Farmland Review 2025
Review of 2024
Preparing for and conducting a farm sale
Rural planning update
What drives land value?
Welcome… to the latest edition of our Farmland Review
As we reflect on a very busy 2024, we recognise the political and economic challenges that have shaped and will continue to influence the farmland market as we move into 2025.
The farmland market performed well through 2024, with demand outstripping supply and values holding firm, showing modest growth across many regions. However, the rate at which values have risen is beginning to slow due to factors such as interest rate levels and reducing subsidy support.
In 2024, we saw a notable increase in supply of land to the market, more than in recent years, with a significant proportion traded privately. We anticipate constricted supply in 2025 as landowners consider the inheritance tax reform proposals in full detail.
The buyer profile remains diverse, with nonagricultural buyers representing an everincreasing percentage, driven by interests in renewable energy, carbon offsetting, afforestation, conservation and other natural capital projects.
In this edition, Matthew Allen reviews the 2024 farmland market. I provide a detailed appraisal of the farm sales process, offering useful guidance for any potential vendors this year. Nia Borsey from our national planning team gives a timely rural planning update, highlighting the added value our specialist advisory teams provide to our farm agency team and our wider client base. David Kinnersley delivers a critical agribusiness update, and I’m delighted that Helena Tibbitts has contributed an insightful article on the factors affecting farmland values from a Registered Valuer’s perspective. Tom Dennes updates us on our successful online auction platform, showcasing some impressive results achieved through this sale method. Finally, Patrick Ellicott rounds up our outlook for the 2025 farmland market with predictions for the year ahead.
As we look ahead, we consider the Chancellor’s proposed amendments to both agricultural and business property relief, as well as the reduction in capital gains tax reliefs on our sector. While it is too soon to predict the impact of these changes, we are confident that farmland will continue to attract significant interest from a range of buyers.
Early engagement and preparation remain key for those considering a sale or acquisition in 2025 and beyond.
We hope you find our Farmland Review insightful. If you have any questions or would like to discuss the topics further, do get in touch. We're here to help you understand the farmland market in your area.
Richard Gadd National Country Agency Team
Farmland Review 2024
The main headline from 2024 was a period of political change, which was then followed with significant Budget announcements on APR and BPR. There was already little to cheer from an agricultural perspective which has seen a notable increase in supply of farmland being marketed. The majority of this has been met with solid demand but the premium prices achieved in previous years have been few and far between.
Supply
Supply across England was about 20% higher (c. 90,000 acres) in 2024 compared to 2023 (c.75,000 acres), with significant regional variations. Supply was up markedly across the East Midlands and South West, and conversely, down across the North East and West Midlands.
The increase in supply principally came off the back of a combination of debt serviceability, continued pressures on margins from input costs, and reducing subsidy payments.
It is worth noting that a number of substantial farming estates were launched in 2024, somewhat distorting national supply volumes and drastically distorting some regional volumes. The overall national increase in percentage supply level therefore needs to be treated with caution and considered in a historic context. Furthermore, and of note, is the increased number of farms withdrawn from the market last year. There were more estates, mixed farms and grassland farms offered to the market last year compared to recent years, with fewer arable farms offered. Overall, 2024 saw the greatest volume of individual farm holdings marketed since at least 2019, and more ‘larger’ farms (500–1,000+ acres) marketed than in the prior three years.
We estimate the volume of privately marketed farms remains about 25% of that seen publicly, with some regional variation.
Demand
Whilst there were no significant surprises, we saw fewer farmer buyers recorded against sale data, perhaps through more caution on values and/or offering more sensitive prices, rather than through interest levels for purchasing further holdings. Farmers remained the principal buyer type in 2024.
Rollover buyers played a significant part in the marketplace but were focused on the larger opportunities and saw more choice in 2024 than for many years. With more opportunities in the marketplace, they generally took a more cautious approach to their buying decisions.
