Season's Greetings. All of us at Vantage Land would like to wish you all the very best over the holiday period. Our team will be taking a well-earned break over the holidays, so our office will be closed between Monday, 23rd December and Wednesday, 1st January (inclusive). We will be back on Thursday, 2nd January 2025 from 9:00am.
Land Prices
Find out what influences land prices and what the average price per acre is of land.
Our land is suitable for a number of current uses including; grazing, farming and paddock conversion or for general recreational or amenity purposes. However, due to a rise in land prices over the years, land has become a popular and tangible asset that is seen as a 'safe-haven' for investors, typically outperforming property and shares.
Land values continued to rise last year and even managed to outpace double-digit inflation. Following a 3% increase in the last quarter, the average price of farmland outperformed other asset classes such as gold, equities and residential property in the past 12 months.
This strong growth was driven by a continued lack of supply and strong demand from a wide range of buyers, particularly from those looking for natural investment capital to become self-sufficient or for environmental purposes.
There are many national and international factors driving land price higher, including:
Global economic uncertainty
A predicted 40% rise in world population by 2050, resulting in;
Increased demand for food and therefore commodity prices
These sharp increases in food prices continue to encourage farmers to expand production
A weak pound has buoyed the market, making land more attractive for overseas buyers
Overseas buyers, lifestyle purchasers, investors and farmers all competing for land for sale
Increasing demand outstripping an extremely limited supply of land
At present the rise in land prices is partly due to the ongoing economic troubles in Europe and other parts of the world – in fact the ongoing global economic troubles only seem to enhance farmland's reputation as a safe-haven asset. With no clear end in sight to the problems there is a strong desire to get money into something solid and tangible. As land prices rise, buyers can use their asset for a number of uses from farming to grazing and paddock conversion or for recreational or amenity purposes.
Looking to buy land? Call our land consultants now on 01727 701330
Do you have land to sell? Call our land buying team on 01727 701389