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Wycombe District Council
Viability Assessment
Final Report
February 2015
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Executive Summary 4
1. Introduction 6
2. What the Appendices show 8
3. The Council’s Current Policy Position 10
4. Methodology 11
Housing Numbers 11
Appraisal Modelling 12
Viability and Viability Thresholds 13
Premiums and Buffers in relation to existing use values 16
Profit 17
Density and Housing Mixes 17
Build Costs 18
Summary of Valuation Inputs 19
Affordable Housing 19
Sales Values 20
Community Infrastructure Levy (CIL) and s106 costs 22
Methodology relating to Strategic Sites 22
Sensitivity Testing 22
Methodology relating to Rural Exceptions Sites 24
5. Findings 25
6. Conclusions 32
7. Recommendations 35
Figures
1. Comparison of windfall sales values with High
Wycombe strategic sites’ values. 21
2. Table of rural exceptions sites results. 31
Appendices
1: Assumed housing mixes at various affordable proportions, assuming
66% rented.
1A: Assumed housing mixes at various affordable proportions, assuming
50% rented.
2: Assumptions made about the strategic sites, taken from the
Development Capacity Study 22
nd
October 2013.
3: Strategic sites housing mixes assuming 66% rented.
3A: Strategic sites housing mixes assuming 50% rented.
4: Tables of sales research. Second hand examples.
5: Tables of sales research. Newbuild examples.
6: Value points tables.
7: Land values and surpluses over existing use value for the strategic
sites.
7A: These tables extract figures from the appraisals for the strategic sites,
showing the different appraisal inputs, resulting in the surpluses over
existing use value, as shown.
7B1: Lower level of sales values applicable to the strategic sites.
7B2: Higher level of sales values applicable to the High Wycombe sites.
7C: Tables showing the different land values arising for the High Wycombe
sites, relative to the lower and higher sales value assumptions.
8 and 8A: Tables showing the land value outcomes for the notional sites
and comparing these outcomes to the assumed existing use value
thresholds, to assess viability.
9: The questionnaire that was sent out to house builders at the beginning
of the study.
10: The table of BCIS build costs for the Wycombe area, as at November
2013.
11: The cumulative impact of sensitivity testing, to increase build costs,
alongside increased CIL levels, with affordable housing assumed at both
30% and 40%.
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Viability Assessment – Final Report
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1. This viability assessment provides support to the Council in developing and
bringing to adoption a new Local Plan. It considers the viability of a
number of development scenarios, using both notional and proposed
strategic sites.
2. We have considered the 2011 viability report into Community
Infrastructure Levy (CIL) when forming the assumptions for this study.
3. We have undertaken our own sales research, from which we believe that
three geographical locations can be justified. These would be:
a. High Wycombe/Stokenchurch
b. Princes Risborough/Bourne End
c. Marlow and remaining areas
4. With regard to the strategic sites, we undertook a series of valuations that
excluded wider infrastructure items. The reason for this was to provide the
Council with an idea of the “pot” of money that might be available for
infrastructure, deducting the existing use value from the land value of the
proposed development. We have expressed the resulting surpluses as both
absolute sums and also as sums per hectare of the land area. It will be
seen from section 5.3 that these surpluses range from approximately
£363,000 per hectare to £1,400,000 per hectare (£147,000 to £567,000
per acre), depending upon location.
5. Whilst the strategic sites all show positive surpluses, we highlight in the
report the fact that the existing use values are based upon assumptions of
the site areas, from which a landowner would expect to see a return. A
range of site and development areas was provided by the Council and we
applied an existing use value to the area, as agreed with the Council.
6. In order to develop further conclusions as to the viability of the strategic
sites, we would need to understand more about the costs of providing
necessary infrastructure, over and above the allowances that we have
made. We have, however, included allowances for CIL, s106 costs and
road infrastructure to service the sites.
7. The notional sites include allowances for CIL and S106 costs, but do not
include any allowances for further roads and services infrastructure. To
this extent, they are assumed to be serviced sites.
8. The following paragraphs summarise the outcomes to the report.
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9. With regard to the notional sites, we are looking for viability in locations
such as High Wycombe and Stokenchurch, when assessed against existing
employment and Greenfield uses; we believe that these uses will provide
most of the future housing supply.
10. The outcome of the study would appear to show that these locations are
viable at the Council’s current levels of both CIL and affordable housing
requirements. This is illustrated at Appendix 8A, with 30% and 40%
affordable housing, affordable rent at 65% market rent and shared
ownership with a 30% sale. The rented element is 66% of the affordable
housing. At value point 2 and 30% affordable, we see good viability
against all Greenfield and employment uses. At 40% affordable, we see a
similar outcome, although viability against the higher employment
threshold is more marginal.
11. It is evident, however, that there are viability difficulties when assessed
against residential uses, in most scenarios, particularly in lower value
locations. This need not necessarily be a problem, if the Council is not
relying upon existing residential land for future housing supply.
12. We have concluded, therefore, that the Council can retain its current
policy levels of affordable housing.
13. The sensitivity analysis at Appendix 11 shows that viability would not be
significantly affected if build costs were 10% higher than those assumed
as base figures for the report. There would, however, be an adverse
impact in lower value locations if CIL were to be increased beyond its
current level of £125 per square metre.
