LIFESTYLE BUYERS CONTINUE TO BOOST ENGLAND & WALES RURAL LAND SALES, EVEN AS COVID-19 WANES

Urban dwellers relocating to the England and Wales countryside during the Covid-19 pandemic are driving up land prices and even leading to the return of gazumping, according to land agents. Lifestyle buyers looking for farmhouses and land in scenically attractive areas are increasing demand and prices for land without much agricultural merit. Data from Savills’ 2021 H1 market report indicates an increase in amenity land value. “The value of lower quality grade 3 land is increasing faster than prime arable land,” said Kathryn Brown, associate in Savills ...


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