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Greenbelt Land

dazer_1
dazer_1 Posts: 1 Newbie
in House buying, renting & selling
A local farmer has offered to sell a piece of land - a long thin strip of about 0.2 acres. The land is part of a dirt track over which various properties, including mine, have easements. Those properties, other than one, do not use the track as they have other accesses. The land is in Nottinghamshire. Development is impossible given the land is a track and various people have easements - might be able to squeeze a shed along the side where the track widens.

I doubt it would add much value to my property but would be interested if anyone has an idea of the value of this land.

thanks

Comments

  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    It is worth what you or the other property owner who uses it is willing to pay.

    Everyone else in the country (all 73.2 million of them) will say "It has no value". Why would anyone want to buy it?

    Why do you? What will you gain apart from a shed?

    Hard up local farmer trying to get some cash from land which is worthless to HIM, let alone anyone else!
  • ILW
    ILW Posts: 18,333 Forumite
    If it was only a few hundred quid I would be tempted.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Because........?
  • bengalknights
    bengalknights Posts: 5,021 Forumite
    Part of the Furniture 1,000 Posts
    Is 0.2 acres big enough for a veggie patch and some chickens that would be worth a few hundred quid to me
  • tbs624
    tbs624 Posts: 10,816 Forumite
    It's worth whatever you and the farmer agree it to be worth. The farmer may also want you to pay his legal fees.
  • ILW
    ILW Posts: 18,333 Forumite
    G_M wrote: »
    Because........?

    So I could shout "get orff of moi land" at strangers.
  • BitterAndTwisted
    BitterAndTwisted Posts: 22,492 Forumite
    10,000 Posts Combo Breaker
    If it's greenbelt land you may not even be able to put a shed on it, never mind cultivate a veggie patch
  • chris_m
    chris_m Posts: 8,250 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    BitterAndTwisted wrote: »
    If it's greenbelt land you may not even be able to put a shed on it, never mind cultivate a veggie patch

    Aren't veggies green, then?
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    chris_m wrote: »
    Aren't veggies green, then?
    Yeah, but they don't wear belts.
This discussion has been closed.
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