14. We do believe, however, that the higher value locations could bear both a
10% increase in base build costs and a 10% increase in CIL to £165 per
square metre.
15. With regard to rural exceptions sites, we conclude that viability occurs in
the context of affordable rent and of social rent, particularly if the land
values expressed by the Council’s Rural Enabler and rural specialist
Registered Provider are able to keep to a maximum of £10,000 per plot.
We conclude, however, that the availability of grant cannot be assumed, in
which case social rent would need to be supported by an element of
shared ownership tenure to remain viable.
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1.1 Adams Integra have been asked by Wycombe District Council to produce a
Viability Assessment, to support the Council in developing and bringing to
adoption a new Local Plan.
1.2 Wycombe District Council is in the process of producing a new Local Plan
that will cover the period to 2031. Once adopted the new Local Plan will
replace the current Core Strategy (adopted July 2008) and all remaining
saved policies of the Local Plan (2004) and will sit along the Delivery and
Site Allocations Plan for Town Centres and Managing Development
(Adopted July 2013).
1.3 The Council produced a brief for the assessment, dated October 2013, the
objective of which was to assist the Council in satisfying the viability and
deliverability tests as set out in the National Planning Policy Framework,
particularly that the Council’s policy and infrastructure requirements will
remain financially viable over the plan period. Specifically, the study
should:
Undertake research of current and projected new housing values and
build costs in Wycombe district.
Test a range of different affordable housing targets and site size
thresholds across the district and in relation to specific sites using
appropriate modelling techniques. This is to include:
o To assess the effects on a range of potential affordable housing
requirements of other national and local policy requirements such
as open space standards, building standards and CIL.
o To assess the viability of applying affordable housing requirements
on a range of site and development sizes and different previous
land uses.
Assess the viability of a number of potential strategic sites, taking
account of affordable housing requirements, indicative infrastructure
requirements, CIL and other relevant policy requirements/standards.
To assess whether a change to the current CIL levels may be
necessary across the district or on specific sites.
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1.4 In producing this report we have, therefore, had regard to National
Planning Policy Guidance and paragraph 173 of the National Planning
Policy Framework. More practical guidance comes from the RICS (Financial
Viability in Planning August 2012) and the Local Housing Delivery Group,
whose report “Viability Testing Local Plans” was published in June 2012.
We have noted the key principles that are set out in these reports and
which are relevant to a study such as this.
1.5 We have also had regard to an earlier study, carried out for the Council,
and titled Community Infrastructure Levy Viability Assessment and dated
November 2011. The methodologies for the two reports are similar and it
is, therefore, relevant to consider the inputs and conclusions that might be
relevant. These might include valuation inputs such as build costs and
sales values, although these have also been the subject of our own
independent, current research.
1.6 It is in the nature of studies such as this that time will pass between the
preparation of the report and any adoption of recommendations. It is
necessary, therefore, to “future-proof” the report to allow the viability
impact of different market conditions to be assessed. We have approached
this in the following ways:
Sales values are based upon a value points table, whereby different values
can be assumed for a specific house type, depending upon location. In this
way, we can also see the impact of rises and falls in values, depending on
where the values sit in the table.
It is possible that increased sales values will also imply increased build
costs. We have, therefore, carried out sensitivity work on the notional
sites by increasing build costs by 10%.
With regard to the strategic sites, we have also considered a rise of 5% in
the sales values of the High Wycombe sites.
1.7 The structure of the report is arranged as follows:
We begin by explaining briefly the nature of the various appendices that
are attached. We then go on to set out the methodology and assumptions
that have been adopted. Under this section we discuss the valuation
method that is used, together with the assumptions made in respect of the
different valuation inputs, such as sales values and profit. We also discuss
the concept of viability and the different ways in which it needs to be
considered in different circumstances, for example between agricultural,
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commercial and residential existing uses. From this, we propose viability
thresholds, being land values per hectare, that are used to assess the
viability of the specific valuation scenarios.
As part of the brief, the Council also asked us to consider the viability
position of rural exceptions sites. The methodology of these is explained,
together with outcomes and conclusions.
Following on from the methodology and assumptions, we discuss our
findings in relation to both the notional and strategic sites, together with
the rural exceptions scenarios. We do this by specific reference to the
attached appendices.
From the findings, we then draw our conclusions and final
recommendations.
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By way of an introduction to the attached appendices we should point out that, in
connection with the notional sites, the study is based upon the outcome of a
series of valuations, each of which reflects a particular scenario, such as unit
numbers, mixes and proportions of affordable housing. These scenarios were
agreed with the Council at the outset. The appendices build up, therefore, to
valuation outcomes, from which we can make assessments of viability.
The appendices are attached to this report, for the purpose of illustrating the
main points of the text. We describe these briefly as follows:
1: Assumed housing mixes at various affordable proportions, assuming 66%
rented.
1A: Assumed housing mixes at various affordable proportions, assuming 50%
rented.
2: Assumptions made about the strategic sites, taken from the Development
Capacity Study 22
nd
October 2013.
3: Strategic sites housing mixes assuming 66% rented.
3A: Strategic sites housing mixes assuming 50% rented.
4: Tables of sales research. These are second hand examples.
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5: Tables of sales research. These are new build examples.
6: These are the value points tables. They show not only the values for market
housing, but also the values assumed for the affordable housing. Affordable rents
are shown at different percentages of market rent, while shared ownership is
shown with different sales proportions. The relevant geographical locations are
shown at the top of the columns for value points 2, 3 and 4.
