Friday, April 4, 2025

In the Heart of Hampstead


 From Country Life:

Oh, for a crystal ball. It would have helped to see the future in 1993, when Grade II-listed Cloth Hill, on The Mount in Hampstead, came to the market. By the end of October, it had been sold by Savills for ‘slightly less than the asking price of £1 million,’ as Country Life reported at the time.

Now, it is for sale — with Savills again, and also this time Marcus Parfitt — at a rather more robust £18 million. And no, the price rise isn't all down to inflation: £1 million from 1993 would be little more than £2.1 million in today’s money. This house has outpaced inflation nine-fold. Stratospheric rises aside, there is much to commend this Queen Anne house, thought to be the second oldest surviving in Hampstead — not least its history. Cloth Hill owes its name to Tudor laundry: some say the spot was where the Court launderers did their washing, others that, there, ‘the virgin heath was white with drying linen’. Much later in the same century, George Romney, his health declining fast, sought Hampstead’s fresh air. Having moved in 1796, he just about managed to knock down Cloth Hill’s stables and coach house to build himself a new home (with painting room and gallery), when he became so ill that he decided to head back to Cumbria and his wife — whom he had otherwise neglected for more than 30 years. Cloth Hill passed into the hands of Thomas Rundell, most likely a scion of the goldsmith dynasty. When living there, his wife, Maria, published the culinary bestseller of the time, A New System of Domestic Cookery. (Read more.)



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