Land prices and rents (apri_lpr)

National Reference Metadata in Euro SDMX Metadata Structure (ESMSAL)

Compiling agency: Wageningen Economic Research

Time Dimension: 2016-A0

Data Provider: NL1

Data Flow: AGRIAP_ALANDNES_A


Eurostat metadata
Reference metadata
1. Contact
2. Metadata update
3. Statistical presentation
4. Unit of measure
5. Reference Period
6. Institutional Mandate
7. Confidentiality
8. Release policy
9. Frequency of dissemination
10. Accessibility and clarity
11. Quality management
12. Relevance
13. Accuracy
14. Timeliness and punctuality
15. Coherence and comparability
16. Cost and Burden
17. Data revision
18. Statistical processing
19. Comment
Related Metadata
Annexes (including footnotes)
 



For any question on data and metadata, please contact: EUROPEAN STATISTICAL DATA SUPPORT

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1. Contact Top
1.1. Contact organisation

Wageningen Economic Research



Annexes:
Wageningen Economic Research
1.2. Contact organisation unit

1.5. Contact mail address

Postbox 29703
2585 DB Den Haag


2. Metadata update Top
2.1. Metadata last certified 06/03/2018
2.2. Metadata last posted 06/03/2018
2.3. Metadata last update 06/03/2018


3. Statistical presentation Top
3.1. Data description
  Land prices  Land rents 
Data description

The agricultural land price is the price of a hectare that farmers pay for freely available agricultural land. At the basis of the calculation of the price of land are the transactions in the property register of the Land Registry, supplemented with information about the agricultural sector.

The average rent price of one hectare of free agricultural land (arable land or grassland).

The rent prices are calculated on the basis of FADN in the Netherlands. 

3.2. Classification system
  Land prices  Land rents 
Classification system

NUTS classification

NUTS classification

3.3. Coverage - sector
  Land prices  Land rents 
Coverage - sector

Data on land prices are based on the information compiled based on the combination of various administrative data sources with records from the Land Registry Office that includes not only transactions of agricultural land, but all transactions of immobile ownership. However for the compilation of land price statistics only transactions of arable and permanent grassland are included

Data are based on the information from FADN that includes agricultural farms obtained from the agricultural census based on the stratified sample.

3.4. Statistical concepts and definitions

Definition of the land price values

  Land prices  Land rents 
Definition of the land price values

The  field of observations includes the arable land and/or permanent grassland sold to (or purchased from) private owners or estate agencies who sell land for agricultural use. It excludes transactions for non-agricultural purposes (lifestyle buyers, construction sites etc.), transactions of land between relatives and transactions of rented land.

According to the Netherlands Civil Code, an agricultural tenancy is ‘… a contract whereby one party, the lessor, undertakes to provide the other party, the tenant, with the use of immovable property or a part thereof for the purpose of the conduct of agriculture in consideration of the tenant's undertakings’ (art. 7:311, The Civil Code of the Netherlands). The rents represent basic amounts for the tenancy of agricultural land, excluding the rent for buildings.

The costs of transferring ownership (therefore lawyer's fees, registration taxes and real estate) are excluded from collected selling/purchase price of agricultural land? Yes Not applicable. 
The value of deductible VAT is excluded from the price of agricultural land? Yes Yes
The entitlements related to the land are excluded from the collected selling/purchase/renting price of agricultural land? Yes Yes
The value of any buildings or dwellings situated on it and any other expenses related to other assets except the agricultural land (current maintenance expenditure on buildings, buildings insurance, depreciation of buildings, rents paid for the professional use of non-residential buildings etc.) are excluded from the price of agricultural land? Yes Yes
The value of any monetary compensation received by farmers for the sales/acquisition of the Utilized Agricultural Area is excluded from the collected selling/purchase price of agricultural land? Yes Not applicable. 
The value of any inheritances transfers related to the sold/purchased land is excluded from the collected selling/purchase price of agricultural land? Yes Not applicable. 
If you have replied NO to any of the above questions explain the reason why. 


EU Target Methodology

  Land prices  Land rents 
Does the data collection observe the land categories as specified in the EU Target Methodology?  Yes Yes
If not, please describe the differences. 


Other UAA categories

  Land prices  Land rents 
Does the price information provided to Eurostat include information on other UAA categories?  No No
If yes, specify which categories. 
3.5. Statistical unit
  Land prices  Land rents 
Reporting unit 

At the basis of the calculation of the price of land are the transactions in the property register of the Land Registry, supplemented with information about the agricultural sector.

The rent prices are calculated on the basis of FADN in the Netherlands. 

Observation unit 

The observation unit for land price statistics is the price of a hectare of agricultural land sold/purchased for agricultural use.

The observation unit represents the price of renting one hectare of agricultural land in the reference period.

3.6. Statistical population
  Land prices  Land rents 
Does any kind of physical, economical or other threshold apply for data collection on land prices and rents? 

