Cotswolds and Oxfordshire Property

Date: January 2016

QUIETLY CONFIDENT IN THE COTSWOLDS

Sam Butler looks forward to the 2016 Cotswold property market

Three Cotswold properties new on the market: £695,000 - £1.6million

“There’s a lot of froth talked about property prices,” says Sam Butler of Butler Sherborn, “but here in the Cotswolds we just get on with things and are predicting a return to buoyancy in the market for 2016.

“The national forecast is for prices to rise by about 5%* during the course of 2016.  We think that’s probably about right for this part of the world, and welcome it; after all, general stability in property prices is beneficial to buyers and sellers alike.


The Old School House, Cirencester - £1.6m
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Greycot, Sheepscombe - £795,000   
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Brookview, Lower Swell - £695,000
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“Over the next 12 months, we believe we are looking at a relatively stable situation in the UK, economically and politically - two aspects of life that influence consumer confidence.  This will be an improvement on 2015 which was in some ways a difficult year for buyers and sellers, and for businesses generally.  That resulted in a shortage of properties coming to market, while the number of buyers within the area and from London looking to move here or buy a second home was also reduced.  We think that will start to improve as we move towards the spring.

“We are already seeing something of an uplift of interest partly from those wanting to buy a second home or buy-to-let property as a result of the 3% levy on the Stamp Duty announced in the Autumn Statement and taking effect from 1st April; however, we also feel that stability will quickly return.  This sector of the market is generally regarded as a long term investment rather than an opportunity to make a ‘fast-buck’, and over a period of say, 10 - 15 years, 3% is negligible and will probably be recovered through the rent anyway.

“Whether looking for a primary residence, second/holiday home or a buy-to-let property, the Cotswolds is a very good place to buy for numerous reasons, not least the quality of life, transport links, education and employment.  But there’s also a lot less property hype than in other regions, especially London and the South East, with the opportunity to buy a property that’s right for you, rather than one that has to be bought quickly in case the price goes up!

“The key to success in the Cotswolds is that a quality property will always attract a buyer, and having confidence in what you are buying and selling is vital,” concludes Sam.

*Source: RICS

A selection of Cotswold properties new on the market through Butler Sherborn:

The Old School House, Park Lane, Cirencester - £1.6million - a superb town house close to the town centre


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Complete with its own section of Roman road, this Grade II listed townhouse is an impressive historic building in the heart of Cirencester, Capital of the Cotswolds.  Stone walled gardens, yew hedging and an 18th century gate provide a private and tranquil setting.  With part of the house dating back to the mid-14th century, over the years it has been carefully and sympathetically restored to provide a family home of considerable character.  The ground floor comprises a wood panelled entrance hall, drawing room, dining room, library, sitting room, kitchen/breakfast room, utility room, larder and cloakroom.  There are a wealth of original features including exposed beams, open fireplaces and 17th century tiles.  The master bedroom suite incorporates a dressing room and en-suite bathroom, and there are a further five bedrooms, two bathrooms, a study and playroom.  Cellars with exposed original Roman road provide plenty of storage space, while a separate access leads to ample gravelled parking and a garage.

Greycot - Sheepscombe - £795,000 - an ideal second home or buy-to-let opportunity


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An attractive Cotswold stone house offering versatile accommodation with well-proportioned rooms and spectacular views over the Golden Valley, is in an Area of Outstanding Natural Beauty.  On the ground floor there is an entrance hall, sitting room with stone fireplace and log burner, exposed beams and views overlooking the valley, a kitchen/dining room, utility room and cloakroom.  The master bedroom with en-suite shower room and a further three double bedrooms and family bathroom are arranged on the first floor.  There is a landscaped garden, stone terrace and Cotswold stone office/studio.

Brookview - Lower Swell - £695,000 - would make a wonderful second home, with guest annexe


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This traditional village house, dating back to the 18th century and once thought to be three cottages, is located in a Conservation Area and Area of Outstanding Natural Beauty.  Brookview has been remodelled to provide substantial family accommodation over three floors, finished to a high standard throughout.  Features include flagstone floors, an inglenook fireplace and exposed beams.  A spacious reception hall leads through to a sitting room, dining room, kitchen with walk in larder, utility room and shower room.  The first floor comprises four bedrooms and family bathroom, with a master bedroom suite including dressing area and adjoining bathroom on the second floor.  A Cotswold stone annexe is located at the top of the garden comprising living room, galleried area which could be used as an additional bedroom, shower room and store.


Sam Butler
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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 now self-proclaimed Capital of the Cotswolds.

Thanks to its 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 cities for the rural idyll, or wanting second homes to escape the rat race at weekends.

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Note to editors:

For further information about Butler Sherborn, please visit butlersherborn.co.uk or telephone the relevant office:

Cirencester 01285 883740
Burford 01993 822325
Oxford 01865 510000
Stow-on-the-Wold 01451 830731
Wantage 01235 772299

Online press office including images: Butler Sherborn Press Office

All Butler Sherborn properties are included on onthemarket.com and rightmove.co.uk and it also has a representative office in London’s West End through The London Office.

Issued by:

Sue Hitchcock / Jeremy Clarke
sue.hitchcock@lawsonclarke.co.uk
clarke@lawsonclarke.co.uk
LawsonClarke PR
Tel: 01285 658844
lawsonclarke.com

Ref: BS01/2016