Stags Spring Market Review

Stags has an experienced and professional Farm Agency team based in Exeter working together with the established network of farm valuers in our 19 West Country offices and The London Office.

This unique successful combination has proved its worth time and time again and we are entrusted to handle the sale of a complete range of farms and land across the south west each year whether residential, lifestyle, commercial units or farms with other diversified activities including holiday cottages or equestrian use.

The benefits of detailed local knowledge combined with targeted national marketing ensures that clients can receive unrivalled advice on the appraisal, valuation and sale of these specialist rural properties as well as their promotion to all types of buyer, whether local, national and even international on occasion. This enables us to achieve the best possible sale price.

Stags also have the expertise to identify the potential to add value and work alongside it's other rural departments to give a complete service. This can range from planning and taxation advice, through single payment scheme issues or faming schemes and arrangements, as well as the sale of livestock and machinery.

Many of these properties are purchased by those currently outside the industry so an understanding of the relevant issues and ability to provide future support is vital.
Recent sales include:

Litton Farm, near North Molton, a private stock farm within Exmoor National Park offering equestrian appeal with 177.5 acres, 4 bedroom house with stone barns, modern buildings and cross country course, manege, lakes and woodland, sold off a guide of £1,100,000.

Jubilee Park Farm near Winkleigh, a pleasantly situated grassland farm with 50.68 acres, a 4 bedroom agriculturally tied farmhouse and versatile modern farm buildings sold off a guide of £495,000.

The 259 acre Dairy Farm, Meeth, near Okehampton also sold recently off a guide price of £2,500,000

On the fringe of Exmoor National Park Fernham Farm, Brayford was the subject of intense competition from the marketplace. Extending to 234 acres the farm included a beautifully presented Grade II Listed farmhouse with landscaped gardens, studio and lake. There are also some traditional farm buildings close to the farmhouse with modern stock buildings behind. The farm also included a three bedroom modern house which enjoyed beautiful views over the Exmoor Hills.The farm was Guided at £2,000,000 to attract interest which it certainly did and Stags received multiple offers on the farm leading to a sale significantly in excess of the guide as well as a number of disappointed buyers obviously seeking something similar.

Currently on the market is Bushton Farm at West Buckland which is a privately situated grassland farm with two four bedroom dwellings, range of traditional buildings with planning permission for conversion, excellent modern buildings formerly used for dairying, all centrally set within a ring fence of about 110 acres.

Stags have well over 220 buyers on the mailing list looking for farms with 40 or more acres.
Stags also continue to lead the way with bare land sales.  Over the South West 11% fewer acres changed hands in 2011 than in 2010.  However Stags sold 36% more over the same period in Devon, 3,800 acres, averaging just over £6,000 per acre across the board.  Demand for all types of land lots remains strong and Stags mailing list currently has 1,295 land buyers actively looking.

An experienced Stags valuer will be happy to visit you and provide a free market appraisal in complete confidence.  For further information please contact Rob Ayre at the firm’s South Molton office on 01769 572263 or the Farm Agency Department on 01392 680059.

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Stags - Properties in Devon, Cornwall, and Somerset

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