Ten acres of land in Droitwich were sold for over £100,000 at a recent auction.
The sale was part of a larger Shrewsbury auction on Tuesday, February 27, where small parcels of land across Shropshire, Wales and Worcestershire sold for up to £25,000 an acre.
The auction generated a total of £700,000 from seven out of the 10 lots on offer.
<hr>
Read more: Worcestershire County Council staff face 5 per cent pay cut
<hr>
The top-selling land lot was the mentioned 10-acre arable parcel in Doverdale, Droitwich, which sold for £129,000.
This parcel comes with good roadside access off Doverdale Lane.
Halls' chairman, auctioneer Allen Gittins, said: "Small parcels of land are often very difficult to value and the best way to sell them at their true market price is by auction.
"There was a huge amount of interest in all the small parcels of land in the auction and consequently they all exceeded their price guides.
“Many people with money in the bank are choosing to invest in these small parcels to own their own little piece of England or Wales.
“Any property that is slightly different or needing renovation and particularly small parcels of land sell best at auction, provided the price guide is right. The beauty of selling by auction is that the contract is signed on the day.”
The highest bid of the day was not for a land parcel but a property in Whitchurch.
Coed–y–Wye, a detached bungalow poised for full renovation, sparked a heated bidding war, reaching £239,000 from a Devon buyer.
The bungalow, which sits on a corner plot on Alkington Road, includes three bedrooms, a lounge, a dining room, a kitchen, and a bathroom amidst a series of outdoor facilities.
The auctioneers are gearing up for their next land and property sale on Friday, April 26.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here