On the hard at Itchenor one of the local XoD fleet Perdix.
Googling Perdix XoD shows her to be a competitive boat, a regular entrant sailing at Cowes Week over the past 25 years as well as in the Itchenor fleet and doing rather well in the class centenary event.
I'm guessing from her varnished topside that she is planked in teak, and certainly looks fabulous.
For more information on XoD see 1001 Boats Blog or the class association.
Random Tugs 296
13 hours ago