For the determination of the agricultural land prices the traded parcels are selected on the following characteristics (between brackets the source):

  • Buyer has a farm (Dutch-FSS).
  • Grassland or arable land (Basic Registration of Parcels - BRP).
  • Transaction form: deed of purchase-sale (Cadastral transaction).
  • Type of ownership: full ownership (Cadastral transaction).
  • No buildings (BAG).
  • No regular lease or leasehold (BRP and Cadastral transaction).
  • No family relationship (Cadastral transaction).
  • Area parcel larger than 0.25 hectares (Cadastral transaction).
  • The purchase price is greater than 1 euro (Cadastral transaction).
  • All farms excluding horticultural farms (NSO main types 2 and 3).
  • Selection per agricultural tenancy type with surface area of at least 1 hectare.
  • Selection of agricultural tenancy type if the tenancy rate is at least 50 euros per hectare.
3.7. Reference area
  Land prices  Land rents 
Reference area

NUTS 0 (The Netherlands)

NUTS 1 (4 regions)

NUTS 2 (12 provinces)

NUTS 0 (The Netherlands)

NUTS 1 (4 regions)

NUTS 2 (12 provinces)

3.8. Coverage - Time
  Land prices Land rents
Time coverage 

2011-2016

2011-2016

When was the first survey/data collection on land prices and rents in line with common Target Methodology organised? 

2011

2011

3.9. Base period

Not available.


4. Unit of measure Top
  Land prices  Land rents 
Is the price provided in national currency?  Yes Yes
Is the data on area provided in hectares?  Yes Yes


5. Reference Period Top
  Land prices Land rents
Is the reference period used for rental price the calendar year?  Not applicable.  Yes
If not, specify the reference period used Not applicable. 


6. Institutional Mandate Top
6.1. Institutional Mandate - legal acts and other agreements
  Land prices Land rents
Legal acts and other agreements 

The data sources used have a legal base, therefore continuity is (in principle) guaranteed. The main data sources are:

  • The Registry, a database from the Land Registry Office, that contains all land transactions in the Netherlands.
  • The agricultural census, which is part of a combined data collection for subsidies (single payment scheme), enforcement of the manure law, and agricultural statistics. The combined data collection is compulsory and has a legal base.
  • The Basic Parcel Registration, part of the monitoring tools for the CAP.

The basic system is the FADN, which has a legal base.

The other sources are:

  • The agricultural census, which is part of a combined data collection for subsidies (single payment scheme), enforcement of the manure law, and agricultural statistics. The combined data collection is compulsory and has a legal base.
  • The Basic Parcel Registration, part of the monitoring tools for the CAP. 
6.2. Institutional Mandate - data sharing

Not available.


7. Confidentiality Top
7.1. Confidentiality - policy

Not available.

7.2. Confidentiality - data treatment
  Land prices Land rents
Confidentiality - data treatment 

Round off to 100.

Round off to 10


8. Release policy Top
8.1. Release calendar

Not available.

8.2. Release calendar access

Not available.

8.3. Release policy - user access

Not available.


9. Frequency of dissemination Top

Not available.


10. Accessibility and clarity Top
10.1. Dissemination format - News release

Not available.

10.2. Dissemination format - Publications

Not available.

10.3. Dissemination format - online database

Not available.

10.4. Dissemination format - microdata access

Not available.

10.5. Dissemination format - other

Not available.

10.6. Documentation on methodology

Not available.

10.7. Quality management - documentation

Not available.


11. Quality management Top
11.1. Quality assurance

Not available.

11.2. Quality management - assessment

Not available.


12. Relevance Top
12.1. Relevance - User Needs
  Land prices Land rents
Are the data on land prices and rents collected for national purposes (by NSI or any other national administration) in your country? 

Yes.

The Netherlands’ Cadastre, Land Registry and Mapping Agency – in short Kadaster – and Wageningen Economic Research (part of Wageningen University & Research) work together to provide this information.

Yes.

Wageningen Economic Research (part of Wageningen University & Research) collect and provide this information.

Are there any differences between the current EU Target Methodology and the national methodology?  Yes Yes
If yes, please describe the differences. 

In EU-methodology the price of arable land and permanent grassland is a weighted average using total area of arable land and total area of grassland as weights on the different geographical levels (national, NUTS 1 and NUTS 2). Those data are provided by the Farm Structure Survey (FSS).

In the national methodology there is no correction based on the total area of arable land and total area of grassland.

Rental prices at the national level has been included on the Agro & food portal (agrimatie.nl) of Wageningen Economic Research. The most important differences between this figures and those based on the EU-methodology are:

(1)

EU-method: besides the sample for the FADN, data has been gained for a number of additional farms, to get sufficient observations at the regional level (NUTS 2).

The 'national' method is based on the FADN-farms.

(2)

EU-method: The average rent prices per province per year are based on the average tenancy rate for tenancies with price control (regular land lease) and tenancies without price control (other than regular, a.o liberalized land lease) according to the FADN, and weighted in line with the land area of these two types of tenancy according to the Agricultural Census. The aggregation to the country level is a weighted average using the area of the two types of tenancy in each province as weights.

In the national methodology (only figures at the national level) the rent price is calculated using the weighting factor for each FADN-farm.

