Farm sales reflect faith in the future

The Knells Farm, Houghton and land at Fair Bank, Plumpton were sold by H&H Bowe by public auction at the Shepherds Inn, Carlisle on August 26 – both bought by people intending to farm, confirming faith in the future of the industry.

The Knells Farm

The Knells Farm, Houghton comprised of a stock rearing farm, extending in total to 176.53 acres including a five bedroom farmhouse and extensive range of modern and traditional buildings, land and single farm payments.

The turnout for the auction was incredible on a bright August afternoon and the room was particularly full with farming people from far and wide. David Thomlinson took to the microphone and the atmosphere was electric as he started the proceedings.

As usual in such circumstances the lots and then the whole were offered to the room, and provisionally knocked down at the highest bid. After consultation with the vendors, David proceeded to offer the farm as a whole again to the room of hushed bidders and observers.

Everyone focused their attention on the bidders and it was finally knocked down at £1,550,000, well in excess of the expectations of Mr and Mrs Batey, H&H Bowe and the gathered audience.

Similarly the land at Fair Bank, Plumton proved to be an indication that land is still sought after and prices can exceed the guide price, even in these uncertain times.

Properties sold
ENGLAND
Dryevers, Maulds Meaburn , Penrith
This farm was well received by the market, and attracted interest from many areas of the country. Sold for £1,260,000, to be run as a family farm.

Prospect House Farm, Pelutho, Silloth
Sold recently at auction, after generating a great deal of interest. Lots 1, 2 and 3 sold together to a local farming family for £560,000, including the house and buildings. The remaining two lots sold over their guide prices to
a single local buyer.

The Knells, Houghton, Carlisle
A well presented farm which attracted a significant amount of interest from all parts of the country and beyond. Sold as a whole, to a local farmer for £1,550,000, which was pleasing for all concerned.

SCOTLAND
Willoxton Farm, Mauchline, Ayrshire
This 287.77 acre dairy farm attracted a lot of interest from many parts of the UK, it was guided at £1,500,000 and was sold over the asking price and will continue to be run as a dairy farm.

Meikle Balsmith, Whithorn, Newton Stewart
This 147.26 stock rearing and former dairy farm generated a great deal of interest and was sold well above the guide price of £780,000, this will also continue to be run as a family run farm.

Carseminnoch, Newton Stewart
This first class dairy farm extending to approximately 150 acres was brought to the market in early July 2007 and was sold by the end of the month.

Damknowe Farm, Drummore, Stranrear
This 73.73 acre small holding with derelict 2 bedroom farmhouse, with potential to convert, was guided at £290,000 and was sold following a lot of interest from both the farming fraternity and life style buyers above guide.

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