Vibrant communities
The lure of the Cotswolds goes beyond beautiful countryside and chocolate box villages. An abundance of excellent schools and award-winning pubs and restaurants, along with a fit-to-bursting sporting and events calendar supports a rich tapestry of thriving communities that make the area what it is.
It is probably no coincidence that searches on the Savills website for homes for sale in Oxfordshire surged by 148% as the latest series of Clarkson's Farm hit our screens this weekend, while searches for Chipping Norton went up 119% on the previous week.
Meanwhile property location searches for neighbouring Burford, known as the ‘gateway to the Cotswolds’ doubled, and even the city of Oxford experienced a boost of 104%, perhaps reflecting the wider regional uplift.
And, of course, it is not just the TV show that is driving interest. Over the last 12 months, we have seen 22% more property searches on the Savills website than in the previous 12 months – with a notable rise in searches from the United States.
Given its popularity, the Cotswolds can be a challenging market within which to buy – particularly the most prestigious hot spots. However, there is currently a window of opportunity for buyers, who are benefitting from a greater choice of quality property.
This relative abundance, along with reduced interest rates and a more favourable lending environment, is generating more positivity and confidence among buyers and sellers alike.