Formerly named as Barrington House on the outskirts of Croscombe near Shepton Mallet, comprising derelict property, barns and land extending to 7.51 acres, the property attracted plenty of pre-sale interest from a number of would-be buyers.
On the night the guide price of £250,000 was comfortably exceeded as bidding soared to an impressive £370,000.
“Once again this demonstrated that selling at auction can reap rewards for vendors,” said Jeremy Bell, of the Burnham office of Greenslade Taylor Hunt.
Land prices were also buoyant. Nine acres of agricultural land at Stone Allerton sold for £132,000 from a guide of £75,000, while 1.12 acres at Cheddar made £30,000 and a smaller plot at Berrow – 0.41 acres sold for £15,800.
Other land prices included £60,000 for 10 acres at Bason Bridge and £47,500 for 10 acres at Westhay, near Glastonbury.
Plans are already in place – and three lots have already been entered - for the next property auction, which will take at Batch Country House, Lympsham, on June 13 at 7pm.
For more information please contact the Burnham-on-Sea agricultural office on 01278 765588.