Property and Land Auctions
Bakewell Land and Property Auction – May 2022
This auction was held on.
Bakewell Property Auction Report – 23rd May 2022
£4.48 million of property sold
With hundreds of interested parties gathered in the main concourse of the Agricultural Business Centre, the prospects looked good for a successful sale of the 19 lots on offer, and the portents proved right, with phenomenal prices being realised under the hammer of Bakewell Partner, Ed Lawley. Bidding was strong and swift throughout with a range of differing buyers helping to drive prices.
Some highlights included Windmill Farm at Kirk Ireton, a detached farm and buildings in need of refurbishment within 5.89 acres achieving £792,000. 47 acres of good grassland at Priestcliffe released £710,000 (£14,831/ac) at the fall of the hammer. A traditional stone barn at Priestcliffe sold for £252,000, and Tophill Farm at Ible achieved £680,000. However, almost without exception, all lots did tremendously well.
We will feature some of the sold properties over the coming weeks, but simply by way of summary, the prices achieved were as follows:
|2.07 acres at Kirk Ireton||£70,000|
|8.42 acres at Ashover||£116,000|
|21.16 acres at Ashover||£176,000|
|Barn and 4 acres at Priestcliffe||£252,000|
|47.87 acres of grassland at Priestcliffe||£710,000|
|4.39 acres at Priestcliffe||£45,000|
|6.6 acres at Priestcliffe||£40,000|
|2.81 acres at Priestcliffe||£32,000|
|11.5 acres of grassland at Woodland at Damflask, Loxley||£130,000|
|8.2 acres at Gladwins Mark||£65,000|
|93, Steam Mill Lane, Ripley||£210,000|
|Park Mill Farm, Shirland||£540,000|
|13.56 acres at Shirland||£135,000|
|Croft Meadow, Tideswell||£490,000|
|Windmill Farm, Kirk Ireton||£792,000|
|Tophill Farm, Grangemill||£680,000|
The auctioneer, Ed Lawley commented;
“Today illustrates the best of the auction system. With more than 300 people in attendance, we saw many bidders competing to secure properties, that resulted in some very strong prices; in many cases far more than the vendors could ever have imagined!”
The prices achieved, many well in excess of the guide prices, show how the competitive environment of a live auction can really push prices for the right type of property.
Should you have any property that you consider suitable for auction, or other means of sale, please do not hesitate to contact to contact your local Bagshaws office for free and confidential advice.
At the time of writing, the land at Winster, Mam House Farm and Chestnut Farmhouse remain available.