Reply To: Cost of land

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#5436
joegrgraham
Participant

Catfish mentions access, this is an important consideration. Is it accessible from a road, or is the access through someone else’ land? If the latter applies, are the access rights legally binding?. There have been many fall-outs over access rights, and it is not much use having a patch of land you can’t get to!.
As for the price, how long is a bit of string!. Fishing rights have been mentioned, also shooting rights, are there any shoots that own neighbouring land that would be keen to aquire this piece?.
Probably your best bet is to do some research of the area and find out if any similar plots have been sold recently and what they went for. Speak to the local land owners, and also the local Land Agents/ Auctioneers for an independant valuation.

Joe