Developers and strategic land buyers remained inquisitive for medium and long-term freehold strategic opportunities. We expect this trend to continue based on the fierce levels of competition and strengthening capital values for genuine freehold strategic land holdings.
Demand from corporate and private investors remained firm for carbon investment, offsetting opportunities and rewilding. Whilst not representing a significant proportion of buyers, where they are active they are certainly impacting on both demand levels and values. The recent taxation treatment announcement for land managed under environmental schemes has bolstered confidence for those private high net worth individuals.
Institutional and charity-led buyers were active for genuine strategic holdings, longer-term tenanted opportunities with reversionary uplifts, and for mixed use opportunities where not solely reliant on agricultural returns. The proportion of farms and land holdings sold to institutions increased in 2024 from 2023.
Non-farming, private lifestyle and amenity buyers drove demand for smaller residential farms, bare land opportunities and farms with diversified income streams or potential to ‘add value’.
Vendors
Farmers remained the principal vendor type in 2024, often citing retirement, debt or reducing subsidy payments as principal reasons for sale. Some have sold off-lying holdings to reduce debt pressure and/or to reinvest/ diversify in non-agricultural income streams.
Non-farming investors represent circa 15–20% of all vendors, selling principally to reinvest in alternative asset classes or to exit the market following a significant decade of growth in capital values.
Institutional, corporate and charity vendors represent circa 10% of the vendors at present but the acreage they have been offering represents a great deal more than the equivalent 10% of acres marketed.
Values
Whilst values remain driven by location, scale and quality, the recent increase in supply has provided more opportunities, allowing buyers more freedom and discretion to offer in a less competitive environment in many regions. Subsequently, average values remained fairly static in 2024.
Pastureland values outperformed arable land values in 2024, the former up 5–10% in some regions compared to arable values which remained more muted.
One clear theme emerging in 2024 was the reduction in the very highest prices paid for farmland. The difference between the lowest and highest values achieved is contracting after a significant period of widening from 2000 onwards.
Average arable land values across England now sit around £10,900/acre and pastureland values sit around £8,700/acre. Significant price variations remain across counties and even within parishes.
Matthew Allen National Country Agency Team
Preparing for and conducting a farm sale
Selling a farm or estate can be challenging and time-consuming. The key to a smooth sale lies in thorough preparation and early engagement.
Here are 10 key stages to consider:
1. Making the decision
The decision to sell is a significant milestone that should be made with a clear agreement between all relevant parties. This decision may stem from retirement, a change in lifestyle, or other factors. Early conversations with professional advisors, such as accountants and selling agents, can provide initial guidance on taxation liabilities and sale values. It’s also wise to consult with the bank manager and other relevant parties to ensure there are no long-term commitments that could hinder the sale.
2. Early engagement
Early engagement is crucial for a successful sale. Assemble a team of professionals, including a selling agent, a solicitor and an accountant, early on. This team will work together to understand your objectives and timescales. Regular updates should be scheduled for all parties. At this stage, your solicitor may set up an online data room to store all relevant property details. Your accountant should provide an overview of potential tax implications, such as capital gains tax liability and available reliefs.
3. Reviewing the property
Conduct a detailed investigation into the property’s title, plan, and all historic conveyances. This review should identify any covenants, easements, wayleaves, restrictions, boundary discrepancies, mineral reservations, historic overages, option agreements, pre-
emptions, and existing charges. Any planning discrepancies should be addressed at this stage. Transfer these documents into the data room where applicable.
4. Marketing strategy and timing
As your selling agent we will advise on the most suitable method of sale, whether by private treaty, informal or formal tender, or auction. Consider lotting properties to maximise value and attract a wide range of prospective purchasers. Pricing the property accurately is critical, taking into account factors like location, demand, property type, condition, soil quality, and accessibility. Timing is also important; the farm should look its best when marketed, often resulting in a spring or summer launch. Discuss and agree on holdover for residential, land, and building assets, as well as for a machinery sale if needed.
