A new auction record for Symonds & Sampson

Mark Lewis
By Mark Lewis

September 2018

A new auction record for Symonds & Sampson as a farmhouse changes hands for the first time in 400 years.

A new auction record for Symonds & Sampson

Symonds & Sampson’s property auction on 21 September in Sherborne will be remembered for the record price paid for a single lot sold by auctioneer Mark Lewis. He wonders, however, whether it was the highest for the firm?

He explains “We had a lot of interest in the auction and with properties in Dorset and Somerset a good crowd attended.

Land at Stoke Wake, near the Wessex ridgeway, attracted very good local interest and sold for £11,500 acre.

A bungalow in need of updating in Stalbridge sold for £189,000 and another at Alton Pancras with a guide of £200,000 sold prior above the guide.

A building just off Cheap Street Sherborne with planning permission to convert to a 4 bedroom town house sold for £385,000 whilst an investment in Shaftesbury gave the buyer the enjoyment of an11% return.

There was terrific interest in a grade II listed farmhouse and barns at Holwell. Originally owned by Sir Walter Raleigh the successful bidders, who paid £608,000, will be the first buyers since 1617 and have a wonderful renovation job to look forward to.

The greatest excitement was reserved for Grove Farm at North Cheriton. This holding had been in the same family for over 40 years and the vale land had been extensively drained by the owner.

It was a lovely compact farm with house and cottages and 130 acres. The guide of £1.5 million was quickly exceeded and the hammer fell at £1.69 million after 17 bids, almost exactly the number of increments when the farm was sold in 1971!

The previous record for a lot at a Symonds & Sampson auction was £1.6 million for a farm at Monkton Wyld in 2009.

It is not the highest price achieved by Senior & Godwin, however, as £1.73 million was achieved for Langton Farm at Blandford in 1979 but more of that in due course.

Symonds & Sampson are inviting entries for their 14 December auction please contact Mark Lewis 01258 473766.

 

 

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