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Dramatic increase in Cornish Auction popularity

Dramatic increase in Cornish Auction popularity

Prominent South West auctioneers, Stags, have recorded a 60% increase in the number of properties they have sold by auction across Cornwall and along the Devon borders.  Auctioneer, Andrew Ranson, says “We are delighted with this result at a time when nationally, the number of lots sold is down by 0.5% and across the South West for the last quarter; the number of lots offered is down 11.6% (according to independent industry analysts, EIG)”.

Mr Ranson continues, “Some of the year’s highlights included our first collective auction at Lakeside, Roadford Lake, near Broadwoodwidger. This is a fantastic auction venue, and with the glorious views out over the reservoir on a balmy August evening, we offered 7 lots, which included 388 acres of land near Mary Tavy to a full room.  This was also the first auction sale that Stags have sold land for South West Water.”  

Another highlight of the year was a collective auction on 3rd October 2016 at The Lanhydrock Golf and Country Club, where 8 lots were offered to a jam packed room of probably over 200 people!  There was something for everyone in this auction, from amenity size parcels of land to cottages to renovate, a building plot and an agricultural sized block of land near St Clether. 

Across the whole of the South West, Stags have maintained a success rate of over 90% which is approximately 15% above the industry average.

Property auctioneers at Stags have a wealth of experience in understanding what types of property sell well by auction and are highly skilled in achieving and regularly exceeding vendor’s expectations.  They could not maintain a success rate of over 90% without this ability.  Selling property by the more conventional private treaty route and by auction enables Stags to give vendors unbiased advice as to what is likely to work best for them.

Please contact Andrew Ranson if you think you may have a property that would suit an auction sale on 01566 774999.