M21er

Auction | Graham Penny | East Midlands + North | 37 Lots

61 posts in this topic

Lot 36 ( Guide Price: £35,000 + ) From: Graham Penny Auction 11:30 AM, Tuesday 20 March 2012

Address: 9 Findern Court, Mansfield, Notts NG18 3QB

Catalogue: Auction Catalogue Link

The description from the Graham Penny website is: **DRAFT DETAILS**Situated in a cul de sac location, this two bedroomed semi-detached property is sold with the benefit of gas fired central heating and double glazing, representing an excellent opportunity for the owner-occupier or investor to acquire good sized accommodation. © Graham Penny Auctions

Map: Google Maps Link

Last Sold Price: £44,950 on 16 October 2003

Auction Result: Sold Prior

M21er

Any inaccuracies, errors or suggestions, please PM me - To see this result on your Twitter feed: Follow @M21er

View this auction Live

Zopa | Borrow from real people | Rates from 7.5% APR

Share this post


Link to post
Share on other sites

Lot 37 ( Guide Price: £155,000 + ) From: Graham Penny Auction 11:30 AM, Tuesday 20 March 2012

Address: 115 Berry Hill Lane, Mansfield, NG18 4JS

Catalogue: Auction Catalogue Link

The description from the Graham Penny website is: Occupying a good sized plot, this four bedroomed traditional detached property in need of some modernisation represents an excellent opportunity. Situated in the sought after area of Berry Hill on the south side of Mansfield, close to a range of local amenities to include good schools at all levels and within close proximity to the A38, A60, A617 and M1 motorway. © Graham Penny Auctions

Map: Google Maps Link

Last Sold Price: No data found for this property - Click here to search

Auction Result: Sold for £190,000

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

M21er

Any inaccuracies, errors or suggestions, please PM me - To see this result on your Twitter feed: Follow @M21er

View this auction Live

Share this post


Link to post
Share on other sites

Summary of Results

I have now summarised the results for today's auction.

In terms of the numbers of properties where we have direct comparisons with previous sales, I have to say this auction is disappointing. Of the fourteen lots where I was able to find a Last Sale Price on MousePrice.com, only eleven went through the auction on the day.

A couple of big losses compared to prior sales in 2005 & 2006 but we really need more data.

Unfortunately, today we lost the Live data feed at Lot 10 - Hopefully, next time we will have a better connection.

M21er"

Summary ( Includes both Sold and Unsold Lots ) From: Graham Penny Auction 11:30AM, Tuesday 20 March 2012

Biggest Winners ( £ )

1 Lot 9 4 Oak Street, Kirkby in Ashfield, Nottinghamshire, NG17 7HJ £35,000 116.67% ( Result: Sold £65,000, Purchased for £30,000 on 18 June 2001 )

2 Lot 17 77 Edinburgh Street, Goole, North Humberside, DN14 5EH £33,000 137.50% ( Result: Sold £57,000, Purchased for £24,000 on 2 November 2001 )

3 Lot 7 25 Harrington Street, Mansfield, Nottinghamshire NG18 5LS £19,050 76.35% ( Result: Unsold £44,000, Purchased for £24,950 on 5 May 2000 )

4 Lot 25 142 & 142a Egypt Road, Nottingham, NG7 7GZ £11,000 15.49% ( Result: Sold £82,000, Purchased for £71,000 on 1 May 2003 )

5 Lot 8 39 Goodacre Street, Mansfield, Nottingham, NG18 2HH £10,000 25.00% ( Result: Sold £50,000, Purchased for £40,000 on 14 July 2000 )

6 Lot 19 8, Queen Street, Billinghay, Lincoln, LN4 4AX £2,000 2.86% ( Result: Unsold £72,000, Purchased for £70,000 on 15 December 2011 )

Biggest Winners ( % )

1 Lot 17 77 Edinburgh Street, Goole, North Humberside, DN14 5EH £33,000 137.50% ( Result: Sold £57,000, Purchased for £24,000 on 2 November 2001 )

2 Lot 9 4 Oak Street, Kirkby in Ashfield, Nottinghamshire, NG17 7HJ £35,000 116.67% ( Result: Sold £65,000, Purchased for £30,000 on 18 June 2001 )

3 Lot 7 25 Harrington Street, Mansfield, Nottinghamshire NG18 5LS £19,050 76.35% ( Result: Unsold £44,000, Purchased for £24,950 on 5 May 2000 )

4 Lot 8 39 Goodacre Street, Mansfield, Nottingham, NG18 2HH £10,000 25.00% ( Result: Sold £50,000, Purchased for £40,000 on 14 July 2000 )

5 Lot 25 142 & 142a Egypt Road, Nottingham, NG7 7GZ £11,000 15.49% ( Result: Sold £82,000, Purchased for £71,000 on 1 May 2003 )

6 Lot 19 8, Queen Street, Billinghay, Lincoln, LN4 4AX £2,000 2.86% ( Result: Unsold £72,000, Purchased for £70,000 on 15 December 2011 )

Biggest Losers ( £ )

1 Lot 26 1 Church Drive, Carrington, Nottingham, NG5 2AS £47,500 42.22% ( Result: Unsold £65,000, Purchased for £112,500 on 18 August 2006 )

2 Lot 11 64 Pool Close, Pinxton, Nottingham, NG16 6LL £22,000 29.33% ( Result: Sold £53,000, Purchased for £75,000 on 9 September 2005 )

