Cheswardine Estate Sale 1919
Cheswardine Estate Sale
28th May 1919
This was the second part of the Cheswardine Estate to be sold after the end of the First World War
This is a verbatim report from the Newport & Market Drayton Advertiser
On Wednesday last Messrs Barber & Sons offered for sale a number of properties on the Cheswardine Estate.
A small farm known as the Nook House, situate at Great Sowdley, with over 53 acres of land was purchased by Mr S Cooke, Moat House, Haughton, Stafford, for £3,550. (= £66.98 per acre)
The timber on the property realised £96 14s 6d.
Sowdley Farm, a small holding situate in the village of Great Sowdley, containing over 22 acres of land, for £1,900 (£86.36 per acre) to Mr S. Peacock, Hales, who also paid £12 17s 9d for the timber.
Mr Huxley, of Bishop s Offley, purchased for £2,200 (£26.83 per acre) Doley Farm, a dairy and feeding farm, situate on the road from Cheswardine to Eccleshall, and containing 51 acres of arable and 31 acres of pasture land. The price of the timber on the property was £156 8s.
An enclosure of meadow land of over an acre, with a long frontage to the road situate adjoining and at the present time part of Doley Farm, was purchased by Mr H Naggington for £110, and the timber on the property realised £5 8s.
A piece of arable land at present time forming part of Doley Farm, containing 5¼ acres, was purchased for £220 (£41.90 per acre) and the timber £9 2s 9p, by Mr H Naggington.
Mr Fowler, of Sowdley Villa, purchased for £360 a field of arable land situate in the village of Great Sowdley, and containing over 9 acres. (£40 per acre) Messrs Onions and Davies were solicitors for the vendors.
Total proceeds of sale =
These figures give an average value of about £48 per acre for agricultural land in 1919, which does, of course , include the property standing on that land. These figures do not include the value of timber on the land. The 2008 equivalent for agricultural land, without the value of property standing on it is roughly £6,000 per acre, i.e. 125 times the value in 1919. However, if the value of property is considered in addition, then the likely value of property in 2008 is likely to be at least £7,500 per acre, i.e. 156 times the value in 1919. The likely total current value of the property included in the sale shown above would be about, £1,344,720.
Precise details of the properties sold above are not yet to hand, but when further details are available, then a map will be published on this page giving further details.