The Accidental Smallholder Forum

Smallholding => Land Management => Topic started by: the great composto on July 12, 2012, 03:37:01 pm

Title: The price per acre where you are
Post by: the great composto on July 12, 2012, 03:37:01 pm
Hi  :wave:
I would love to buy a smallholding at some point but i will be renting locally for the time being.
I am happy to relocate but just wondering how the price of an acre of land varies around the country.  It would be a great help if you are aware of approximate figures for your part of the country just to give me some idea.
Have land prices increased signicicantly in the past few years? Is that going to continue do you think?

Thanks for your help.
Title: Re: The price per acre where you are
Post by: robert waddell on July 12, 2012, 03:46:47 pm
if your strategy is to buy into somewhere cheap     i think you will need to have a rethink        a bolder strewn hillside that will not even feed a sheep will be the cheapest and the dearest will be fenland that will grow veg to a very high standard     then you have  east verses west   east is dryer west is considerably wetter   and north versus south         then you have the possibility of development potential or not a cat in hells chance   a lot of variables and that is before you concider going up against the horsie fraternity that have more money than there horse could s**t :farmer:
Title: Re: The price per acre where you are
Post by: deepinthewoods on July 12, 2012, 03:47:30 pm
cornwall, as a rough average, bare land no planning or outbuildings between 10/15k/acre. up to with planning for 2 houses 300000 for 750sqm.
Title: Re: The price per acre where you are
Post by: the great composto on July 12, 2012, 04:16:50 pm
Thanks robert  - Totally agree with your commeent but thats the reason I asked the question so openly because where I am at the minute a relatively good piece of land nearby was sold for 45k for 3.5 acres with a public footpath straight through the middle. So the price per acre seemed reasonable but the land was not ideal.
I have about a fifth of an acre of allotment at the minute but i fill it with veggies & fruit which I find is easy to handle.   I have become more interested in the livestock side and was planning ahead ( arent we all) for a likely relocation with no specific reason to choose any part of the country in particular.
Title: Re: The price per acre where you are
Post by: Factotum on July 12, 2012, 06:25:33 pm
http://www.anmgroup.co.uk/estates/bare-land.php (http://www.anmgroup.co.uk/estates/bare-land.php)

Agri land varies - 3.25-4K/acre

OR

http://www.anmgroup.co.uk/estates/development-opportunities.php (http://www.anmgroup.co.uk/estates/development-opportunities.php)

Development opp - 45K for derelict house with 1.1acres

Area: NE Scotland, Aberdeenshire.

Good luck

Sue
Title: Re: The price per acre where you are
Post by: Greenerlife on July 12, 2012, 06:35:28 pm
Pretty crappy clay based pastureland here in Surrey sells for around 10000 an acre now, and that's with less than zero chance of development.


Try


www.uklandDirectory.org.uk (http://www.uklandDirectory.org.uk)



Title: Re: The price per acre where you are
Post by: henchard on July 12, 2012, 06:49:00 pm
Discussed here

http://www.accidentalsmallholder.net/forum/index.php?topic=25012.msg242958 (http://www.accidentalsmallholder.net/forum/index.php?topic=25012.msg242958)
Title: Re: The price per acre where you are
Post by: the great composto on July 12, 2012, 09:54:41 pm
Thanks all - some useful stuff for me to have a go at.
Title: Re: The price per acre where you are
Post by: Simple Simon on July 13, 2012, 12:42:53 am
Just for the contrast land with residential planning consent in Oxfordshire is selling for £1,300,000 an acre
Title: Re: The price per acre where you are
Post by: hexhammeasure on July 13, 2012, 08:04:43 am
5 acres steep north facing with water and a shed... 50.000

Title: Re: The price per acre where you are
Post by: MAK on July 13, 2012, 10:57:12 am
Now I could look this up but I am sure someone will know.
How many m2 are there in an acre ?
I saw a road side sign saying 9 Euro a m2 but it was on the edge of a village and thus more expensive than the many isolated places with empty houses and spare land.
Title: Re: The price per acre where you are
Post by: the great composto on July 13, 2012, 11:10:16 am
Mak - approx 4000 - so that would be 36k per acre approx
Title: Re: The price per acre where you are
Post by: robert waddell on July 13, 2012, 11:13:54 am
being of an older generation   i still work in imperial   and it is 4840 square yards in a square acre    it could be round zig zag oblong or whatever it would still be 4840 square yards        :farmer:
Title: Re: The price per acre where you are
Post by: Sylvia on July 15, 2012, 07:29:33 am
We payed £7,000 an acre for our land a few years ago. Recently the field adjoining ours came up for sale, one and threequarters of an acre and the price.............£28,000 :o :o . We didn't buy it!!
Whether that is the going price now or whether the sellers were being greedy I can't say but the sellers decided to keep it in the end. This is South Devon.
Title: Re: The price per acre where you are
Post by: Small Farmer on July 15, 2012, 11:56:01 pm
Noticed a rise in the number of run-down farms in the south-west for sale, always with an uneconomic size and with a house described as in need of refurbishment.   Prices look £8/9k/acre including the house, but that's 80acres and more
Title: Re: The price per acre where you are
Post by: hexhammeasure on July 17, 2012, 08:00:23 am
plenty of places for sale in weardale... long winters short summers and wet...

