Land in your area 2020: South-west England
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The region suffered from uncertainty caused by Brexit negotiations, farm policy changes and the Covid-19 lockdowns, with acres and farms launched publicly down 26% and 23% respectively on 2019.
This is according to Strutt and Parker’s data, which also show both arable and pasture average prices increased by 11% year-on-year, supported by high levels of demand.
Always a popular location for lifestyle buyers, 2020 saw interest piqued even more, as well as a healthy interest from farmers looking to expand.
Positive market
Despite Covid-19, the market for land and farms has been surprisingly positive. Prices have remained firm, driven by demand from residential and commercial farm buyers.