Whilst the politicians squabbled on both sides of the channel and the media relished the chaos- fuelling as much instability as possible, the buyers at Symonds & Sampson’s property auction on 14 December ignored the disharmony to bid strongly.
Auctioneer Mark Lewis was not surprised ‘We have had a very strong year in all departments and people seem to be ignoring the politicians, making their own decisions and getting on with life. All are determined to buy in our most beautiful part of the world.
We had one of the most interesting catalogues of the year and it led to record number of bids at an auction with over 300 recorded. Many prices therefore were well above expectations with much late interest during the week leading up to the sale'.
Houses for updating and renovation
Peartree cottage in the Wylie valley £410,000, Mill Bungalow Kings Stag £188,000
A site for 6 dwellings in Iwerne Minster sold prior to auction in excess of the guide of £800,000, A potential development site in Gillingham made £251,000.
These varied as usual depending on the location; land at Ibberton made up to £14,500 per acre, Shaftesbury woodland made £12,000 per acre whilst a block at Wells sold for £9,000 per acre.
Three blocks of twin garages near Poole sold for up to 250% above the guide top price being £36,000.
The most interest was reserved for Red House Farm at Holnest near Sherborne. This was owned by Sylvia Coffin, who instructed in her will that Symonds Sampson should be the auctioneers and touchingly specified that Mark should be the man with the privilege of wielding the gavel. Mark was delighted therefore to sell the whole in 4 lots for a total of £910,000.
Symonds & Sampson are very grateful to all of their clients, solicitors and auction goers for making 2018 such a special year
We are now taking entries for our 2019 sales and invite lots please contact Mark Lewis 01258 473766