5. Pre-sale preparation and adding value
Prepare the property for marketing by agreeing on any necessary repairs and maintenance, such as replacing roof tiles and clearing out buildings. This allows prospective purchasers to fully appreciate the property, and reduces hassle once a sale is agreed. Ensure any retrospective planning consents are secured. Agree on any proposed overage/development uplift provisions or other reservations. Instruct searches in advance and prepare draft contract, transfer, and overage documents. Upload all relevant documents to the online data room.
6. Advertising and viewings
As a farm agent, we will develop a comprehensive advertising strategy to expose your property to the widest audience. We will use various marketing platforms, including Farmers Weekly, Farmers Guardian, The Sunday Times, online portals, local and regional publications, and social media. Excellent photography and clear plans are essential for sales brochures, along with detailed descriptions and key selling points. Fly-over videos can help prospective purchasers understand the property layout and condition. For Sale boards can quickly raise local awareness. Plan viewings, including open days if appropriate.
7. Negotiation and offer acceptance
The method of sale will dictate the negotiation process and timescales. Negotiations may close via best and final offers or be negotiated between parties. Beyond the purchase price, negotiations may include holdover timescales, early entry, and fixtures and fittings. Agree on all relevant matters at this stage to avoid delays later. Once an offer is agreed subject to contract, we as agents must carry out due diligence on the proposed purchaser. A notification of sale will clarify all agreed terms and instruct solicitors. At this stage, neither party is legally bound to transact.
8. Conveyancing
Solicitors will be instructed with a notification of sale and any further queries clarified. They will aim to agree on the sale contract, transfer, and other legal documents swiftly. Having draft documents available in the data room can expedite this process. Our role is to work with all parties to resolve minor negotiations and ensure the sale remains on track.
9. Exchange and completion
Once all documents are agreed, solicitors and parties will set a date for the exchange of contracts, where deposit monies are paid and both parties become legally bound. If the purchaser is using cash funds, exchange and completion may occur simultaneously. If borrowing funds, there may be a gap between exchange and completion for the lender to transfer monies. Completion transfers property ownership to the purchaser.
10. Post-completion works
Arrange a handover meeting to transfer keys to the purchaser and take final meter readings. Inform the Land Registry of the ownership change, and the vendor should cancel insurance and inform energy suppliers and other relevant parties of their new address. Release funds to the vendor as soon as possible post-completion. Agents will handle any environmental schemes, wayleaves, etc. that need transferring.
Selling a farm or estate is a complex process that involves numerous parties and significant pre-sale preparations. Flexibility and sound advice are essential throughout. The farm agency team at Fisher German offers independent, honest, clear, and professional advice to all clients. For more details or to discuss the sale process, please get in touch.
Richard Gadd National Country Agency Team
A selection of farms sold in 2024
A fully equipped ring-fenced livestock farm in a highly sought-after location. In all about 200 acres. Lower Hall, Cheshire
Land at Beoley, Worcestershire
A ring-fenced grassland holding with amenity appeal. In all about 122 acres.
A ring-fenced grassland holding with significant amenity appeal and potential for alternative uses (STP). In all about 58 acres. Land at Brixworth, Northamptonshire
Land at Weedon Lois, Northamptonshire
A productive arable holding in a ring-fence, with planning consent for a new agricultural building. In all about 210 acres.
A ring-fenced livestock farm with three-storey dwelling and farm buildings. In all about 123 acres. Bentilee Farm, Staffordshire
A productive grassland holding under organic management in a highly sought-after location. In all about 75 acres. Land at Slawston, Leicestershire
Scorton Grange, North Yorkshire
A fully equipped arable and grassland farm with three dwellings, subject to an Agricultural Holdings Act tenancy and a Farm Business tenancy. In all about 257 acres.
Land at Tin House Farm, Leicestershire
An accessible grassland holding in three distinct parcels with strategic potential (STP). In all about 133 acres.
