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Farmland sells for pounds 14k/acre.

A PLOT of farmland in the Vale of Clwyd sold for more than twice its guide price at auction on Monday.

Neighbouring farmers entered a bidding war for the 8.278-acre parcel at the Jones Peckover sale at Brookhouse Mill, Denbigh.

The hammer finally fell at pounds 120,000, or around pounds 14,500-per-acre.

The grade two land, between the properties of Hafodyllan and Wurain near Llanynys, included a small copse of shelterbelt.

At the same sale a set of paddocks opposite Cil-y-Groeslwyd Bach fetched pounds 56,000, or around pounds 6,500-an-acre.

The 8.7-acre plot, alongside the River Clwyd, was sold with fishing rights.
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Title Annotation:News; Teasers
Publication:Daily Post (Liverpool, England)
Date:May 12, 2011
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