7: These tables show the land values and surpluses over existing use value for
the strategic sites. Different proportions of affordable housing are assumed, along
with different affordable housing tenure mixes. There are different sets of tables
for 66% rented and 50% rented scenarios.
7A: These tables extract figures from the appraisals for the strategic sites,
showing the different appraisal inputs, resulting in the surpluses over existing use
value, as shown. We are assuming 40% affordable housing, of which 66% is
rented. This appendix also includes the figures for the Princes Risborough growth
area. From the text of the report, it will be seen that we have also tested
marginal increases to the sales values of the High Wycombe sites and the impact
of this is also shown.
7B1: Lower level of sales values applicable to the strategic sites.
7B2: Higher level of sales values applicable to the High Wycombe sites.
7C: Tables showing the different land values arising for the High Wycombe sites,
relative to the lower and higher sales value assumptions.
8 and 8A: Tables showing the land value outcomes for the notional sites and
comparing these outcomes to the assumed existing use value thresholds, to
assess viability.
9: This is the questionnaire that was sent out to house builders at the beginning
of the study, to develop an evidence base of valuation inputs.
10: This is the table of BCIS build costs for the Wycombe area, as at November
2013.
11: These tables show the cumulative impact of sensitivity testing, to increase
build costs, alongside increased CIL levels, with affordable housing assumed at
both 30% and 40%.
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3.1. The Council’s affordable housing policy is contained in policy CS13 of the
Core Strategy adopted in 2008. It currently seeks 30% affordable
accommodation, by bed spaces, on sites of 15 units or more in High
Wycombe, Marlow and Princes Risborough. Elsewhere the threshold is 5
units. On Greenfield sites and sites used previously for business uses the
proportion rises to 40%.
3.2 Further policy guidance is provided in the Council’s Planning Obligations
Supplementary Planning Document dated April 2013. We set out below
extracts from this document that relate to the provision of affordable
housing.
Which developments should provide affordable housing?
In High Wycombe Urban Area, Marlow and Princes Risborough – sites of
15 dwellings or more or a minimum of 0.5ha.
In Remainder of District – sites of 5 dwellings or more or a minimum of
0.16ha.
How Much Affordable Housing will be sought?
On Greenfield sites and land last used for business (i.e. “B” use classes) or
a similar sui generis employment-generating use, at least 40% of the total
bed spaces.
On other sites, at least 30% of the total bed spaces.
What tenure mix is being sought?
Two-thirds (66%) of affordable housing provided should be Affordable
Rent or Social Rent, or a combination of the two.
One third (34%) of affordable housing provided should be for certain
intermediate affordable housing products – mainly shared ownership or
shared equity.
What dwelling size mix is being sought?
For Social and/or Affordable Rented accommodation, around 50% one and
two bed properties, 50% three and four bed (or more) properties.
For shared ownership/shared equity the vast majority should be for 1 and
2 bed properties.
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4.1 In this section we discuss the means by which we have sought to respond
to the Council’s brief in testing viability across a range of residential
scenarios.
4.2 The first fundamental point to make is that part of the study consists of
the testing of notional sites. As explained earlier, these are not actual
sites, but are developed by parameters that have been agreed with the
Council. The implication of this is that we are creating a series of unit
numbers and densities that reflect those that might be experienced across
the Wycombe District area.
4.3 The advantage of notional sites is that they can be created to represent a
full spread of scenarios, in such a way that maximises the chances of the
outcomes reflecting most situations on the ground. To rely solely on actual
sites would risk the study being based upon a narrow range of scenarios
that might not be applicable in every instance.
4.4 One of the considerations in assuming notional sites is to ensure that the
valuation inputs reflect the experience of developers on the ground in the
area. We have sought to address this situation by seeking information
from local developers for the inputs into the study, as discussed further
below.
4.5 We go on to discuss the methodology in relation to the notional sites,
before going on to the strategic sites.
4.6 Housing Numbers
4.6.1 It was agreed that we would test sites of 1, 4, 10, 25, 50, 100 and 400
units for viability with on-site affordable housing, covering densities of 30
and 50 dwellings per hectare. These numbers are designed to reflect the
range of developments that might arise across the plan area, although
they do not apply to more strategic sites, where an element of off-site and
on-site infrastructure might be required. The modelling undertaken
assumes that the target for affordable housing is expressed in bed spaces,
hence 40% bed spaces would be the Council’s policy requirement. In
actual fact because affordable homes are normally smaller than market
homes the % in unit numbers may differ from the 40% bed space target
to actual units. Another suggestion was to use floor areas of 40% to
represent the target. This example may significantly increase the % in
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numerical dwelling terms. Whilst normally Adams Integra – for simplicity
– recommend unit numbers as the target we are content that, in the
locality, there is an understanding of the calculation of bed spaces and
thus no change is recommended from existing policy, custom and practice.
4.7 Appraisal Modelling
4.7.1 In order to assess the viability of the different sites, we use a bespoke
valuation toolkit that carries out a residual land valuation, the result of
which is then compared to either existing or alternative land values. The
residual appraisal is, essentially, a calculation of land value that deducts
all anticipated costs of a project from the expected revenues to leave a
“residue” that will be available for the land purchase. It needs to be
remembered that this residue is created once the costs of acquiring and
financing the land have been deducted, so it is the net land figure that is
of interest, when comparing to other potential uses for viability purposes.