Land at Biggin, Derbyshire
Productive pastureland with mature woodland subject to various tenancies. Significant amenity appeal and potential for alternative uses (STP). In all about 103 acres.
Rural planning update
Agricultural Permitted Development Rights – England
Permitted Development Rights (PDR) offer significant benefits to farmers and landowners, enabling quicker, cheaper and easier development. There may be new allowances and changes on the horizon.
On 21 May 2024, following a consultation in summer 2023, the UK government updated the legislation surrounding PDR for agriculture in England. These rights now offer
Housing delivery
The legislative update allows the creation of up to 10 residential dwellings with a maximum potential floor area of 1,000sqm under Class Q, with each dwelling capped at a maximum cumulative floor area of 150sqm. It is also possible to develop three larger dwellings at a cumulative floor space of 465sqm, enabling the creation of larger properties.
More barns now qualify for PDR, including those no longer in agricultural use, providing they were agricultural on 24 July 2023. Additionally, the legislation now permits single-storey extensions to the rear of buildings up to 4m if there is existing hardstanding area.
greater flexibility for agricultural development and diversification on agricultural units, enabling farm diversification without the need for a full planning application. The updates include expansions for:
• Residential conversions (Class Q)
• Agricultural diversification and flexible uses (Class R)
• Farm buildings (Class A & B)
Agricultural diversification and flexible commercial uses
Class R has been expanded to allow greater flexibility in changing the use of existing agricultural buildings to commercial uses. This includes:
• Class B2 (general industrial)
• Class B8 (storage or distribution)
• Class C1 (hotels)
• Class E (commercial, business or service)
• Class F2(c) (outdoor sport or recreation land)
• for the provision of agricultural training. The total floor space that can be changed under Class R has been increased to 1,000sqm, and the building does not need to be redundant.
Class R now allows proposals for a mix of permitted uses on the same site, facilitating uses such as farm shops.
Agricultural buildings
Class A has been expanded to allow new agricultural buildings up to a size limit of 1,500sqm (subject to being above 5ha) enabling farms to respond to challenges faced in the agricultural sector and align with modern practices. Class B has also been updated, allowing extensions to existing agricultural buildings now up to an increase of 25% of their cubic content, but restricted to a 1,200sqm expansion (on a holding below 5ha).
The updated English PDR legislation is likely welcomed by most farmers and landowners, providing multiple benefits without the associated planning costs or delays faced by Local Planning Authorities (LPAs).
Second homes and short-term lets –Spotlight on England and Wales
In 2023, consultations were held by the UK government and Local Planning Authorities (LPAs) in Wales surrounding second homes and short-term holiday lets. Wales is taking the lead, with Gwynedd Council becoming the first LPA in Wales to implement an Article 4 Direction across their entire county, effective from 1 September 2024. The Article 4 Direction revokes the PDR to change the use between C3 (dwellinghouse), C5 (shortterm let) and C6 (second home). Any change between these uses after 1 September 2024 will require full planning permission to the LPA.
This measure was introduced because approximately10% of dwellings in Gwynedd were chargeable as second homes, a substantial portion of rural housing being used for tourism purposes.
This significant stance by Gwynedd, the second largest county in Wales, is being considered by neighbouring LPAs, with
Snowdonia National Park Authority and Anglesey Council consulting on similar measures for 2025 and 2026, respectively.
England may well follow Wales’ lead, and further Article 4 Directions could be introduced to manage the change of use through planning powers. While shortterm lets can support the rural economy and tourism sector, it is crucial to balance this with the needs of local communities, especially in rural areas both in England and Wales.
Nia Borsey Planning
Agribusiness
The past 12 months since the last Farmland Review in 2024 were challenging, and the agricultural sector still has a lot to adjust to in 2025. UK farmers faced a year of uncertainty in 2024 due to changing UK farming policies, a new government, and their controversial Budget. Additionally, wheat crop plantings were at their lowest for many years, owing to the wettest September to May on record. Winter-sown crops were particularly affected, resulting in the smallest harvest since 2020 and reportedly the third worst since 1984.
