31st Aug, 2026 12:00

The Gold Cup – Classic, Performance & Supercar Auction

 
Lot 31
 

1974 Lotus Elan 2+2
Same owner for over five decades

Registration – AVU 479M

Chassis No. – 73121892L

M.O.T. – Exempt

Odometer – 54,000

The Lotus Elan +2 occupies a particularly interesting place in the history of Lotus. Conceived as a more practical companion to the two-seat Elan, the +2 retained the qualities that had made its smaller sibling so successful – light weight, a sophisticated backbone chassis, independent suspension and the celebrated Lotus Twin Cam engine – while introducing a longer wheelbase and occasional rear seating.

This 1974 Lotus Elan +2S 130, registration ‘AVU 479M’, is particularly noteworthy for its extraordinary long-term ownership. The vendor informs us that the car has remained in the same ownership for over five decades, making this a fascinating opportunity to acquire a Lotus whose history has not been interrupted by a succession of custodians.

The accompanying V5C records just one former keeper and identifies the car as a Lotus Elan +2S 130, finished in white and powered by its 1,558cc engine. It is registered in the Historic Vehicle taxation class.

The odometer currently displays approximately 54,000 miles.

Finished in white, the car presents today with the wonderfully distinctive profile of the Elan +2 intact. Its slender pillars, sweeping roofline, pop-up headlights, chrome bumpers and period alloy wheels combine to make this one of the most elegant designs to emerge from Hethel during the period.

The cabin is equally evocative. The cream interior is complemented by the expansive wood-veneered dashboard, three-spoke Lotus steering wheel and comprehensive array of Smiths instrumentation. A traditional manual gear lever sits prominently in the centre console, reinforcing the wonderfully analogue nature of the driving experience.

Under the bonnet sits the celebrated Lotus Twin Cam four-cylinder engine. The photographs show the engine breathing through twin carburettors, while the engine bay retains its recognisable period Lotus appearance. As an ‘S 130’, this belongs to the more powerful later generation of the Elan +2 family, introduced with the uprated version of the Twin Cam engine.

Importantly, this example is fitted with the four-speed manual gearbox rather than the later optional five-speed unit, giving it a particularly direct and traditional Lotus drivetrain combination.

The car is presented in clearly usable rather than concours condition. Its age and long-term ownership are evident in areas of the paintwork, trim and engine bay, but this is arguably part of its appeal. Rather than appearing to have been comprehensively restored and its history erased, ‘AVU 479M’ retains the character expected of a classic that has spent such an extraordinary length of time with one custodian.

There is also documentary material accompanying the Lotus. This includes its V5C registration document together with invoices and paperwork accumulated during the ownership. Among the documentation photographed are invoices from Lotus specialists, including James Paddock and Holden Vintage & Classic, as well as historic specialist vehicle insurance correspondence. Such material adds useful context to a car whose principal attraction is undoubtedly its exceptionally long custodianship.

The Elan +2 has increasingly emerged from the shadow of the original two-seat Elan. It combines many of the same engineering principles and driving characteristics with a beautifully proportioned grand-touring body and greater practicality. The later S 130 specification is particularly sought after, representing one of the most developed versions of the model.

For the next custodian, this example offers several possibilities. It could be enjoyed and gradually improved while preserving its considerable originality, or form the basis of a sympathetic recommissioning or restoration. Either way, cars accompanied by this degree of continuous long-term ownership are increasingly difficult to find.

With over half a century in the same ownership, just one former keeper recorded on the V5C, its desirable S 130 specification and an accompanying history file, ‘AVU 479M’ is an unusually characterful example of one of Lotus’s most elegant road cars.

Summary

  • Remarkably, the Lotus has remained with the same owner for over five decades
  • Desirable Elan +2S 130 with Lotus Twin Cam power and four-speed manual transmission
  • Offered as an appealing, highly original-looking example with an accompanying history file and scope for sympathetic improvement

 

'A Buyer’s Premium applies to the Hammer Price of this Lot if your bid is successful, as per the following;  Motor Cars 12.5% + VAT (minimum £600 + VAT), Motorcycles and Bicycles 12.5% + VAT (minimum £250 + VAT); Registration Numbers 15% + VAT (minimum £50 + VAT); Automobilia 15% + VAT (minimum of £5 + VAT).'