3 Lot 10 141 Tilford Road, Newstead Village, Nottingham, NG15 0BY £5,000 9.09% ( Result: Sold £50,000, Purchased for £55,000 on 11 November 2010 )

4 Lot 6 12 Kitchener Drive, Mansfield, Nottinghamshire NG18 2JG £2,500 5.38% ( Result: Unsold £44,000, Purchased for £46,500 on 21 July 2011 )

5 Lot 12 4 George Street Forest Town Nottingham NG19 0DJ £1,000 2.04% ( Result: Sold £48,000, Purchased for £49,000 on 2 June 2011 )

Biggest Losers ( % )

1 Lot 26 1 Church Drive, Carrington, Nottingham, NG5 2AS £47,500 42.22% ( Result: Unsold £65,000, Purchased for £112,500 on 18 August 2006 )

2 Lot 11 64 Pool Close, Pinxton, Nottingham, NG16 6LL £22,000 29.33% ( Result: Sold £53,000, Purchased for £75,000 on 9 September 2005 )

3 Lot 10 141 Tilford Road, Newstead Village, Nottingham, NG15 0BY £5,000 9.09% ( Result: Sold £50,000, Purchased for £55,000 on 11 November 2010 )

4 Lot 6 12 Kitchener Drive, Mansfield, Nottinghamshire NG18 2JG £2,500 5.38% ( Result: Unsold £44,000, Purchased for £46,500 on 21 July 2011 )

5 Lot 12 4 George Street Forest Town Nottingham NG19 0DJ £1,000 2.04% ( Result: Sold £48,000, Purchased for £49,000 on 2 June 2011 )

M21er

Note 1 The above Summary reflects the position at the close of the auction. Lots may subsequently have been sold which will not be reflected in the above Summary.

Note 2 The above Summary reflects those lots where Auction results were posted onto this thread.

Any inaccuracies, errors or suggestions, please PM me

Edited by M21er

Share this post


Link to post
Share on other sites

Live Auction

| Graham Penny LiveLink | Graham Penny Order of Sale | Lot 1 Details with Next to Lot 2 etc |

Advance Warning! Live Auction is back this morning. The next auction is the Graham Penny Auction from Nottingham on Tuesday 20 March 2012 at 11.30am covering 37 lots.

The properties are predominantly in Nottinghamshire with the odd property from other areas Eg Blackpool, Wallasey Goole. This is a mixed auction with land, pubs and industrial units as well as residential. I have Last Sold Prices for 14 of the residential lots. If you are able to find Last Sold data for any of the lots I have missed or if you have any anecdotal evidence about the property / area, please feel free to add it to the thread. Please also correct any errors that you notice.

If you have local knowledge about any of the lots please post onto the thread - It's the local information that gives us the detail behind the figures.

I will also be tweeting the auction results via Twitter so you can keep upto date even if you're not able to access this thread.

Today's Live Auction from: Graham Penny Auction 11:30AM, Tuesday 20 March 2012

All LiveLink information and live data feeds are provided by EI Group

To be kept up to date about future auctions and see real-time results today: Follow @M21er

M21er

Edit: To include Live Links above

Good work M21er Thanks

Share this post


Link to post
Share on other sites

With regards to losers:

It now seems incredible that the Carrington property would ever have been bought for £122.5 k

The Pinxton, Newstead Village and Mansfield properties are about where I would have thought in terms of sale price. Newstead and Pinxton suffering over many years with pit closures and loss of many other employers in the area. The attempts to regenerate have been short lived or unfulfilled in may cases.

The Mansfield property is on the edge of the town centre sandwiched between main roads and in an area depressed with little to recommend it.

The Forest Town property again unlikely to attract thiose with a little more depsosit who may go for the Clipstone newbuilds, which look seriously over priced and not in an area I would like to live.

Garibaldi secondary school is not burnt down so often nowadays.

My old dentist would be disappointed to find a Berry Hill property in the catalogue and fetching this type of money but it seems the top end properties there are new builds replacing previous houses on the same plots so £190k puts it pretty well where I might have guessed in terms of perceived value.

Edited by man o' the year

Share this post


Link to post
Share on other sites

just a thank you to M21er for taking the time and effort to post the auction stuff.

(dont know why it doesnt just stay in the main forum - but whatever).

thanks

rockhopper

Share this post


Link to post
Share on other sites

just a thank you to M21er for taking the time and effort to post the auction stuff.

(dont know why it doesnt just stay in the main forum - but whatever).

Same here. Thanks M21er!

Share this post


Link to post
Share on other sites

The Mansfield property is on the edge of the town centre sandwiched between main roads and in an area depressed with little to recommend it.

True, rental potential for drug addicts only. Strangely Mansfield has had an excess of council houses in the past and knocked some of the less desirable ones down, I have no idea who ends up in those horror show terraces.

The Forest Town property again unlikely to attract thiose with a little more depsosit who may go for the Clipstone newbuilds, which look seriously over priced and not in an area I would like to live.

Garibaldi secondary school is not burnt down so often nowadays.

Ah my old school, which appears to have improved, but only as the neighbouring ones have dropped down faster than it has.

The Clipo newbuilds are a disaster, all dropped massively since build and are unsellable at anywhere near the original cost. I know people who worked on them and the paint covers a lot of build problems, there are also rumours that there is something very odd about the drains. Still the area is harmless, better than 90% of areas on that list.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.