Although falling fertiliser and energy costs helped mitigate the lower crop yields, margins still suffered. Combined with lower Basic Payment Scheme (BPS) payments, returns to farmers were not impressive, with Contract Farm Agreement returns being about a third of the high returns from harvest 2022. Those fortunate with the weather and who sold forward harvest 2024 crops were the winners.
There is, however, more confidence in the UK livestock sector, with consumer trends indicating a shift back to animal meats from “meat substitutes”.
Agricultural policy Sustainable Farming Incentive (SFI)
2024 saw the closure of the 2023 Sustainable Farming Incentive (SFI) scheme after only six months and the delayed start of the 2024 Expanded Offer SFI with an initial 254 options. The wider range of options increases the opportunities to help to fund a transition to “regenerative” or “agroecological” farming systems. The scheme also provides an opportunity to de-risk agricultural returns, but there are changes in rules: some popular options, such as fallow legume (CNUM3), herbal leys (CSAM3) and winter bird food (CAHL2) are no longer rotational, reducing their flexibility. Additionally, there are new restrictions, with a maximum of 25% of the farm being able to be placed in any combination of 10 actions specified in the guidance. (For more information, see our 2024 SFI publication –scan the QR code)
Defra has announced that the SFI will replace the outgoing Countryside Stewardship (CS) Mid-Tier Agreements, and we are still awaiting the introduction of the new Higher Tier CS Agreements, which have been postponed from early 2025 to sometime later in the year.
Whether the budget for these schemes will continue to be eroded by inflation and other government priorities remains to be seen, but in its current form it generates opportunities to reduce risk in the business.
Taxation
The Labour government’s infamous October 2024 Budget has caused widespread discontent in the UK agricultural sector, leading to a loss of confidence in the future stability of farming operations. The headline element is the change in Inheritance Tax Relief (APR); but other changes, such as the increase in employers’ National Insurance and the National Minimum Wage from 1 April 2025, changes to the double cab pickup Benefit in Kind taxation, proposed carbon tax on imported fertiliser from 1 April 2027, BPS reductions for 2025, and a freeze on capital grants, have all impacted confidence in the land-based sector.
The APR changes will favour charities and limited companies buying land over sole
traders and partnerships. This is causing many farming businesses to re-evaluate their investment strategies, especially where succession is unclear. While the fight to overturn the APR changes is likely to continue into 2025, we believe that the businesses, with the right advice, will continue to thrive and continue to produce high-quality food for UK consumers.
David Kinnersley Agribusiness
01905 459427
What drives land value?
A Registered Valuers Perspective.
Helena Tibbitts is a RICS Registered Valuer with extensive experience in providing formal valuations for a range of rural properties.
With upcoming changes to Agricultural Property Relief and Business Property Relief, many farmers and landowners are reviewing the value of their assets. Mark Twain famously said “Buy land, they aren’t making any more of it”; but what factors impact the value of a parcel of land, and how important are they? All valuations reference comparable evidence of transactions of similar parcels of land. However, these comparable transactions are unlikely to be identical to the land being valued.
Here are some important factors to take into account.
Physical elements
The physical attributes of any block of land are crucial. These include:
• Topography – Is the land level or sloping? South-facing slopes result in warmer soils, north-facing slopes do not.
• Soil type and drainage – Does the land have free-draining, naturally fertile soils, or are the soils heavier and prone to waterlogging? How does this soil type compare to the surrounding land?
• Land Grade – Land is graded from Grade 1 (Excellent) to Grade 4 (Poor).
• Flooding – Consider the land’s susceptibility to flooding, based on the Environment Agency’s Flood Risk Maps and the property’s history of flooding.
Location
“Location, location, location” is a major contributor to the value of land. While there are widely publicised average figures across the national land market, location plays a key role in land values, along with the typical land use of surrounding areas. Demand is vital to supporting value, so remote land with a limited pool of buyers is likely to yield lower values.
