How much do you pay for farm land on average?
Discussion
Actually, the average is just under £5k an acre now - source
That is of course just a national average. I see you're in Buckinghamshire. We own a farm in neighbouring Hertfordshire and land here has been trading at around £7000 an acre. Couple this with the fact that the farmer is likely to jack up his prices if he knows you're keen to buy, and it could get quite expensive.
Good luck!
That is of course just a national average. I see you're in Buckinghamshire. We own a farm in neighbouring Hertfordshire and land here has been trading at around £7000 an acre. Couple this with the fact that the farmer is likely to jack up his prices if he knows you're keen to buy, and it could get quite expensive.
Good luck!
land can go for silly amounts, i see little point asking for a guide price on the net, as its down to how much the farmer wants to take the piss 3.6 acres went for 68k up the road from us last year last year i paid 200k for 22 acres too much money but to expand the business it was a pill i had to swallow.
As above, basically. Why is it everytime I read about someone wanting to buy ag land here on PH, they feel the need to qualify the statement by saying something along the lines of 'of course, I dont wish to develop it'?. We all know you dont want to develop it 
Anyone selling land with the slightest chance of development would be foolish not to slap a covenant on it anyway.
Anyone selling land with the slightest chance of development would be foolish not to slap a covenant on it anyway.
It's always more expensive if your buying a bit to go with your house, you can only buy that one bit and the farmer is not going to let it go for the normal agricultural rate, my dad has just bought another 2 1/2 acres behind our house as the farmer was selling the whole field so it was the last chance to get hold of that bit and it cost £18 k something and this is in Dorset.
z_chromozone said:
Thanks for the info. I realise that he will jack up the price, but I don't want too big a piece.
Z
Thats exactly what I thought 3 years ago when I spoke to my friendly farmer neighbour and asked if he would sell me the corner piece of the field adjacent to my house. He said yeah mark out what you want and we'l see from there. So I duly marked out an area which was circa 0.25 acre and he came back with the price of................£25k!!!Z
So be warned of a shock!!
Trommel said:
Backtobasics said:
Depends on plot size, currently between 10 and 20k
£20k per acre for agricultural land? I have some you can buy if you like ... Thanks. Seriously my wife has been looking for a couple of acres to put her horses on with temporary shelters for the horses. 1.2 acres went for over £20000 near us recently. I wouldn't have believed it myself as I always thought you were looking around £5000 per acre. It could just be where she is looking that inflates the prices....Backtobasics said:
;) Thanks. Seriously my wife has been looking for a couple of acres to put her horses on with temporary shelters for the horses. 1.2 acres went for over £20000 near us recently. I wouldn't have believed it myself as I always thought you were looking around £5000 per acre. It could just be where she is looking that inflates the prices....
She's likely to be looking for equestrian land then, which often attracts much higher prices than agricultural. Different classification in the eyes of the law (I think - I wait to be corrected!)I don't think you need any change of use etc to stick a horse on a field although any anciliary buildings would presumably need permission.
For sure though any owner will ramp up the price for a smaller area of land. As with anything it'll be worth what someone is willing to pay for it and a horse owner or someone who wants somwhere that their kids can ride a quad will generally consider one acre to be worth a lot more than a farmer who has to get an income back off it.
For sure though any owner will ramp up the price for a smaller area of land. As with anything it'll be worth what someone is willing to pay for it and a horse owner or someone who wants somwhere that their kids can ride a quad will generally consider one acre to be worth a lot more than a farmer who has to get an income back off it.
t11ner said:
I don't think you need any change of use etc to stick a horse on a field although any anciliary buildings would presumably need permission.
If it's a field adjoining your garden and you wish to make it part of your garden, that's a change of use (well, unless you farm your existing garden ) Going from farming to domestic is not automatically permitted.If it were pasture and you just put a gate into it for your kids to go through and run about, you should be fine, from a planning point of view, though.
SJobson said:
t11ner said:
I don't think you need any change of use etc to stick a horse on a field although any anciliary buildings would presumably need permission.
If it's a field adjoining your garden and you wish to make it part of your garden, that's a change of use (well, unless you farm your existing garden ) Going from farming to domestic is not automatically permitted.If it were pasture and you just put a gate into it for your kids to go through and run about, you should be fine, from a planning point of view, though.
Mind you without planning consent for change of use it will make selling the house and land in due course more complex.
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