Auction results prove demand for bare land

Farm and land auctions are seeing good demand for bare land. Almost 68 acres of bare arable land in a single field sold for £500,000 or £7,385/acre in late June.

At Little Comberton, near Pershore in Worcestershire, the land was Grade 3, Evesham 2 and Bishampton 2 series soils and was sold by Savills.

At the same auction but this time jointly with RG&RB Williams, three lots of Grade 3 and 4 pasture and arable land at Baughton, Malvern, Worcestershire, went under the hammer. Among these a parcel of just over 76 acres of arable land made £520,000 or £6,816/acre.

The second lot – 74 acres of arable land – made £7,011/acre while a smaller lot of almost seven acres of pasture made £8,595/acre.

Tayler and Fletcher’s summer collective auction saw a 73-acre pasture farm – Park Farm at Stow-on-the-Wold, Gloucestershire – sell for £11,000/acre. Sixteen acres of pasture and traditional orchard at Broad Campden, Gloucestershire, made 7,700/acre.

Permission for a mobile home was included with Broadfield Stud, Snitterfield, Worcestershire. This had 35 acres of pasture paddocks with stabling and good infrastructure and made £11,800/acre. (Tayler and Fletcher 01451 820 913)