Land at Wilby, Norfolk

Lot 1: 10.71 acres (4.33 ha) - Former Farmhouse & Land
Guide Price: £210,000

Lot 2: 159.93 acres (64.72 ha) - Land
Guide Price: £1,040,000

In all, about 170.64 acres (69.06 hectares)

Offers in the region of £1,250,000

The property is offered for sale by Private Treaty as a whole or in up to two lots.

DESCRIPTION

Land at Wilby extends to about 170.64 acres (69.06 hectares) and comprises a ring-fenced block of arable land, permanent grassland and water meadows, interspersed with pockets of established woodland, in a highly accessible yet attractive rural position.

The arable land, extending to approximately 85.48 acres, is laid out in three large, easily worked fields well suited to modern arable machinery, and is farmed by the Vendor's farming partnership within a rotation of winter and spring cereals, winter oilseed , sugar beet, potatoes and peas. The grassland and water meadows, extending to about 71.91 acres, form the northern part of the property and are used for sheep grazing under a seasonal licence granted to a local third party grazier. The land is classified as Grade 3 and Grade 4 by DEFRA and described by the Soil Series of England and Wales as belonging to the Coombe 1 series, being well-drained, calcareous fine silty and clayey soils over chalk, well suited to cereals, ley grassland and permanent pasture.

The site of a former farmhouse and its adjoining orchard lie on the eastern edge of the holding, offering an attractive amenity or redevelopment opportunity within an established and well-screened setting.

Land at Wilby represents a rare opportunity to acquire a versatile Norfolk holding which combines productive arable land with grassland, woodland and water meadow, well suited to continued agricultural use, amenity and environmental enhancement.

LOT 1: FORMER FARMHOUSE & LAND

About 10.71 acres (4.33 ha). Guide Price £210,000.

An attractive parcel of land extending to approximately 10.71 acres (4.33 hectares), occupying a well-screened position on the edge of the historic village of Wilby, with direct access from Wilby Road. It comprises the site of a former farmhouse, an adjoining old orchard and surrounding permanent grassland.

The former farmhouse site and orchard extend to approximately 3.07 acres and offer an opportunity for potential redevelopment, lifestyle of amenity use, subject to obtaining the necessary consents.

The balance of the land comprises permanent grassland classified as Grade 4 by DEFRA, currently grazed by a third-party contractor under a seasonal licence. Further details are available from the Vendor's agents.

Access to Lot 1 is taken from Wilby Road to the east.

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LOT 2: THE LAND

About 159.93 acres (64.72 ha). Guide Price £1,040,000

Comprising the main block of agricultural land and extending to in all about 159.93 acres, with direct access from Church Road along its southern boundary. The land is arranged in a compact ring-fenced block and includes arable land, grassland and water meadows, woodland, water and internal farm tracks.

The arable land, totalling approximately 85.48 acres, is laid out in three large, easily worked fields well suited to modern arable machinery, and is currently farmed by the Vendor's farming partnership in a rotation of winter and spring cereals, winter oilseed , sugar beet, potatoes and peas. The grassland and water meadows form the northern part of the holding and are currently used for sheep grazing under a seasonal licence granted to a local third party grazier.

The land is classified as Grade 3 and Grade 4 by DEFRA and is of the Coombe 1 soil series — well-drained, calcareous fine silty and clayey soils over chalk — which is well suited to cereals, ley grassland and permanent pasture.

Access to Lot 2 is taken from Church Road along its southern boundary.

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CROPPING SCHEDULE

ENVIRONMENTAL & NATURAL CAPITAL

The property offers considerable scope for environmental enhancement alongside conventional farming. The grassland, water meadows and watercourses forming the northern part of the holding represent an increasingly scarce habitat type, and the combination of permanent grassland, established woodland blocks, hedgerows and open water provides a strong foundation for habitat creation and restoration.

