McCARTNEYS Knighton are pleased to report a very successful sale of Cwmgilla Farm, Knighton. The Knighton Hotel was as packed as it had ever been for an auction of one of the largest farms to be offered by public auction for some time. Cwmgilla Farm is located one mile southwest of Knighton and comprises a five bedroomed farmhouse, a good range of modern buildings together with 427.56 acres of pasture and woodland. Around 390 acres of the land is pasture with 37 acres of woodland or thereabouts. The guide price was £3 million.

McCartneys partner, Jenny Layton Mills, conducted the auction and the bidding commenced at £2,500,000 rising over 41 bids to the eventual sale price of £3,060,000 which was a very pleasing result of £7,166 per acre.

Jenny said, “There is still faith in the land market and public auction is the fairest and simplest way to offer farms for sale.”