Archive Article: 1998/08/07

7 August 1998


&#8226 BY pricing 484 acres of bare land at Gainsborough, on the Lincs/Notts border, at £700,000 (£1445/acre), Smith-Woolley has had requests for over 120 sets of particulars. A closing date for best and final offers has been set, for the end of August.

The land at Lea Marsh Farm is prone to flooding from the River Trent, but is grazing cattle and growing linseed successfully. Some 105 acres are eligible for arable aid.

Mineral rights are being reserved. Should they be taken up, the land can be sold back to the vendor at an open market or the sale price, whichever is the higher.

&#8226 THE sale of a 161-acre dairy holding at Ipplepen, South Devon, attracted a large attendance.

Homepark Farm needed a new parlour, but attracted no dairying interest at all, according to auctioneers Rendells. It was offered in seven lots, two of which failed to sell, including the two linked bungalows and farm buildings on 58 acres. The remaining lots were all bought by one individual.

Almost 13 acres made £32,500 (£2531/acre), 12 acres made £30,000 (£2500/acre), a dilapidated stone barn with 24 acres £72,000, and 15 acres of pasture and woodland £35,000.


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