frank Finance, thus enabling them to buy and our clients to sell.
Throughout 2013 30% of our buyers originated from London, while 43% came from the Home Counties, 22% from the rest of the UK and 5% from overseas. It remains critical therefore to use an agent who can cover the market. Just putting a house on the internet is simply not enough.
Furthermore, when looking back over a year, it is always surprising to see that some of the most successful sales take place early in the year. Buyers frequently decide to move before the majority of houses come to the market and it is therefore worth considering selling earlier than one may have thought.
Autumn was the busiest we have seen for a long time and continued into November and December and we expect it to start early in 2014 as well. This, combined with a General Election in 2015, would mean we would strongly recommend action earlier rather than later.
WELCOME TO LOCAL VIEWWelcome to the latest edition of Local View, our seasonal update on the property markets that matter to you. Along with a brief review of activity in Hampshire, 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.
George ClarendonT +44 1962 [email protected]: Village and Country housesYears at Knight Frank: 13
Andrew RomeT +44 1962 [email protected]: New Forest and West HampshireYears at Knight Frank: 25
Mark PotterT +44 1256 [email protected]: Prime and super prime marketsYears at Knight Frank: 13
Shaun HobbsT +44 1256 [email protected]: Country houses Years at Knight Frank: 13
Edward Cunningham T +44 20 7861 [email protected]: Prime and super prime marketsYears at Knight Frank: 5
Tom WoodsT +44 1962 [email protected]: Country and city marketsYears at Knight Frank: 10
MEET THE TEAM
In October, Knight Frank had its first national Day of Giving, with a number of activities taking place from the bizarre to the exhausting. The net result was that on one day we managed to raise in excess of £100,000 for five charities, including Kids Company and Land Aid. A real testament to all who took part.
Our offices in, or covering part of, Hampshire had a busy year with new buyers and the supply of houses up by 11%. With offices in Winchester, Basingstoke, Hungerford and Haslemere covering the whole county, our many years of experience and our local and national knowledge, we are ideally placed to help so please call. We would love to hear from you.
SALES BY PRICE BAND
WHAT ARE OUR BUYERS LOOKING TO SPEND?
WHERE DO OUR BUYERS COME FROM?
Local View | 32 | Local View
AXFORD GUIDE PRICE £2,650,000
EXTON GUIDE PRICE £5,250,000
HAMBLEDON GUIDE PRICE £5,750,000
T he 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 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.
Making the move from
city to country
a lifestyle choice
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
1. Lymington 2. Baughurst
1 Family home in beautiful gardens. EPC rating D.
w 4 reception rooms w 4 bedrooms w 2 bathrooms w Swimming pool w Bothy and garage w Gardens and paddock
In all about 3.41 acres
GUIDE PRICE £1,450,000
2 Farmhouse with superb equestrian facilities. EPC ratings D & F.
w 2 reception rooms w Lifestyle kitchen/family/ dining room
w 5 bedrooms w Games/garden room w 11 loose boxes w All weather manège
In all about 14.69 acres
GUIDE PRICE £1,695,000
3 Beautifully modernised and extended Grade II listed house with breathtaking views.
w 5 reception rooms w 7 bedrooms w 7 bathrooms w Staff house w Pool house and swimming pool w Tennis court
In all about 9 acres
GUIDE PRICE £8,500,000
4 Grade II listed family house.
w 5 reception rooms w 6 bedrooms w 3 bedroom cottage w Swimming pool w Tennis court w Outbuildings
In all about 17 acres
GUIDE PRICE £2,650,000
3. East Meon
4. Kingsclere
PROPERTIES FOR SALE IN HAMPSHIREBelow 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.
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 | 76 | 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
A SELECTION OF PROPERTIES for sale
5 Barn style house in rural setting close to Winchester. EPC rating A.
w 3 reception rooms w Kitchen/dining room w 4 bedrooms w 2 bathrooms w Detached garage with storage
In all about 0.66 acre
GUIDE PRICE £1,250,000
6 Attractive farmhouse in picturesque countryside.
w Sitting room w Kitchen/dining room w 5 bedrooms w 3 bathrooms w 1 bedroom annexe w Garage/workshop
In all about 10.6 acres
GUIDE PRICE £1,295,000
7 Historic Georgian house and cottage.
w 3 reception rooms w 5 bedrooms w 2 bathrooms w Stable cottage w West facing garden w Garage
GUIDE PRICE £1,995,000
8 Beautifully presented country house set in lovely gardens. EPC rating D.
w 6 reception rooms w 6 bedrooms w 5 bathrooms w Bothy w Swimming pool w Tennis court
