Property auctioneer Auction House ended the year with lot sales up by over two thirds on 2010 (67%) – almost 7 times the national average (which currently stands at just 10%).

The national brand sold 1,830 lots last year from 2,232 offered – achieving an impressive 82% success rate and raising over £170 million (£170,587,000) in the process.

Auction House Founding Director Roger Lake said: “This is another set of superb statistics for Auction House. 2011 marked an impressive year of growth for our regional auctions – achieved on the back of increased repossession instructions and a growing local appetite for the quick-sale solution that auction presents.

“Certainly more national instructions are now being sent to regional auctioneers and achieving higher prices as a result. Purchaser-demand has been high too – with full auction rooms and spirited bidding.”

Roger Lake added: “Our local auction room service now covers the majority of the country and we also offer the back-up and support of a central London auction room. This powerful combination of ‘local-plus-London’ is unique to Auction House, and has proved to be an outstanding success.

“The strides made in 2011 give us a strong platform for even further growth. 150 auctions have been scheduled for 2012 comprising around 3,000 lots and we will be opening more auction rooms in new territories across the UK later this year.”