Rural Professional

Land, Land, Land

24th May 2018

The interest in farms and land somewhat plateaued during 2017 but Halls are seeing more interest across the board during this first half of 2018.

Prices as always are dictated by supply and demand. The supply in this part of the world is never more than limited because it is quite simply one of the best areas in the UK to live and farm, hence the movement away is always restricted. Demand is plentiful with some first-time buyers in the market, many existing farm businesses looking to expand ever further and a very ready supply of money. You may ask where is this money coming from? It comes from various quarters, most obviously the financial institutions who are ready and willing to lend in the right circumstances. Roll over money has been plentiful for some time and looks like becoming even more plentiful as time goes on. The ramifications of HS2 is beginning to have an effect also. It is very often the instinct of a farmer in receipt of an influx of capital to reinvest in what he knows and so the increased interest in land and agricultural property is definitely on the increase in Shropshire.

To illustrate, Halls have recently been instructed to sell 447 acres at Monkhopton near Bridgnorth by private treaty. This is a very large area that is available in five lots or as a whole, either way it represents a very substantial piece of land, the likes of which rarely come up in this part of the region. In Ellesmere a large area of 170 acres is being offered for sale as part of Trench Farm, a first class dairy/arable farm. The six bedroom house has a variety of farm buildings and the land is conveniently divided in to enclosures of arable and grassland.

Just over the border in Staffordshire a plot of 53 acres near Penkridge is being sold by auction on June 27th in Kidderminster. New to the market, and also in Staffordshire, is the elegant and desirable Brockton Hall. This grade II listed Early 19th Century residence is arranged over three storeys and located just 7.5 miles from junction 14 of the M6. It comes with a number of outbuildings and an office along with approximately 163 acres of versatile and productive arable and grassland.

Also new to the market from Halls is The Vineyard, a truly beautiful property with an equestrian twist located near Weston under Redcastle in Shropshire. This unique property includes approximately 52 acres. The house is set against the dramatic backdrop pf the Grade I and II Listed Hawkstone Follies. It includes five bedrooms, a games room, study, orangery and multiple reception rooms. The land includes a Menage, garden, 34 acres of grassland, and substantial woodland that provides the house with perfect privacy. The domestic outbuildings, offices and garaging provide the perfect space to run a successful business from the property. This really is a unique and excellent opportunity to own a truly special and unique property in a beautiful part of the region.

It is clear then that this spring has seen a real resurgence in both supply and demand for property and land in the region. It is also expected that with this will only grow as we move in to summer. At a time when political changes caused by Brexit and domestic policy on farming and agriculture are providing uncertainty one thing is being made clear to Halls; people still want to buy and sell land.


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