Entire Norfolk village goes on sale for a 'mere' £25 million
By Daily Mail Reporter
Last updated at 1:40 AM on 6th September 2008
A historic 13-bedroom mansion complete with its own village is up for sale for a credit crunch-busting £25m.
The staggering sum will buy the magnificent Kelling Hall in north Norfolk, set on 1,600 acres, and featuring a seven-bedroom converted barn.
The owners of Kelling Hall, James Deterding, grandson of Dutch oil industrialist Sir Henri Deterding, who founded Royal Dutch Shell, and his wife Shirley are selling up because the sprawling estate has become too big to look after.
Staggering: The luxurious £25 million Kelling Hall has been put up for sale
Mrs Deterding said it was 'with great sadness' that they were selling the property.
'We have found it too much to cope with and we want to retire.
'Farming is difficult we have had a good harvest this year but it goes up and down and it is a huge estate.'
She said: 'It has been a very difficult decision my husband was born in this house - but we want to retire to a smaller property.'
Quiet time: Inside one of the sitting rooms in the Kelling mansion
Aerial views: For £25 million you could be the only resident in the village
The Kelling estate is divided into four lots to be sold invidually or for sale as a whole.
Lot 1, for £15m, is the hall built in 1913 and boasting a fabulous drawing room, library, a double height trophy room and dining room.
There are also seven cottages, a range of outbuildings, an outstanding bird shoot and 1594 acres.
They feature a lawned bowling alley leading to a wooded water garden with interconnecting ponds and twin tennis courts set at right angles to allow the game to be played at any time of day.
Coincidentally, the sale comes as another major estate, High House at Westacre in west Norfolk, has gone on the market with the same estate agent, Strutt & Parker, for offers above £9.5m.
Retirement: Shirley Deterding and her husband James have 'sadly' decided to sell their Kelling estate to go into retirement
It includes a huge Georgian house in just under 300 acres with an estate of about 800 acres.
James Laing, a partner at Strutt & Parker in London, which is selling both the Kelling and Westacre estates, said it was a coincidence that the two properties were up for sale.
'The reasons for those sales are completely different. However, it is perhaps at a time when values are possibly at a peak.
'Norfolk has superb family estates which very rarely come to the market and both of these have been in their families for 100 years or more.'
Good sport: The Kelling estate was designed to be the finest sporting estate in Norfolk. The land is also used for farming
The Kelling estate was designed to be the finest sporting estate in Norfolk with the Grade II listed hall built for entertaining shooting parties.
As well as farming, the land has been used for growing oil seed rape, malting barley, sugar beet and potatoes.
Being by the sea, the family saw its potential as a tourist attraction and converted a number of farm buildings into the Lowes holiday cottage development, also up for sale.
Louis de Soissons, of Savills, said it was 'unprecedented' for two massive estates to go on to the market at the same time.
He said: 'The sales are perhaps indicative of the fact, which many people believe, that the agricultural market is peaking.'
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