Eagle-eyed buyer made over $120,000 after discovering old Range Rover probably belonged to Queen Elizabeth II

• A Range Rover was sold for $165,000 after evidence emerged that it probably belonged to Queen Elizabeth II.

• The SUV's value jumped 302%  after footage emerged linking the vehicle to the Queen.

• Historics Auctioneers said the late Queen's ownership of the SUV was probable.

A 2004 Range Rover with suspected ties to Her Majesty Queen Elizabeth II has shattered auction records, selling for $165,000.

The savvy seller discovered video footage of HM Queen Elizabeth II behind the wheel of what could be the very same Range Rover, per This is Money. The clip, captured during a 2005 event, showed the monarch navigating the vehicle with her distinctive number plate clearly visible. This discovery set the stage for the SUV's record-breaking auction.

The auction's outcome was more than double the pre-sale estimate of £60,000, or $75,000 — 10 times the usual price for a second-hand Range Rover that old.

The eventual sale price of $165,000 at an auction in Birmingham, in the UK, was a record for a 2004 Range Rover. It marks a 302% jump in value in just four months. The SUV was originally purchased in July for £33,002, approximately $41,000.

Before the video's discovery,  the only original ownership information was a letter from Jaguar Land Rover, which builds the Ranger Rover, identifying warranty recalls in July 2004 at a Land Rover dealer in London's high-end Mayfair district and one in Aberdeen, Scotland.

It was the closest franchised Land Rover dealership to the Balmoral Estate in the Scottish Highlands, where the Royal Family holidays between July and September, the eagle-eyed buyer deduced, per This is Money.

Historics Auctioneers, who originally marketed the car, said in a statement: "The vendor of the Range Rover had invited anyone possessing photographic/video evidence of Her Majesty with the vehicle to get in touch, which Historics notified in its auction catalog description. Regrettably, this was not forthcoming before the July 22 auction and thus the vehicle was sold with probable royal provenance."