Headlines
test test
Share:


Did you find this story interesting?     (0) (0)

19/10/2007

Thousands of acres of farmland could be sold off for housing



Thousands of acres of publicly-owned farmland in Lincolnshire could be sold off to housing developers.

More than 250 holdings owned by the county's biggest council are under threat following a 400 per cent rise in land values over the past decade.



Tenant farmers renting the farms from Lincolnshire County Council are sitting on prime development land which will be considered for development over coming years.

That suitable for building could be sold for up to £400,000 per acre - 80 times its value as agricultural land.

The council has decided to consider selling off farms when they become vacant.

Some would be swallowed up by bigger agricultural businesses. Others would go for development, if planning permission is granted.

The council has denied that it will mean the loss of Lincolnshire's agricultural tenancies by stealth.




No Comments


Nobody has posted any comments on this story.




Post A Comment:
*Enter verification code, as seen on the picture
Code Image - Please contact webmaster if you have problems seeing this image code 


Farming items for Sale

Related News

 Shropshire farmland sells for £10,400 an acre - 03 Apr 2012
A significant imbalance between supply and demand is fuelling rising farmland prices, as witnessed at a successful auction in Shrewsbury last Friday w...

 Farmland values break 6,000 GBP acre to hit new record high in England - 08 Jul 2011
but price growth set to flatten Knight Frank Farmland Index Q2 2011 • Farmland values rose by almost 3% in the second quarter of 2011 and are no...

 Cheshire land sells to a top of £6,189 per acre - 10 Feb 2007
ARABLE and pasture land at Coole Lane, Nantwich, Cheshire sold to a top of £6,189 per acre when a total of 387 acres were sold by Wright Manley. So...

 Agriculture land sells for up to £11,563 per acre - 07 Sep 2009
South Shropshire land sold for up to £11,563 an acre at a very successful auction of agricultural and residential property held by Kidderminster aucti...

 1.000 acres sold by rural agents - 01 Sep 2010
Two North Shropshire farms that were on the market for a combined total of £7.75 million have been sold by the county’s leading agricultural age...

 Fodder shortage: Owners sell off cattle in Akola - 29 Jul 2008
Cattle owners in the district are getting desperate. Faced with severe shortage of fodder, the owners are selling the cattle at throwaway prices. Catt...

 Australia-Fosters Brewing sell off vineyards. - 01 May 2009
AUSTRALIA-FOSTERS SELL OFF VINEYARDS. PRODUCERS wishing to expand their holdings will have the opportunity to buy more than 2600 hectares of "...

 Opposition to selling off council farms - 25 Jan 2011
NFU Cymru has today expressed its disappointment to the Leaders of Flintshire County Council following news that the Council has proposed to sell off ...

 New Can-Am ATV riding gear range - 30 Jan 2007
NEW CAN-AM ATV RIDING GEAR RANGE The new Can-Am(T) clothing range, designed especially for the ATV rider, is available from authorised Can-Am deale...

 Pembrokehshire farmers meet local AM - 22 Nov 2007
"Farmgate beef and lamb prices need to increase substantially to ensure the long term viability of livestock production in Pembrokeshire," Perkin Evan...