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Cumberland and Westmorland Herald
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    Appleby flood scheme work to pause for town’s horse fair

    Appleby flood scheme work to pause for town’s horse fair

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    Man arrested after police drugs raid in Penrith

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    Man fined after abandoning car at Penrith Railway Station for several weeks

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    Appleby Show team rallies round as treasured event under threat

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    Big splash as Lazonby Pool reopens after revamp

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    Hedgehog Bookshop nominated for national award

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    Gold for Keith in annual festival of orienteering

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Cumberland and Westmorland Herald
  • News
    Appleby flood scheme work to pause for town’s horse fair

    Appleby flood scheme work to pause for town’s horse fair

    Man arrested after police drugs raid in Penrith

    Man arrested after police drugs raid in Penrith

    Man fined after abandoning car at Penrith Railway Station for several weeks

    Man fined after abandoning car at Penrith Railway Station for several weeks

    Appleby Show team rallies round as treasured event under threat

    Appleby Show team rallies round as treasured event under threat

    Big splash as Lazonby Pool reopens after revamp

    Big splash as Lazonby Pool reopens after revamp

    Hedgehog Bookshop nominated for national award

    Hedgehog Bookshop nominated for national award

    75-year-old cyclist dies after incident on Hartside

    75-year-old cyclist dies after incident on Hartside

    Overlooked elements that define great outdoor projects

    Overlooked elements that define great outdoor projects

    Donald Campbell’s Bluebird to return to Ullswater

    Donald Campbell’s Bluebird to return to Ullswater

  • Sport
    New boss revealed for Penrith AFC

    New boss revealed for Penrith AFC

    Penrith Panthers celebrate winning season

    Penrith Panthers celebrate winning season

    Darren Edmondson leaves Penrith AFC

    Darren Edmondson leaves Penrith AFC

    Lucy plays key role in county T20 triumph

    Lucy plays key role in county T20 triumph

    Gold for Keith in annual festival of orienteering

    Gold for Keith in annual festival of orienteering

    Cumberland and Westmorland wrestlers head to European championships

    Cumberland and Westmorland wrestlers head to European championships

    Kirkby Stephen Hockey Club win league title

    Kirkby Stephen Hockey Club win league title

    Dedicated Eden football volunteer wins major award

    Dedicated Eden football volunteer wins major award

    10-year-old footballer Casper Ostrowski snapped up by Morecambe

    10-year-old footballer Casper Ostrowski snapped up by Morecambe

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Home Farm and Countryside

Demand for land in Cumbria ‘unprecedented’

by CWH
14 October 2020
in Farm and Countryside
A A
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Demand for land in Cumbria is at an unprecedented level, with the sums paid for it in recent weeks being up to 40 per cent above guide prices, according to county firm H&H Land and Estates.

The company says the end of September saw the closing date for the sale of several parcels of land in the Penrith area.

With multiple offers received on all the properties, they sold for sums ranging from 17 to 40 per cent above their guide prices.

Sold by the Carlisle office of H&H Land & Estates, the properties included 89 acres of land at Troutbeck, 14 acres to the west of Penrith, 27 acres at Mungrisdale and eight acres at Greystoke.

Interest came from farming neighbours, farmers from outside the area and investors looking to take advantage of current tax regimes, as well as forestry, lifestyle and amenity purchasers.

Thomas Armstrong, director and chartered surveyor for H&H Land and Estates, said: “Given the year we have all had and the turbulence COVID-19 has caused the industry, we are absolutely thrilled to have received so many offers on these recent land sales.

“It is certainly encouraging that the land market appears to still be so strong as we head into the final quarter of the year, with such buoyant prices being achieved.

“Unusually for this time of year we are still bringing further land opportunities to market and I believe there are a variety of reasons why people are keen to sell now.

“Some are wanting to release capital while others are looking to take advantage of the current tax allowances, and of course people retire or have acreages which are surplus to their current farming requirements.”

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