Date: September 2016

CAUTIOUS OPTIMISM RETURNS TO THE COTSWOLD PROPERTY MARKET
Six new Cotswold properties on the market from £380,000 - £2.85million

141A The Hill, Burford - £380,000
Mole End Cottage, North Cerney - £455,000
Pike House, Shipton-under-Wychwood - £795,000
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Laurieston, Chedworth - £1m
Kineton Place, Kineton - £1.65m
The Walled Garden, Bibury - £2.85m
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Despite some inevitable market anxiety following the European Brexit referendum, Butler Sherborn has recorded a positive return of cautious optimism from clients just a matter of weeks after the event that took the country by surprise.

“There are a number of reasons that things don’t seem to be as bad as everyone anticipated in those early days back in June,” says Sam Butler.

“The speed with which the new Prime Minister was elected and the calming influence she has brought to bear undoubtedly set the agenda.  Since then, we have seen bank interest rates cut, unemployment down and retail sales up by 1.4% month-on-month in July compared with an expected rise of less than 0.2%, and up by almost 6% annually.

“Team GB’s phenomenal success at the Rio Olympics has also helped to draw the country together, and has perhaps sent a signal to those naysayers in the rest of Europe that the UK is far from being a spent force!

“This level of confidence is also being seen in the Cotswold property market, with properties under offer through Butler Sherborn up by 40%, and completed deals up by a staggering 500% in July & August, compared with May & June when Brexit anxiety was at its peak.

“Inevitably speculation will continue as we wait to learn more about the potential implications and timings of Article 50 and Brexit itself, but I think we are already seeing positive confirmation that the Bank of England has a firm hand on the country’s fiscal direction, and a number of companies have already confirmed their continued investment in the UK.

“As we predicted in June, stability is now returning and creating an easier market for both buyer and seller to read and respond to.  There continues to be a shortage of supply, but with potential sellers now seeing that things are beginning to move forward again, we expect to see more good houses being offered for sale during the autumn.

“We take confidence that this will be underpinned by the underlying strength of the British economy and the business-like approach already being seen from the new-look Conservative government, and we are looking forward to the autumn with renewed confidence.”

As evidence, here are six new Cotswold properties available through Butler Sherborn, ranging in price from £380,000 - £2.85million:

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141A The Hill, Burford, Oxfordshire, OX18 4RE - £380,000


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A pretty period cottage in a quiet location just off the famous Burford Hill, with enclosed garden, parking for two cars and within walking distance of the shops.  The cottage is believed to date from the 17th Century when it was part of the White Horse Inn.  The ground floor is mostly open plan with a fully fitted kitchen with Rayburn for cooking and heating, dining area and sitting room with exposed beams and stonework.  A spacious landing leads to two bedrooms with built-in cupboards and a bathroom.

141A The Hill brochure
Guide price: £380,000
Butler Sherborn - Burford - 01993 822325

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Mole End Cottage, North Cerney, Gloucestershire, GL7 7BZ - £445,000


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This quintessential Cotswold cottage in the desirable village of North Cerney has been renovated to an exceptional standard, the contemporary style and original features creating a feeling of light and space throughout.  There is a kitchen/breakfast room with bespoke fitted cupboards and wood burning stove, and a sitting room with French windows leading on to the garden, two double bedrooms and a family bathroom.  The garden has a stone terrace for entertaining and a small outbuilding for storage.

Mole End Cottage brochure
Guide price: £445,000
Butler Sherborn - Cirencester - 01285 883740

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Pike House, Shipton-under-Wychwood, Oxfordshire, OX7 6BJ - £795,000


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Dating back 400 years, Pike House offers spacious family accommodation and retains many original features.  The kitchen/dining/living area is the heart of the home featuring a modern kitchen with electric Aga, and living space with a gas open fire.  There is a more formal drawing room, family sitting room, utility and snug.  There is a master bedroom with adjoining bathroom, two further double bedrooms, three single bedrooms and a family bathroom.  The garden is mainly lawn overlooking fields, with gravelled parking for several cars.

Pike House brochure
Guide price: £795,000 million
Butler Sherborn - Burford - 01993 822325

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Laurieston, Chedworth, Gloucestershire, GL54 4AA - £1 million


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A charming Cotswold stone family house with beautiful and secluded gardens within a Conservation Area and Area of Outstanding Natural Beauty.  The ground floor comprises an entrance hall with flagstone floor and wood burning stove, sitting room with windows overlooking the garden, a conservatory, kitchen/breakfast room with Aga, a snug, larder, boot room and cloakroom.  An open landing leads to a master bedroom with en-suite, two bedrooms, family bathroom and a study.  A further two double bedrooms are on the second floor.  The well-designed gardens include a water feature and landscaped pond, terrace, timber shed, Cotswold stone outbuilding and a greenhouse.  A gravel driveway leads to parking for numerous cars, double garage, workshop and an office/studio.

Laurieston brochure
Guide price: £1 million
Butler Sherborn - Cirencester - 01285 883740

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Kineton Place, Kineton, Gloucestershire, GL54 5UG - £1.65 million


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Kineton Place is an elegant Cotswold village house with landscaped gardens, designed by David Magson, and glorious views.  A glass roofed entrance hall with stone tiled floor leads to the kitchen, and sitting room featuring an open fireplace, exposed beams and oak floor.  There is a formal dining room, rear hall, drawing room and cloakroom.  The master bedroom with en suite has an adjoining shower room.  There are three further en suite bedrooms.

The annexe, suitable for guest accommodation, is accessed from the entrance hall and includes the fifth en suite bedroom.  There’s a utility room, climate controlled wine cellar and garage.

Kineton Place brochure
Guide price: £1.65 million
Butler Sherborn - Stow-on-the-Wold - 01451 830731

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The Walled Garden, Bibury, Gloucestershire, GL7 5NT - £2.85 million


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Located in a spectacular setting, The Walled Garden is a substantial, detached Georgian style family house in the iconic Cotswold village of Bibury.  Accommodation is on three floors, with large sash windows overlooking the terraces and gardens, and comprises a drawing room with fireplace and wood burning stove, a kitchen/breakfast room with a four oven electric Aga, dining room, study, utility/boot room, cloakroom and further utility room.  On the first floor there is the master bedroom with en-suite bathroom, a further four double bedrooms, and two bathrooms.  The second floor includes an office area, double bedroom, playroom and further attic rooms.  The gardens and grounds provide a balance of formal and informal gardens, lawn and a terrace.  Large wooden gates lead to a gravel parking area and double garage, which could be converted into an office, studio or accommodation.

The Walled Garden brochure
Guide price: £2.85 million
Butler Sherborn - Cirencester - 01285 883740

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Note to editors:
The Cotswolds
The Cotswolds are located in the heart of England and within the counties of Gloucestershire, Oxfordshire, Warwickshire, Worcestershire and Wiltshire.  It is the largest designated Area of Outstanding Natural Beauty in England and Wales, and very roughly starts to the east of Gloucester and Cheltenham in the west, runs up to just below Evesham in the north, includes parts of West Oxfordshire where Burford is known as the Gateway to the Cotswolds, and south to the Cotswold Water Park a few miles beyond Cirencester, the former Roman city and Capital of the Cotswolds.

With excellent road and rail communications - London, Bristol and Birmingham are all within an hour by train - the area has become popular with those moving out of the city or wanting second homes to escape at weekends.

Issued by:

Sue Hitchcock / Jeremy Clarke
sue.hitchcock@lawsonclarke.co.uk
clarke@lawsonclarke.co.uk

LawsonClarke PR
Tel: 01285 658844
lawsonclarke.com

Ref: BS12/2016