Collective Property Auction Review - 2020 saw over £10.5 million worth of properties sell at auction with Kivells.
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Kivells 2020 Collective Property Auction Review Collective Property Auction Review 2020 “ 2020 saw over £10.5 million worth of properties sell at auction with Kivells. “ Sam Turner MNAEA - Area Manager
2020 Sam Turner MNAEA Area Manager K ivells built on the success of 2019 using expertise and experience to overcome the obstacles 2020 had in store to provide superb results for our clients. “ “ Our collective property auctions continue to exceed our clients expectations and we are delighted to be achieving such impressive results. The sales across 2020 are a testament to the hard work of the team. This method of sale is proving ever popular with sellers and buyers alike. - Sam Turner MNAEA - Area Manager. 1
Kivells 2020 Collective Property Auction Review K ivells unique overcame the challenges 2020 provided, as Covid-19 nearly £5 million. The August auction was over an million. incredible £10.5 threatened to halt the held at the stunning There has never been a more promising start to the year, Minack Theatre, where important time to choose with a hugely successful two Porthcurno properties the right agent. Kivells year of property auctions. sold in excess of £1 million have the experience and in- with proceeds going to house expertise to ensure Kivells had already held a Macmillan Cancer Care. a successful outcome for successful collective auction clients regardless of world before the outbreak, selling The final collective auction events. over £1.8 million of property of 2020 saw nearly £3 in February. Dedicated staff million of properties sell, Kivells really is the auction ensured nine of the 11 lots taking the total for 2020 that sells! were completed in March despite the country being in lockdown. 2020 saw over £10.5 As businesses began to million worth of reopen, Kivells introduced online bidding and streaming properties sell at auction and strict Covid-19 safety procedures, allowing the with Kivells, with a 95% July, August, September sales success rate. and October auctions to sell
Share in our success Over 1 million auction property views Over £10.5 online million of £2.9 property sales million in 2020 in sales in Oct 2020 auction Kivells auctions attract international interest Over 10,000 live online auction views Hendrawether was in the top one hundred viewed properties on Rightmove in 2020 95% sales success rate in 2020 3
Kivells 2020 Collective Property Auction Review 2020 Analysis - Grand Total Lots sold 59/62 Sales Success 95% Average Sale Price £179,278 Value Sold £10,577,450
2020 Analysis - Individual Auctions Feb Mar Jul Lots 12/13 9/11 9/9 sold Sales 92% 82% 100% Success Value Sold £1,874,000 £1,156,950 £1,977,000 Average Sale Price £156,166 £128,550 £219,666 5
Kivells 2020 Collective Property Auction Review 2020 Analysis - Other Auctions Aug Sep Oct Oct 2/2 Lots 10/10 6/6 11/11 sold Sales 100% 100% 100% 100% Success £1,050,000 Value Sold £1,050,000 £1,156,000 £461,000 £2,902,500 Totals Lots Sales 84% sold 43/51 Success £525,000 Value £115,600 £76,833 £263,863 Sold £13,000,000
Why choose Kivells? K ivells is a proudly independent firm and have been selling property in Cornwall and Devon since 1885 and know our local market intimately. We hold collective auctions for all property types and have a long, successful history throughout the Westcountry. We have our own in-house experienced and dedicated professional auctioneers. Quick and effective method of sale - at the fall of the hammer, the deal is done. Competitive bidding ensures the best market price for your property. Vibrant auction rooms create an atmosphere encouraging purchasers to bid. Bespoke marketing plan to maximise exposure of your property. Property may still be sold prior to the auction. Online bidding available to maximise exposure. Each lot entered into our auctions can be found on the Kivells website, the leading property portals and we provide a comprehensive marketing reach including the local newspapers and social media. www.kivells.com @KivellsProperty Think property auctions, think Kivells. Bude | Callington | Exeter | Holsworthy | Launceston | Liskeard | Wadebridge 7
Kivells 2020 Collective Property Auction Review A message from Simon Alford “ Property auctions are an extremely effective method of sale for the right property. With years of in-house expertise here at Kivells your property really is in the best hands. - Simon Alford - Director. “ Auction venue K ivells collective auctions are held at Kivells’ state- of-the-art agricultural for encouraging bidding. The whole evening is hosted by experienced Kivells staff, The Kivells Holsworthy Agricultural Centre, New Market Road, centre in Holsworthy, Devon. from a warm welcome and registration, through Holsworthy, Devon, A vibrant yet relaxed to bidding and signing of EX22 7FA. atmosphere which is perfect contracts.
