Uttoxeter Land and Property Auction – August 2023

Bagshaws ran their Property Auction at Uttoxeter Racecourse on Wednesday 9th August with six lots going under the hammer, ranging from 1.6 acres of land on the outskirts of a village, up to a 13.97 acre smallholding at Belper, with a temporary mobile home and planning consent for range for farm buildings, as well as a detached stone property in need of modernisation, with pastureland and buildings, in over 4 acres.

A well-attended room greeted those lots on offer with all buyers registering to bid in advance of the sale commencing. With contracts being available to purchasers before the auction date it meant that any successful purchasers would be able to exchange contracts on that day with the completion date being set 28 days thereafter.

Following competitive bidding, successful sales were achieved on three lots, with the other three entered unfortunately not meeting their reserve prices. The opening lot of 1.6 acres of land at Corner field, Dalley Lane, Belper Lane End, attracted spirited bidding and achieved £82,000 (£51,250 per acre). Lot 3, Weir Meadow, Baswich Lane, Stafford, which comprised 3.10 acres of pastureland adjoining River Sow sold for £31,000 (£10,000 per acre). Next Lot 4, another small parcel of pastureland of 2.44 acres at Lower Lane, Chorley, Lichfield, attracted interest and bids from a number of parties, eventually reaching its conclusion, selling for £78,000 (£31,967 per acre).

As always, this auction shows the benefit of the traditional auction system whereby the property is offered on the day and a signature on the contracts is achieved with a completion 28 days thereafter. If you would like advice on whether your property would be suitable for an auction, then please contact your local office or one of our experts to discuss the matter with you.

The next property auction is scheduled for Monday 25th September at Bakewell Market.

The Auctioneer for the day was Malcolm Gale.

Uttoxeter Land and Property Auction-May 2023

 

Uttoxeter Property Auction Report – 10th May 2023

 

Bagshaws ran their Property Auction at Uttoxeter Racecourse on Wednesday 10th May with seven lots going under the hammer, ranging from a paddock of 2.9 acres, up to a farmhouse, buildings and land extending to 19 acres, as well as a further block of arable land of 67 acres.

A full room greeted those lots on offer, with all buyers registering to bid in advance of the sale commencing. With contracts being available to purchasers before the auction date, it meant that any successful purchasers would be able to exchange contracts on the day, with the completion date being set 28 days thereafter. We are delighted to announce that the sale resulted in a 100% clearance, with all lots being sold and some good prices being realised across the board. Green Farm at Chatcull, near Eccleshall, extending to 19 acres and having a three bedroom dwelling in need of modernisation along with a number of farm buildings, had a number of bidders competing to become the successful purchaser, which pushed the price to £710,000. The remaining six lots were then all pieces of land ranging from Elmhurst in Staffordshire to Breadsall outside of Derby, with the latter 23.3 acres at Breadsall finishing the bidding at £355,000 (£15,236 per acre), for an area of land just on the village edge. Spirited bidding was also in evidence for the 6.2 acres of grassland lying between Stretton and Rolleston on Dove, which was finally purchased at £88,000 (£14,194 per acre). However, top call of the day for the rate per acre was for the final lot sold. 2.9 acres at Elmhurst realised £78,000 (£26,897 per acre), with the adjoining 3.89 acres realising £75,000 and the larger block of just over 67 acres realising £800,000. There was also an area of 25.36 acres of pastureland at Footherley, near Lichfield, which had a number of brook courses and ditches dividing its four field parcels, with some of its area wet lying, which resulted in a purchase price of £175,000.

As always, this auction shows the benefit of the traditional auction system whereby the property is offered on the day and a signature on the contacts is achieved with a completion 28 days thereafter. If you would like advice on whether your property would be suitable for sale by auction, then please contact your local office or one of our experts to discuss the matter with you.

The next property auction is scheduled for Monday 22nd May at Bakewell Market and the next Uttoxeter Property Auction is scheduled for Wednesday 9th August again at Uttoxeter Racecourse.

