Star’s front row seat for sporting history
- Local newspaper week
£5.5m estate sold to mystery buyer
Thursday 14th August 2008, 11:00AM BST.
A huge Shropshire country estate has been sold to a mystery buyer for more than £5.5 million.
See also: Dream estate costs £5.5 million
And estate agents said it proves there is still keen demand for land in the county, particularly those offering facilities for shooting and fishing enthusiasts. The 995-acre Marrington Estate was marketed by Balfours Property Professionals with joint agents Knight Frank in May.
Tim Main, of Balfours’ office in Windsor Place, Shrewsbury, said: “We had tremendously strong interest, with inquiries from throughout the UK and overseas, including a significant level of interest from within the county.”
He said it sold within 14 weeks for an undisclosed sum, “well in excess” of the £5.5 million guide price.
Marrington Estate, between Chirbury and Church Stoke, is a renowned sporting and agricultural estate with potential for a pheasant shoot and trout fishery.
Extending to 995 acres (403 hectares), the estate includes four farms, three farmhouses and three farmyards, as well as two cottages.
The land includes Marrington Dingle, a deep, naturally-wooded valley with the River Camlad flowing through.
Half of the land is grade-three farmland, providing good soils for arable cropping.
Mr Main said: “There was competitive bidding, particularly from Shropshire, demonstrating land in the county is consistently selling at £6,500 per acre or above.
“This sale also reflects the scarcity and demand for larger blocks of land coming to the market.”
Mr Main said the successful buyer was “a person with Shropshire connections”.
“Without doubt this sale bodes well for the long-term strength of the Shropshire land market, particularly with four of the last five bidders being from within the county,” he said.
“The Press is focused on the credit crunch at present, but our experience is actually a good deal more positive.
“The Marrington Estate, brought to the market and sold within 14 weeks and above its guide, reflects that.”
Shropshire Star on Twitter
Keep updated with the latest breaking news and content on our Twitter feed.
Lifestyle
Interactive Dining Out map
Hundreds of reviews by the Shropshire Star and Express & Star's teams to help you decide where to eat.
LIVE traffic updates
Road, rail and airport - latest
Our new, live traffic and travel updates service - check before you set out.
OUR NEW APP
Get the new Shropshire Star app
Download the Shropshire Star’s new app to your iPad or iPhone to get one week of access to our digital newspapers absolutely FREE.
So – what are the legal means to find out who now owns this land?
Report abuse
It was offered to me but it’s not my type of place.
Report abuse
Devil, indue course it will have to be registered with the Land Registry, costs £4. But you could alway knock on the door and say you are their neighbour and ask to borrow a bowl of sugar.
Report abuse