This is discussed further below.
4.7.2 The residual land valuation relies upon a series of inputs. These inputs
would set out:
The number, mix and floor area of the units to be built.
The values attributable to these units, leading to a total sales
revenue.
The build costs of the units, leading to a total build cost.
The professional fees and pre-start site investigations that would
be required.
The finance costs.
The required profit.
4.7.3 These inputs should relate to the same moment in time, since many of the
values will vary with market conditions.
4.7.4 With regard to methodology around the appraisal inputs, we would make
the following comments:
In order to ascertain the current appropriate levels of the various
valuation inputs, we approached developers who build either in or
close to the plan area. We also conducted telephone discussions
with local agents, particularly in connection with the values of
alternative land uses.
The developer response was limited, but we believe that our
experience of these studies, together with published data and the
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evidence from the previous viability report, has allowed us to
derive robust inputs for the local area.
4.7.5 The following headings set out the background to both assessing viability
and creating the valuation inputs that result in the land values for each
scenario.
4.8 Viability and Viability Thresholds
4.8.1 Viability is at the heart of a study such as this and it is, therefore,
important that we define what we mean by the term.
4.8.2 In essence, viability is the measure by which a project will be judged to be
worth pursuing. The way in which viability is measured will depend upon
individual circumstances, which will vary between, for example, a
landowner and a developer that might be interested in purchasing the
land.
4.8.3 From the developer’s point of view, the main measure of viability will be
the profit generated by the project, assuming a specific land value.
Sufficient profit is required in order to provide an incentive to proceed with
a project, while also being necessary to attract funding. The attitude of
lenders will relate to risk and the required profit level will rise and fall with
the assessment of that risk.
4.8.4 The landowner, on the other hand, has other considerations when deciding
to bring his land forward for housing, the main ones being an existing use
value or the value of an alternative use that might receive planning
permission. The levels of any alternative value will vary, depending upon
both locational factors and the specific alternative use that might be
feasible.
4.8.5 For the purpose of studies such as this, we are basing our assessment of
viability on the land values that arise from the valuations of the different
development scenarios. Each scenario will produce a different land value,
based upon factors such as density, sales values and build costs. If we
express the land values, produced by the valuations, in terms of sums per
hectare, then we can compare these to the existing or alternative uses
that could apply to the site.
4.8.6 In this connection, we use the term “viability threshold” to describe the
value that needs to be exceeded before a scenario can be called viable.
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4.8.7 In order to make viability comparisons with different land uses, we need to
establish values for the viability thresholds. For the current study, the brief
asked that three alternative uses be considered, being Greenfield,
residential intensification and employment land.
4.8.8 An existing Greenfield use would apply particularly to the strategic sites
that we have considered.
4.8.9 The owner of agricultural land will look for a significant uplift on current
value before the land is released for development, in the knowledge of
potential land values arising from a residential planning permission.
Furthermore, in the light of the fact that Greenfield sites will require more
infrastructure to serve them and will potentially have less certain planning
outcomes, it is not uncommon for the land purchase agreement to be in
the form of an option, where the land price is not stipulated at the outset.
Instead, the price to be paid might be left for agreement once a planning
permission is obtained. These option agreements will usually set a
minimum land value to be paid by the developer, such that the landowner
is not obliged to proceed with a sale below this level. It is usually the case,
however, that this minimum value is arrived at through negotiation, as
opposed to anything more scientific. It is therefore difficult to say that any
particular value is right or wrong in all circumstances.
4.8.10 We do have experience of negotiating these option agreements. In the
light of this, we would propose a viability threshold for existing agricultural
uses at £350,000 per hectare (£142,000 per acre). Bearing in mind the
fact that these viability thresholds reflect the point at which a landowner
could be expected to part with his land for development, we believe that
this is a realistic way to reflect the threshold.
4.8.11 We note that the CIL report of 2011 applied a range of existing use values
for Greenfield sites, from £200,000 per hectare (£81,000 per acre). We
have not applied a range, since we do not believe that agricultural values
will vary significantly across the District. We have, however, increased the
base level, since it is our own experience that the agricultural thresholds
for studies such as this are at a higher level, generally between £300,000
and £450,000 per hectare (£121,000 to £182,000 per acre). We believe
that it is also necessary to bear in mind the recent rises in the value of
agricultural land.
4.8.12 We should point out that these existing use values for agricultural land
represent the hope of future development value and are not open market
values for agricultural land with no “hope” value. These higher values
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typically apply, therefore, in circumstances where a developer is
negotiating the purchase of agricultural land for development.
4.8.13 With regard to residential existing use values, it should be noted that site-
specific issues will have a significant bearing upon the viability outcome.
For example, if only part of a residential property is being developed, then
the extent of any fall in the value of the remainder will depend upon a
number of factors. These will include the value and condition of the
existing property, whether the new development enjoys a separate access
and the physical impact of the new development upon the existing.
4.8.14 On the other hand, if the entire property is being redeveloped, then the
viability of the proposal will be dictated by the value of the existing in
relation to the value of the completed development. If the existing house
is in a good condition in a high value location, then viability is likely to be
difficult. If the existing property is either in a poor condition in a good
location, occupies only a small part of the site, or both, then the value of
the new development in relation to the existing will be higher and viability
will be improved. In most instances, we believe that viability will be better
where only a part of a residential property is taken for development.
