What is a serviced plot?
Potton work with the landowner to complete the design and construction of the infrastructure works to provide for fully serviced plot. This includes for all roads, sewers and service connections to a suitable point within each individual plot for connection by the plot purchaser as part of their self-build process. It will also include for any landscape works to common areas.
How is the infrastructure paid for?
Landowners choose to finance the enabling works however suits them. However, we are happy to administer the Governments Home Building Fund loan, which has been introduces to support the delivery of housing projects for 5 or more dwellings.
So what is the value of my site?
In simple terms, the value of the land is established from the sales value of the serviced plots less the cost of obtaining the planning permission and providing the infrastructure. In truth, cost and values will vary, depending upon location and the features of the land itself.
Is my site suitable?
As a guide, the smallest plots suited to development are around 250–300m2
and are typically suited to starter homes with high density. In theory, as long as the site can be accessed it may hold potential. Potton tend to build homes with a 500m2
plot size, achieving up to 7 units per acre.
Values vary tremendously depending on location but Potton can offer advice within a couple of weeks of contact – find out more here.