Title: Re: The price per acre where you are
Post by: Bramblecot on July 20, 2012, 07:47:29 pm
Perhaps I wasn't so daft as folk said when I bought our land :eyelashes: :eyelashes: .  I certainly won't be able to afford any more at those prices  :o
Title: Re: The price per acre where you are
Post by: plt102 on July 31, 2012, 09:24:22 am
I'm in bampton, oxfordshire and land here also going for ten to fifteen grand per acre
Title: Re: The price per acre where you are
Post by: Simple Simon on August 02, 2012, 11:03:57 pm
The Economist this week reported that the price of Welsh farmland had risen from £2600 to £6900 per acre since 2003.


This was in the context of the failure by the Welsh Assembly to make much progress in its pledge to plant 100,000 ha of forestry by 2020.
Title: Re: The price per acre where you are
Post by: Bumblebear on August 02, 2012, 11:24:17 pm
plenty of places for sale in weardale... long winters short summers and wet...

sounds like Norfolk......  :innocent:
Title: Re: The price per acre where you are
Post by: Simple Simon on August 19, 2012, 11:45:26 pm
Paraphrasing a report in Farmers Weekly this week, good farming land in the right place is being snapped up while less favoured farms aren't selling.  Big farms continue to get bigger.


This doesn't help with the price of small lots though.  On the one hand people want a bit of land, on the other the hope value for residential development has mostly vanished.
Title: Re: The price per acre where you are
Post by: Small Farmer on October 07, 2012, 06:12:32 pm
There's ten acres of grazing land near us just on the Herts/Beds boundary going for - wait for it - £175,000.   Absolutely no chance of planning - green belt and not near any other habitation.   None of farmers are interested - its about double what it's worth.
Title: Re: The price per acre where you are
Post by: benkt on October 07, 2012, 09:57:27 pm
Blimey, makes the six acres for sale near us look like a bargin at £65k
Title: Re: The price per acre where you are
Post by: Glebegrower on October 09, 2012, 10:25:13 am
There's ten acres of grazing land near us just on the Herts/Beds boundary going for - wait for it - £175,000.   Absolutely no chance of planning - green belt and not near any other habitation.   None of farmers are interested - its about double what it's worth.
hi small farmer -that wouldn't happen to be near a certain animal feed store would it ?
Title: Re: The price per acre where you are
Post by: MikeM on October 09, 2012, 10:55:13 am
prices vary hugely here, if you want/can afford a large parcel of land you can get it for around the 6-8k per acre mark, but you need to be able to afford or want 15 acres plus. If you only want/can afford a small parcel then you're looking at £16k+. Those are asking prices, there's 6 acres near us reduced to £75k (from £100k!!!) that's been on the market for a while now.
Title: Re: The price per acre where you are
Post by: Fowgill Farm on October 09, 2012, 11:21:22 am
Round us straight ag land is £6-£7k an acre see link http://www.robinjessop.co.uk/t/estate-agents-north-yorkshire.asp?PropertyTypeID=4&locationID=4&PriceFrom=0&Bedrooms=0&Keywords=Optional%20keyword%20ie%20acres,%20stables&PriceTo=4000000&modeID=PropertySearch&DoLogin (http://www.robinjessop.co.uk/t/estate-agents-north-yorkshire.asp?PropertyTypeID=4&locationID=4&PriceFrom=0&Bedrooms=0&Keywords=Optional%20keyword%20ie%20acres,%20stables&PriceTo=4000000&modeID=PropertySearch&DoLogin)=
 
Small holdings
 http://www.robinjessop.co.uk/t/estate-agents-north-yorkshire.asp?modeID=Property&GroupID=4&GroupName=Farms,%20Smallholdings%20&%20Equestrian%20Properties%20for%20sale&DoLogin (http://www.robinjessop.co.uk/t/estate-agents-north-yorkshire.asp?modeID=Property&GroupID=4&GroupName=Farms,%20Smallholdings%20&%20Equestrian%20Properties%20for%20sale&DoLogin)=
some quite interesting ones here.
HTh
Mandy :pig:
Title: Re: The price per acre where you are
Post by: Backinwellies on October 09, 2012, 03:10:05 pm
Must tell my dad his few acres on Surrey Hants border are worth more than his house!!! 