Thomas Rattray BSc (Hons) MRICS FAAV Director A uction has proved a very successful method of sale for deceased estates this year, particularly with more unusual property. Poulza (Lot 1) Sold for £315,000 off a guide price of £145,000 9
Kivells 2020 Collective Property Auction Review Hendrawether Sold for £500,000 off a guide price of £150,000 A uction has proved a the potential, and bidding very successful method reached of sale for deceased estates £315,000. an impressive Most unusually, a similar property featured in our 28th October auction, being this year, particularly with a two bedroom farmhouse more unusual property. with outbuildings and 18 acres of land, again near Poulza (Lot 1) being 12 acres the North Cornish Coast of south facing pasture, with at Boscastle. Interest was range of outbuildings, near again keen, given the the North Cornish Coast at deceased held the property Jacobstow, attracted strong in somewhat of a time-warp; interest. Guided at £145,000, the nature of the property the property hosted an old having been unchanged for farmhouse, used by our decades in this charming late client as an agricultural part of the County. Guided building, but maintaining at £150,000 to £175,000, the some features having been hammer fell at £500,000 to last occupied many decades the delight of our Executor ago. Local developers saw clients.
12th February Lots sold 12/13 K ivells kicked off the year of property auctions Sales Success 92% in impressive style as sales topped £1.5 million. Value Sold £1,874,000 SOLD £140,000 Guide £100,000 Golan, Chilsworthy Detached two bedroom Woolaway bungalow sitting in a plot extending to approx. a third of an acre. 11
Kivells 2020 Collective Property Auction Review SOLD £210,000 SOLD £76,000 Guide £135,000-£155,000 Guide £75,000-£95,000 24 Trebarwith Road, Delabole 22 Trebarwith Road, Delabole Three bedroom semi-detached Two bedroom terraced property property in 1.53 acres with offering a useful bolthole. outbuildings. SOLD £250,000 SOLD £128,000 Guide £300,000-£350,000 Guide £89,950 Bodrawl Farm, St Pinnock The Old Coach House, Bude Six bedroom detached residence Prominent town centre building with with far-reaching countryside views. over 125m² of floor space.
SOLD £262,000 Guide £225,000 Low Wood Cottage, Okehampton Traditional three bedroom Devon cottage with adjoining 2 acre level paddock. Bordered by stream and woodland walk with garage, workshop and various outbuildings. SOLD £62,000 SOLD £115,000 Guide £25,000-£30,000 Guide £90,000-£100,000 Land off Trebarwith Road, 1 Kleinfontein Terrace, Pensilva Delabole Three bedroom end of terrace 3.18 acres of level pasture land in a character property in a village single enclosure. location. 13
Kivells 2020 Collective Property Auction Review SOLD £95,000 SOLD £51,000 Guide £100,000 Guide £45,000-£50,000 Land at Trelash, Warbstow Land at Warbstow, Launceston Three level fields north of the village Suitable for agricultural, amenity or of Trelash with road frontage. equine use. SOLD £170,000 Guide £140,000-£160,000 12 Medrow, Launceston Detached two bedroom bungalow with garage and parking in sought after village location.
25th March Lots sold 9/11 K ivells experience allowed the March Sales 82% Success auction properties to be sold by private treaty Value as the country Sold £1,156,950 locked down. SOLD £300,000 Guide £275,000 Hillside, Millbrook A development site with planning consent for the erection of three dwellings which currently has a detached bungalow positioned in the plot which is set in approx. 0.36 acres with panoramic views. 15
Kivells 2020 Collective Property Auction Review SOLD £257,650 Guide £200,000 Trenant Cross Cottage, Duloe An imposing three bedroom detached property occupying approx. 0.5 acres on the outskirts of the popular Cornish village of Duloe. SOLD £24,000 SOLD £32,500 Guide £17,000 Guide £10,000 Land Near Ivyleaf Wood, Bude Land at Treverbyn Farm, St Neot A sloping pasture field extending to 1.99 acres close to the coastal town Approx. 1.46 acres of amenity land of Bude. on the outskirts of St Neot.
