Farmland values rising faster than house prices in Mayfair, estate agents say, as actress sells Cotswold home bought for £3.3m in 2002
Elizabeth Hurley, the actress and model, has cashed in on the soaring value of farmland by selling her home in the Cotswolds for £9 million.
Farmland prices have risen more quickly than those of houses in central London over the past 10 years, up 198 per cent and 138 per cent respectively, new figures show.
The rise helped Ms Hurley, 50, make a significant profit; she bought the Grade II listed property in Gloucestershire for £3.3 million in 2002, just 13 years ago.
Henry Pryor, an independent property analyst, said wealthy buyers were attracted to “the Archers lifestyle” and a romantic view of the English countryside reinforced by period dramas such as Downton Abbey.