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Farmhouses – flavour of the season

17th May, 2012
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Looking through Country Life this week I noticed three Farmhouses for sale in the county of  Wiltshire which although not suitable for the client I was looking for did represent a stock of property in the area that has not been available for a long time.

This also came on the back of the recent Sunday Times Home section article titled “Bet the farm on it” which talked about the value that farmhouses represent.

Generally, farmhouses represent good value because:-

  • They are  substantial houses between 4000 & 6000 sqft
  • Many are not listed – allowing for unrestricted renovations to accommodate owners preferences.
  • They tend to be in rural locations providing privacy but linked to a community.
  • Most are period in style many dating from the Georgian, Victorian or Edwardian era’s

Prices are also taking a wobble. According to Caroline Penman head of research for Carter Jonas “over the past year average prices have fallen by 2% twice the national average, with recovery expected to be dependent upon the City”.

So now could be the time to pick up a good deal in counties such as Dorset, Devon, Somerset and Wiltshire. Counties all with a rich farming tradition.

Well from recent results buyers would seem to confirm this.

Cliffansty Farm, Wiltshire a Georgian Farmhouse with 292 acres came to market 4 weeks ago with a guide price of £3.125m and is now under offer through Smiths Gore.

Upper Ham Farm, Wiltshire A Regency Farmhouse with 60 acres in country Life today with a guide price of £1.95m. I rang up for details only to be told it was already under offer through Strutt and Parker!

Kindwardstone Farm Wiltshire has also come to market through Knight Frank a Victorian farmhouse sat in 15 acres price guide £2.395m.

So if you are considering a move to the Country don’t just consider the Manor Houses the Farmhouses are worth considering too.

To discuss your property search requirements further with an Elite Property Search director contact:

Central Office: Andrew Findley tel: +44 (0) 1865 479980

South East Office: Tim Sharp tel: +44 (0) 1483 256775

South West Office: Joe Nisbet tel: +44 (0) 1202 766566

London Office: Max Storey tel: +44 (0) 207 060 2338

email: info@elitepropertysearch.com

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About the Author
Tim Sharp
Tim Sharp is a director at Elite Property Search
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