SOLD £186,500 Guide £150,000 Keswick, Launceston Spacious detached Woolaway bungalow located on the edge of the favoured village of Trekenner. SOLD £81,250 SOLD £27,750 Guide £75,000 Guide £20,000 Land at Trelaske, Launceston Land near Trematon, Saltash A pretty parcel of pasture approx. Extending to approx. 2.12 acres 8.57 acres with small conifer comprising a single enclosure of woodland. amenity and woodland. 17
Kivells 2020 Collective Property Auction Review SOLD £91,300 Guide £90,000 Lime Kiln Cottage, Looe A two bedroom Grade ll listed character cottage located on the outskirts of the popular Cornish fishing resort of Looe. SOLD £158,000 Guide £120,000 Treverbyn Farm Cottage, St Neot A three bedroom detached character cottage in need of modernisation and occupying a generous size plot.
Mark Bromell BSc (Hons) MRICS FAAV FLAA Director F our lots at Cookbury saw the hammer fall at £597,000 off a collective guide of £395,000, including to one online bidder. Oaklands Farm (Lots 2,3 &4) Sold for £125,000, £47,000 & £125,000 respectfully 19
Kivells 2020 Collective Property Auction Review Oaklands Farm (Lot 1) Sold for £300,000 off a guide price of £175,000 T he Holsworthy town office took a period property in disrepair, countryside to the rear. the auction, consisting of a mix of land and outbuildings The three additional lots of various sizes from 0.28 believed to be a former Beer had an extremely high level acres to 2.5 acres. House, in the rural hamlet of of interest on the lead up to Cookbury to auction. The four properties eclipsed their overall guide price of It was marketed in four lots £395,000, selling for a total to maximise the returns of £597,000 to several lucky for a local charitable bidders. organisation. One of the successful The main house was in bidders was the first to come need of total renovation from Kivells’ new online but boasts an additional 2.5 bidding facility. The bidder, acre paddock and generous who was unable to attend gardens. The detached on the night, was delighted house has three good sized with his purchase and how bedrooms and benefits from smooth the bidding process outstanding rural views was. of the rolling Devonshire
24th July Lots sold 9/9 K ivells sales record continued at the Sales Success 100% Holsworthy Agri Centre with sales topping £1.9 Value Sold £1,977,000 million. SOLD £275,000 Guide £125,000 Happicat, Calstock A unique south-facing centre village property overlooking a tidal stretch of the River Tamar and dramatic Calstock railway bridge. 21
Kivells 2020 Collective Property Auction Review SOLD £300,000 Guide £175,000 Oaklands Farm (Lot 1), Holsworthy Period former beer house. Excellent opportunity rarely available to the market with additional 2.5 acre paddock and generous gardens. SOLD £230,000 Guide £210,000 Arran, St. Austell A unique three bedroom property occupying a generous size plot set in approx. 0.7 acres with development potential STP.
SOLD £47,000 SOLD £125,000 Guide £20,000 Guide £100,000 Oaklands Farm (Lot 3), Oaklands Farm (Lot 4), Holsworthy Holsworthy 0.28 acres of land and outbuilding Mixture of paddock and outbuilding with rural views. with rural views. SOLD £125,000 Guide £100,000 Oaklands Farm (Lot 2), Holsworthy Mixture of paddock and outbuilding with rural views. 23
Kivells 2020 Collective Property Auction Review SOLD £80,000 Guide £80,000 Land at Kingsmoor Bridge (Lot 1), Beaworthy Approx. 14.33 acres. A superb run of productive pasture land in a very accessible location. SOLD £70,000 Guide £70,000 Land at Kingsmoor Bridge (Lot 2), Beaworthy Approx. 12.92 acres. A superb run of productive pasture land in a very accessible location.
