Masterpiece worth £250,000 found on wall of empty London bungalow
A masterpiece oil painting worth £250,000 has been found hanging on the wall of an empty bungalow in north London.
The depiction of the Madonna and Child by Filippino Lippi, a student of Boticelli, was painted in the fifteenth century, Independent reports.
She has been living in a care home since last year and her family recently put the bungalow up for sale to help pay the costs. It was only then that her family found out that the oil painting was worth a quarter of a million pounds. They had no idea about the painting, its history or its value.
It was discovered during a routine valuation of the contents of a house by Dawsons Auctioneers valuer Siobhan Tyrell, who has appeared on the Antiques Roadshow. The oil on canvas painting, which measures 50cm x 43.5cm, fetched £255,000 when it went under the hammer at auction.