Land market 2025: Wales

A noticeable divide in performance between top and second-quality farmland was evident in Wales in 2025.

Quality arable and productive pasture with good access and mains water sold very well and achieved firm prices, thanks to strong buyer competition.

However, agents saw a lot of buyer caution when it came to second-quality grazing land, unless the pricing reflected its limitations; as a consequence this land was more difficult to sell.

See also: Land market: South-west England

Strong values were achieved in regional hotspots where location and neighbourly interest were often key drivers for the sale prices realised.

Rob David, land agent, Herbert R Thomas

Demand for large parcels of farmland was encouraging across the board, a positive sign for confidence in the sector.

We also saw particularly strong demand for farm holdings of up to 30 acres and with a residential element, driven by lifestyle buyers and those seeking smaller-scale farming opportunities. As a consequence these often achieved a premium price per acre.

Sheep and beef units generally had a good year, and early signs suggest these farms are picking up further interest in 2026.

Conversely, more dairy operations appear to be scaling back, with some looking to reduce their debt liabilities, and this could bring additional land to the market.

The high cost of borrowing in 2025 affected the market for larger holdings. Although buyer interest remained, increased finance costs reduced affordability, leading to a lower price per acre than would normally be achieved on smaller, more easily financed holdings.

Looking ahead, I expect limited supply and strong demand for quality land to keep values firm, while secondary parcels may need sharper pricing to attract buyers.

Hugh O’Donnell, partner, Carter Jonas

Despite economic and political factors that could have affected buyer sentiment, the farmland market across Wales remained steady through 2025.

There was no material reduction in farmland values, as some had predicted, although buyers were increasingly cautious earlier in the year.

The second half of 2025 was more positive as confidence grew in what Wales’ new farm support scheme, the Sustainable Farming Scheme, would entail.

Supply remained buoyant through the year which was welcome, particularly the increased supply of commercial holdings and grassland blocks.

I expect 2026 to be broadly similar to the past 12 months with a good level of supply across Wales and a range of potential purchasers.

Where we see productive units coming forward, demand will continue to be firm and it is encouraging to also see interest from non-agricultural buyers, particularly environmental investors, seeking opportunities on less productive ground and in the uplands.

It will be interesting to see how cashflow challenges affect the market, particularly in the dairy sector.

The cost of finance continues to drop, though, which should give some comfort for those seeking to expand.

For sale

Tyn Y Coed Farm © Herbert R Thomas

Herbert R Thomas has launched Tyn Y Coed Farm at Bonvilston in the Vale of Glamorgan at a £2.3m guide price for the whole, also offering it in two lots. The 116-acre mixed organic holding has quality pasture, modern and traditional buildings and a five-bedroom farmhouse.

Ty Mawr © Carter Jonas

Newly launched near Caernarfon is Ty Mawr at Pontllyfni, a 265-acre productive livestock farm close to the coast. Selling agent Carter Jonas has set a guide price of £4m for the whole, and is also offering it for sale in up to six lots.

Sold in 2025

Glan Y Mor © Herbert R Thomas

The location and quality of a block of 60 acres of farmland at Glan Y Mor in the Vale of Glamorgan generated strong interest and multiple bids, securing a sale price higher than the £650,000 guide. The sale, handled by Herbert R Thomas, was to a local farmer, reflecting ongoing confidence in prime agricultural land in South Wales.

Land near Prestatyn © Carter Jonas

A 137-acre block of land between Prestatyn and Gronant was sold by Carter Jonas in excess of the £1.25m guide. The block, a mixture of grassland and maize ground, was described as well-located and highly productive land.