Cottages and amenity land sell for more than the guide price

Land and property sold for well in excess of their guide prices at online auction today – some receiving more than 60 bids.

A lot of amenity land in Barford, near Norwich, sold for £122,000 over its guide price of £65,000-£85,000 and a farmhouse in need of renovation at Stow Bridge, near King’s Lynn, sold for £205,000 over its guide of £150,000-£175,000.

Peter Hornor, auctioneer, based in Norwich, said: “We had a really good early summer sale with six out of nine lots sold and two sold immediately afterwards. Some of the results were very encouraging. 

“Two cottages in Northrepps sold for well in excess of the reserved prices…so there is life in the market throughout the price ranges, we enjoy auctions and look forward to our next one next week and two in September.”

Highlights included:

An idyllic three-bedroom cottage in Northrepps sold for £343,000 – over its guide price of £250,000-£275,000 after 62 bids.

A one-bedroom brick and flint cottage, also in Northrepps sold for £212,000 – over its guide of £125,000-£150,000 after also receiving 62 bids.

A Residential Development opportunity in Hunstanton sold for £159,000 over the guide price of £80,000-£90,000 after 54 bids.

A farmhouse in need of renovation at Stow Bridge, near King’s Lynn sold for £205,000 over its guide of £150,000-£175,000 after 49 bids. 

Amenity land at Barford sold for £122,000 over a guide price of £65,000-£85,000 after 48 bids.

For more information contact Peter Hornor or Trevor Blythe on 01603 629871.