Archives: Property Auctions

Agricultural Business Centre, Bakewell, Derbyshire, DE45 1AH

Bagshaws LLP – Bakewell Property Auction – Monday 20^th September 2021

With eight lots being entered into the Bagshaws Bakewell Property Auction at the Agricultural Business centre, a strong crowd watched all but one of them sold with some incredible prices realised.

Lot 1 was the Land off New Road, initially in our May auction and postponed until September, the delay didn’t cause any less interest and we were off to a great start with it achieving £44,000 (£55,000/ac)

Lot 2, Brierlow Bar Wood, Buxton reached a bid of £24,000 (£11,009/ac) with some spirited bidding from a number of interested parties.

Lot 3 was the much-desired Land and Buildings off Meadow Lane in Tideswell, arguably the highlight of the auction as the hammer fell at £83,000 (£92,222/ac) which certainly exceeded the expectations of many.

Lots 4 and 5, Land off Alabaster Lane at Cromford, Lot 4, 3.07 acres and Lot 5, 12.38 making £36,000 (£11,726/ac) and £90,000 (£7,269/ac) respectively.

The grassland off Valley Road, Hayfield came in at lot 6 and made £48,000 (£28,915/ac)

In at Lot 7 was the first of the residential properties, Denhills, Ashbourne Lane, Chapel en le Frith, a two-bedroom bungalow in need of a comprehensive renovation programme sold for £345,000.

Lot 8 was Brookfield Grove, Ashford in the Water which did not meet the reserve in the room, the property has returned to the market to be sold by private treaty, any interested parties are invited to contact the Bakewell Office.

Westhaven/The Beeches at lot 9 was postponed due to Land Registry delays but we are pleased that it will be offered in our next auction.

The days bidding evidenced the benefit of auction sales for the right type of property, should you require advice on the sale of property by method of auction or otherwise please do not hesitate to contact us.

We would like to highlight our 22^nd of November auction which already has a number of attractive Lots entered, with more welcomed.

Finally, we would like to thank all those that attended the auction and say we look forward to welcoming you to Bakewell in November.

Agricultural Business Centre, Bakewell, Derbyshire, DE45 1AH

Bagshaws LLP – Bakewell Property Auction – Monday 12^th 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.

Bagshaws Bakewell Property Auction – Monday 24^th 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 12^th 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.

Agricultural Business Centre, Bakewell, Derbyshire, DE45 1AH