Border farm sells for £1.5 million at auction
1:16pm Friday 13th April 2012
A 105-acre former dairy farm near the Worcestershire-Shropshire border has sold for £1.5 million at auction in Kidderminster.
Prizeley Farm, Cleobury Mortimer, attracted keen interest when it went under the hammer at auctioneers’ Halls successful property auction on Wednesday night.
The farm comprised a substantial four-bedroomed farmhouse in need of refurbishment, a range of traditional and modern farm buildings together with 105 acres of mainly pasture land with areas of arable land and woodland. The auction price represented £14,285 an acre.
Prizeley Farm had been owned by the Dunn family for many years and, until recently, had been a successful and highly productive dairy farm. The family will now focus activities on their other farm in the area.
The farm is situated on the edge of the Wyre Forest two miles from Cleobury Mortimer and within 10 miles of Ludlow, Kidderminster and Bewdley, with good access to the West Midlands motorway network.
Byfield House Farm, a nine-acre smallholding in the hamlet of Pinvin, near Pershore, comprising a farmhouse, useful range of farmbuildings and pastureland, was not sold and is available for sale by private treaty.
In the same auction, a detached brick house in need of modernisation and with a good garden in St John’s Avenue, Kidderminster sold for £190,000.
The auction was conducted by Roger Sadler, of Halls’ Kidderminster office, who said the sale of Prizeley Farm underlined the strong demand for farms in the West Midlands.
Halls have also completed the sale by private treaty of St Clairs Farm, Abberley, near Worcester, which comprised of a dormer bungalow, a range of farm buildings and over 53 acres of pastureland. The farm had a guide price of £1 million.
For further information about Halls’ next property auction in Kidderminster on May 30 please contact either Mr Sadler or Daniel Lovatt at Halls, Gavel House, Franche Road, Kidderminster on Tel: 01562 820880.