4.8.15 Whilst published data in relation to residential land values has been
available from such organisations as the Valuation Office agency, this data
focuses on very few centres, such that it is difficult to conclude on values
elsewhere. As above, we need to take into account both our own
experience of such values, together with values in the 2011 CIL report. We
note that a residential land value was expressed as a range between
£1,500,000 and £2,000,000 per hectare (£607,000 to £810,000 per acre),
presumably reflecting the different scenarios that we have described
above.
4.8.16 From our own experience, and taking into account the current residential
sales market, we believe that these figures could be low. For the purpose
of this study, we have, therefore, increased these thresholds to
£2,000,000 and £4,000,000 per hectare (£810,000 and £1,620,000 per
acre) respectively.
4.8.17 With regard to employment uses, the 2011 report proposed a range from
£750,000 per hectare to £1,500,000 per hectare (£304,000 to £607,000
per acre). We have carried out our own research and have had discussions
with three prominent local commercial agents. The agents commented
that employment values would be higher along the M40 corridor and lower
elsewhere. This implies that we would be assessing viability of lower value
locations, such as High Wycombe and Stokenchurch, and the higher value
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location of Marlow, against the higher employment existing use values.
This would have the effect of reducing overall viability. Conversely, the
viability of higher value locations elsewhere in the District would be
improved, as they would be assessed against a lower employment existing
use value. We have applied, therefore, two levels of employment land
threshold to reflect these locations. In addition, we have considered
viability against a third employment threshold, that assumes a scenario in
which a level of abnormal on-site costs are experienced. The three
thresholds are set out below.
4.9 Premiums and buffers in relation to existing use values
4.9.1 In order to comply with the spirit of viability guidance provided by NPPF,
we are not applying costs and requirements that will test viability to its
limits. We need to assume that, in spite of the allowances assumed for the
study, there will be specific instances where issues such as abnormal costs
will impact further on viability.
4.9.2 For this reason, we apply premiums to the existing use values, as
appropriate, to allow for such abnormals and still allow development to
proceed. For this study, we will apply premiums of around 25% to the
employment threshold values. We do not believe it necessary to apply any
further premium to the agricultural values, since our adopted level is
already significantly larger than the existing use value. Likewise, we are
assuming that our residential thresholds would already include an element
of premium at these levels.
4.9.3 By way of summary, the thresholds that we will use to assess viability in
this report will be:
Agricultural existing use
£350,000 per hectare
£142,000 per acre
Commercial/employment existing use:
Reflecting a level of abnormal costs:
£1,700,000 per hectare
£688,000 per acre
With no abnormal costs:
High Wycombe/Stokenchurch/Marlow
£1,400,000 per hectare
£567,000 per acre
Remaining areas
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£950,000 per hectare
£385,000 per acre
Residential existing use £2,000,000 per hectare, £810,000 per acre
To £4,000,000 per hectare, £1,620,000 per acre
4.9.4 Later in the report, in the Findings section, we discuss the valuation
outcomes against these viability thresholds.
4.9.5 We should point out that these viability thresholds are not site valuations
in the individual uses. A particular site would need to be valued on its own
merits, using site-specific costs and values. The viability thresholds
indicate the land values per hectare that, we believe, would need to be
achieved in order to persuade landowners/developers to release land for
development.
4.10 Profit
4.10.1 Profit is vitally important to a project, as a means of assessing its viability.
Profit requirements will vary according to market conditions and current
conditions are leading to higher profit expectations, particularly from
lenders. Since profit is, perhaps, most associated with anticipated sales
risks, it is common to express it as a percentage of the anticipated sales
revenue.
4.10.2 On the other hand, sales risk is greater from the market housing than
from the affordable housing. We adopt, therefore, different profit levels for
each sector.
4.10.3 We are expressing profit on both market housing, with a greater sales
risk, and on affordable housing, with a smaller sales risk.
4.10.4 We are aware of the common levels of profit that might be adopted in the
industry and, based on these, we have adopted 20% of sales revenue for
the market housing and 6% of revenue for the affordable housing.
4.11 Densities and Housing Mixes
4.11.1 It was agreed with the Council that we would test the notional sites at
densities of 30 and 50 dwellings per hectare, in order to provide a range of
sites that might come forward in the future.
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4.11.2 In formulating the mixes, our methodology has been to set targets for
floor area per developable hectare and then apply an appropriate mix that
sits within this floor area.
4.11.3 At Appendices 1 and 1A we are attaching tables that show the adopted
mixes for the study at various densities, together with the assumed floor
areas for the different house types.
4.11.4 In drawing up these mixes, we needed to adopt a standard that would
allow us to say that a particular mix is appropriate for the scenario in
question. Since we are using land values per hectare as our viability
criteria, we are applying the unit numbers to sites of specific sizes,
dictated by the different densities. Each density scenario will imply,
therefore, a different mix of units, as shown in Appendix 1. We adopt a
standard that relates to the floor area that can reasonably be
accommodated on a site for a speculative housing development. Through
past experience and discussions with developers, we believe that it is
reasonable to base our housing mixes on an accommodation level of
between 3,500 and 4,500 square metres per hectare, depending upon the
density and the resulting likely form of development. The resultant
accommodation levels per hectare can be seen in the right hand columns
of Appendix 1.
