Ottery St Mary farm for sale with agricultural tie – or is it?

Former East Devon District Councillor Graham Brown’s home was apparently briefly on the market this week. The home, with its agricultural tenancy, was advertised as up for sale for £1 million plus. Here is where it appeared in a local newspaper on 11 May 2016:

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However, if you are interested in buying it, that may prove to be a little difficult, as it does not appear on the Symonds and Sampson estate agent website, nor on either of the major property websites Rightmove and Zoopla and Google searching does not bring it up.

Ex-councillor Brown attempted to remove the agricultural tie a year or two ago saying that he had not farmed the land for many years, but his application was refused after EDDC received evidence that the land had been receiving EU farming subsidies.

Removal of an agricultural tie can add at least 40% to the value of a property.

There are companies that will work on a “no win, no fee” basis specialising in removing such ties, but rules say that the property should be marketed first with its tie for a reasonable price and continuously for a reasonable period of time, usually at least six months.

As it seems to have been marketed only for a very short period before disappearing completely from the internet, it seems that the owner must have decided to stay put or perhaps he has decided to change estate agents and to market it again later.

Update: The property was on offer in March 2013 for £1.55M via Hall and Scott. See

http://www.rightmove.co.uk/property-for-sale/property-41090060.html

Note that at the time the spec was for approx 25 acres — but now it’s being advertised at 22 [sic] acres – and that it was clear that “Ware Farm is subject of an Agricultural Tie”.

Self-evidently if that tie were lifted, the owner should expect to get substantially more than the £1.55M asking price of three years ago. That wouldbe a nice little earner.

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