Keep up to date with the latest Stags news
Stags reports a stronger year for grass keep sales in 2022, with keen demand evident across the South West. The vast majority of lets are between 1st April to the end of December and provide the ability for the purchaser to often take a cut of grass as well as graze the land. Overall, Stags has let a total of 5,194 acres (up 546 acres on last year) at an average of £105.69 per acre (up £11.34 on last year), with a top price achieved of £174.91 per acre in the Tavistock area.
In addition, Stags let a total of 687 acres of mowing grass with the purchaser able to take one or two cuts on most occasions between 1st June to the end of September. The 687 acres (up 178 acres on last year) averaged £97.38 per acre (up £18.65 on last year) with a top price achieved of £150 per acre in the Crediton area.
The very hot summer, shortage of grass throughout the second half of the year and sky-high fertilizer prices has already led to very high fodder prices this autumn. This will inevitably impact next year’s grass keep sales, where all blocks are likely to receive a large amount of interest. Stags has a number of strategically placed professionals across the South West able to advise clients on how best to maximise grass keep values next season.
If you are thinking of letting grass keep next year, please contact:
Mid, East and North Devon Chris Clapham or Harvey Pile 01769 572042
South Somerset & East Devon Guy Wilson or Hannah Lukins 01823 653424
West Devon and Cornwall Sally Blowey 01822 619815
South Devon Miles Webber 01803 862002