In all about 14.45 acres
GUIDE PRICE £4,600,000
9. Stockbridge5. Hunton 10. North Waltham6. Ramsdean
11. Avington7. Alresford 12. Ecchinswell8. Hartley Wintney
9 Imposingbrickandflinthousewith far-reaching views. EPC rating F.
w 4 reception rooms w 6 bedrooms w 4 bathrooms w Media room w Double garage and car port with studio
w 2 stables
In all about 4.5 acres
GUIDE PRICE £1,975,000
10 Village house with great character. EPC rating D.
w 3 reception rooms w Large kitchen/breakfast room w 6 bedrooms w 4 bathrooms w Guest annexe with bathroom w Outbuildings
In all about 2.2 acres
GUIDE PRICE £1,300,000
11 Former Victorian school close to Winchester. EPC rating D.
w 4 reception rooms w 7 bedrooms w 4 bathrooms w Triple garage w Well designed and planted garden
In all about 0.77 acre
GUIDE PRICE £1,800,000
12 Secluded lakeside home. EPC rating E.
w 2 reception rooms w Kitchen/breakfast room w 5 bedrooms w 4 bathrooms w Outbuilding w Summerhouse
In all about 1.86 acres
GUIDE PRICE £1,275,000
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 | 98 | 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
A SELECTION OF PROPERTIES for sale
17 Spacious house in need of modernisation. EPC rating E.
w 4 reception rooms w 4 bedrooms w Cottage w Flat w Stables and outbuildings w Gardens and paddocks
In all about 4 acres
GUIDE PRICE £1,600,000
13 Superb country house in secluded grounds. EPC rating C.
w 6 reception rooms w 6 bedrooms w 2 bedroom cottage w 1bedroomflat w Extensive outbuildings w Swimming pool and tennis court
In all about 334.65 acres
GUIDE PRICE £7,950,000
18 Spacious and elegant 18th century barn conversion.
w Double height kitchen/dining/sitting room
w 2 reception rooms w 6 bedrooms w 5 bathrooms w Hayloft building with potential w Garaging
In all about 0.35 acre
GUIDE PRICE £1,650,000
14 Country house in the Meon Valley. EPC rating D.
w 3 reception rooms w 5/6 bedrooms w 3 bathrooms w Swimming pool w Stabling w 3 paddocks
In all about 1.8 acres
GUIDE PRICE £2,150,000
19 Stylish new country house in a finesetting.EPCratingA.
w 3 reception rooms w Large kitchen/breakfast room w 4 bedrooms w 3 bathrooms w Conservatory w Landscaped garden
In all about 1.5 acres
GUIDE PRICE £1,150,000
15 Spectacular country retreat on the Beaulieu River. EPC rating F.
w 5 reception rooms w 5 bedrooms w Cottage w Secondary house w Swimming pool and tennis court
w 30 metre hard river jetty
In all about 36.62 acres
GUIDE PRICE £15,250,000
20 Modern mill house in picturesque setting. EPC rating D.
w 4 reception rooms w 6 bedrooms w 4 bathrooms w 2 bedroom cottage w Separate gym w Outbuildings w Gardens, paddock and mill pond
In all about 4.5 acres
GUIDE PRICE £2,250,000
16 Wonderful house in the Meon Valley. EPC rating F.
w 3 reception rooms w 4/5 bedrooms w 3 bathrooms w Garaging w Stable block w Garden and paddock
In all about 1.83 acres
GUIDE PRICE £1,550,000
17. Warnford13. Bramshill 18. Nether Wallop14. West Meon
19. Mortimer15. Beaulieu 20. Amport16. Swanmore
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 | 1110 | 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
A SELECTION OF RECENTLY SOLD PROPERTIES
5. Bentworth SOLD
GUIDE PRICE £3,200,000
6. Lower Swanwick SOLD
GUIDE PRICE £2,750,000
7. West Tytherley SOLD
GUIDE PRICE £1,300,000
1. Farley Hill SOLD
GUIDE PRICE £1,750,000
8. Bramley SOLD
GUIDE PRICE £950,000
2. Kings Somborne SOLD
GUIDE PRICE £1,100,000
9. Broughton SOLD
GUIDE PRICE £2,950,000
3. Cheriton SOLD
GUIDE PRICE £950,000
10. Upton Grey SOLD
GUIDE PRICE £1,000,000
4. Lower Wield SOLD
GUIDE PRICE £2,250,000
PROPERTIES sold IN hampshireOur 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.
