Taking place at the Admiral Rodney in Horncastle, the auction drew a large number and achieved a hammer price of £361,000 - a good deal over the guide price.
The property had been advertised as follows:
For Sale by Auction
A rare residential development opportunity, situated within the Lincolnshire Wolds and Area of Outstanding Natural Beauty. The property overlooks the valley of the River Bain, offering potential for renovation/extension or erection of a replacement dwelling, in an exceptional location