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    Wales

    Across Wales during 2014 the volume of farmland publicly marketed decreased by -21 per cent when compared with 2013. This is greater than 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.

    Our Farmland Value Survey shows that during 2014 the average value of prime arable land in Wales rose by 4 per cent to £7,250 per acre. This increase was less 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 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 Wales 7,365 acres of farmland were publicly marketed compared with 9,310 acres in 2013, a decrease of -21 per cent
    • Wales accounted for 6 per cent of all farmland marketed in Great Britain
    • Powys recorded a steep fall (-42 per cent) where the volume of land marketed decreased to 3,474 acres
      from 6,019 acres in 2013. Supply also decreased in North East Wales (-46 per cent) and in South Wales
      (-32 per cent)
    • In contrast to the overall trend for the region the volume of land marketed rose in North West Wales (+326
      per cent), and in South West Wales (+36 per cent)
    • Powys (47 per cent) accounted for half of the farmland marketed in the region
     
    Wales - Publicly Marketed Farmland

    Farmland Values – 2014

    • Our Farmland Value Survey shows that the average value of prime arable land in Wales increased by 3.6 per cent and is now typically £7,250 per acre
    • The average value of prime arable land in the Wales has grown by 53 per cent in the last five years
    • The average value of grade 3 arable land increased by 6 per cent to just over £6,000 per acre
    • The average value of prime dairy land increased slightly by 3 per cent to just over £6,300 per acre
    • The average value of grade 3 livestock land remained stable at £5,500 per acre, whilst the average value of poor livestock increased by 7.8 per cent and is typically just over £4,300 per acre
     
    Wales - Average Land Values
     

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    Daniel Rees

    Daniel Rees

    Associate Director
    Residential

    Savills Cardiff

    +44 (0) 29 2036 8915

    +44 (0) 29 2036 8915

     

    Tony Morris-Eyton

    Tony Morris-Eyton

    Head of Office
    Residential

    Savills Telford

    +44 (0) 1952 239 500

    +44 (0) 1952 239 500

     

    Richard Binning

    Richard Binning

    Director
    Rural

    Savills Oxford

    +44 (0)1865 269 168

    +44 (0)1865 269 168

     

    Douglas Mackellar

    Douglas Mackellar

    Director
    Estate Management

    Savills Cheltenham

    +44 (0) 1242 548 011

    +44 (0) 1242 548 011

     

    Philip Hoare

    Philip Hoare

    Associate Director
    Rural

    Savills Banbury

    +44 (0) 1295 228 055

    +44 (0) 1295 228 055

     

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