Daniel Stokes MNAEA Area Manager K ivells specialise in a diverse property portfolio at auction, as demonstrated by this Bude commercial premises. 25
Kivells 2020 Collective Property Auction Review Bude DIY Sold for £128,000 off a guide price of £89,950 K ivells Bude office perfectly demonstrated the diversity of properties of character features and The vendor attended the enjoys an enviable location sale and watched on in the in the heart of the town. packed, standing room only, the company specialise in auction room, and were auctioning. delighted with the outcome. The Bude team was High interest was enjoyed delighted to bring a rare during the marketing period opportunity to the market and bidding was competitive to purchase a freehold as the price soared past the town centre commercial guide of £89,950, selling for premises. £128,000. The property dates back to A young, local couple the 1800’s and benefits from purchased the property and over 125m² of floor space. are excited to see their plans for the property come to A former Coach House, fruition. the property has a wealth
Kevin Hicks BSc FRICS Director Lots sold 2/2 K ivells sell Macmillan property for Sales 100% over £1 million at Success Minack Theatre. Value £1,050,000 Sold K ivells proudly report superb sales figures totalling £1,050,000 for two properties auctioned at the Minack Theatre for Macmillan Cancer Support. Kivells’ auction took place raised from the sale will to people with cancer, but on Sunday 23rd August in fund the incredible work we are facing a huge drop the glorious sunshine at the charity do including in income as a result of the the iconic Cornish venue. Macmillan nurses, Support coronavirus pandemic. The Large numbers of eager Line, website and online funds raised this weekend bidders arrived from across community, and new will make a huge difference the country to bid on two Telephone Buddies service to the lives of people properties overlooking so that no one faces cancer affected by cancer, who Porthcurno Bay. alone. need our support now more than ever. Bidding was fierce, with James Stebbings, Bracken Bank selling for Macmillan’s Head of Legacy “But none of this would £565,000 off a guide Income said, “We are have been possible price of £300,000, and absolutely thrilled with the without the person who so Minack Lodge selling for result of the auction and generously decided to leave £485,000 off a guide price how much money has been the properties to Macmillan, of £250,000, an impressive raised for people living we are hugely grateful to £265,000 and £235,000 with cancer. We knew the them and to the other two over their respective guides, properties were special but thousand five hundred exceeding all expectation. to raise £1,050,000 from the people who leave gifts to sales is simply astonishing. Macmillan in their wills each The properties were year. These gifts, big and bequeathed to Macmillan “Macmillan relies almost small, provide a third of Cancer Support by an entirely on public donations our income and allow us to anonymous donor. Monies to provide our vital support continue to be there for the 27
Kivells 2020 Collective Property Auction Review growing number of people which exceeded ours, and that need us. our client’s expectations.” “We would like to thank Bidders in attendance were the team at Kivells who full of praise for Kevin and went above and beyond the team, and delighted for to promote the auction the charity, “I am delighted helping us to raise as much the auction went so well and Minack Lodge. I just money as possible to fund for you and Macmillan. The wanted to write to say our support services.” event itself was extremely we applaud you all on the well organised and the amazing job you’ve done Kivells Director, Kevin Hicks, setting simply stunning.” for Macmillan.” said, “We were very anxious The new owners of the to achieve a good result at Another commented, properties originate from the auction at the Minack “Thanks for all your hard Oxfordshire and Newlyn Theatre as we knew the work and professional respectfully. It is believed proceeds were, through approach on Bracken Bank the latter is returning to the wonderful work of his home area following Macmillan Cancer Support, time away. Kevin Hicks going to assisting people commented, “Perhaps living with cancer. proving you can take the man out of Cornwall, but “In the event we were you can’t take Cornwall out blessed with blue skies, of the man.” warm sunshine, tremendous assistance from the theatre Kivells would like to thank team and very strong all who attended the bidding for both Bracken auction, to congratulate the Bank and Minack Lodge purchasers and sincerely which rewarded our thank Macmillan for team’s great marketing entrusting them with such performance with a result an important sale.