Linda
Title: Re: The price per acre where you are
Post by: YoungRasher on October 09, 2012, 03:59:49 pm
We've just paid £5320 per acre for  23.9 acres near Matlock, Derbyshire. As the above post says, smaller sizes are fetching a lot more per acre which is why we ended up buying so much, A 1.2 acre field that is split into three pieces and only had access through someone elses field has just sold for 17.5k
Title: Re: The price per acre where you are
Post by: Small Farmer on October 09, 2012, 11:40:25 pm
hi small farmer -that wouldn't happen to be near a certain animal feed store would it ?


No it's at Kinsbourne Green near Lady Grey Farm.   


The land you mention at Wheathampsted has planning for stables and bidwells want £360k for 11acres. It's the spoilt brat market.
Title: Re: The price per acre where you are
Post by: Glebegrower on October 10, 2012, 09:35:43 am
Was it 360 k ,i knew it was out of my league but i didn;t realise it was that far !!
you must be quite local to me then !our land at home is worth tuppence hapenny these days (west cork)
but money cant buy you land like this really !
(http://i93.photobucket.com/albums/l59/rory45/ireland2010/ireland141.jpg)
Title: Re: The price per acre where you are
Post by: deepinthewoods on October 10, 2012, 03:46:33 pm
wow. how beautiful. :thumbsup:
Title: Re: The price per acre where you are
Post by: richardtheboffin on October 11, 2012, 10:39:39 am
Pasture here in Dorset varies quite a bit, but my plot cost almost 8k an acre late last year in a sealed bid and I reckon I paid a little over the odds at the time, but it's 300 yards from the house so I really wanted it!

Apparently it's near £12k an acre now!

Also varies a lot depending on size. I think there's money to be made by buying larger plots (>15 acres) and dividing it all up into 1/2-1-2 acre fields and re-selling.
Title: Re: The price per acre where you are
Post by: zarzar on October 11, 2012, 10:53:46 am
Down here in somerset you are looking at any thing between 7-10k an acre sometimes more for land with planning permission. But there is a lot for sale with all the ex council farms being sold off which they have divided in to each field rather than the whole farm just to squease every last penny out of.
Title: Re: The price per acre where you are
Post by: smiley bucket on October 11, 2012, 08:18:39 pm
Eight and a half acres sold at auction on Tuesday near Somerton made £81,000.  It has a few properties around it so I'm guessing the neighbours had a bidding war and will not be talking to each other any more  :roflanim:
Title: Re: The price per acre where you are
Post by: Canadian Sheepfarmer on October 23, 2012, 03:04:52 pm
Here on the prairies, in Saskatchewan and Manitoba the average price is currently $1,200-$1,400 an acre for average land. In Alberta it's $2,000 - $4,000 for non irrigated land. In Ontario its $10.000 to $15,000 an acre.
As at this morning the Canadian dollar is worth 63 pence in GB pounds.
 
Needless to say most of the farmers think that these prices are crazy. I think that they are still a bargain given the world food situation.
Title: Re: The price per acre where you are
Post by: SteveHants on October 26, 2012, 05:23:30 pm
For what its worth I think prices are crazy too, in terms of expexted yeild to repay investment. Therefore, I rent all mine.
Title: Re: The price per acre where you are
Post by: Small Farmer on October 28, 2012, 07:26:47 pm
People buy land as a store of value rather for its return on cost.  So renting can be a win-win for investor and tenant.   It's something to do with not making it any more ???
Title: Re: The price per acre where you are
Post by: bloomer on October 28, 2012, 07:30:00 pm
i wish i had deeper pockets


there's 200 acres of prime grazing/hay producing land going to auction just 2 miles from my house, no buildings lots of clauses that mean if you add buildings the current owners get more money out of you etc.


basically if your not a big farmer don't bother trying...


