THE SELECTION OF LAND 



Value 



The reduced value of agricultural land at the present 

 time favours the cultivator who wishes to break fresh 

 ground and who is prepared with the means to purchase 

 large areas. The official returns of the gross income 

 derived from the ownership of land (excluding ground- 

 rents and gardens under one acre) for 1 902-3 were the 

 lowest in a period of thirty years, amounting to the 

 following totals, which are compared with the highest 

 totals of the period named. 



Lowest Year, Highest Year, 



1902-3. 1876-77. 



England, and Wales . £36,624,408 £51,811,234 

 Scotland . . 5,883,487 7,689,717 



This represents a total decrease for Great Britain of 

 nearly seventeen million pounds. 



Many farms and country estates have come under our 

 notice for examination and report, where the price asked 

 for the freehold has been as low as £8 or ^"io per 

 acre, including residence and farm-buildings. This has 

 ranged upwards to £$0 P er a cre, the amount depending 

 much more upon the situation than the quality of the 

 land. Planted with fruit trees or other permanent stock, 

 or having glass-houses, the selling prices rise rapidly, 

 from ;£loo to over £400 per acre being asked and 

 paid. 



The actual price per acre is not the only consideration 



