‘knight frank local view worcestershire 2014’ · pick the right location, and you can even find...

local ViewWORCESTERSHIRE • 2014

20% 67%West Midlands

13%Rest of the UK

80%Under £1m

15%£1m - £2m

5%Over £2m

77%Under £1m

18%£1m - £3m

5%Over £3m

London and International

For your free market appraisal please call +44 1905 723438

Knight Frank Worcestershire 5 College Street, Worcester WR1 2LU

The young but experienced team here in the Worcester office have been very busy, not just selling houses and land, but raising money for various charitable causes too. The inaugural Knight Frank “Day of Giving” took place in October; with the Worcester office challenge to climb the five summits of landmark Hills within the Three Counties, between dawn and dusk. The day was a fantastic success, with the total amount raised by Knight Frank exceeding the £20,000 target, at over £103,000 with donations still coming in.

From our hills you can see why Worcestershire remains a popular destination for buyers moving to and within the West Midlands. An increasing majority of buyers we deal with come from outside the county and this is encouraged by our national office network facilitating the movement of buyers in the Midlands and Cotswolds.

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 Worcestershire, we have also included a preview of just some of the beautiful properties we currently have available. Please contact our local team for more information and to find out what other opportunities we can offer.

“After a strong 2013, confidence is up and the housing market remains firm. This gives a strong grounding to 2014 which will be a good year.”

Will KertonOffice Head

Harry Bethell LLB (Hons)T +44 1905 [email protected]: Town and country homes in East WorcestershireYears at Knight Frank: 1

Will Kerton MSc MRICST +44 1905 [email protected]: Auctions, country homes and farmsYears at Knight Frank: 14

Charles ProbertT +44 1905 [email protected]: Town and country homes in West WorcestershireYears at Knight Frank: 3

Peter Edwards BA (Hons) MAT +44 020 7861 [email protected]: Country houses and estatesYears at Knight Frank: 10

Tim Woods ceMapT +44 1372 [email protected]: FinanceYears at Knight Frank: 4

James Prewett BSc (Hons) MRICS FAAVT +44 884 [email protected]: Farms and estatesYears at Knight Frank: 5

MEET THE TEAM

In the past year, we have seen 24 Lots of property and land go to auction. Some lots achieved well in excess of their price guides indicating how the heart can rule the head.

The highest proportion of sales has been below £1,000,000 and characteristically these sales have been for necessity reasons, be it relocation or serious life changing circumstances. The £2,000,000 plus bracket has seen the lowest number of sales, due to buyers looking carefully at a lifestyle change that can take them into one of many counties. There is a marked difference in the timescales of sale between these two bands, with the sub £1,000,000 bracket happening a lot more quickly.

After a strong 2013, confidence is up and the housing market remains firm. This gives a strong grounding to 2014 which will be a good year. We hope to see enough instructions coming forward to meet demand, and at the start of this year demand is exceeding supply in the county. Those sellers looking at next year need to promote their homes with the best marketing to the national buyers, and in particular those coming from the South East. Presenting them well with a carefully set guide price will ensure the best sale results are achieved.

The difference in values between Worcestershire and the South East is at a high. The penny is dropping!

SALES BY PRICE BAND

WHAT ARE OUR BUYERS LOOKING TO SPEND?

WHERE DO OUR BUYERS COME FROM?

Local View | 32 | Local View

BRITANNIA SQUARE GUIDE PRICEWORCESTER CITY £545,000

THE LICKEY HILLS GUIDE PRICEWORCESTERSHIRE £895,000

GREAT MALVERN GUIDE PRICEWORCESTERSHIRE £495,000

NEAR PERSHORE GUIDE PRICEWORCESTERSHIRE £1,950,000

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 Worcestershire, we find that a great many sales 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

4 | For your free market appraisal please call +44 1905 723438 or visit KnightFrank.co.uk/worcester

a lifestyle choice

A SELECTION OF PROPERTIES for sale

1. WORCESTER CITY WORCESTERSHIRE

2. Colwall Herefordshire/Worcestershire border

1 AmagnificentVictorianRectorywithstunningviewslookingoutovertheCitytowardstheMalvernHills.

w 4receptionrooms w Conservatory w 6bedrooms w 6bathrooms w Attractivegardens w Secureoffroadparking