The Auctioneer for the day was Malcolm Gale.

Bakewell Land & Property Auction 2023 – September

September Property Auction at Bakewell

A variety of lots were offered under the hammer today at the Agricultural Business Centre at Bakewell. Ed Lawley was today’s auctioneer, positioned at the front of the busy conference room at the ABC.  In addition to those in the room, online bidders  played an active throughout.

Whilst 16 lots were programmed of which three were sold prior to the auction.

The afternoon saw strong results, with the benefit of the auction process seeing deposits paid and contracts signed on the day, with completion 28 days thereafter.

Old Corners Farm at Quarnford offered a lovely smallholding, comprising a farmhouse, traditional barn and 35 acres of upland grazing and moor.  This together with a further 13.24 acres collectively sold for £460,000. 15.07 acres of land at Freehay, Stoke on Trent sold for £192,000 and the former St John’s ambulance site at Hope, having some development potential, realised £140,000. 3.59 acres of grassland land off Moor Lane, Elton sold for £50,000 and 4 acres off Drovers Way, Bullbridge, with stables and fishing rights, achieved £57,000.

By way of contrast to the agricultural properties 28, Frith Street in Leek,  an end terrace property. saw strong demand and saw the hammer fall at £75,000.  The residential development site at Moor Edge, Birch Vale sold immediately following the auction.

There remained some properties unsold, so should you have any interest in them, do contact one of our team.

Should you wish to talk to use about the suitability of your property for sale by auction, or any other means of sale, then do not hesitate to contact us.

We already have an interesting selection of property entered for our November auction here at Bakewell, so keep your eye on our website and social media platforms for any updates.

Bakewell Land & Property Auction – July

Bakewell Property Auction Report – 24th July 2023

Some remarkable results – Over £1.45m realised

The conference room at the Agricultural Business Centre was fit to burst when the auction got underway, with sixteen lots to be offered under the hammer.

The prices achieved were almost universally strong, again demonstrating the value of auction for the right properties.

By way of summary:

  • 4.08 acres of grassland off Forest Lane, Little Hucklow £66,000 (£16,176/ac)
  • 4.77 acres of grassland off Foxholes Lane, Tansley £93,000 (£19,497/ac)
  • 3.32 acres of hill land off Alton Lane, Alton £35,000 (£10,542/ac)
  • 2.7 acres of grassland off Park Road, Hadfield £64,000 (£23,704/ac)
  • 1.08 acres of grassland off Stanedge Road, Bakewell £54,000 (£50,000/ac)
  • Lot A: 6.2 acres of grassland off Sandyford Lane, Shottle £77,000 (£12,419/ac)
  • Lot B: 10.3 acres of grassland off Sandyford Lane, Shottle £100,000 (£9,909/ac)
  • Lot C: 12.00 acres of grassland off Sandyford Lane, Shottle £144,000 (£12,000/ac)
  • 11.39 acres of grassland off Blakemere Road, Bonsall Not Sold
  • Equestrian facility with 2 acres at Ogston £140,000
  • 0.38 acres of woodlands at Plank Gate, Wortley £9,000 (£23,684/ac)
  • 28 Firth Street, Leek Postponed until September
  • 13.85 acres of grassland at Yeavley, Ashbourne £158,000 (£11,408/ac)
  • Brierlow Bar Woodland, Buxton                                                                 Postponed until September
  • 24.5 acres of grassland off Glossop Road, Chunal Not Sold
  • 7.95 acres of grassland off Heage Road. Ripley Not Sold
  • The Cottage, Ednaston £512,000
  • Oulds Barn, Alsop En Le Dale Not Sold

Land off Blakemere Road, Glossop Road, Heage Road and Oulds Barn in Alsop En Le Dale remain available at the time of writing.

The property on Firth Street in Leek, and Brierlow Bar Woodland in Buxton was deferred until our next auction on the 25th of September 2023.

