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The Growing Market for Woodland

The Growing Market for Woodland

Stags Farm Agent and Auctioneer Andrew Ranson Stags Farm Agent and Auctioneer Andrew Ranson, discusses the growing interest in woodlands and highlights recent sales.

Stags have recently witnessed the growing popularity and interest in purchasing woodland by a wide variety of buyers.

Andrew Ranson explains, “We have seen a diverse range of buyers from commercial foresters to amenity buyers looking for woodland. We have also seen buyers with an environmental interest come to the market, looking to perhaps capture carbon or earn Net Biodiversity Gain credits."

Some recent successes include the sale of:

-          The idyllic, Sparkling Water Woods near St Columb - 2.83 acres of attractive broadleaf woodland with long river and stream frontage, criss-crossed with a network of paths, opening out to sunny glades. This achieved 81 viewings in under 5 weeks and smashed its guide of £40-£60,000 making £89,000!

-          3.09 acres of broadleaf woodland at Hollacombe, sold well this spring to a buyer from Oxfordshire

-          7.69 acres and 6.95 acres between Truro and Falmouth sold for £49,000 and £104,000 respectively.

-          7.85 acres, of idyllic private riverside mixed woodland with further planting opportunities and a timber cabin at Buckland Filleigh, guided at £60,000, sold early this year for £72,000.

Andrew Ranson comments: “These sale results demonstrate the popularity of smaller blocks of amenity woodland and the premium that buyers are willing to pay to secure such an opportunity”.

Woodland ownership also attracts various tax advantages. If the woodland is commercially managed, it should attract 100% relief from income tax, Inheritance Tax (once owned for more than 2 years), and increases in the value of the growing timber should be completely free of CGT, (although the increase in the value of the land is still liable to CGT). However, it is recommended to obtain tax advice on your specific property, which our professional services team would be happy to review with you.

As for what stags have on the books that will soon be coming to market, there are 3 predominant parcels comprising a total of 7 lots.

The Woodland at East Taphouse is an attractive 6.6 acre parcel of private woodland, set back from the road and with an adjoining 1 acre meadow. There is a delightful path that runs around the inside of almost the entirety of the perimeter of the woods, passing through glades of bluebells and alongside a beautiful brook. There are level areas beside the path wide enough to perhaps camp on and apart from the sound of the stream, the only other sound is the vocal birdsong. 

Around the Halwill area, Stags boasts about 77 acres in two broadleaf woodlands, coming soon in 6 lots. The woodlands have a number of features including river frontage, a dramatic stream gorge and a diverse range of flora and fauna. Both areas of woodland are particularly private and peaceful, and accessed off minor roads. One of the lots has the benefit of an old, stone walled small barn a few meters back from the entrance access, whilst another has a high chair for deer stalking.

If you are interested in any of the forthcoming woodland opportunities or looking for advice on buying or selling woodland or farmland, please contact Andrew Ranson on 01566 774999 or email farms.cornwall@stags.co.uk