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    South East of England

    Across the South East of England during 2014 the volume of farmland publicly marketed fell by -9 per cent when compared with 2013. This fall is the same as the -9 per cent decrease in supply across Great Britain as a whole. Closer analysis shows that there was a minor fall of -1 per cent in the volume of land marketed in England, while there was a significant fall of -25 per cent in Scotland and -21 per cent in Wales.

    Our Farmland Value Survey shows that during 2014 the average value of prime arable land in the South East of England rose by 24 per cent to £10,000 per acre. This increase was greater than the 14 per cent (to average £9,900 per acre) growth recorded for Great Britain as a whole. In England the rise in value was 15 per cent while Wales saw a smaller increase of 3.6 per cent. In Scotland values remained static. In the last 5 years the average value of prime arable land in Great Britain has grown by 78 per cent.

    Supply of Farmland – 2014

    • In the South East of England 14,359 acres of farmland were publicly marketed compared with 15,718 acres
      in 2013, a fall of -9 per cent
    • The South East of England accounted for 16 per cent of all farmland marketed in England
    • There was a significant fall in the volume of land marketed in Oxfordshire (-26 per cent) where supply decreased to 3,524 acres from 4,770 acres in 2013. The amount of land marketed also dropped in Berkshire (-69 per cent), Buckinghamshire (-65 per cent), Kent (-46 per cent) and in Surrey (-3 per cent)
    • In contrast to the overall trend for the region increased levels of supply were recorded in Hampshire (+14
      per cent) where the number of acres marketed rose to 3,620 acres from 3,170 in 2013. Supply also
      increased in East Sussex (+91 per cent) and West Sussex (+117 per cent)
    • Hampshire (25 per cent) and Oxfordshire (25 per cent) accounted for half of the farmland marketed in the region
     
    South East England - Publicly Marketed Farmland

    Farmland Values – 2014

    • Our Farmland Value Survey shows the average value of prime arable land in the South East of England increased by 23.7 per cent and is now typically just over £10,000 per acre
    • The average value of prime arable land in the South East of England has grown by 73 per cent in the last
      five years
    • Growth was recorded for grade 3 arable land, where the average value increased by 27 per cent to almost £10,000 per acre, whilst the average value of poor arable land increased by 6 per cent to £6,250 per acre
    • The average value of prime dairy land in this region increased by 19 per cent to just over £8,800 per acre
    • The average value of grade 3 livestock land increased by 20 per cent to almost £7,200 per acre, whilst the average value of poor livestock land increased by 22 per cent to £6,700 per acre
     
    South East England - Average Land Values
     

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    Key contacts

    David Cross

    David Cross

    Director
    Farm Agency

    Savills Salisbury

    +44 (0) 1722 426 813

    +44 (0) 1722 426 813

     

    George Syrett

    George Syrett

    Director
    Rural

    Savills Winchester - Eastgate Street

    +44 (0) 1962 834 052

    +44 (0) 1962 834 052

     

    Richard Binning

    Richard Binning

    Director
    Rural

    Savills Oxford

    +44 (0)1865 269 168

    +44 (0)1865 269 168

     

    Chris Spofforth

    Chris Spofforth

    Director
    Head of Haywards Heath Office

    Savills Haywards Heath

    +44 (0) 1444 446 064

    +44 (0) 1444 446 064

     

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