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Agricultural land values

By: Language: English Series: Farmland Market ; (64) Autumn 2005, 12-13(2)Publication details: 2005Subject(s): Summary: Looks at the future of land values from the perspective of current market drivers: agricultural profitability, taxation advantages, amenity advantages, pride of ownership and hope of development. The radical reduction in agricultural profitability over the last decade has not been reflected in land values which have in fact risen as profits have fallen. Assumes that farm profitability has only a minor impact on land values and suggests that investment in land in terms of agricultural profitability is not justified. Looks at the vacant land and let land markets. Proposes major changes on the IHT, CGT and roll-over relief fronts. Predicts a reduction in land values in future. Graph shows UK net farm income compared to land values 1994-2004.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article L131482 (Browse shelf(Opens below)) 1 Available 131482-1001

Looks at the future of land values from the perspective of current market drivers: agricultural profitability, taxation advantages, amenity advantages, pride of ownership and hope of development. The radical reduction in agricultural profitability over the last decade has not been reflected in land values which have in fact risen as profits have fallen. Assumes that farm profitability has only a minor impact on land values and suggests that investment in land in terms of agricultural profitability is not justified. Looks at the vacant land and let land markets. Proposes major changes on the IHT, CGT and roll-over relief fronts. Predicts a reduction in land values in future. Graph shows UK net farm income compared to land values 1994-2004.