Value of non development land (and where to buy it)

[anonymous-user]

As recently mentioned on here, I am interested in buying some non development land for argricultural/horticultural purposes or for keeping horses. The issue is that I have absolutely no idea what to offer and no idea where to look, besides the odd lot that comes up on estate agent searches.

I suspect that there is a degree on loading on smaller pasture or grazing plots as these are more sought after, given the popularity of horses these days, but some people on another thread have suggested this sort of land is now going for £20k per acre where they live. I live in the Shropshire Hills/Welsh Borders and arable land is (supposedly only £7-10k) any acre around here. I suppose the answer is that the value is whatever someone is willing to pay.

Where is the best place to find land for sale? There is a complete lack of online resources for this, many are very out of date or lack a guide price?

[softtop]

Rightmove and plotfinder for me.

[DKL]

I look at woodland occasionally and that seems to be aout 10k an acre. I'd expect pasture to be more, especially with any basic infrastructure in place - water/access etc. Woodland.co.uk have woods but also daft covenants which I'd want to avoid.

[Puzzles]

first you need to decide if you want equestrian or agricultural use as I believe there is a difference in planning, also not sure on your area but land with equestrian usage can be fairly expensive in the south.

[anonymous-user]

I would consider woodland. I have some contacts in the timber trade so I have access to people who could manage and thin the woods for me. I'm not really looking for a money making enterprise though.

I would expect equestrian grazing to be both sought after and very expensive.

[akirk]

Newarch said:

I would expect equestrian grazing to be both sought after and very expensive.

It is.

If you think about the cost of buying a 4 bedroom house - let's say £500k - to move up from that to a house with its own space for horses, you are probably adding 50% - 100% to the cost, so it becomes an easy decision to pay £50k for an acre on the edge of your village.

Farming land is at its most valuable for:
- property development
- camping / caravans / mobile homes
- horses

none bear any relationship to the cost of agricultural land

[anonymous-user]

anonymous said:

[redacted]

I had thought that, I do know quite a few local landowners. An odd or awkward parcel of land would probably suit me quite well.

There seems to be a single landowner who is snaffling nearly all the land for sale around my village though, he owns a nearby bottled water factory and the adjacent farm. I wondered if there were some tax advantages to him doing so or whether it is considered to be a long term hedge against inflation. I had always understood that agricultural land was considered to be quite poor as an investment proposition.

[Happy Jim]

A farm is an inheritance tax efficient wrapper (exempt!)