4.11.5 For this study, we have needed to bear in mind the fact that the Council
expresses its affordable housing requirements as a proportion of bed
spaces, not numbers of affordable units. This has been taken into account
in formulating the mixes to comply with such policy requirements and can
result in the overall floor area per hectare differing from the above figures.
4.12 Build Costs
4.12.1 Build costs are assumed to reflect code 3 of the Code for Sustainable
Homes, as agreed with the Council. Whilst we asked developers about
their experience of build costs locally, the response was very limited. We
have, therefore, adopted costs based on other sources, such as the BCIS
index, which was also used for the 2011 CIL report.
4.12.2 As a result, we have adopted base build costs of £1,020 per square metre
for houses and £1,243 per square metre for flats. In addition, we have
assumed a cost for sustainability issues at £3,500 per unit and have also
allowed the sum of £3,000 per unit for abnormal costs that might be
considered inevitable. For example, in Wycombe District, we are assuming
that a significant number of developments will take place on sloping sites,
where build costs will be higher.
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4.12.3 When we consider build costs in relation to the strategic sites, we apply
such abnormal costs in specific circumstances, depending upon the nature
and topography of the site.
4.12.4 The BCIS index provides cost information for a range of property types
and locations. We set out, at Appendix 10, the latest build cost figures
from BCIS for different house types in the Wycombe area. As in the 2011
CIL report, we have focussed on the quoted median cost figures. It should
be borne in mind that BCIS figures are quoted net of externals costs. As a
rule of thumb, we add 15% to the costs to cover this item.
4.13 Summary of Valuation Inputs
Densities tested, dwellings per hectare 30 and 50
Build costs houses per sqm £1,020
Build costs flats per sqm £1,243
Percentage build cost for professional fees: 12%
Percentage of sales revenue for sales and marketing costs: 3%
Finance rate: 6.5%
Build cost contingency: 5%
Profit on market housing 20%
Profit on affordable housing 6%
4.14 Affordable Housing
4.14.1 We agreed with the District Council that we would test the various
scenarios at affordable housing bed space proportions of 10%, 20%, 30%
and 40%. The affordable element provides for affordable rent at both 65%
and 80% of market rent, along with social rent and shared ownership
units. The proportion of the shared ownership units that is initially
purchased is tested at 30, 35, 40 and 50%.
4.14.2 The rented element of the affordable housing is assumed to be 66%, by
bed spaces, as set out in the Council’s Planning Obligations SPD of April
2013. We have, however, tested scenarios at both 66% and 50% rented
bed spaces within the affordable housing.
4.14.3 The revenues for the different affordable housing tenures were provided
through contact with registered providers and our own research. This
research was particularly looking at market rents, in connection with the
affordable rented units.
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4.14.4 With regard to the strategic sites, we used the HCA Development Appraisal
Toolkit, March 2013. This calculates affordable housing revenues from
both rents and capital values that we researched, applying appropriate
management costs and yields, from which the values are created.
4.14.5 The resultant assumed revenues for the affordable housing can be seen as
part of the Value Points tables that are included as Appendix 6.
4.15 Sales Values
4.15.1 Our initial sales research was carried out during November 2013. It took
the form of both online research, mainly from Rightmove, and on-the-
ground research of new developments in the locality. Our priority was to
research values for new build developments across the plan area, since it
is these developments that would provide a large proportion of the
Council’s affordable housing stock, whilst also incurring a level of CIL
charge. Where there was a lack of new build evidence, we would consider
second hand properties that had recently been built on speculative
estates, that would correspond as closely as possible to those that form
the basis of our valuations. The prices quoted to us for the individual
properties will be asking prices. Our enquiries in respect of the new build
developments revealed that developers would sell at a figure below the
asking price, especially at the tail-end of a development or if the
purchaser was in a good position to proceed. Our adopted values, for both
the notional and strategic sites, take this reduction into account.
4.15.2 When undertaking studies of this nature, it is common to identify different
geographical locations, where similar levels of value might apply. This is
particularly relevant in the context of the Community Infrastructure Levy
(CIL), which has been set by the Council at two levels. The lower level
applies to High Wycombe and Stokenchurch, while the higher level applies
to other areas.
4.15.3 It will be seen from our value points tables, at Appendix 6, that we have
specified three areas, being Stokenchurch and High Wycombe at value
point 2, Bourne End and Princes Risborough at value point 3, with Marlow
and other areas at value point 4. This results from the research and allows
a finer-grain analysis of viability.
4.15.4 The value points tables at Appendix 6 illustrate what could be considered
as values for “windfall” sites, which could be either brownfield or
greenfield. With regard to High Wycombe, it is relevant to note that a
number of current new build developments are on brownfield sites in
differing locations, whereas the majority of the planned sites are in more
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valuable, Greenfield locations around the town. We have, therefore, taken
this into account in our pricing, with enhanced values for the strategic
sites. This can be illustrated in the table below, where we compare the
values assumed for the High Wycombe strategic sites, with the “windfall”
values in the value points table.
