‘Knight Frank Local View West Country, 2014’ · 2018-11-05 · TALLAND BAY GUIDE PRICE CORNWALL...

local ViewTHE WEST COUNTRY • 2014

26% 47%Local Area

27%Rest of the UK

46%Under £750k

49%£750k - £3m

5%Over £3m

23%Under £750k

52%£750k - £3m

25%Over £3m

London and International

For your free market appraisal please call +44 1392 423111

Knight Frank Exeter 19 Southernhay East, Exeter, Devon EX1 1QD

The previous 12 months have seen a real sea-change in the whole market in the West Country. Buyer sentiment improved, as did the willingness of vendors to listen to what the market was telling them their property was worth. Year on year we saw the number of sales increase by 52% on the back of viewings increasing by 36% and offers made by 41%.

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 the West Country, 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.

“In 2014 we predict that the market will take off very early in January with a good full 12 months ahead of us for selling.”

Will MorrisonOffice Head

Christopher BaileyT +44 1392 [email protected]: Waterfront and country property throughout South Devon and CornwallYears at Knight Frank: 7

William MorrisonT +44 1392 [email protected] Specialism: Prime country houses and farms and estatesYears at Knight Frank: 15

Richard SpeedyT +44 1392 [email protected]: Waterfront and country property throughout South Devon and CornwallYears at Knight Frank: 10

Chris CliffordT +44 1392 [email protected]: Country property in Devon, West Somerset, Exmoor and DartmoorYears at Knight Frank: 7

Kevin LockyerT +44 1392 [email protected]: Formal valuations for secured lending and tax planning purposesYears at Knight Frank: 5

MEET THE TEAM

As we enter 2014 we are already seeing signs that the market will continue apace this year and certainly we think it is the year for buyers and sellers to get on with things. Without wishing the year away, 2015 will be a General Election year and the market notoriously goes quiet before that event. Our best advice is to take full advantage of the better market 2014 will be. Whilst we are likely to see an increase of property coming to the market in the next 6-12 months, there will be a significant increase in activity from buyers as well. This will be partly fuelled by the Government’s ‘Help to Buy Scheme’ and a lot of vendors and owners have waited for the market to improve before bringing their property to the market.

There is currently activity in the market at all price levels and in all areas with the City, Country and Waterfront markets all improving significantly over the past 6-8 months. Sensible pricing and exceptional presentation and preparation will be the key to achieving a good sale this year.

SALES BY PRICE BAND

WHAT ARE OUR BUYERS LOOKING TO SPEND?

WHERE DO OUR BUYERS COME FROM?

Alasdair Pritchard T +44 20 7861 [email protected]: Prime country and waterfront propertiesYears at Knight Frank: 4

Local View | 32 | Local View

KINGSWEAR GUIDE PRICEDEVON £2,250,000

TALLAND BAY GUIDE PRICECORNWALL £1,950,000

LERRYN GUIDE PRICECORNWALL £630,000

POLPERRO GUIDE PRICECORNWALL £795,000

A s an island nation, Britain has an enduring fascination with water and it’s a relationship that’s directly reflected in the prices we are prepared to pay for a sea view or river frontage property. In some of the most prized locations,

the premium stands at over 100%.

Despite having thousands of miles of coastline and estuaries, the UK still has an under supply of waterfront properties. With more people wanting to live by our beaches and rivers than properties available, market forces have driven prices up significantly over the years.

For some it’s a retirement choice – the lure of a quiet life fishing and messing about in boats. For others it’s a lifestyle change, swapping their home in the commuter belt for more space and a gentler pace of life. Then there are the second-homers. A waterside bolthole for the family can also be an excellent source of rental income.

Whatever the motivation for buying next to the water, it seems estuary living is the most highly prized choice. Whereas the average uplift for waterfront properties is 51.5%, the figure for properties with estuary views is 78%.

And if a home has direct access to water, its own pontoon or slipway, this can as much as double the asking price compared to similar properties without this all-important feature.

