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Rod Stewart and Penny Lancaster are known for owning an array of luxurious properties around the globe, including a massive mansion that once carried a price tag of £8.5 million. This couple, married since 2007, initially moved into the impressive six-bedroom estate in 2013 after purchasing it for more than £4 million.
However, just three years later, the couple decided to list their Epping manor house for sale. The move came as the legendary musician, then 81, and Penny, 55, chose to relocate closer to their sons’ schools. Their children, Alastair and Aiden, were born in 2005 and 2011, respectively. As a father of eight, with children from previous marriages and relationships, Stewart made a significant decision to prioritize family convenience. Despite the attractive listing, the property lingered on the market for three years, prompting Sir Rod to cut the original asking price of £7.5 million nearly in half. Eventually, it was sold for £4.1 million to footballer Andy Carroll and Billi Mucklow.
Following their split, Carroll and Mucklow relisted the house last year, with current market estimates placing its value near £8.5 million, more than double the price Stewart had received.
Now, according to The Guardian, Stewart enjoys a serene life with his third wife, Penny Lancaster-Stewart, 53, and their sons Alastair and Aiden. They reside in a magnificent 10-bedroom, Grade II-listed mansion nestled on the Hertfordshire and Essex border, not far from the village of Sawbridgeworth.
Their opulent residence is set on 46 acres of land, featuring expansive woodlands, self-contained cottages, a walled garden, a swimming pool, a football pitch, and a croquet lawn, offering an idyllic retreat for the family.
The town that they live in now is very quiet and is steeped in history, with buildings harking back to the Tudor, Stuart and Georgian eras.
Homes there sell for an average of £481,288, according to Rightmove. The majority of properties sold in Sawbridgeworth during the last year were detached houses, fetching an average price of £704,776.
Flats were sold for an average of £219,445, while semi-detached properties commanded £481,727.