Another Interesting Night!
Richard Abbey, partner and auctioneer of John Earle & Son had a busy night ahead of him at our auction on Tuesday 19th June at Henley Golf and Country Club. The large Conference Room was brimming with potential bidders and it was estimated that there was well over 250 people in attendance.
A large variety of Lots were offered and some interesting results gained.
First to be auctioned were the 11 lots of land totalling 255.76 acres belonging to Windmill Farm.
Lots 1 (7.91 acres), 2 (7.56 acres), 3 (25.74 acres and 4 (49.78 acres) sold very well in the room with the average price per acre for lots 1, 3 and 4 of over £8,000. Lot 2 had a huge amount of interest, there was strong competition for this plot of land and the gavel finally came down at a fantastic £106,000, over £14,000 per acre!
Lots 5, 38.72 acres and lot 8, 20.62 acres didn't quite reach their reserves but did sell very well in the room after auction, again averaging about £8,000 per acre.
Lot 6, 28.22 acres and lot 7, 14.97 acres again just missed the reserve but are now for sale by private treaty with a price guide of £10,000 per acre.
The final three lots of Windmill Farm land, lots 9, 31.80 acres, lot 10, 24.05 acres and lot 11 6.31 acres sold privately prior to auction.
Lot 12 Brook Farm, did not sell, now available for sale by private treaty, offers around £900,000, similarly, lot 13, 481 Streetsbrook Road, is now also available for sale by private treaty with offers around £600,000.
The commercial property, 7&9 Crooks lane, Studley also sold quite some time prior to auction at a very good price due to such fantastic interest.
RICHARD ABBEY, JOHN EARLE PARTNER & AUCTIONEER
Next Month's Auction - 10th July
We have seven very varied commercial, residential and landed properties for next months auction:
"Old Wythall" - The old School Hall and Premises with Planning Consent for Office Conversion and Refurbishment - in all some 1,580 sq.ft.
Benton Lane Farm, near Berkswell. A beautifully presented, spacious, character family home with outbuildings, gardens and paddocks, standing in all 1 3/4 acres.
Innellan House, near Meriden:
LOT 1: Comprising four bedroom house, 2 bed bungalow Annexe two stable blocks, 2680 sq.ft. of workshops & office, garaging and some 6.26 acres of pastureland.
LOT 2: Barn, Storage Yard and 4 Acres of Pastureland.
Ridgeway View, Betwixt Morton Bagot, Studley and Spernal, A Building Plot for one 1,470 sq ft dwelling house with four-bay Dutch barn & paddock in all 1 acre.
4.3 acres, Welford on Avon or thereabouts of pastureland with lane frontage and timber garage, in the heart of the village between High Street and Duck Lane.
Approximately 3.42 acres (1.11 ha) of old pasture in two enclosures at Barston Lane, Barston
Approximately 8.5 acres (3.43 ha) of old pastureland, situated in 3 enclosures with road frontage to Hodgetts Lane, Berkswell
PLEASE NOTE THIS IS NOT THE RUNNING ORDER OF THE NEXT AUCTION THIS WILL BE POSTED ON THE JOHN EARLE & SON WEBSITE THE DAY BEFORE THE AUCTION
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