Inallabout0.29acre

GUIDE PRICE £795,000

2 OneofthegreathousesoftheHerefordshire/Worcestershireborders.

w 5receptionrooms w 8bedrooms,3bathrooms w 2bedroomstaff/guestannexe w Domesticoffices,extensiveperiodoutbuildings

w 3bedroomcottage(Lot2) w 3bedroomlodge(Lot3)

Inallabout19.7acres

GUIDE PRICE £2,100,000

3 AfineEdwardianresidencesituatedonthewesternslopesoftheMalvernHills,withexceptionalviewsoverHerefordshire.EPCratingE.

w 3receptionrooms w 5bedrooms w 2bathrooms w Verandah w Tenniscourt w Gardensandgrounds includingwoodland

Inallabout2.5acres


4 AGradeIIlistedtimberframedhouseinidyllicsetting.

w 4receptionrooms w 4bedrooms w 2bathrooms w Doublegarage w Gardensandgrounds andpaddocks

w Streamandpond

Inallabout4acres


5 LoftstylelivinginastunningruralsettingoverlookingtheMalvernHills.EPCratingF.

w Largeopenplanlivingspace w Cinema,gym,secondreception,2studies

w 6bedrooms,3bathrooms w Courtyardwithtraditionalbarnstorageandworkshop

w 2bedroomcottage w Gardensandpastureland

Inallabout7.37acres


6 Setinitsownvalleywithcourtyardbuildingsofferingpotentialancillaryaccommodation.EPCratingD.

w 4receptionrooms w 5/6bedrooms w 3bathrooms w Coachhouseofficeandstudio w Enclosed26ftlongstableyard w Alsoavailable4.45acresofadditionalpastureland

Inallabout14.90acres


3. WEST MALVERN WORCESTERSHIRE

4. Mathon Herefordshire/Worcestershire border

5. Colwall Herefordshire/Worcestershire border

6. WOLVERLEY WORCESTERSHIRE

PROPERTIES FOR SALE IN WORCESTERSHIREBelow we highlight just a small selection of properties currently for sale in Worcestershire 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 1905 723438 or visit KnightFrank.co.uk/worcester | 76 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/worcester to register for alerts on the best properties for sale and research from around the world

A SELECTION OF PROPERTIES for sale

11 Adelightfulruralfarmhousewithfabulousviewsandhavingtwoholidaycottageswithlandsuitableforequineuse. EPCratingD.

w 4receptionrooms w 3bedrooms w 3bathrooms w 2holidaycottages w 3barnswithworkshop andstorage

w Maturegardensandpaddocks



7 AGeorgianfamilyhomeinagloriousruralpositionsurroundedbyitsowngrounds.

w 3receptionrooms w 4bedrooms w 3bathrooms w Gardenandwoodland w Outbuildingsandgaraging w Paddocks,pasture,woodlandandpond

Inallabout4acres


12 AhandsomeGeorgiancountryhouse.EPCratingE.

w 3receptionrooms w 8/9bedrooms,5bathrooms w GradeII*listedCruck framedbarn

w Brickbarnsandhopkilns w Gardens,paddock andwoodland

Inallabout5acres


8 Animpressive‘HufHaus’providingstateoftheartliving,beautifullyconstructedin2005byanawardwinninghousecreator.EPCratingB.

w 5receptionrooms andplantroom

w 5bedrooms w 3bathrooms w 3balconies w Garden,longdriveway w Woodlandandfields

Inallabout9.10acres


13 AnhistoricGradeII*WilliamandMarycountryhouse.

w 6receptionrooms w 7bedrooms,7bathrooms w Courtyardofbarns w Swimmingpool w Grounds,stabling,paddocks,pondsanddovecote

