Land Price West Wales

Cowabunga

Member
Location
Ceredigion,Wales
Rough land around here asking £10.000 acre
A local farm I'm quite familiar with, slightly inland on the other side of the coast road to New Quay, sold a short while ago for £12,000/acre I believe. About 70 acres if I remember correctly with no buildings to speak of and a 1970's cheaply built little bungalow in dire need of modernising or starting again. I doubt whether there is potential for development because the entry is very restricted.
 

Al R

Member
Livestock Farmer
Location
West Wales
I have refenced all the land adjoining this new piece so will do the same if we get it.
A 60 acre block I’ve rented for 4 years has been sold in 7 lots in the last 6months, all my fencing which is annoying, 2 acre went for £50k, 10 acre of severe moorland has gone for over £50k for rewilding, 17 acre with buildings is now going to be a giant caravan/campsite (apparently went for £1.3m) , 15 acre of the better land went for sale last week, I thought offer £100k but was prepared to go to £115k, auctioneer stopped my as soon as I said I was farming it and said he’d had multiple offers well over £130k that morning! Speaking to a few neighbours I don’t think anyone who is actively farming has gone for it or has any intention!

3.5acre got sold last year for £35k, no water or planning etc.
 

steveR

Member
Mixed Farmer
A local farm I'm quite familiar with, slightly inland on the other side of the coast road to New Quay, sold a short while ago for £12,000/acre I believe. About 70 acres if I remember correctly with no buildings to speak of and a 1970's cheaply built little bungalow in dire need of modernising or starting again. I doubt whether there is potential for development because the entry is very restricted.

But nicer and more accessible for the modern Good Lifer baling out of London/SE, than a Scottish croft.

Flatten the bungalow and start again I expect, land can be rented to the locals...
 

Cowabunga

Member
Location
Ceredigion,Wales
Bloomin' Heck,that's my side of the river, ..not very far from here in the grand scheme of things(20 miles) and I'm right next to the A48 straight into the smoke.. I'm worth more than I thought..
I think everyone who owns property is worth more than they thought just now. A lovely house up my lane sold for £180k about eight months ago. Absolutely spot on, but the buyers are still spending a small additional fortune doing something, a lot, inside it.
Last week though, a tiny cottage with a tin roof up in the village, which I reckon would hardly qualify as a starter home, sold days after being put on sale for the same figure, £180k.

Property price inflation is out of control with tiny deposits required. We've been here before of course and it didn't end well. You might have thought that the banks would have learnt a few lessons by now but it doesn't look like it.
Unfortunately the vast majority of house buyers are immigrants from England who can sell their old properties and buy around here, way outbidding locals, while still releasing large amounts of cash to live on. However, they should know that it is a one way street and there is seldom a way back.
 

Cowabunga

Member
Location
Ceredigion,Wales
But nicer and more accessible for the modern Good Lifer baling out of London/SE, than a Scottish croft.

Flatten the bungalow and start again I expect, land can be rented to the locals...
I believe a neighbouring farmer, one of two close by that have been expanding exponentially over recent years, has bought it. One imperative here is the amount of land likely to be needed to comply with the NVZ directive given their current stock numbers. I've done my own figures and I need to find extra land to spread nearly 1000 tons of slurry. Also need to double the size of my slurry store. Speaking to a neighbour yesterday and they need to triple their slurry storage.
 

Al R

Member
Livestock Farmer
Location
West Wales
New houses are being built in St.David’s next to the premier inn. someone who bought 4 for £375k each and sold them the next day for £450k each!!!!!
 

SFI - What % were you taking out of production?

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  • 75-100%

    Votes: 3 1.6%
  • 100% I’ve had enough of farming!

    Votes: 6 3.2%

Red Tractor drops launch of green farming scheme amid anger from farmers

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As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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