Selling trend continues in Wiltshire
WITH two substantial farms having sold in Wiltshire this year, three new marketings continue the trend for selling-up in the countys usually-thin farmland market.
Poughcombe Farm, Ogbourne St George, near Marlborough, includes 390 -mainly Grade 3 – acres of which 306 acres are eligible for arable area aid. The remainder are water meadows and downland pasture.
It is currently run as a mixed farm and has adequate buildings with grain storage for 850t. The farmhouse is being retained by the vendors, a family trust, and no planning permission for a new dwelling has been sought.
Although guided at £550,000 for the whole, the farm is divided by the A345, the main Swindon to Marlborough road, and falls neatly into two lots with the buildings and 324 acres lotted as one.
Agent Craig Horton of Humberts values the bare eligible land at around £1500/acre and anticipates a strong local interest, especially as there is no premium above the bare land value for a dwelling.
Also near Marlborough, South Farm, West Overton, is primarily managed as a dairy farm. Of its 418 acres, only 155 are eligible for arable area aid and its buildings are specific to dairying.
Although there are five cottages available, no farmhouse is included and selling agents Dreweatt Neate are offering the whole for £1.07m or just the farm at a guide price of £720,000.
Over the Marlborough Downs, a 565.28-acre mainly Grade 3 arable and pig farm at Berwick St James, near Stonehenge, provides an opportunity for both residential and farmer buyers.
All but 10 acres of the land at Manor Farm are eligible for arable area aid, and agent Martin Shallcross of Humberts in Salisbury values the bare land at around £1850/acre.
The farm is offered as a whole with a guide price of £1.5m or in four lots. The land is divided into two, split by the A303, with 368.76 acres, two cottages and the farm buildings guided at £790,000, and 194.19 acres north of the A303 valued at £260,000.
The farmhouse, which is in the village, and a bungalow make up the other two lots.