One of the things pushing the price of land up is carbon offsetting. There are a lot of new companies involved in this. There is also potential stewardship type grants available which can add value to land. I have seen seemingly worthless utility land, both in the Dales (joint hole field) and on the outskirts of Sheffield (green belt) go at 8k and 18k an acre respectively.
It is also true that people like to own land, especially those with lots of money. It'll sell.
It is also true that people like to own land, especially those with lots of money. It'll sell.