According to Savills, even as the property market has fallen over the past few years, land has achieved a 5 year growth of 135%.

Land which is high quality, in good locations has been driving the price of land upwards

Savills predict a positive outlook
Ian Bailey, head of rural research at Savills was quoted in Property Wire saying ‘…land will be well-placed to defy, in large part, the downward recessionary pressures’.

Tellingly investment buyers accounted for 24% of land sold in 2008 – this is a massive 16% increase compared to 2007. As investors flee tumbling markets land is being recognised as a viable alternative.

Further Information
UK land defies the global property downturn