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Ooh, didn't see that one. There was an 853 (or something) Ridgeback that went for £200 as well which looked like a bargain. The problem with curveballs like that is I spend so much time researching and prevaricating that it's sold before I make my mind up! And buying things without test-riding them is a bit concerning to me.
There was a Dawes frame made of either Reynolds 723 or 725 on the Bay a few days ago.