12.2. Relevance - User Satisfaction

Not available.

12.3. Completeness

Not available.


13. Accuracy Top
13.1. Accuracy - overall

Not available.

13.2. Sampling error

Not available.

13.3. Non-sampling error

Not available.


14. Timeliness and punctuality Top
14.1. Timeliness
  Land prices Land rents
Timeliness 

Three months

Twelve months (provisional figures)

When were data first released to the public? 

Not yet in this format.

Not yet in this format.

14.2. Punctuality

Not available.


15. Coherence and comparability Top
15.1. Comparability - geographical
  Land prices Land rents
Comparability - geographical (regional) 

It is possible that the number of observations in some provinces is not that big. This can lead to (considerable) price fluctuations.

It is possible that the number of observations in some provinces is not that big. This can lead to (considerable) price fluctuations.

15.2. Comparability - over time
  Land prices Land rents
Comparability - over time 

It is possible that the number of observations in some provinces is not that big. This can lead to (considerable) price fluctuations.

It is possible that the number of observations in some provinces is not that big. This can lead to (considerable) price fluctuations.

15.3. Coherence - cross domain

Not available.

15.4. Coherence - internal

Not available.


16. Cost and Burden Top

Not available.


17. Data revision Top
17.1. Data revision - policy

Not available.

17.2. Data revision - practice

Not available.


18. Statistical processing Top
18.1. Source data
  Land prices Land rents
Source data 

The information is obtained from the Database Land Transactions. This database contains the transactions of parcels in the rural area, enriched with agricultural and other relevant information. The database combines information from various administrative and geographical sources: Cadastral transaction information (transactions in the property register of the Land Registry), the Cadastral map, Topographic map with scale 1:10.000 (TOP10NL), Basic Registration of Parcels (BRP), Basic Registration of Addresses and Buildings (BAG), Dutch Farm Structure Survey (DFSS).

The data needed to calculate the rent prices originate from Dutch Farm Accountancy Data Network (FADN). Dutch FADN is a sample of about 1.500 farms taken from the Annual Agricultural Census (CBS). The FADN lists the prices of all agricultural tenancy types

18.2. Frequency of data collection
  Land prices Land rents
Are the data collected on the regular, annual, basis?  No Yes
If yes, since when? If not, what is the frequency of data collection? 

Data collected on monthly basis.

Not available.

18.3. Data collection
  Land prices Land rents
Primary data collection method 

Land prices are collected from the administrative and geographical data sources.

Rent prices are collected from the FADN.

18.4. Data validation
  Land prices Land rents
Data validation 

(1) Selection criteria:

For the determination of the agricultural land prices the traded parcels are selected on the following characteristics (between brackets the source):

  • Buyer has a farm (Dutch-FSS).
  • Grassland or arable land (Basic Registration of Parcels - BRP).
  • Transaction form: deed of purchase-sale (Cadastral transaction).
  • Type of ownership: full ownership (Cadastral transaction).
  • No buildings (BAG).
  • No regular lease or leasehold (BRP and Cadastral transaction).
  • No family relationship (Cadastral transaction).
  • Area parcel larger than 0.25 hectares (Cadastral transaction).
  • The purchase price is greater than 1 euro (Cadastral transaction).

 

(2) Excluding extreme prices

Traded plots with extremely high and low prices are ruled out. Extreme is defined as a price above or below 1.5 times the price difference between the price of the first and third quartile. The extremes are determined on a monthly basis. The calculated land prices are based on this selection.

The following selection criteria have been used to determine land rents:

  • All farms excluding horticultural farms (NSO main types 2 and 3).
  • Selection per agricultural tenancy type with surface area of at least 1 hectare.
  • Selection of agricultural tenancy type if the tenancy rate is at least 50 euros per hectare.
18.5. Data compilation
  Land prices Land rents
Data compilation process 

The requested information is selected from the land transaction database, which is created by combining the following data sources:

- Cadastral transaction information (transactions in the property register of the Land Registry).

- Cadastral map.

- Topographic map with scale 1:10.000 (TOP10NL).

- Basic Registration of Parcels (BRP).

- Basic Registration of Addresses and Buildings (BAG).

- Dutch Farm Structure Survey (DFSS).

The requested information is selected from the FADN.

Information from the Dutch Farm Structure Survey (DFSS) is used as weighing factor.

Is the aggregation at country level carried out in accordance with the EU Target Methodology?  Yes Yes
How the aggregation at country level is carried out? 

The aggregation of land prices of Dutch provinces to the level of the Netherlands as a whole was made by calculating a weighted average land price using total arable land and total permanent grassland in each province as weights. Those data are provided by the Farm Structure Survey (FSS).

The average rent prices per province per year are based on the average tenancy rate for tenancies with price control and tenancies without price control according to the FADN, and weighted in line with the land area of these two types of tenancy according to the Agricultural Census.

18.6. Adjustment
  Land prices Land rents
Adjustment

Not applied.

Not applied.


19. Comment Top

No.


Related metadata Top


Annexes Top