Sold! Two-acre woodland plot defies auctioneer’s estimates
PUBLISHED: 08:29 24 October 2014 | UPDATED: 08:29 24 October 2014
A two-acre plot of woodland near Wilburton has more than doubled its estimate at auction.
The woods, in Farthing Drove, Low Fen, were auctioned by Cambridge-based Cheffins and had been expected to fetch about £10,000
But, the day of the sale, the bidding sailed past the estimate, with the land eventually selling for £24,000.
The woods are surrounded by farmland and sit about a mile south of the village.
The auction listing noted: “The property comprises an area of unmanaged woodland with a variety of tree types including pine and birch.
“The land forms one half of a greater area of woodland, the rest of which borders the southern part of the subject property.”
According to Cheffins, the Haddenham Level District Drainage Commission charge £41.80 annually to manage the draining of the land.
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