We are now many months into our house search and several of he houses we looked at have now been registered with Land Registry, meaning that we can now see how much they sold for. This gives us a better idea of how much over the asking prices we should be offering to try and secure a purchase. But the main question we have been waiting for an answer to is - how far off the purchase price was our offer for Obain Uaine - the gorgeous house on the Outer Hebrides that we didn't win? Well - the answer is finally in....
So here it is....House 14 - Obain Uaine, North Uist, Outer Hebrides moved quickly to under offer when our bid was unsuccessful at the beginning of August. It was on the market for £280,000, we offered £340,000 and the actual sale price is now revealed as £351,000. We missed out on it by just £11,000.
Sold and registered
House 1 - 26 Balallan, Outer Hebrides, the first house that caught Liz's eye and was a total wreck, went to under offer in April just a few days after going on the market. It sold for the asking price of £55,000
House 3 - Craigmalloch, the loch-side activity centre, went under offer in April and the sale price finally came up in December. Offers over £250,000, sold for £350,000!
House 4 - Wee Knockinaam, with it's own wooded hill and beach front with caves went under offer in June, very soon after being put up for sale, and was sold as of mid-September and price came up in December. Offers over £295,000, sale price £425,000!
House 5 - 4 Glenginnet Road, Barr, the fire-damaged auction property sold for £19,250 and was registered with the Land Registry on 19.7.22. Interestingly it was registered again at £55,500 on 25.8.22 - that is one heck of a quick turn around!
House 15 - Dirniemow, New Luce, the little house on the windy hill, was on the market £170,000. It was finally under offer as of 12th November and the sale price was revealed as £168,500. (As a side note this house also sold in 2008 for £86,000, so someone did some work on it and potentially made a nice margin on the sale)
Moved quickly to under offer, but still hanging in that state months later
House 2 - Loch Droma, the love/hate property, sold at the end of May (not to us, thank the Lord) but was still showing as under offer at the end of August....more to come on this one later!
House 8 - Mid-Dalziel Farmhouse, Dalcross, the one under the Inverness airport flight path sold mid-September after a few weeks on the market. No price on the Land Registry yet
House 11 - The Mill House and Steading at Old Ellick, moved to under offer in line with the closing date we were rushing towards, first week of August, but mid October - still under offer
House 13 - Croft, Muir Of Ord, sold quickly after being listed in August and in mid-October it's showing as sold. We're checking Land Registry for a sale price. Two months from listing to completion
Other properties still showing as Under Offer as of 11.12.22 are
House 6a - Nutwood House & Nutwood Cottage, the house and cottage with it's own coastal strip (went under offer end of August)
House 7 - Upper Rusko Steading, The Fleet Valley, development opportunity (went under offer early June)
House 10 - Ardgeith Steading Development, Strathdon (went under offer just a few days after we viewed it at the beginning of August) (as a note of interest, it also sold in 2016 for £52,500)
House 12 - Woodside Cottage, Chapleton, with resident grumpy farmer
House 16 - Greenbogue Steading
House 18 - The Old School and School House in Beauly is showing under offer (14.12.22)
House 19 - Millside Cottage, with 6 acres and loch frontage is showing under offer (14.12.22)
No takers
House 6b - Kirkbride House, Gelston, the beautiful 5 bed barn conversion, which is also hanging around, and we think this must just be because it is overpriced
House 9 - Salmonhall Cottages, the one with a view over the abattoir, is still for sale despite being on the market all the summer
House 17 - 50 Greenlaw Farm, the development opportunity in Dumfries and Galloway, is still for sale despite being on the market all the summer
Comments