Properties are offering you a lot more for your money
In last week&rsquos edition of Homes Weekly, we reported that an increasing number of properties at
In last week&rsquos edition of Homes Weekly, we reported that an increasing number of properties at the upper end of the market have had their asking prices reduced. Here LUCY BOON highlights two more properties that fit the trend — and on page XXVIII she asks what&rsquos happening in the wider market
ALMOST every week, Standard Property receives emails of houses that have knocked off some of their original asking price.
Last week we showed the White House — the glorious eight-bedroom, six-bathroom reworked/refurbished Georgian manor house on Remenham Hill. This week, we&rsquove got a very different kind of property, needing a bit of TLC, in nearby Northend.
Mainly because of 2014&rsquos stamp duty changes it seems properties at the higher end are having to drop asking prices to make their homes more attractive to would-be buyers.
“They&rsquore trying to ease the burden on the buyer — in turn helping themselves to move,” says one Henley agent.
Located in between Christmas Common and Turville Heath, with such a massive almost £1million reduction, Standard Property just had to show this imposing piece of real estate, which was built in 1993.
Set in 25 acres of glorious land, in a designated an Area of Outstanding Natural Beauty, the main house has been well-planned and constructed, with an impressive central staircase, off which the accommodation flows.
There are five bedrooms in the main house — all with bathrooms, three with direct access to the balcony-terraces that overlook the grounds — plus six reception rooms.
To the side of the main house is a rather extensive accommodation/Â garage block, which apart from storage and garaging contains not just one but two lots of secondary accommodation (that&rsquos two bedrooms/sitting rooms, two kitchens, plus an extra sitting room).
And let&rsquos not forget all the extras you get with this property — equestrian and stabling facilities, outbuildings, extensive gardens and most impressively that huge amount of land, giving unequalled privacy, peace and quiet.
But Hartwood is not alone in having had a price reduction. It seems the majority of houses at this end of the property market are experiencing some sort of “levelling out”, including the extremely beautiful and historic Grade II-listed Elmdown Farm on the edge of Skirmett.
Part of the former Parmoor estate, the property consists of 19 acres, including five paddocks, beautiful gardens and a small corner of woodland.
It nestles on the edge of pretty Skirmett in a designated Area of Outstanding Natural Beauty in a quiet, tucked away spot that has straight-across views of “that windmill” — the Cobstone, which was made famous by its part in the 1968 children&rsquos classic Chitty Chitty Bang Bang.
“That view that gets me every time,” says vendor Anne Robertson who, along with husband Nigel and the couple&rsquos two children, are only the third owners of the property since 1947.
The family added “Farm” to the name when they started introducing various farm animals here, and breeding rare chickens.
“The house is not one of those polished steel, modern extension-type properties but something with soul, with character, and where one can get stuck into country life,” adds Anne. “Elmdown Farm has always been a very happy home and would ideally suit a family.”
Now priced at £3,500,000, Elmdown Farm is for sale with Knight Frank. Call (01491) 844900 for more information.
ELMDOWN FARM, SKIRMETT
• Reduced from: £3,995,000 to £3,500,000
• Bedrooms: Five
• Bathrooms: Three, plus downstairs WC and WC and sink in the barn
• Other: Utility/store wing that could easily be converted to an annexe; manÃ¨ge; tennis court; swimming pool: outbuildings; barn; Â stables