'The Grantley effect': Property boom near luxury hotel

‘The Grantley effect’: Property boom near luxury hotel

Last updated Oct 7, 2021

Grantley Hall, which is sparking a property boom nearby, according to the owner of a Harrogate estate agents.

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Since opening its doors in 2019, Grantley Hall has quickly earned a reputation as a top destination for the rich and famous.

It is a stately countryside stay, a glitzy resort, a wellness retreat and a foodie haven. And it is without doubt the place to be you want to show off on Instagram.

The 18th-century mansion, which has been dubbed by guests as “The Ritz of Ripon”, opened as a hotel after a £70m refurbishment.

It boasts 47 rooms, four restaurants, including one with a Michelin star, and 30 acres of sweeping wooded parkland and grounds.

The Palladian playground also has an elite performance fitness centre, with equipment so plush – I would genuinely be scared to perspire – and a luxurious spa with two swimming pools. There’s even a nightclub.

Then there are the lavish events that are held regularly at the hotel, for example this month you can attend a champagne party and discover the “floral secrets of the stars” with a celebrity florist. There are also various super car meets across the year, so you can show-off your Lamborghini and swill champagne.

The fact that you can live your best life without leaving the grounds of the hotel, has sparked a property boom in the Grantley area, according to the owner of a Harrogate estate agents.

‘The Grantley effect’

Jeremy Hopkinson OBE, owner of Hopkinsons, said as well as property prices going up, people are also requesting to live within a 20-mile radius of Grantley Hall, making it one of the most desirable areas to live in the district.

He has labelled this ‘The Grantley effect’.

He said:

“We have seen a strong demand for the villages within a short drive to Grantley Hall.

“For example properties in Ripley, Hampsthwaite and the Burnt Yates area, as well as the immediate villages close to Grantley.

“Clients have approached me to see if there are properties that can be offered off-market.

“I have one client at the moment looking for a period family home within a 15-20 minute drive of Grantley.

“The whole Grantley set-up appeals to a wide range and age of buyer. They offer a high quality service and obviously you have got some fantastic bedrooms there as well.

“People are staying for two or three nights at Grantley and then ringing me to see if they can view properties close to it.

“I’ve currently got two local clients trying to find something in the area because they like going there. I’ve also got a couple from London coming to view properties because they have heard about Grantley.”

Property boom

Mr Hopkinson OBE said the whole district is currently seeing a major property boom.

He said:

“It’s a very interesting time. Most estate agents are short of properties because they have been so busy.

“In this area there has been a 10 per cent increase in property prices this year – specifically for country homes which are in huge demand.

“People want a change of scenery and more space for everybody. I think they want a view and bigger gardens and are prepared to travel to Ripon or Harrogate and get the train down to London for work.

“There are also more people wanting to move into the area.”

Mr Hopkinson OBE said he had just sold three major properties off-market in the area, including one as a result of the buyers wanting to use the spa at Grantley Hall.

He said:

“It has boosted sales of properties around that area and will continue to do so.

“It’s a very desirable area and people want to be in a short drive of it. This is good news for the local economy basically. They use local producers and employ a lot of staff locally as well.”