The market for agricultural land and woodland is currently very strong, with agricultural and non -agricultural buyers being active participants. Should you require any advice upon the purchase or sale of any rural property, do please get in touch with us.

 

 

 

Bakewell Land & Property Auction – Monday 22nd May at 3pm

 

Bakewell Property Auction – 22nd May 2023 – over £2.28 million realised

The Agricultural Business Centre once again played host to the Bagshaws LLP property auction, with 12 lots being offered on the day.

The room was full with interested parties, and this was reflected in the large numbers of active bidders. The lots were varied, ranging from woodland, arable and pasture ground together with a small holding.

The results can be summarised as follows:

Lot 1 3.67 acres of land and barn at Ashover £160,000 (£43,596/ac)
Lot 2 4.15 acres at Ashover £80,000 (£19,277/ac)
Lot 3 1.33 acres at Ashover £42,000 (£31,578/ac)
Lot 5 4.54 acres of land at Holmesfield £87,000 (£19,162/ac)
Lot 6 & 7 Land at Wirksworth Unsold
Lot 9 3.88 acres of land and stables at Whaley Bridge £98,000 (£25,257/ac)
Lot 11 6.03 acres of land at Ogston £75,000 (£12,437/ac)
Lot 12 Land at Chunal Sold after auction
Lot 13 10.24 acres of woodland at Froggatt £65,000 (£6,327/ac)
Lot 15 17.16 acres of land off Swarkestone Road, Derby £220,000 (£12,820/ac)
Lot 16 The Beeches, Bradbourne £1,161,000

 

The properties known as Land at Little Hucklow and Land at Ripley were not offered, as they have been postponed until our next auction in July.

Land at Hulme End and Land at Wirksworth were sold prior, however the 2 lots of land off Summer Lane, Wirksworth remain available at the time of writing, so should it be of interest, then do contact your local Bagshaws office.

Once again, todays sale serves to illustrate how auction can serve to maximise values for the right properties. For impartial considered advice, please speak to us.

 

 

Bakewell land & Property Auction 2023 – March

Bakewell Property Auction Report – 27th March 2023

 

Some remarkable results – Over £1.5m sold

 

The conference room at the Agricultural Business Centre was fit to burst when the auction got underway, with fourteen lots to be offered under the hammer.

 

The prices achieved were almost universally strong, again demonstrating the value of auction for the right properties.

 

By way of summary:

 

  • 1.88 acres of grassland at Thornhill, Hope Valley – £58,000 (£30,851/ac).
  • 4.77 acres at Kirk Ireton – £88,000 (£18,448/ac).
  • 0.74 acres of land at Barlow, with some ‘hope value’ – £200,000 (£270,270/ac).
  • 1 acre at Tideswell – £70,000 (£70,000/ac)
  • 4.71 acres at Tideswell – £82,000 (£17,410/ac)
  • 14.95 acres at Over Haddon – £130,000 (£8,695/ac)
  • 7.59 acres at Over Haddon – £135,000 (£17,786/ac)
  • 3.31 acres of woodland at Summer Lane – £55,000 (£17,571/ac)
  • 11.83 acres at Eastmoor – £180,000 (£15,215/ac)
  • 9.31 acres of land at buildings at Monyash – £250,000 (£26,852/ac)
  • 48.10 acres of land at Thorncliffe, Leek – £256,000 (£5,322/ac)

 

Both 3, Malthouse Cottage and the properties at Moor Edge, Birch Vale remain available at the time of writing. Rudyard Memorial Institute was withdrawn.

 

The agricultural land off Summer Lane, Wirksworth was sold prior, with 7.95 acres at Heage Road, Ripley was deferred until our next auction on 22nd May.

 

The market for agricultural land and woodland is currently very strong, with agricultural and non -agricultural buyers being active participants.  Should you require any advice upon the purchase or sale of any rural property, do please get in touch with us.