£24,187
1931 Lea-Francis 12/40 HP P-Type Open Tourer
Silverstone Auctions • UK • 4 Aug 2023
Market Position:
World Record
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£24,187
1931 Lea-Francis 12/40 HP P-Type Open Tourer
UK • 4 Aug 2023
Vehicle Details
AI Listing Summary
This 1931 Lea-Francis P-Type 12/40 is a well-restored, open four-seater touring car with a 1,496cc Meadows 4ED engine. Restored from the chassis up in 1985, the car boasts a detailed history file, magazine features, and is ideal for VSCC events.
Condition
7
The car has been conscientiously restored and has only covered around 7,500 miles since. It has had some concours success and features in magazines and periodicals. The car remains in very good condition today and is accompanied by much paperwork including restoration photos and invoices.
/ 10
7,500 miles
VC 6810
1931
Auction
19046
RHD
United Kingdom
£24,187
1931 Lea-Francis 12/40 HP P-Type Open Tourer
Silverstone Auctions • UK • 4 Aug 2023
Market Position:
World Record
Track live values and receive listing alerts
Description
Originally best-known for their high-quality bicycles, the Coventry firm of Lea-Francis went on to produce a bewildering variety of cars during the 1920s.
They eventually settled on using overhead-valve Meadows engines, which proved a shrewd move as these were extremely well-engineered units with great tuning potential, leading to race-winning models such as the Hyper and the Ace of Spades.
Keen to capitalise on this success, various other models were produced for the wider market including the 1927 P-Type 12/40 which was powered by the renowned Meadows 1,496cc 4ED engine.
More powerful than its predecessors, the 38hp 4ED necessitated the introduction of a redesigned chassis, which was longer, wider and equipped with semi-elliptic springing all round, a spiral bevel rear axle and four-wheel brakes.
The result was one of the most spirited touring cars of the late-Vintage period.
The P-Type offered here dates from 1931 and is clothed in well-made open four-seater bodywork by Coventr...
Price Analysis vs Other P Types
£6,048
Lowest Price (Since 2020)
£14,392
Median Price (Since 2020)
£24,187
Highest Price (Since 2020)
World Record
This vehicle has set a new record for the P Type
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Lowest Price
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Average Price
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Rare Sale
This vehicle comes to market rarely. In auction records we've only seen 8 sold before
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Previous P Type Sales
MOT Information
Expired
Expired on 14th Mar 2013
Latest MOT mileage:
2,408 miles
MOT History
Passed
On 15th Mar 2012, 2,408 miles
Passed
On 2nd Sept 2010, 2,379 miles
Passed
On 9th Apr 2009, 2,361 miles
Passed
On 11th Apr 2008, 2,361 miles
MOT Mileage Trend
Gallery
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Auction House Headquarters
Silverstone Auctions
Ashorne, Warwick, Warwickshire, CV35 9AE, England
Located in Warwick, Warwickshire, Silverstone Auctions is a physical auction house handling classic, sports, and collector cars. They conduct live auctions at major UK events and offer vehicle consignment services.
Insurance
