Buyer from Kazakhstan bids online at Dorset’s largest auction

Our auction at Merley House near Wimborne on 28th July was the largest collective property auction ever to be held in Dorset. Auctioneer Mark Lewis reflects on the momentous day.

Buyer from Kazakhstan bids online at Dorset’s largest auction

Properties across 6 counties- Dorset, Devon, Cornwall, Somerset, Wiltshire and Hampshire were offered for sale, in total raising £8million for our clients.

Auctioneer Mark Lewis said there were some stressful moments during the sale, “We had such a large crowd in the room that the Wi-Fi couldn’t cope. The site for the 2,000 people watching the auction online crashed temporarily, however was soon restored. 30% of the lots were sold to online bidders with the rest sold to buyers either bidding in person or by telephone".

Auction Manager Meredith Holmes added “We had buyers from all over the UK and even Belgium but were surprised to sell some land near Plymouth to someone 3,000 miles away. Kazakhstan is a massive country with many mountains so to get a reception and be successful was quite a feat!”

Notable prices achieved include:

Hampshire

  • Land in the New Forest - £29,000 acre
  • A former golf driving range - 30% above guide
  • Land near Ringwood - 45% above guide
  • Cottage sold on behalf of the National Trust - 27% above guide

Dorset

  • Land near Poole - £24,000 p/acre and £175,000 p/acre!
  • Woodland near Ringwood - £36,000 acre – 260% above guide
  • Land near Shaftesbury - £12,000 p/acre
  • Land and building near Dorchester - 62% above guide
  • Bungalow near Ferndown - 33% above guide
  • Cottage near Bridport - 30% above guide

Cornwall

  • Derelict Farmhouse and land (above) - £150,000

Devon

  • Land near Plymouth - £33,000 p/acre

Somerset

  • Land near Taunton - £10,000 p/acre
  • A house in Bath (main picture) - 44% above guide

Commercial property

  • Blandford shop with an income of £12,000 pa - £136,000
  • Sherborne offices with potential for £25,000 income pa - £236,000
  • Stalbridge shop - 9% above guide

Our next auction is to be held on 22 September, if you have a property or land to sell and are attracted to the speed and efficiency of selling at auction, please do get in touch with Mark Lewis 01258 473766 or Meredith Holmes 01202 843190

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