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Farmhouse achieves £220,000 above guide

publication date: Oct 30, 2009
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FarmhouseBidders battling to win ownership of a Wiltshire farmhouse that had not been on the market for 76 years drove the price beyond £1 million at auction, far exceeding the estimate. Avon View Farm, at The Star, Holt, near Trowbridge, is a Grade II listed stone built farmhouse with eight bedrooms and set in almost 39 acres of land that goes down to the banks of the River Avon, where there are fishing rights. When it went under the hammer in Swindon in June the guide price of £800,000 to £850,000 was forgotten as three bidders battled to make sure they became the next owners. After one dropped out, the other two continued until the fight was won with a bid of £1,020,000.

“There was a determined air of excitement as the auction got underway at the Hilton Hotel,” said auctioneer Kit Harding, of Carter Jonas. “Clearly, there is very much of an appetite for farmhouses even when a fair amount of work is required to bring the property up to modern standards.”

Two parcels of land alongside the house were offered each of about six acres with guide prices of £30,000 to £35,000. Again there was strong interest, with both eventually going to the same local buyer. The first lot, with two access points and a former stable yard, achieved £60,000 (£9,836 per acre) and the second, pasture, £34,000 (£5,397 per acre).