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Bakewell Property Auction – July 2021

 

Agricultural Business Centre, Bakewell, Derbyshire, DE45 1AH

 

Bagshaws LLP – Bakewell Property Auction – Monday 12th July 2021

Eight lots were entered into Bagshaws Bakewell Property Auction at the Agricultural Business Centre and eight lots were successfully sold with some remarkable prices being realized.

The first two lots were at Sheen, Buxton. The first, a stone barn without planning permission together with seven acres witnessed bidding from a number of parties, and sold for £220,000. The second lot, a block of 15.9 acres of pasture made £136,000.

Four lots at Castleton were next offered to the room. Lot 1 was a stone barn, again without planning permission, together with 3.86 acres. This realized a remarkable £240,000, however the next two lots of 1.87 acres and 2.73 acres were perhaps the ones that outstripped all expectations, with the hammer falling at £90,000 (£48,128/ac) and £90,000 (£32,967/ac) respectively.  A further 6.35 acres at Castleton was sold for £86,000 (£13,543/ac).

The appetite in the room was seemingly unsatisfied, with 1.22 acres located off Soft Water Lane, Bradwell, that included a small building and mobile stable achieving £30,000 (£24,590/ac). Finally, 7.5 acres of mixed mature woodland at Cutthorpe was sold for £46,000 (£6,133/ac).

Ed Lawley, the auctioneer on the day remarked “With all lots sold, and for some extraordinary prices, this sale again illustrates the benefits of a sale by auction for the right type of property. Such prices couldn’t have been foreseen with any other means of sale. Not only that, our vendors have the benefit of a 10% deposit having being paid, and completion in 28 days”

Should you be considering the sale of any property, do contact your local Bagshaws office who will be able to give you free and impartial advice upon values, marketing and the most appropriate method of sale.

 

Please note: For the avoidance of doubt we have no association with Bagshaws Residential that is part of the Sequence Group.

Bakewell Property Auction – May 2021

 

Bagshaws Bakewell Property Auction – Monday 24th May 2021

 

The first “live” Bakewell Property Auction of the year was held at The Agricultural Business Centre yesterday afternoon, and saw over £1.77 million of rural property go under the hammer.

The large concourse afforded by the facilities here at the Agricultural Business Centre in Bakewell allowed adequate social distancing amongst the attendees, who witnessed another demonstration of the benefits of a sale by auction for the right type of property.

Seven lots were offered, with all lots selling at universally strong prices.  By way of summary:

  • The first lot was 2.3 acres of land off Gorsey Lane at Kirk Ireton that saw the hammer fall a remarkable £70,000 (£30,434/ac).
  • Lot 2 comprised 5.8 acres of attractive mixed woodland known as Wiggonlea Plantation at Alderwasley. This achieved £89,000 (£15,345/ac) demonstrating the continued strong demand for smaller blocks of amenity woodland.
  • 8 acres of mowing and grazing ground off Bottomhill Road, Cressbrook realised over £9,200/ac, selling for £155,000.
  • Another good of block of 27.2 acres of mowing and grazing ground at Alton, Chesterfield sold for £246,000 (£9,044/ac).
  • Lot 5 comprised a detached, three bedroom property known as Edensor Cottage at Hartington. This saw the hammer fall at £468,000.
  • We were privileged to have two lots entered by the Peak District National Park Authority, both located at Calton, Staffordshire; Lower Greenhouse Farm comprised a three-bedroom cottage in need of refurbishment, a range of outbuildings together with 21.5 acres of surrounding grassland. The second lot was 11.94 acres of grassland at Calton.  Both lots were subject to clauses imposed by the Authority and realised sums of £620,000 and £125,000 respectively.

With over £1.77 million having fallen under the hammer on the day, it serves to illustrate that demand for rural property remains strong, coming out of the Covid lockdown, and that for the right property, the competitive atmosphere at auction can see values maximised.

Should you have any property that you are considering selling, please do contact your local Bagshaws office, who will advise you upon the best means of sale for the property and your circumstances.

Our next Bakewell auction is programmed for Monday 12th July.  There are already a number of properties entered with further entries invited.

Please note: For the avoidance of doubt we have no association with Bagshaws Residential that is part of the Sequence Group.

Uttoxeter Property Auction for Wednesday 23rd September 2020

Despite the ever changing COVID-19 situation, Bagshaws held their September Property Auction at the Stafford County Showground. Thanks to those who were in attendance for adhering to the Social Distancing and protection measures that were in place.

The sale was reduced by two lots as Heathy Grove Farm had been sold prior and the building plot at Fradley had to be withdrawn. However, of the lots offered, 100% were sold under the hammer.

Top House Farm at Prestwood, Ellastone realised £475,000 for the stone dwelling sitting in 2.6 acres. The land off Leigh Road at Bramshall received strong competition with 9.14 acres making £146,000 (£15,973/a) and 4.91 acres making £75,000 (£15,275/a).

We then moved back to Ellastone where 1.52 acres in the village made £62,000 (£40,789/a) after some spirited bidding. The final lot was 20.47 acres at Hollington which again received good interest, finishing at £218,000 (£10,650/a).