Figure 1:
Comparison of windfall sites sales values with strategic sites sales values
(High Wycombe)
Housetype Value Points Gomm Valley and Terriers
Table Abbey Barn Farm
1 bed flat £165,000 £165,000 £175,000
2 bed flat £200,000 £210,000 £230,000
2 bed house £233,000 £240,000 £270,000
3 bed house £294,000 £305,000 £330,000
4 bed house £390,000 £410,000 £420,000
5 bed house £550,000 £550,000 £565,000
4.15.5 The value points tables are intended to show a range of values for the
different house types across the District. The researched values are those
shown at value points 2-4, as above. We have then applied a form of
sensitivity analysis by setting value point 1 at 5% below value point 2;
value point 5 is set at 10% above value point 4. In this way we can assess
viability in the context of different movements in the sales market.
4.15.6 It will be seen that the value points tables also show the adopted revenues
for the affordable housing.
4.15.7 Sales values attributable to the strategic sites are shown separately at
Appendix 7B.
4.15.8 In light of the reported growth in house prices over recent months, we
have also considered the viability impact of potentially higher values for
the High Wycombe sites, representing the lower end of the value range for
the District. This allows us to apply a sensitivity check, to understand the
extent to which market movements might alter the viability of the High
Wycombe sites.
4.15.9 At Appendix 7B we set out the sales values that have been assumed for all
the strategic sites. We have divided this into two tables, with 7B1
representing researched values at November 2013 and 7B2 increasing the
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High Wycombe values by some 4-6% over the 2013 values. We discuss
the outcome of this exercise in the Findings section.
4.16 Community Infrastructure Levy (CIL) and s106 costs
4.16.1 The Council has adopted CIL at £125 per square metre for High Wycombe
and Stokenchurch, with £150 per square metre elsewhere. These CIL
levels have been included in our appraisals, with £125 per square metre
being applied at value points 1 and 2, with £150 per square metre being
applied at value points 3-5. It should be noted that CIL is applied to the
market housing only.
4.16.2 In addition to CIL, we have applied a s106 cost of £1,000 per unit for all
appraisals, notional and strategic.
4.17 Methodology relating to the strategic sites
4.17.1 The strategic sites are listed in the table at Appendix 2, which also
includes assumptions relating to unit numbers and gross/net developable
areas. It is important to note the assumptions that we have made for the
gross site areas, from which the calculations of existing use value are
made. These assumptions are set out in Appendix 7, in the column headed
Gross Area for EUV, where we are calculating the existing use values from
the Developable Areas shown in Appendix 2.
4.17.2 The significance of this issue is that the surpluses arising for each site are
calculated by deducting the existing use value, at £350,000 per hectare
(£142,000 per acre), from the development’s land value.
4.17.3 The methodology for the strategic sites is similar to that for the notional
sites, in that we are using a residual land appraisal to calculate a land
value arising from the particular development, based on the housing mixes
enclosed at Appendices 3 and 3A. In the case of the strategic sites,
however, we can also apply more site-specific criteria, such as
infrastructure levels and abnormal costs for slopes.
4.17.4 The infrastructure items are not to do with CIL; these are the roads and
services that need to be brought into the site, in order to create the
individual “serviced” sites on which the houses would be built. This cost
needs to be added to the base build costs adopted for the units. We have
sought advice on these costs in the past and have adopted a figure of
£520,000 per hectare (£210,000 per acre), applicable to half the
residential area. We adopt half the residential area for this infrastructure
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on the basis that an efficient use of land will minimise the area of this
infrastructure land, in order to maximise the developable area.
4.17.5 In certain instances, we have also allowed an extra cost for sloping sites at
a rate of £3,000 per unit. This would be an extra over cost to create
suitable levels for building.
4.17.6 It should be noted that we have assumed that certain strategic sites would
be divided into different phases, with more than one developer on site.
These phases might be around 100 units each, having simultaneous build
and sales periods. This is relevant to our consideration of such matters as
finance costs. This phasing assumption would relate to all the strategic
sites, with the exception of Abbey Barn North and Slate Meadow.
4.17.7 We have also considered the viability of the Princes Risborough Growth
Area, which includes the sites at Longwick Road and Park Mill Farm,
having a proposed total of 2,500 homes. The viability outcomes in relation
to this site are included at Appendices 7A and 7B.
4.18 Sensitivity Testing
4.18.1 We have described above the way in which the value points table provides
an element of sensitivity testing of the sales values in the District. We
need to also consider the impact of different levels of build cost. As part of
its brief for this study, the Council also asked us to consider whether there
is evidence to support a variation to the adopted levels of CIL, while
maintaining viability.
4.18.2 We are attaching, at Appendix 11, tables that show the impact of
increasing build costs by 10%, along with increases in CIL levels,
assuming affordable housing at both 30% and 40%. At the more sensitive
value points 1 and 2, we have increased CIL by 5%. This takes it from
£125 per square metre to £131 per square metre. At value points 3-5 we
have increased CIL by 10%, taking it from £150 per square metre to £165
per square metre. We have also carried out this exercise in the context of
a potential affordable housing scenario, with affordable rent at 65%
market rent and shared ownership at 30% sold.
4.18.3 The outcomes of this sensitivity testing will be discussed in the Findings
section, below.
4.19 Methodology relating to Rural Exceptions Sites
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4.19.1 The methodology relating to rural exceptions sites is similar to that
employed for the rest of the report, namely that we are considering land
values for different scenarios although, in this case, the emphasis is on the
provision of affordable housing.
