Land Price West Wales

Hi all,

Looking to make an offer on some grazing land in West Wales and I have been asked to make the initial offer but don't know where to start.
The land is 4ac and has only been used for cattle grazing, it has never been cropped, it is wet throughout the winter and needs new boundary fencing.
Any ideas on a starting price p.a?
 

Knittingbandit

Member
Livestock Farmer
Wow you people are blessed. Ground in N. Ireland here is £15K/ac. A farm consisting of a run down small house a couple of old hay barns and 28 acres made £600K last week, all small fields and overgrown hedges, but grounds good
 
not bought down there for a while. They were hit hard by the recession and have taken time to come back out but new money has discovered the M4 and noticed how cheap it is Down there.

there are some stunning spots about not farm from main roads, only the Welsh distract from the area 😂


Wow you people are blessed. Ground in N. Ireland here is £15K/ac. A farm consisting of a run down small house a couple of old hay barns and 28 acres made £600K last week, all small fields and overgrown hedges, but grounds good
ha, head 150 miles East and 15k an acre is the going rate for normal ag land, be closer to 25k for a 4 ac Wilderness.

its all about location
 

harrow

Member
West Wales rural property prices have gone absolutely crazy in the past couple of months, agreed that includes buying a house as well but I do hope prices calm down very soon.
 
Yes we have no chance of buying land with a property, this land is close to our home and bounds my in-laws land so is the next best thing.
Smallholdings are selling like hotcakes, in fact a local estate agent stopped my dad in the street to ask he he wanted to put his on the market.
bid your time, in 5 yrs they will sell up, too much effort looking after the wilderness!
 

Highland Mule

Member
Livestock Farmer
I bought a small adjoining bit a few years ago - trouble is that the per acre bit becomes less meaningful when the size drops. Let's be honest £20k is loose change for many in this country, which makes things tricky.

I'd maybe offer £20k, but be prepared to go a bit more. Or do as I did and offer a bit less, then when they say "och no, I'd need twice that", bite their hand off and agree.

So go in at £15k, but then settle on £30k?
 

Johngee

Member
Livestock Farmer
Location
Llandysul
I would think 4k is a bit low. A small farm of 70 acres near here sold recently for £960,000, luckily for the vendor it was between two big dairy farms who bid it up more than the asking price
 

Forkdriver

Member
Livestock Farmer
Good luck with your bid. I think you are in the right area for a larger area of land, but could be bidding against the horse owners, although lying wet in winter won't suit them.
 

Forkdriver

Member
Livestock Farmer
It will be used for horses in the summer and sheep in the winter.
I hope that the fencing is up to scratch then. We are replacing rotten fence posts all the time with creosoted, so hopefully we will never need to do them again. We spend a lot of time returning little Welsh ewes and lambs to their rightful paddocks.
 

Could a ‘Meat Tax’ be on the cards in the UK?

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Written by Richard Halleron from Agriland

The latest machination coming from the so-called ‘opinion formers’, who seem to have the ear of government advisors in London, is the introduction of a ‘Meat Tax’ at consumer level.

This approach, it is argued, would have the combined impact of reducing meat consumption levels (I can really see the health benefits coming through now), while also helping to reduce the overall carbon footprint of production agriculture.

What absolute drivel! In my opinion, none of this makes sense at any level. This is a scurrilous and unfounded attack on livestock farming in this part of the world.

Yet, it has to be taken seriously. I make this point because economists at Rothamsted Research have already crunched the numbers where the introduction of a ‘UK...
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