w Availableasawholeor inseparatelots



9 Afineandimposingcountryhouseinacommandingposition.EPCratingF.

w 5receptionrooms w 7bedrooms,4bathrooms w Self-contained2bedroomannexe

w Tenniscourt w Formalgardens w Parklandandpastureland



14 Arefurbishedtimberframedfarmhouseinidyllicruralposition.

w 4receptionrooms w 7bedrooms w 4bathrooms w Maturegardens w Outbuildingsandtriple-bayparkingbarnwithstore

w Ringfencedgrassland

Inallabout9.5acres


10 Edgeofvillagecountryhousewithriverfrontage. EPCratingF.

w 6receptionrooms w 7bedrooms,4bathrooms w 2bedroomcottage w Snookerroom,gym, swimmingpool

w Grounds,paddocksandstabling w Riverfrontagewithmooringandfishingrights

Inallabout24acres


11. UPPER SAPEY WORCESTERSHIRE

7. Mamble Worcestershire

12. NEAR LEDBURY HEREFORDSHIRE

8. BURCOT WORCESTERSHIRE

13. WICHENFORD WORCESTERSHIRE

9. Tedstone Delamere Herefordshire/Worcestershire border

14. WICHENFORD WORCESTERSHIRE

10. BIRLINGHAM WORCESTERSHIRE


A SELECTION OF RECENTLY SOLD PROPERTIES

5. CHURCH LENCH WORCESTERSHIRE

SOLDGUIDEPRICE

£875,000

6. DUNHAMPSTEAD WORCESTERSHIRE

SOLDGUIDEPRICE

£975,000

7. ECKINGTON WORCESTERSHIRE

SOLDGUIDEPRICE

£2,500,000

1. BArnt Green birmingham

SOLDGUIDEPRICE

£895,000

8. NR PERSHORE WORCESTERSHIRE

SOLDGUIDEPRICE

£1,950,000


SOLDGUIDEPRICE

£450,000

9. MAMBLE WORCESTERSHIRE

SOLDGUIDEPRICE

£510,000

3. BLACKWELL WORCESTERSHIRE

SOLDGUIDEPRICE

£1,500,000

SOLDGUIDEPRICE

£725,000

10. TEDSTONE WAFRE HEREFORDSHIRE

4. NEAR OMBERSLEY WORCESTERSHIRE

SOLDGUIDEPRICE

£975,000

PROPERTIES sold IN WORCESTERSHIREOur 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 area.


A SELECTION OF RECENTLY SOLD PROPERTIES

17. HIMBLETON WORCESTERSHIRE

SOLDGUIDEPRICE

£549,000

SOLDGUIDEPRICE

£750,000

11. STANFORD BISHOP HEREFORDSHIRE

18. HOPTON WAFERS SHROPSHIRE

SOLDGUIDEPRICE

£835,000

12. KINVER STAFFORDSHIRE

SOLDGUIDEPRICE

£895,000

19. NORTON WORCESTERSHIRE

SOLDGUIDEPRICE

£835,000

13. ABBERLEY WORCESTERSHIRE

SOLDGUIDEPRICE

£695,000

20. GreAT Malvern WORCESTERSHIRE

SOLDGUIDEPRICE

£650,000


SOLDGUIDEPRICE

£725,000

21. ENVILLE STAFFORDSHIRE

SOLDGUIDEPRICE

£625,000

15. HANBURY WORCESTERSHIRE

SOLDGUIDEPRICE

£950,000

22. HANLEY SWAN WORCESTERSHIRe

SOLDGUIDEPRICE

£2,600,000

16. NEAR HIMBLETON WORCESTERSHIRE

SOLDGUIDEPRICE

£595,000


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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Kensington

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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


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It’s not just what we know. It’s who we know.

In addition to being a market leading mortgage broker, our expert knowledge has helped our clients to secure finance against a variety of assets, not simply property.

What sets us apart is who we know. Our long established relationships with an extensive network of lenders and private banks ensure that we get the best terms for our clients, many of which are not available on the high street.

To find out more, please call

+44 1372 434138 KnightFrankFinance.co.uk

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

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