Some big prices were paid in the West Midlands in 2018, with one sale of arable land fetching £15,000/acre.
On paper, north-east England enjoyed an increase in supply in 2018 compared with the previous 12 months.
Supply has jumped after a quiet couple of years but values remain strong across the region.
Demand is outstripping supply in the south-east of England despite an increase in the number of acres marketed.
Thin supply and few completed sales at the larger end of the market are the two discernible trends from the land market in north-west England in 2018 so far.
Welsh farmland supply increased by 25% to the end of September, but data also shows a softening of values across the board.
Demand for farmland fell in the first half of 2018 and the outlook is for a further fall in prices, according to the Royal Institute of Chartered Surveyors (Rics) Rural Land Market Survey.
The level of interest from local farmers and strategic investors in farmland is proving to be the key to unlocking the strongest prices at auction.
Shrinking supply continues to typify the East Midlands farmland market, where the number of acres publicly marketed fell for the third year in a row in 2017.
A form of taxation based on land value will affect Scottish landowners, developers, forestry businesses and farmers if implemented.
A Scottish National Party decision to explore the potential for a land value tax could “set alarm bells ringing” among farmers, an opposition MSP has argued in parliamentary questions at Holyrood.
The UK's worth grew by the largest amount on record to reach £9.8tn at the end of last year, boosted by land value, which has grown "more than fivefold" since 1995, according to official data.
Combining the UK’s total assets, the Office for National Statistics (ONS) found that the UK’s value increased by 8.9pc or £803bn between 2015 and 2016. The country’s net worth has risen steadily since 2012, following a course in line with pre-financial crisis conditions.
Average arable land values in England and Wales have slipped back to 2012 levels as a market correction in the eastern counties continues.
Carter Jonas says data from its transactions shows arable values at £8,967/acre – about 8% down on the same period last year.
Agents and other land professionals say a government adviser’s warning land prices could fall dramatically after Brexit show limited understanding of the land market.
Housebuilders are increasingly moving operations into the North of England, pushing up residential land values ahead of house price growth, according to research by Savills.
Land prices are likely to fall substantially post Brexit if Defra secretary Michael Gove delivers on his intention to redirect farm support away from direct payments into rural development and environmental programmes.
A flurry of launches across Wales and its bordering counties has sparked the region’s summer farmland market to life.
As Farmers Weekly reported last month, stunted supply was a feature of the Welsh land market last summer.
The gap between the top and bottom of the farmland market is widening with some buyers paying up to 40% less for land in the same county.
Agents are reporting the largest disparities in arable prices in eastern England.
Non-farmer buyers have paid an average of £700/acre more for English farmland over the past five years, analysis of sales has shown. Research from Strutt & Parker shows lifestyle buyers, investors (including overseas purchasers) bought a higher total number of acres from 2013 to 2017, but farmers were involved in more transactions.
In October last year, Tony Gallagher threw his friend David Cameron a 50th birthday party at Sarsden House, his 17th-century mansion near Chipping Norton, Oxfordshire. He served a dinner of roast beef and lamb, cooked on his Aga, to a private gathering of 23 people.
At the same time, Gallagher was also quietly planning to sell the company that he had built up over three decades, accumulating land, gaining planning permission, and auctioning it off at vast profit. After reportedly holding talks with the Pears family, the Wellcome Trust and Berkeley Homes, Gallagher Estates was sold to housing association L&Q in January.
Demand for new homes in regional cities has boosted the price of urban land, with smaller housebuilders snapping up almost double the amount of land in the last year due to increased Government funds and more accessible finance.
Opt in here