Powys farm sold for nearly £2 million to open 2024

A farm near Welshpool was among a number of properties that sold near the end of 2023 for nearly £2 million.

Halls, one of the UK’s leading regional firms of estate agents, chartered surveyors, auctioneers and valuers, ended 2023 with a series of high value sales, including Glyn Farm at Brooks, near Welshpool, which had a guide price of £1.75 million.

Also included in the sales was White House Farm, Binweston, near Worthen, just across the Powys border, which was on the market for £1.8 million.

Both farms were among a number of properties where the sale for agreed on in the week before Christmas 2023, as a spokesperson for the company described the sale as a “great” way to head into 2024, but noted that more farms and land is needed to meet the growing demand.

Glyn Farm comprised 131 acres of grassland and woodland, a four bedroomed, period farmhouse and a varied range of modern and traditional farm buildings.

White House Farm comprised a farmhouse, a range of traditional buildings with planning consent for conversion to two homes and a garage, two building plots with full planning permission for two homes and 101.94 acres of productive arable and grassland.

Louise Preece, Halls’ head of rural professional services, said: “It was a super way for Halls to end 2023 and to start the new year. However, we need more farms and land to meet the growing demand.

“We are optimistic about the farmland market for 2024 and hope the recent announcements by DEFRA, of increased support for agriculture, will result in increased confidence in the sector.

“We have seen a good level of interest in all our properties from a range of buyers and we have some exciting farm sales in the pipeline for 2024.”

Several lots have already been entered into Halls’ first collective property auction of 2024, scheduled for February 23. Other auctions are scheduled to follow in April, July, September and November, with the auctioneers promising property and land to suit most buyers.