Keep up to date with the latest Stags news
Thu 11 December 2014
East Devon really does have it all, with England’s first natural World Heritage Site the Jurassic Coastline flanking the south, two Areas of Outstanding Natural Beauty covering the majority of the countryside, the natural attributes of this stunning part of the county are clear.
When buying a house, it isn’t just the natural beauty you need to consider, East Devon has all the facilities required, great schools with Colyton Grammar regularly being in the top few co-educational selective schools in the country, according to The Sunday Times. Local state primary and secondary schools in the area are also constantly preforming to a high standard.
There are good road networks providing links to the rest of the country, and with railway links to London and Bristol, you are never too far away from where you need to be.
The local communities are strong; there are a range of beautiful villages often with a pub, village hall and school, alongside the attractive market towns of Honiton and Axminster, whilst to the coast the Regency town of Sidmouth is a particularly draw.
What is selling? And who is buying?
There is activity across the price ranges of property with a significant increase in the number of sales from the Stags Honiton Office this year up by 68% compared with the same period last year. However, it is the top end of the market which has seen the biggest increase in activity.
This increase in activity however hasn’t yet seen the corresponding increases in sale values, which the London market has experienced of late. Although modest increases have been achieved, setting a sensible marketing price and getting the presentation right are still the key to finding the right buyer.
Two properties coming on the market shortly at the top end are Moorlands Farm and Woodhayne Farm, both with 5 bedroom farmhouses, traditional farm buildings and land surrounding the farmstead giving seclusion and privacy. These are being marketed at guides of £1,000,000 with 48 acres and £925,000 with 18 acres respectively; we have already seen interest from local and international buyers as far away as Dubai.
In the middle market we have just launched Brook House near Stockland, a beautiful detached family home with 4 double bedrooms, 3 receptions, detached barn with potential, (stc) standing in over 1 acre of private and established garden, at a guide price of £600,000.
A couple of examples of smaller properties launched recently are 1 Sellerswood, a 3 bedroom semi-detached cottage just outside Branscombe at £325,000, whilst a 2 bedroom barn conversion in Gittisham is receiving good interest with a guide of £160,000.
Kevin Clarke, Stags Honiton Office Manager.