Auctions proving popular
Sale of property by public auction is returning to popularity in Shropshire, says a leading firm of county auctioneers.
David Giles, a director of Shrewsbury-based Halls, made the comment following the sale of an agricultural smallholding and three lots of land at a well attended auction.
Ashlands, Edgerley, Kinnerley, near Oswestry, was sold on behalf of the estate of Mrs E.M.P. Davies. The property comprised a period three-bedroomed cottage with later additions and scope for extension, a substantial range of outbuildings and 13 acres of level pastureland.
Attracting interest from a wide area, Ashlands eventually sold to a local purchaser at the Welsh Bridge saleroom in Shrewsbury.
Land at Wytheford, Shawbury, also went under the hammer. Lot one, comprising 55.32 acres of first-class arable land, currently under a crop of potatoes, sold for £240,000 (£4,338 per acre) to a local farmer.
The second lot, comprising 17.29 acres of pastureland with frontage to the River Roden, made £52,000 (£3,007 per acre) and the final lot, a 1.93-acre strip of land with rough dingle and river frontage, realised £13,000.
"After a period when auction has not been the preferred method of selling property, it has definitely returned to favour this year," said Mr Giles.
"Vendors and purchasers alike benefit from the clarity and decisiveness of an auction, which is now being considered as a method of sale more often."
