A REPORT from Strutt & Parker reveals that the average price of arable land sold during the first nine months of 2022 increased by 4% to £9,800 an acre, the highest it has been since 2015. Over the same period, the average price of pasture rose by 6% to a record-breaking £8,000 an acre.
‘The strength of demand reflects the broad spectrum of buyers who are interested in buying land,’ says Matthew Sudlow, head of estates and farm agency for Strutt & Parker, adding: ‘We have a combination of farmers with rollover money, lifestyle buyers and private investors, along with individuals and corporate companies looking at land for carbon sequestration or conservation projects.’
Given the
