April Auction Results
What an absolutely cracking start to our
Land and Property auctions on Tuesday evening of the 12th April 2016.
Richard Abbey held John Earles first Land and Property auction of the season. Six very different lots were being offered and to a fantastically over full auction room at Henley Golf & Country Club. With excellent bidding. Richard achieved some remarkable results for the firm’s clients.
Lot 1 – Barn at Salters Lane, Bearley, Stratford-upon-Avon Â£100,000
This lot started with auction with very strong bidding, with a reserve of Â£60k this barn achieved a selling price of Â£100,000.
Lot 2 – Langley, Stratford-upon-Avon Â£52,000
With a good local interest in this arable/pasture land the bidding took the sale price to just under Â£20k per acre.
Lot 3 – Barn at Ashford Manor Farm, Hockley Heath Â£220,000
As expected for this Lot there was bidding from all corners of the room resulting in gavel falling at a very respectable Â£220k.
Lot 4 – Vauns Oaks, Icknield Street, Beoley, B98 9AD Â£762,000
With a guide price of Â£625k the bidding started slowly. Three parties fought it out, with the gavel coming down at Â staggering Â£762k.
Lot 5 – Mill Road, Leamington Spa Â£65,000
The bidders entered into a spirited competition resulting in Richard Abbey achieving 10k over the reserve.
Lot 6 – Orchard Farm, The Ridgeway, Astwood Bank, B96 6LX Withdrawn
This Lot did not quite make the reserve. However, ongoing discussions continue with a couple of interested parties.