The childhood home of Beatles icon John Lennon sold at auction earlier this week for significantly more than the original asking price of £150,000. 

Just a three-bedroom red brick terrace, on Newcastle Road in the Penny Lane area of Liverpool, the home went to the highest bidder who offered £480,000 ($771,000).

It also features a living room, an upstairs family bathroom, a sitting room, a family shared space, and a kitchen. The walled garden finishes off the property, which has a poster of Lennon in the window. 

The previous owner told the Liverpool Echo newspaper: "I'll be sad to leave John Lennon's first home but I am retired now and would really like a property with a bigger garden. I have made sure original features have been preserved so that they reflect the 1960s period, when the Beatles wowed the whole world with their rock and roll music."

An anonymous American bidder won the house (pictured below) at an auction that took place at the Cavern Club, and he is said to be a huge fan of the Fab Four.