Within the category of location, access is
also important. Land with wide road frontage and direct access to the public highway is typically more valuable than land with access over third-party-owned land due to the reduced hassle of dealing with third parties.
Occupation of land and tenancies
The occupation of land is another crucial element. Generally, unless let for a specialist use at a premium rent, let land will realise a lower value than land offered to the market with vacant possession. The length and type of tenancy further impact the value. For example, land let on secure Agricultural Holdings Act tenancies will likely see a significant discount from vacant possession value due to the difficulty in obtaining possession and lower rental value. This reduces the market of such holdings to investor buyers. Shortterm lettings on Farm Business Tenancy agreements typically generate interest from both investors and owner occupiers, with some owner-occupier local buyers willing to wait for possession if the opportunity to add to their holding is unique.
Macro-economic factors
The macro-economic climate is a key influencing factor. Land is typically considered as a ‘safe’ investment. not
prone to the same fluctuations as other property market sectors. Capital taxation reliefs such as Capital Gains Tax Rollover Relief, available to farmers who have sold land for development and reinvested in agricultural land, have driven demand and competition in areas with significant land development.
Alternative land uses/strategic potential/restrictions
Land with strategic potential for alternative uses can significantly impact value. As part of any valuation exercise, the valuer will review the existing Local Plan and Strategic Housing Land Availability assessment (SHLAA) data to ascertain any allocations for alternative use and submissions for inclusion in the Local Plan. With each layer of added certainty to future uses, such as draft allocation, allocation, resolution to grant planning permission and planning permission, the greater the premium above baseline agricultural value. However, caution should be exercised to ascertain the extent of any restrictions such as restrictive covenants or overage/ development uplift clauses historically imposed on the land parcel. The valuer will comment on the degree of impact any such restrictions have on the value.
Helena Tibbitts Valuations
01530 410820
Online auctions: a growing trend
Online auctions are gaining momentum, offering a diverse range of properties for sale. While traditional private treaty sales remain common, online auctions present a quick and certain alternative, often yielding exceptional results.
FG Auctions
Certainty and speed
Online auctions ensure a definite sale with contracts exchanged within a fixed timeframe and completion in 20 working days. Unlike mass auction days, each sale is individual, allowing Fisher German to tailor the process to the client’s needs. This flexibility in timing and pricing helps achieve successful outcomes. Typically, a sale runs for four weeks from when the legal pack is ready, enabling exchange and completion in as little as eight weeks. Our business has seen a 20% year-on-year increase, with average sale prices 29% above the guide price. The key to success is setting an attractive guide price to encourage competitive bidding, and our experts across 26 offices are ready to assist.
Is it right for you?
Absolutely. Our diverse clientele includes commercial businesses, utilities, public bodies, private clients, property companies, charities, and landowners. The platform’s transparency allows all bidders to see the offers, ensuring fair competition. If the reserve is met, any bid in the last
What’s selling?
Online auctions aren’t just for distressed properties. We successfully sell land, farmhouses, and rural properties. For example, a 6.63-acre parcel with amenity pools in Maxstoke, Warwickshire, had a guide price of £50,000, attracted 64 bids, and sold for £178,000 – 350% over the guide price. We also sold Yardings Farm in Worcestershire, a rundown farmhouse with barns on 5.03 acres, for £552,000, 10% over the guide price.
Get in touch
Online auctions can be an appealing option for many. Contact us to learn more about the process –we’d love to make you our next success story.
For more information
If you’re interested in selling by online auction, please contact Tom Dennes, Head of Auctions.
Looking ahead the 2025 farmland market
Buyers
Demand for land and farms is expected to remain strong throughout 2025, driven by a variety of buyer profiles. Farmers and landowners with development capital will continue to seek the larger commercial opportunities, often beyond their current geographical areas, especially where local supply is limited.
