Average prices for 2017 Summer Grazing Auction shot up this year, due to a decrease in the number of lots. Average auction prices increased from £62.69 per acre in 2016 to over £90 per acre this year.
Robert Bell and Company's auction began with the letting (by candle and pin) of 6 acres in the village hall field at Old Bolingbroke. After spirited bidding the highest bid when the pin fell out was £78 per acre.
Most of our lots have been let privately, often to previous occupiers. The overall average prior to auction had remained at around £56 per acre.