So what is it that makes the estuary lifestyle so popular? It could be the generally sheltered position of such homes – away from the winds, waves and erosion of coastal areas. There’s also often the option to moor a boat close to if not right next to the property. The wildlife can also be a big draw, with the population of birds in particular changing dramatically with the ebb and flow of the tide.

Whatever your interest in waterfront property – whether you are looking to sell or to buy – our team has a wealth of experience of advising on some of the local area’s finest coastal and estuary real estate. From harbourside apartments and riverside family homes to contemporary cliff-top properties, we have a long track record of bringing buyer and seller together. If you would like to know more about how we could help, please do not hesitate to get in touch.

For a premium price tag,

just add water

4 | For your free market appraisal please call +44 1392 423111 or visit KnightFrank.co.uk/exeter

a lifestyle choice

A SELECTION OF PROPERTIES for sale

1. Ashprington Devon

2. Port Navas Cornwall

1 Two very pretty cottages in the centre of a prime South Hams village.

w Larger cottage with 2 reception rooms and 3 bedrooms

w Smaller cottage with 1 reception room and 2 bedrooms

w Large walled garden and private courtyard

w Linhay w Private parking

Approximately 2,891 sq ft

GUIDE PRICE £775,000

2 Immaculately presented south facing house with 70m of water frontage on the Helford River. EPC rating D.

w 2 reception rooms w 4 bedrooms w 3 bathrooms w Terraced creekside gardens w Boat house, slipway and private quay

w Garage w Floating pontoon w Summer house


GUIDE PRICE £1,750,000

3 Beautifully presented house in an exclusive development in the Dartmoor National Park. EPC rating D.

w 2 reception rooms w 4 bedrooms w 2 bathrooms w Integral double garage w Large gardens with terrace w Off road parking



4 Delightful Grade II listed house in the heart of the Exmoor National Park.

w 4 reception rooms w 6 bedrooms w 3 bathrooms w 4 bedroom cottage and 1 bedroom flat

w Range of outbuildings and stables

w Extensive grassland and woodland

In all about 33.49 acres


5 Charming Grade II* listed longhouse with three cottages near the North Cornish coast.

w 2 reception rooms w 5 bedrooms w 3 bathrooms w Attached 2 bedroom cottage w Two 1 bedroom holiday cottages

w Swimming pool

In all about 10.11 acres


6 Delightful smallholding with attractive non-listed farmhouse and useful range of outbuildings. EPC rating C.

w 3 reception rooms w 5 bedrooms w 3 bathrooms w Courtyard of outbuildings w Stables and tack room w Fenced paddocks

In all about 6 acres


3. Bovey Tracey Devon

4. Exford Somerset

5. Colan Newquay

6. Awliscombe Devon

PROPERTIES for sale IN THE west countryBelow we highlight just a small selection of properties currently for sale in the West Country with Knight Frank. Please call to find out about other properties we have available which may suit your requirements.

For your free market appraisal please call +44 1392 423111 or visit KnightFrank.co.uk/exeter | 76 | Visit ‘My Knight Frank’ at KnightFrank.co.uk/exeter to register for alerts on the best properties for sale and research from around the world

A SELECTION OF PROPERTIES for sale

11 Spacious contemporary home set in beautiful gardens on the edge of the Dartmoor National Park. EPC rating D.

w 4 reception rooms w 6 bedrooms w 3 bathrooms w Triple garage and workshop w Studio and store room w Beautiful landscaped gardens with direct access to Dartmoor



7 Spacious detached house with superb views over the Otter Valley. EPC rating D.

w 4 reception rooms w 5 bedrooms w 4 bathrooms w Conservatory and garage w All weather tennis court w Extensive gardens