 Potential buyers should satisfy themselves with the description and condition of each lot prior to sale. Each vehicle is offered ‘as is/as seen’ as per the terms and conditions for the auction, buyers are asked to inspect the vehicle in person or use a professional to carry out the service. Any disputes over descriptions will not be entertained.

 

Estimate
£8,000 - £10,000
 

Buyer's Premium applies (subject to a minimum charge and VAT)

Register to bid

 
 

REGISTRATION

In order to make a bid at one of our auctions, you will need to have an account with us - you can create a user account here. You are also required to register to bid at each individual auction in which you wish to place a bid.  

To bid in person you will need to provide photographic identification. 

You can bid in person, by telephone or online. 

VIEWING

Descriptions of lots for sale are produced from information provided by the lot vendor, we always recommend that you view, in person, any and all lots in which you are interested and that you inspect any paperwork available in the Documents Office. If you are unable to attend the auction in person, Hampson Auctions can offer condition reports via photographs and, dependent on technology/connection available, remote viewing via live video call.  

The Hampson Auctions team members are not mechanics and as such the information provided will be only their honest opinion.

BIDDING 

If attending the event, please make yourself known to the auctioneer when you wish to bid on a lot, either by a wave or vocally if they haven’t seen you. Once an auctioneer has taken a bid from you, they will always come back to you if you have been outbid. 

If you wish to make live bids via telephone, please speak with one of our team on 01606 828124 and we will arrange to have someone available to act upon your bidding instruction. 

If bidding online, please follow the auction live and make bids using the live online platform.

PAYMENTS 

Payment for lots is required by 1pm the day following the auction and can be made by any form of cleared funds. Should payment not be received by then, any lot(s) will be taken into storage at the Buyer's expense.

COLLECTION

Removal of lots can take place once the auction has finished and up until 1pm on the following day. If you are unable to collect yourself, please speak with one of our team should you wish put in contact with our transport / storage partners site at the auction.

DOWNLOAD OUR BUYERS' TERMS & CONDITIONS

 

Auction: The Gold Cup – Classic, Performance & Supercar Auction, 31st Aug, 2026

New Consignments Added Daily
Our team is continually photographing, cataloguing and preparing further entries for the auction.

Our flagship Gold Cup Auction returns to Oulton Park on Bank Holiday Monday, forming a centrepiece of one of the UK’s most celebrated historic motorsport weekends.

Held as part of the prestigious Oulton Park Gold Cup, which returns to its traditional August Bank Holiday date for 2026, the event brings together three days of racing, entertainment and concours-level machinery. With Sunday and Monday acting as the main showpiece days, the circuit attracts thousands of enthusiasts, collectors and motorsport fans, creating an exceptional backdrop and audience for our auction.

The Gold Cup Auction presents a carefully curated selection of classic cars, performance models and supercars, aligned with the quality and prestige of the event itself. With strong footfall, high engagement and targeted marketing, it remains one of the most important sales within the Hampson calendar.

Viewing Days
Saturday 29th August and Sunday 30th August
9am – 6pm
Monday 31st August
9am - 12 noon                                                                                                                                                                                                                                            

Auction
12 noon Monday 31st August 2026

If you wish to consign your vehicle to this auction, you can request a valuation or contact the Hampson Auctions team on 01606 828124.

View all lots in this sale

 

Please click on the image below to discuss finance options with the Apollo Capital team led by Andy King and David Moss, experts in luxury, supercar & hypercar finance for more than 25 years. Before you bid, you must make sure you have the funds ready or have approved finance in principal with Apollo.

 

Fill in the form below and one of our team will get in touch with a no-obligation valuation. We will also take you through the consignment and valuation process, to enable you to make an informed decision.

If you prefer to contact us directly please call 01606 828 124 or email info@hampsonauctions.com

Image

Drag and drop .jpg images here to upload, or click here to select images.