Land & Agricultural Valuations
At Fallows, we are experts in land and agricultural property valuations across Hampshire, West Sussex, and Surrey. Whether you're dealing with farmland, equestrian property, land with development potential, or tenancy agreements, our independent RICS Red Book reports provide clarity, professionalism, and defensibility.
We understand that land valuations often involve complex factors — conservation designations, tax reliefs, tenancy law, and development potential. That’s why we combine deep local expertise with professional rigour to deliver valuations that stand up to scrutiny.
Agricultural Property & Tenancies
We conduct valuations for agricultural estates, working farms, and property under agricultural tenancies (AHA's, FBTs etc). We understand the nuances of farm tenancies, contract farming arrangements, farm worker dwellings/ assured agricultural tenancies, and other lease structures, ensuring accurate valuation benchmarks are applied for both the land and any tied dwelling or buildings.
Agricultural Property Relief (APR) & Occupancy Conditions
Many clients require valuations for Inheritance Tax (IHT) planning, benefiting from Agricultural Property Relief (APR). We also address properties encumbered by agricultural occupancy conditions, where eligibility for relief depends on active farming use. Our valuations help ensure properties meet APR criteria and withstand HMRC review.
Equestrian & Smallholding Valuations
From livery yards and equestrian properties to smallholdings and hobby farms, we value a broad spectrum of rural assets. Whether you require a breakup valuation or advice on development value within agricultural use, Fallows deliver comprehensive and market-aware assessments.
Development Potential & Hope Value
Some rural land carries hope value — potential for future residential or commercial development. We provide valuation advice for agricultural land with development prospects, underpinned by planning evidence, viability analysis, and knowledge of local housing pressures and emerging policy contexts.
Tax Planning
With the recent APR changes, many farming families are seeking advice about how to mitigate future inheritance tax. To keep costs low ad to aid people through this process, we are providing outline valuations to aid accountants and to plan different scenerios, and then completing the formal valuation process later.

Andrew Thomas is our in-house land agent and one of the founders of Fallows
Schedule A Call
For any valuation involving land or farms, such as probate or CGT, please schedule a call with Andrew Thomas using the link below, or call the office on 01730 208218.
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Andrew is an RICS Registered Valuer and Rural Practice Chartered Surveyor
Andrew Thomas
Andrew graduated from Harper Adams in 2002 and is a Rural Practice Chartered Surveyor. He started his careeer in the Lake District National Park before then relocating to the South Coast in 2008. Andrew is an expert in rural property, especially agricultural tenancies. His valuations have been used in arbitrations, agricultural rent reviews and valuing the surrender of secure tenancies.