12 Immaculately presented house overlooking the River Yealm to Noss Mayo. EPC rating C.

w 3 reception rooms w 5 bedrooms w 3 bathrooms w Landscaped gardens and terraces

w Double garage w Extensive parking



8 Georgian Grade II listed townhouse only 200m from the beach.

w 5 reception rooms w 5 bedrooms w 4 bathrooms w Potential for separate apartment

w Integral triple garage w Landscaped gardens with terraces



13 Four adjoining dwellings (10 bedrooms) that all currently generate an income stream. EPC ratings E, F and G.

w Largest house: 4 bedrooms w Three 2 bedroom cottages w Direct water frontage to River Fowey

w Landscaped garden and veranda

w Jetty, floating pontoon and 2 running moorings

w Private parking



9 Beautifully restored Georgian property in a glorious parkland setting.

w 6 reception rooms w 7 bedrooms w 5 bathrooms w 2 bedroom coach house w Extensive stores w Stunning gardens and woodland

In all about 35 acres


14 High quality detached house in a rural location built by Gerald Wood Homes in 2004. EPC rating D.

w 5 reception rooms w 5 bedrooms w 4 bathrooms w Triple garage with gym above w Heated swimming pool w Landscaped level gardens



10 Large Georgian house now divided up into letting rooms and currently generating over £50,000 per annum in income.

w 2 reception rooms w 11 bedrooms w 4 bathrooms w 3 bedroom detached coach house

w Private off road parking for about 6 cars



11. Bovey Tracey Devon

7. Otterton Devon

12. Newton Ferrers Devon

8. Budleigh Salterton Devon

13. Fowey Cornwall

9. Sheviock Cornwall

14. South Whilborough Devon

10. Exeter Devon


A SELECTION OF RECENTLY SOLD PROPERTIES

5. Chagford Devon

SOLDGUIDE PRICE

£1,225,000

6. Shellwood Cornwall

SOLDGUIDE PRICE

£485,000

7. Milverton Somerset

SOLDGUIDE PRICE

£1,250,000

SOLDGUIDE PRICE

£525,000

1. Zeal Monachorum Devon

8. Exeter Devon

SOLDGUIDE PRICE

£550,000

2. Porthpean Cornwall

SOLDGUIDE PRICE

£1,950,000

9. Stoke Fleming Devon

SOLDGUIDE PRICE

£1,650,000

3. Upton Somerset

SOLDGUIDE PRICE

£4,750,000

SOLDGUIDE PRICE

£1,950,000

10. St Breock Downs Cornwall

SOLDGUIDE PRICE

£1,600,000

4. Budleigh Salterton Devon

PROPERTIES sold IN THE west countryOur 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 West Country.


A SELECTION OF RECENTLY SOLD PROPERTIES

17. Exeter Devon

SOLDGUIDE PRICE

£1,495,000

11. Exeter Devon

SOLDGUIDE PRICE

£169,000

18. Whitchurch Devon

SOLDGUIDE PRICE

£1,600,000

12. South Brent Devon

SOLDGUIDE PRICE

£1,300,000

19. Rock Cornwall

SOLDGUIDE PRICE

£2,250,000

13. Staverton Devon

SOLDGUIDE PRICE

£2,500,000

20. Venn Ottery Devon

SOLDGUIDE PRICE

£550,000

14. Higher Ashton Devon

SOLDGUIDE PRICE

£675,000

21. Swimbridge Devon

SOLDGUIDE PRICE

£1,350,000

15. PENTEWAN CORNWALL

SOLDGUIDE PRICE

£2,450,000

22. Silverton Devon

SOLDGUIDE PRICE

£1,950,000

16. Landulph Cornwall

SOLDGUIDE PRICE

£1,250,000


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

Wimbledon

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SouthKensington

Notting HillMayfair

Head OfficeMarylebone

Knightsbridge

Kensington

Islington

HydePark

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City

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Belgravia

LONDON

* 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


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

‘Knight Frank Local View West Country, 2014’ · 2018-11-05 · TALLAND BAY GUIDE PRICE CORNWALL...

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