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 | 1312 | 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
A SELECTION OF RECENTLY SOLD PROPERTIES
17. Hambledon SOLD
GUIDE PRICE £2,350,000
11. Bramdean SOLD
GUIDE PRICE £2,500,000
18. Bentworth SOLD
GUIDE PRICE £1,400,000
12. MichelmershSOLD
GUIDE PRICE £5,250,000
19. Nether Wallop SOLD
GUIDE PRICE £2,100,000
13. Baughurst SOLD
GUIDE PRICE £2,650,000
20. BeaulieuSOLD
GUIDE PRICE £995,000
14. West Meon SOLD
GUIDE PRICE £1,150,000
21. West Meon SOLD
GUIDE PRICE £15,000,000
15. Dippenhall SOLD
GUIDE PRICE £3,500,000
22. Froxfield SOLD
GUIDE PRICE £3,250,000
16. Headley SOLD
GUIDE PRICE £1,500,000
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 | 1514 | 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
A SELECTION OF RECENTLY SOLD PROPERTIES
29. Winchester SOLD
GUIDE PRICE £1,150,000
23. Stockbridge SOLD
GUIDE PRICE £2,600,000
30. BeaulieuSOLD
GUIDE PRICE £1,550,000
24. Froxfield SOLD
GUIDE PRICE £2,495,000
31. Sherfield-On-Loddon25. Nether WallopSOLD
GUIDE PRICE £1,175,000
SOLDGUIDE PRICE
£950,00032. Hurstbourne Tarrant26. Freefolk
SOLDGUIDE PRICE
£1,250,000
32. Grayshott SOLD
GUIDE PRICE £1,750,000
27. Dogmersfield SOLD
GUIDE PRICE £2,650,000
33. Beech SOLD
GUIDE PRICE £1,150,000
28. Breamore SOLD
GUIDE PRICE £750,000
SOLDGUIDE PRICE
£1,425,000
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 | 1716 | 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
1. Particulars: These particulars are not an offer or contract,
nor part of one. You should not rely on statements by
Knight Frank LLP in the particulars or by word of mouth or
in writing (‘information’) as being factually accurate about
the property, its condition or its value. Neither Knight
Frank LLP nor any joint agent has any authority to make
any representations about the property, and accordingly
any information given is entirely without responsibility on
the part of the agents, seller(s) or lessor(s).
2. Photos etc: The photographs show only certain parts
of the property as they appeared at the time they were
taken. Areas, measurements and distances given are
approximate only. Any computer generated images (CGI)
are indicative only.
3. Regulations etc: Any reference to alterations to, or use
of, any part of the property does not mean that any
necessary planning, building regulations or other consent
has been obtained. A buyer or lessee must find out by
inspection or in other ways that these matters have been
properly dealt with and that all information is correct.
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
responsibility for any errors it may contain. All rights
reserved. No part of this publication may be reproduced,
stored in a retrieval system, or transmitted in any form
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
England with registered number OC305934. Our registered
office is 55 Baker Street, London, W1U 8AN, where you may
look at a list of members’ names. This report is published
for general information only and not to be relied upon
in any way. Although high standards have been used 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.
IMPORTANT NOTICE
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* Indicates offices with both sales and lettings teams† Commercial offices
Knight Frank services
Global Headquarters55 Baker StreetLondon W1U 8ANT +44 20 7629 8171
Global Coverage
LocalReach
London Offices
BUYING AND SELLING RESIDENTIAL PROPERTY
w Finding a property to buy w Financing your purchase w Property search and acquisition w Services for international buyers w Investing in property portfolio w Valuations
Property in central London please contactNoel Flint on +44 20 7861 5020
UK property outside of London please contactDavid Peters on +44 20 7861 1067Rupert Sweeting on +44 20 7861 1078
UK farms and estates please contactClive Hopkins on +44 20 7861 1064
Property outside of the UK please contactPaddy Dring on +44 20 7861 1061
Knight Frank’s property search service contactPhilip Selway on +44 20 7591 2647
For more information about financing and mortgage options with Knight Frank Finance, please contactSimon Gammon on +44 20 7268 2581
RENTING, LETTING AND MANAGING RESIDENTIAL PROPERTY
w Finding a property to rent w Arranging a tenancy w Rental property for corporates w Relocation services w Valuations w Services for landlords w Letting your property w Property management w Lettings management
For more information on renting, letting and property management with Knight Frank please contactTim Hyatt on +44 20 7861 5044
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 contactJohn Snow on +44 20 7861 1190
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.
w Valuations w Rural consultancy w Country house consultancy w Renewables and sustainability w Leasehold reform w Property research
To find out more about Knight Frank’s consultancy services contact James Thompson on +44 20 7861 1075
NEW HOMES AND RESIDENTIAL DEVELOPMENT
For more information about our residential development team please contact Stephan Miles-Brown on +44 20 7861 5403
Whether you are buying a beautiful house for personal enjoyment or want to invest in a portfolio of rental properties, we can help.
SCOTLAND &NORTH ENGLANDEdinburghLauderAberdeen†Glasgow†Newcastle upon Tyne†
NORTHERN ENGLANDHarrogateLeeds†Manchester†Sheffield†
CENTRALCirencesterCheltenhamOxfordWorcesterHerefordStratford-upon-AvonStow-on-the-WoldBirmingham† Cardiff†
HOME COUNTIESAscot*Esher*Cobham*Virginia WaterHaslemereHorshamGuildford*Tunbridge WellsSevenoaksBerkhamstedBeaconsfield*Henley* Milton Keynes†
SOUTH WESTHungerfordBasingstokeWinchesterExeterBathBristolSherborne
Selling, letting, consulting and research
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 | 1918 | 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
Seeing THE BEST Deals
Understanding THE fi nest INVESTMENTS
WE KNOW FARMS AND ESTATESWe 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 MarHead of Rural Consultancy+44 1488 498 003
Christopher SmithRural 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