9th September Lots 10/10 sold P enultimate collective property auction Sales Success 100% sees all ten lots sell on or well above their Value Sold £1,156,000 guides. L1 SOLD £72,000 L2 SOLD £58,000 L3 SOLD £85,000 Guide £40,000-£45,000 Guide £55,000-£57,500 Guide £75,000-£95,000 Land at Downinney Lots 1, 2 & 3, Launceston 5.86 acres, 7.44 acres and 12.38 acres of land equidistant to Camelford and Launceston. 29
Kivells 2020 Collective Property Auction Review SOLD £315,000 SOLD £105,000 Guide £145,000 Guide £90,000 Land & Buildings at Poulza 22 Dean Street, Liskeard (Lot 1), Jacobstow Three bedroom mid-terrace 11.96 acres and farm buildings. character property situated close to the town centre. SOLD £75,000 SOLD £76,000 Guide £75,000 Guide £30,000 St, Teath Methodist Church, Truscotts Field, Launceston Bodmin 0.76 acres of level land in favoured Prominent centre village former tranquil village. Methodist Church.
James Clack BSc (Hons) MRICS FAAV Rural Chartered Surveyor Lots sold 6/6 E xeter auction demonstrates power of Kivells’ Sales 100% extensive auction Success marketing campaigns. Value £461,000 Sold Lots 1, 2 & 3 Sold for £170,000 Lot 4 Sold for £41,000 31
Kivells 2020 Collective Property Auction Review Vallen Cottage & Garages Sold for £250,000 K ivells’ Exeter office marketing campaign, with demonstrated the power over two hundred and of the companies strong sixty potential purchasers registering their interest, and over sixty pre-auction offers being received. marketing campaigns as six lots sold prior to the An extremely busy period proposed October auction. for the experienced and dedicated team paid off as The properties in Christow all six properties sold for near Exeter included a three a total of £461,000, off an bedroom cottage, a garage overall guide of £377,500. with parking and four small parcels of pasture land of Another fantastic result around an acre, including for Kivells clients’ and for a private allotment and Kivells, who registered a agricultural buildings. 100% sales success rate achieving £83,500 over the Interest was huge in the guide price. build up to the auction, following the extensive
28th October Lots sold 11/11 T he October auction concluded a Sales Success 100% phenomenal year of collective auctions for the Value Sold £2,902,500 company. SOLD £500,000 Guide £150,000-£175,000 Hendrawether, Camelford A smallholding in a pretty rural setting with two bedroom cottage, barn and small range of outbuildings in just over 18 acres. 33
Kivells 2020 Collective Property Auction Review SOLD £770,000 Guide £500,000-£600,000 Milltown Farm, Lostwithiel A four bedroom detached character residence offering approx. 2616ft² of living accommodation across two floors. Includes a range of detached stone built outbuildings. SOLD £440,000 Guide £350,000-£375,000 Tredallett Farm, Duloe Residential smallholding situated in a fantastic rural location close to the South Cornish coast.
SOLD £70,000 SOLD £11,000 Guide £70,000 Guide £5,000-£10,000 The Old Barn, Callington Land off New Road, Liskeard Detached three bedroom house 0.78 acres of woodland/amenity land within the heart of the town centre. within the town of Liskeard. SOLD £180,000 Guide £150,000 Meadowside, Liskeard A characterful three bedroom semi-detached property nestled within an idyllic spot within the parish of Trehunist. 35
Kivells 2020 Collective Property Auction Review SOLD £257,000 Guide £150,000-£180,000 Appletrees, North Petherwin Spacious and naturally light detached bungalow with mature and spacious front and rear gardens in a popular Cornish village location. SOLD £87,000 Guide £50,000 18 Barn Street, Liskeard A one bedroom apartment with a commercial premises below. A substantial and well-proportioned property.
Sam Turner MNAEA Area Manager K ivells property auctions are the benchmark for excellence in the south west. Kivells auction experts host the entire auction, from a friendly welcome and registration, through to our experienced in- house auctioneers, with auctions taking part at our state-of-the-art auction centre. 37
Kivells 2020 Collective Property Auction Review Milltown Farm Sold for £770,000 off a guide price of £500,000-£600,000 K ivells have been holding successful auctions for all property types for over selling for £350,000 over its Kivells have their own in- respective guide. house auctioneers, with decades of experience , and a century across the south Kivells have the in-house access to state-of-the-art west and beyond. expertise to host every auction centres. single aspect of the auction, 2020 has seen the most from a warm welcome to All auctions are live successful year to date the signing of contracts. streamed, with over 10,000 following the introduction of live online auction views the new collective property in 2020, and reach is auctions a few years ago, maximised as bidders are which have become the able to bid online if not able envy of our competitors. to attend the evening. Kivells extensive, bespoke Kivells have the expertise auction marketing plans to sell any property type, attract international from terraced town centre interest and millions of properties, bungalows online property views. and commercial premises, Hendrawether was in the to rural smallholdings, top one hundred viewed land and multi-million properties on Rightmove in pound commercial farms, 2020 ahead of its hugely for a multitude of client successful sale at auction, circumstances.