Opportunities may include wetland and floodplain meadow restoration, species-rich grassland creation, woodland and hedgerow planting, riparian buffer establishment and wider habitat connectivity, together with the potential to generate Biodiversity Net Gain (BNG) units and other natural capital benefits. Any such scheme would be subject to specialist survey, scheme design and the necessary consents.

The land is subject to a Countryside Stewardship Mid-Tier agreement expiring on 31 December 2028 and two Sustainable Farming Incentive agreements, both terminating on 31 January 2027. Further details are available from the Vendor's agents.

METHOD OF SALE

The property is offered for sale by Private Treaty as a whole or in up to two lots.

TENURE & POSSESSION

The property is offered for sale freehold with vacant possession granted on completion.

The grassland is used for sheep grazing under a seasonal licence granted to a third party contractor, which will not affect vacant possession on completion. Further details are available from the Vendor's agents.

REGISTERED TITLE

The property is registered under Title Numbers NK368828 and NK374341.

RETAINED LAND

Land adjoining the property to its western boundary will be retained by the Vendor and is not included in the sale. The retained land is subject to a promotion agreement with a third party. Further details are available from the Vendor's agents.

INGOING VALUATION & HOLDOVER

Arrangements can be made for the Purchaser to take on the growing crop on payment of an ingoing valuation, or alternatively a holdover on the current cropping can be arranged mutually between the parties.

Where an ingoing valuation is taken, the Purchaser will, in addition to the purchase price, be required to take over and pay for all growing crops, cultivations, fertilisers, sprays and acts of husbandry at a valuation to be agreed between the parties. The valuation will be based on the cost of establishing the crops, including cultivations, seed, fertilisers, sprays and other inputs, plus a reasonable profit or management allowance, all assessed in line with current agricultural industry standards and contractor rates.

Payment will be due immediately upon agreement of the valuation, with interest at 4% above Barclays Bank base rate from exchange of contracts until payment. Should the valuation not be agreed within four weeks of exchange of contracts, the matter will be referred to a single arbitrator appointed by mutual agreement or, in default, by the President of the Royal Institution of Chartered Surveyors.

EARLY ENTRY

Early entry may be available by separate agreement following exchange of contracts, subject to the Vendor's consent, payment of an additional 10% deposit and any additional conditions required at the time.

SPORTING, TIMBER & MINERAL RIGHTS

All sporting, timber and mineral rights are included within the sale in so far as they are owned.

EASEMENTS, WAYLEAVES & RIGHTS OF WAY

The property is sold subject to and with the benefit of all rights including rights of way, whether public or private, light, support, drainage, water and electricity supplies and any other rights and obligations, easements and quasi-easements, restrictive covenants, and all existing and proposed wayleaves for masts, pylons, stays, cables, drains, water, gas and other pipes, whether referred to in these particulars or not.

BOUNDARIES

All boundaries outlined on the attached plans are for identification purposes only. Potential buyers are responsible for confirming the boundaries.

Any mistakes, omissions or inaccuracies will not allow the buyer to cancel the contract or claim compensation.

LOCAL AUTHORITY

Breckland District Council Address:

Elizabeth House, Walpole Loke, Dereham, Norfolk NR19 1EE

Tel:

Website:

VIEWINGS

Strictly by appointment with the selling agents. Interested parties are requested to contact the agents to arrange a viewing.

VAT

Any guide price quoted or discussed is exclusive of VAT. In the event that a sale of the property or any part of it or any right attached to it becomes a chargeable supply for the purposes of VAT, such tax will be payable in addition. All interested parties are advised to seek independent professional advice regarding their VAT position.

ANTI-MONEY LAUNDERING

In accordance with the Money Laundering Regulations 2017, once an offer is accepted, the purchaser(s) must provide any requested information to complete the necessary due diligence as a legal requirement.

HEALTH & SAFETY

Given the potential hazards of a working farm, we ask that you exercise caution when viewing the property. Neither the Vendor nor the selling agents are responsible for the safety of those viewing the property, and accordingly, those viewing the property do so at their own risk.