Grazing land value

Out,_Vile_Jelly

As a rough guide, a horse needs approx 1.5 acres of grazing, and as they're herd animals it's unusual to keep one on their own. So a single isolated acre is not really saleable to the equestrian community.

Could it be offered to the Council or a local charity as a community or wildlife garden? If it has near-zero commercial value, it may as well be socially useful.

[Deleted User]

You are thinking of the BHS guidelines however you would be amazed at home some horse owners shoehorn them in.

One acre would suit 2 mini's or if you put up stabling and strongly manage / rotate the paddock I could see some squeezing 2 larger ponies or 3 minis.

smallholdingsister

Davesnave wrote: »

Ah, but that's your village, and it's posher than my village. They're probably going to open a dry ski slope.

LOL! :beer:

I have had a single pony quite happily on an acre and a half for years. She has horses adjacent but not in her field which is what she would likely have at livery.

AnotherJoe

Why do you want it valued? Is it so you can sell it to the other part owners or vice versa ? Or you are just curious ? Or someone is making you jointly an offer ? Or or or ........ ?

Nosmo_King_2

My question was with regards to probate etc, The field had an initial valuation of £2000 but that was 2 years ago, It brought in rent of around £100pa, (on the occasions when it wasn't rented the hedging ended up costing over £200!) I have found some valuations for "rough pasture"? but they date to 2009 . I am trying to determine valuation with regards to possibly apportioning the valuation out.
Thanks

Davesnave

Nosmo_King wrote: »

My question was with regards to probate etc, The field had an initial valuation of £2000 but that was 2 years ago, It brought in rent of around £100pa, (on the occasions when it wasn't rented the hedging ended up costing over £200!) I have found some valuations for "rough pasture"? but they date to 2009 . I am trying to determine valuation with regards to possibly apportioning the valuation out.
Thanks

Without more specifics, like the region it's in, the proximity of a town or village, the availability of water (might be in the road, if there is one), the access, the degree of slope etc we are just guessing.

However, no paddock of around an acre, set within normal farm land would sell for a figure as low as £2k, even with the public footpaths, which are a definite down-side.

Yes, hedge cutting, fencing etc can cost more than the rent. There's no logic to land ownership!

daveyjp

Have it valued and consider an auction sale.

I once saw a plot in an auction with evidence to show the guide at £8-10,000 about right, however two people in the room didn't want the other to own it. It sold for £110,000.