2021 Sam Turner MNAEA Area Manager K ivells look ahead to 2021. “ Kivells property auctions have gone from and record property views. With seven collective auctions scheduled for 2021, and online bidding “ strength-to-strength, attracting international interest available, we aim to surpass our clients expectations in the year ahead. - Sam Turner MNAEA - Area Manager. 39
Kivells 2020 Collective Property Auction Review K ivells already have plans fully underway for what is looking to be an exciting The introduction online bidding and online streaming, as well as the of property experts a call today. Whether you are selling a home, commercial 2021. Seven collective benefit of being able to property or a multi-million auctions have already been host every last aspect of pound farm. Whether you scheduled with lots being the auction, ensured Kivells are selling via probate, accepted now. can continue to surpass the dispute or just to get the expectation of clients going very best price for your 2020 posed a number of forward. prized asset, you can be challenges for all businesses. sure your property is in the Kivells used their experience If you are thinking of selling very best hands in 2021 and and expertise to not only your property by auction, beyond. adapt but ensure the give your local, trusted strongest possible solution for the unprecedented events of the year. Kivells have a full schedule Kivells used this time to for 2021, including seven strategically position the team to better service collective property the south west, including auctions. Think property opening the estate agency operation in the Cornish auctions, think Kivells. town of Wadebridge.
2021 auction dates Wednesday Simon Alford Director Mark Bromell BSc (Hons) MRICS 10th February FAAV FLAA Director Wednesday 17th March Wednesday David Kivell Thomas Rattray 5th May FRICS FAAV FLAA Director BSc (Hons) MRICS FAAV Director Wednesday 16th June Wednesday 4th August Ian Caunter Jackie Chegwyn BSc (Hons) MRICS MNAEA FAAV FLAA Associate & Farms Coordinator Wednesday Land Agent 22nd September Wednesday 10th November Denise Winfindale Sam Hockin MARLA FNAEA MNAEA Associate & Office Senior Sales Manager Negotiator For further details, including times and venue, and information on how you can bid online, please visit Katie Wilbraham Sharron Ruby www.kivells.com Sales Negotiator Sales Progressor 41
Kivells 2020 Collective Property Auction Review Bude Meet the Kivells team 8 Belle Vue, Bude, Cornwall, EX23 8JL bude@kivells.com 01288 359999 Callington Mark Bunt Kevin Hicks 51 Fore Street, Callington, Cornwall, BSc MRICS FAAV BSc FRICS PL17 7AQ Director Director callington@kivells.com 01579 384321 Exeter The Matford Centre, Matford Park Road, Exeter, Devon, EX2 8FD exeter@kivells.com 01392 252262 Holsworthy Daniel Stokes Sam Turner 20 The Square, Holsworthy, Devon, MNAEA MNAEA EX22 6AN Area Manager Area Manager holsworthy@kivells.com 01288 359999 Holsworthy Market New Market Road, Holsworthy, Devon, EX22 7FA farms@kivells.com 01409 253275 Launceston James Clack Megan Randle 2 Broad Street, Launceston, Cornwall, BSc (Hons) MRICS Senior Sales PL15 8AD FAAV Rural Chartered Negotiator launceston@kivells.com Surveyor 01566 777777 Liskeard 7-8 Bay Tree Hill, Liskeard, Cornwall, PL14 4BE liskeard@kivells.com 01579 345543 Amanda Holt MNAEA Claire Whiting Sales Negotiator Wadebridge Senior Sales wadebridge@kivells.com Negotiator 01208 503111 Katrina Shadrick Beth Cribb Farms & Land Property Administrator Administrator
Contact you local Kivells office today for your FREE, no obligation market appraisal and valuation. Our certified experts can advise you on the best method of sale for your property. www.kivells.com Kivells. The auction that sells!
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