Prime farm land sees 14% growth in UK, but with regional variations

Values for prime arable land has strengthened across the UK by 14% to average almost £10,000 per acre, according to the latest survey figures. It is set to see 8% capital growth and 5% to 6% rental growth from 2015 to 2019, an analysis in the latest Savills farm land value survey suggests. The average capital value of farm land has shown very significant growth of over 250% during the past decade, however, this conceals regional variations with factors including land quality, position and local...