Traditional farmer buyers will likely focus on local and neighbouring properties where there is potential for expansion, despite ongoing pressure on input costs. With interest rates predicted to soften this year, borrowing may become more attractive to many buyers.
Non-farming, private, and amenity buyers will continue to drive demand for smaller residential farmsteads, bare land and properties with diversified income streams or potential for value addition.
We also anticipate increased demand for larger bare land holdings from conservation and corporate buyers for carbon offsetting and woodland creation schemes, a trend that notably increased in 2024 and is likely to continue.
Vendors
The proposed changes to Agricultural and Business Property Relief will likely lead to many private landowners considering sales in 2025. However, once capital gains tax rates and sale costs are considered against potential future IHT liability, we expect only a small proportion to progress those sales.
A significant proportion of supply is likely to come from retirement sales brought forward to secure maximum capital gains tax relief before 6 April 2026.
We also expect an increase in supply from existing farmers looking to trade off smaller acreages to raise capital for reinvestment for diversification opportunities, such as developing existing agricultural buildings for alternative use or renewable energy schemes.
Larger institutional landowners are likely to offer more land and farms to the market this year, particularly where current rental yields are limited and properties present no additional long-term uplift prospects.
Volumes
The supply of land and farms increased by approximately 20% across England in 2024 compared to 2023, with significant regional
Our predictions for 2025:
• 1–2% Growth in average arable values
• 1–4% Growth in grassland values
• Constricted supply in 2025
• Continued drive for on-farm diversification
variations. We expect to see a constricted supply of agricultural land and farms to the market in 2025.
With ongoing reforms to Environmental Schemes and reducing delinked payments, many existing farming operations may consider disposing of holdings in part for reinvestment into alternative asset classes or on-farm diversification opportunities with more attractive returns.
We anticipate an increase in natural retirement sales in 2025 compared to 2024, with more farmers bringing forward planned sales ahead of the forthcoming Capital Gains Tax and Business Asset Disposal relief changes.
Whilst the short-term outlook for interest rates appears positive for 2025, with expected modest reductions from last year, we still expect some debt-related sales where serviceability remains challenging.
We also foresee an increase in the supply of poorer quality grassland offered this year, driven by demand from environmentally focused buyers and ongoing high input costs in the livestock sector.
Consistent with recent years, a significant proportion of land and farms are expected to trade privately, obscuring the true volume of land changing hands.
Patrick Ellicott National Country Agency Team
01530 410829
patrick.ellicott@fishergerman.co.uk
Values
Land type, scale, quality and location will continue to dictate values this year.
We foresee more muted capital growth across all land types this year. Smaller amenity and equestrian land parcels of the right scale and quality will continue to command a premium in desirable areas, as will commercial farms with high-quality soils and presented in exceptional condition.
However, with farmer and lifestyle buyers likely to take a more cautious approach to acquisitions this year, we expect values for the smaller to medium-sized acreages to soften in some areas.
Our forecast for farmland values remains firm in the short term, and we will review the full detail of the Budget announcements, when released, to consider any longer-term value implications. We do not expect to see full detail until summer 2025.
If you're thinking about selling, early preparation is essential. Please do get in touch for a confidential discussion.
Richard Gadd National Country Agency Team
01295 226283
richard.gadd@fishergerman.co.uk
Alasdair Dunne National Country Agency Team
01295 228750
alasdair.dunne@fishergerman.co.uk
Patrick Ellicott National Country Agency Team
01530 410829
patrick.ellicott@fishergerman.co.uk
Molly Skinner East of England
01234 827119
molly.skinner@fishergerman.co.uk
Thomas Parker North East, Yorkshire and the Humber
01302 243913
thomas.parker@fishergerman.co.uk
Joy Brankin-Frisby East Midlands
01858 410200
joy.brankin-frisby@fishergerman.co.uk
01905 726220 Stuart Flint National Country Agency Team stuart.flint@fishergerman.co.uk
Will Kerton West Midlands will.kerton@fishergerman.co.uk
Farmland