Auctioneer Malcolm Gale was pleased with the result and the efforts that all had made to comply with the current restrictions and the day yet again, proved the benefit of auction for the right property.

If you think you have a suitable auction property for our November sale or need advice on selling your property then please contact Lisa Emsley or Malcolm Gale on 01889 562811 or visit www.bagshaws.com/property-auctions.

Bakewell Property Auction August 2020

Bakewell’s third property auction of this (unusual) year made full use of the Agricultural Business Centre’s facilities; taking place in the open market concourse to afford ample social distancing despite the large number of people in attendance.

There were four properties on offer, split into a total of twelve lots.

The heat outside was reflected by heated bidding, with strong competition for nearly all lots, seeing great results at the fall of the hammer.

Up first was Newlands Farm at Little Hucklow that sold for a remarkable total of £1,490,000 (excluding Lot 4, that was sold prior). The results for the individual lots were as follows:

Lot 1 Farmhouse and 6.54 acres £400,000
Lot 2 Yard, Buildings and 7.29 acres £315,000
Lot 3 8.08 acres £190,000
Lot 4 3.27 acres Sold Prior
Lot 5 9.25 acres £205,000
Lot 6 28.04 acres £380,000

Lower Peaslows at Blackbrook, Chapel en le Frith, was split into three lots, and comprised a derelict former farmhouse sat within 10 acres of surrounding land, with two further lots of land comprising 4.27 acres and 6.70 acres. Bidding was brisk, as testified by the following results:

Lot 1 Former farmhouse and 10 acres £350,000
Lot 2 4.27 acres £62,000
Lot 3 6.70 acres £77,000

The final three lots were land at Flagg. Again, there was strong competition driving prices, with the following results being realised:

Lot 1 3.75 acres £48,000
Lot 2 3.96 acres £40,000
Lot 3 9.72 acres £97,000

Lot 7, Oulds Barn did not sell on the day, so any interested parties are invited to contact the Bakewell Office.

Were evidence needed, today’s auction serves to illustrate the benefit of auction sales for the right type of property. Should you require advice upon the sale of your property by auction or other means, please do not hesitate to contact us.

We would like to highlight our 21st September auction, that has a number of attractive properties already entered.

Finally, we would like to thank all attendees for following COVID protocols, and look forward to welcoming you to Bakewell in September.

Uttoxeter Property Auction November 2019

Malcolm Gale (Auctioneer) reported that the final Bagshaws Property and Land auction of 2019 was well attended at Uttoxeter Racecourse on 20th November.

It has been a successful year for Bagshaws auction department who continue to grow and enhance their reputation in the area as a truly professional and long established auction house with a wealth of experience.

Although smaller in lot numbers than the sales earlier in the year, a notable lot attracting much of the attention at this particular auction was Firs Farm in Snelston which was offered in in Three Lots. Lot 1 was a delightfully positioned Farmhouse with a number of outbuildings and land extending to approximately 34 acres. Bidding started strongly and soon reached the eventual sale price of £760,000. Lot 2 at Firs farm was pastureland extending to 16.46 which sold for £130,000. Lot 3 grassland extending to 2.32 acres promoting increased interest from a number of bidding parties and eventually selling at £44,000 far in excess of the £20,000 guide price.

We will be carrying our further auctions commencing in Spring 2020 both at Uttoxeter and Bakewell, so if you have a property or land and are thinking of potentially selling by auction please contact the local offices and speak to our auction specialists. If you are unsure whether your property is suitable for auction please call us for an appraisal and straight forward advice as to the best method of sale.

We wish everyone all the very best for the coming festive season and 2020.

Bakewell Property Auction November 2019

At our final Property Auction of the year there were five lots available to a room of prospective purchasers, with a number of notable results.

Land of St Helens Lane, Wirksworth was highly sought after and comprised 8.37 acres of grassland together with a dilapidated barn. This went for £127,000 at the fall of the hammer.

1.2 acres of land off Locko Road, Lower Pilsley, featured a small outbuilding and had planning consent granted for equestrian use, achieved £46,000, and a productive parcel of land at Flagg amounting to 13.06 acres realised £144,000, (£11,026/acre), in the room.

Church Street at Brassington had been sold shortly prior to the auction and at the time in writing 6.15 acres at grassland at Oughtibridge, together with a former workshop Doone at Barn Two Dales,

Matlock (having planning permission for a conversion into two-bedroom dwelling,) remain unsold.

Any interested parties should contact Bagshaws Bakewell office.

Reflecting on the past year, Bagshaws Property Auctions at Bakewell have seen a large number of entries seeing over £8.2 million of property go under the hammer, with some excellent results having been achieved, again highlighting the benefit of an auction sale for certain properties.

Should you be contemplating the sale of your property in 2020, be sure to contact your local Bagshaws office, who will be able to advise on timing, lotting, values and the best means of sale to achieve your objectives in the New Year.

For help and advice, please don't hesitate to get in touch.

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