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Costs involved in owning a plot of land with trees

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  • Section62
    Section62 Posts: 9,910 Forumite
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    RHemmings said:

    I also have my eye on a plot of land in my city, which is a good size and has a lot of trees on it. The guide price for it is extremely cheap

    Hammer price of £18,500 plus buyer's commission.  More than five times the guide price.  Not so cheap in the end.

  • RHemmings
    RHemmings Posts: 4,894 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 27 October 2023 at 3:13PM
    Section62 said:
    RHemmings said:

    I also have my eye on a plot of land in my city, which is a good size and has a lot of trees on it. The guide price for it is extremely cheap

    Hammer price of £18,500 plus buyer's commission.  More than five times the guide price.  Not so cheap in the end.

    Thanks. I forgot to watch the auction. I wonder who bought it. I'll put something in my calendar for six months time to see if there's a title deed for it. 

    EDIT: The other two plots of land in the same estate. Both for well above the guide price, as mainly seems to be a pattern for that auction. 

    One, with a guide price of £5000 sold for £11,000. 

    https://www.auctionestates.co.uk/property/1857-0-18-Acres-Of-Land-Off-Whitebeam-Road-Oadby-Leicestershire-Le2-4ea

    But, the other one, with a guide price of £5000, sold for £57,000. 

    https://www.auctionestates.co.uk/property/1855-0-14-Acres-Of-Land-Off-Whitebeam-Road-Oadby-Leicestershire-Le2-4ea 

    Elsewhere, someone bought some road for £50. I wonder what they can do with that. If they are not a resident who just wants to make sure that they have control of their road. 

    https://www.auctionestates.co.uk/property/222699-land-roadways-to-the-north-east-of-cocknage-road-stoke-on-trent-staffordshire-st3-4tb
  • deannagone
    deannagone Posts: 1,114 Forumite
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    I'd get the land checked very carefully for Japanese Knotweed.  Could be very expensive.
  • RHemmings
    RHemmings Posts: 4,894 Forumite
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    edited 28 October 2023 at 8:31AM
    I'd get the land checked very carefully for Japanese Knotweed.  Could be very expensive.
    I had given up the idea of buying the land even before I went and looked at it. But, I didn't see any Japanese knotweed, and I'm familiar with it. All three pieces of land looked well-maintained. 
  • Looks to me as though someone has already encroached onto the land. House far left appears to have built a shed/ lean to on the side of their house which sits on the sale plot.
  • user1977
    user1977 Posts: 17,933 Forumite
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    Looks to me as though someone has already encroached onto the land. House far left appears to have built a shed/ lean to on the side of their house which sits on the sale plot.
    Well spotted. Maybe they're the buyers? (or somebody else has spotted it and is going to hold then ransom...)
  • FreeBear
    FreeBear Posts: 18,268 Forumite
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    Looks to me as though someone has already encroached onto the land. House far left appears to have built a shed/ lean to on the side of their house which sits on the sale plot.
    Looking at the satellite image, it would appear that the garden at the back has expanded, and they've snaffled a bit at the front.

    Her courage will change the world.

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  • subjecttocontract
    subjecttocontract Posts: 2,773 Forumite
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    edited 29 October 2023 at 10:05PM
    I back onto a 10 acre woodland that I have tried to buy on more than one occasion, but have so far, been unsuccessfull.

    My neighbour decided that the woodland was causing problems with his lawn. He employed a guy to cut the trees down for 10-15 metres back from his boundary & dispose of the wood.  We think the land owners fly over the woodland regularly taking aerial photographs which they compare with previously taken photographs. Obviously on this occasion they could see that an area had been cleared. They wrote to the neighbour instructing him to reinstate a number of the trees that had been felled, listing the type & size. It ended up costing him many thousands of £'s to comply.

    Perhaps one of the benefits of owning a small woodland, if not the biggest, is the possibility of taking legal action & claiming compensation from those who encroach onto, remove timber or illegally move boundaries.

    Wasn't it Henry IV who caught 2 peasants collecting firewood on his royal estate and had their hands cut off as a punishment ! Perhaps they got off lightly, they could have been executed instead.


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