shame as its in just the right place, 1 of the 8 fields that are up for auction as a single lot would suit me fine!!!!
Title: Re: The price per acre where you are
Post by: hughesy on November 06, 2012, 08:33:24 am
We bought our 8.5 acres about 5 years ago cost us about £5000 an acre. Since then I've been approached by the neighbours on both sides who wanted to buy some or all of it. I've told them both that they had their chance when it was last on the market so why didn't they buy it then, especially as one of them is related to the bloke we bought it off! They both have houses on land bordering ours. Told them that if they seriously wanted it they should make an offer but that it isn't for sale so the offer would have to be one that I couldn't really refuse. Suffice to say that I never heard back from either of them. As far as land is concerned I don't think it's a buyer's market like it is with most other things these days. As someone already said they won't be making any more.
Title: Re: The price per acre where you are
Post by: Fowgill Farm on November 06, 2012, 09:57:55 am
There is some land adjoining ours totalling 11acres and when its owner was a feeling the pinch he offered it to us at £110k making it £10k an acre. It would have been nice to have it but NOT at that price! needless to say we declined and it was just as well we didn't try to raise funds for it as he changed his mind and still owns it now.
Mandy :pig:
Title: Re: The price per acre where you are
Post by: Marsbar on December 13, 2012, 04:37:13 pm
Hi
I have just had an Email from Rightmove about a 0.7acre grazing plot in Sheffield for £30k.....so that would make it nearly £43k/acre. :roflanim:


I will not be looking at that one then !!


At this rate i will be staying with the alotments.  >:(


Richard
Title: Re: The price per acre where you are
Post by: smiley bucket on December 13, 2012, 10:08:32 pm
Realistically, how long would 0.7acres sustain anything grazing on it?  How can it be grazing when it would last only days?  its just a patch for grow your own and a few hens, a lifestyle choice, not grazing. 
Title: Re: The price per acre where you are
Post by: Red on January 14, 2013, 12:35:10 pm
 I have a small holding of 15 acres on the North / West Yorkshire border and a fild two down from mine which is about 5 acres sold privatley for £100K with no planning and never will get planning for houses etc can only be used as farm land
Title: Re: The price per acre where you are
Post by: smiley bucket on January 17, 2013, 01:36:03 pm
you are sitting on a fortune Red! is there gold or oil in them there fields?
Title: Re: The price per acre where you are
Post by: Catweazle on January 17, 2013, 05:23:45 pm
Flat well drained land sells for about £5500 ( in small lots of 2-3 acres ) per acre here near Cardigan.  I think that's pretty reasonable when you consider what you can do with an acre for the rest of your life,  and your kids lives,  and their kids lives.  Land is a damned good investment long-term,  I can't think of anything better to spend money on.
Title: Re: The price per acre where you are
Post by: bealers on February 05, 2013, 12:28:50 am
We bought 26 acres of scrag-end land in Shropshire 18 months ago with our pension for ~ £3k per acre. It's marginal, quite wet, surrounded by monoculture deserts a few meters higher but it included 8 acres of very derelict hazel coppice also at a slightly higher elevation.

I think the person we've bought off felt sorry for us - he made a 30K profit in just 2 years - and for sure commercially it's not worth as much - there's possibly 5 acres pasture in there - but given that we had spent 5 years searching for woodland AND we wanted the option for establishing a small commercial willow operation (for firewood and baskets) then our land is worth a lot more to us than the the average farmer.

It's worth noting that we spent far too long looking for land that we could also live on. In the end we gave up and decided to buy the land, then move near it. We now live 10 miles away. It's a compromise but one I can live with.
Title: Re: The price per acre where you are
Post by: deepinthewoods on February 06, 2013, 07:37:29 pm
well played bealer, im aiming at doing the same.
Title: Re: The price per acre where you are
Post by: smiley bucket on February 06, 2013, 10:21:42 pm
Nice one Bealers, get onto field to farm website/forum and you'll be living there in no time!!
Title: Re: The price per acre where you are
Post by: bazzais on February 07, 2013, 01:15:43 pm
Around 3.5 to 5k and acre for agri land here in North Pembrokeshire.

Lots of land being sold to people trying to live a dream at way over that though - then spend the next 8 years wondering why they cant build a house in the fields they own.  ;-/

Its reason is kinda why all the fields about the place dont have mansions in.
Title: Re: The price per acre where you are
Post by: deepinthewoods on February 08, 2013, 03:38:18 pm
some people dont want a mansion tho, a nice caravan would do me. unless of course the housing shortage is sorted out.
Title: Re: The price per acre where you are
Post by: smiley bucket on February 08, 2013, 07:56:59 pm
I'd love an earth bermed house, got just the place for it on my land too.....