Land price increased again in the last quarter of 2020

The average price of land in the Netherlands has increased by 2020% in 2,7 compared to 2019. This is apparent from the latest figures from the Land Registry and Wageningen Economic Research. The stabilization and slight fall in the price of land in the 2^e in 3. ^e quarter of 2020 therefore does not appear to be a trend.

One hectare of agricultural land in the Netherlands now costs an average of €63.600. The average price of arable land in the 4th quarter of 2020 was €74.100 per hectare. That is 6,5% higher than in the 3^e quarter. The average land price for arable land for the whole of 2020 is €71.800 per hectare. In 2019 that was €71.200 per hectare.

Grassland is in the 4^e Q2020 8 became 59.900% more expensive and cost €2020 per hectare. On average over 58.400, a hectare of grassland cost €3,4. That is 2019% more than in XNUMX.

In the last quarter of 2020, 10.900 hectares of land were traded. That is 16% more than in the same period in 2019. Over the whole of 2020, 31.400 hectares of land changed hands, 2.000 hectares more than in 2019. In 2018 and 2017, 35.600 and 34.400 hectares of agricultural land were traded respectively. Relative land mobility in 2020 amounts to 1,74%.

West region largest riser
The strongest price increase for land was in the west of the country (Westelijk Holland, Waterland en Droogmakererijen, Hollands/Utrechts Weidegebied). In the 3^e Q2020 57.000 the average price was €4 per hectare. In the XNUMX^e quarter the price rose by 20% to €68.600 per hectare. Over the whole of 2020, the average price has increased by 11% in the West part of the country and amounts to €63.700 per hectare.

The Northern part of the country (Bouwhoek and Hogeland, Veenkoloniën and Oldambt and Northern Pasture Area) remains on average the cheapest region in the Netherlands. In 2020, the price was 11% below the national average. The price of land in this region will be on average €2020 per hectare in 56.500, an increase of 3% compared to 2019. At €72.400 per hectare, the South Region is the most expensive region in the Netherlands. On average, the price of land in this region has increased by 2% compared to a year earlier. The price of agricultural land has remained fairly stable in the Eastern part of the country. On average, a hectare here in 2020 cost €63.700. That is €300 per hectare more than in 2019.

Jurphaas Lugtenburg

Is editor at Boerenbusiness and focuses mainly on the arable farming sectors and the feed and energy market. Jurphaas also has an arable farm in Voorne-Putten (South Holland). Every week he presents the Market Flash Grains

j.lugtenburg @boerenbusiness. Nl

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