Almost 114 acres of West Cumbrian land went under the hammer for a total of nearly £1 million.
The mowing and grazing land, at Blindcrake, was sold at an auction at Borderway Mart in Carlisle on Wednesday by H&H Land & Estates.
The total acreage sold for £945,000, 35 per cent above the guide price. One lot commanded a sale price in excess of £21,000 per acre.
Located just less than five miles from Cockermouth, the lots at Blindcrake consisted of a number of enclosed fields, some of which benefited from roadside access, woodland areas, and also the inclusion of Basic Payment Scheme entitlements.
Thomas Armstrong, director and chartered surveyor at H&H Land & Estates, said: “I am thrilled with the fantastic result we received for Blindcrake at auction. It is one of the most expensive bits of land I have sold to date given its location and productivity.”
After a period of delayed or postponed auctions and a move to online sales through the pandemic, all involved were keen to get back in the rostrum with a live auction in the ring, H&H Land & Estates said.
A spokesman added: “The atmosphere was electric on the day and the socially distance crowd were pleased to be back. The place had a fantastic atmosphere, with a fantastic trade to match.”
Mr Armstrong added that the property market as a whole was seeing a bounce back.
He added: “After a slower start this season, we have had a surge in properties over the last four to six weeks.
“Demand from buyers has been strong, often outstripping property availability, and there is no sign of this demand slowing.
“The number of sales agrees and sold prices have been consistently strong, probably stronger than anticipated and certainly stronger than in previous years.
“The team at H&H Land & Estates are all thrilled to see the market currently so buoyant, and are excited to see what the rest of the summer holds!”