4.19.2 For the purpose of this exercise, we have assumed sales values that
reflect the more expensive village locations, although market values have
been reduced by some 20% to reflect the high proportions of affordable
housing in a rural exceptions scheme.
4.19.3 The examples shown below are a mix of 2 bed houses and 3 bed houses
on 0.33 hectares.
4.19.4 All scenarios have an EUV of £100,000, being 10 units at £10,000 per plot.
This level has been confirmed by registered providers as being the land
value payable. The build costs have been supplemented to reflect the fact
that these will be more one-off types of development.
4.19.5 There have been few recent rural exceptions schemes developed in
Wycombe in the last few years. This has been due to a variety of reasons;
this report assesses whether there is a viability issue which may be
impeding delivery. The lack of available Homes and Communities Agency
or Local Authority grant may be an issue.
4.19.6 The NPPF supports the potential to introduce some market development
onto exceptions sites, it states in paragraph 54:
“In rural areas, exercising the duty to cooperate with neighbouring
authorities, local planning authorities should be responsive to local
circumstances and plan housing development to reflect local
needs, particularly for affordable housing, including through rural
exception sites where appropriate. Local planning authorities
should in particular consider whether allowing some market
housing would facilitate the provision of significant additional
affordable housing to meet local needs”.
4.19.7 Other Local Authorities have considered the delivery of affordable housing
and have given thought to ways in which value can be enhanced to either
replace grant or act as an added incentive to landowners, by substituting
some market housing into what would otherwise be a 100% affordable
scheme.
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4.19.8 This part of the report is supported by 12 HCA Development Appraisal
Toolkit examples of a typical rural exceptions scheme. The outcomes of
these appraisals are discussed in the Findings section.
At this point we should mention some notes and limitations
of a report of this nature.
We will be discussing viability, partly in terms of notional sites and a series
of scenarios that result in land values per hectare, applicable to that
scenario. These land values give a broad indication of viability; as stated
above, they are not intended to suggest that land values will be at these
levels in all specific circumstances.
We will relate land values per hectare, arising from the different
scenarios, to viability thresholds. These thresholds are expressed as sums
per hectare and are designed to offer a general overview of potential
alternative uses, based upon available information. The thresholds will not
be applicable to every specific site and it is accepted that some negotiation
over viability might be required in individual circumstances.
Notional sites should be assumed to be speculative developments that
exclude any unique design or specification items. It is assumed that these
will be “serviced” sites with no significant off-site infrastructure
requirements, such as abnormal highways or service reinforcement.
55..
TThhee FFiinnddiinnggss
5.1 We will consider these initial findings in the context of the attached
appendices that show land value outcomes.
5.2 Sales research outcomes
5.2.1 These relate to the sales research for both new build and second hand
properties, as shown in appendices 4 and 5. The research confirmed the
wider view that the housing market has improved significantly, especially
following the introduction of the Government’s Help to Buy scheme.
Furthermore, the research confirmed the wide range of values that are
experienced in the District. It is this that contributed to our view that three
value levels can be identified, as demonstrated in the value points tables,
attached as Appendix 6.
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5.2.2 It should be noted that some of the new build schemes that were assessed
for this exercise are located just outside the boundary of Wycombe District
Council. We believe that the evidence from these schemes remains valid,
since we would not expect buyers to differentiate significantly between the
locations.
5.3 Strategic site outcomes
5.3.1 The strategic land values and surpluses are shown in Appendix 7. Whilst
the valuations for the strategic sites allowed for CIL, a level of s106
contributions and incoming infrastructure, we have not allowed for any
further infrastructure, such as offsite highways, service reinforcement,
schools and other public facilities that might be required, with the
exception of the Princes Risborough Growth Area, where we have allowed
a transport package of £26 million. By agreement with the Council, these
items were omitted in order to understand the total surplus that might be
available. These surpluses are calculated by deducting the existing use
value, at £350,000 per hectare, from the land valuation that arises from
the proposed form of development, as shown on the housing mixes at
Appendix 3.
5.3.2 On the basis of the existing use values, as calculated, all the strategic sites
show a surplus that could contribute to wider infrastructure provision. The
surpluses are shown below, as taken from Appendix 7A, and also illustrate
the surplus per hectare and acre.
Site Surplus
Abbey Barn North £1,416,067 = £363,094 per ha, £147,000 per ac
Abbey Barn South £7,437,905 = £395,633 per ha, £160,000 per ac
Gomm Valley 1 £8,559,299 = £643,556 per ha, £261,000 per ac
Gomm Valley 2 £10,299,824 = £588,561 per ha, £238,000 per ac
Longwick Road £26,298,463 = £1,348,639 per ha, £546,000 per ac
Park Mill Farm £25,404,754 = £1,435,297 per ha, £581,000 per ac
Slate Meadow £8,904,306 = £1,413,382 per ha, £572,000 per ac
Terriers Farm £11,463,874 = £790,612 per ha, £320,000 per ac
5.3.3 This illustrates the higher surpluses per hectare that are arising from those
sites that are outside High Wycombe.
5.3.4 As discussed above, we carried out some sensitivity testing of the sales
values of the High Wycombe strategic sites, as a result of current market
sentiment, for the scenarios with affordable rent at 65% market rent and
shared ownership at 30% sale. This increased the sales values by between
4 and 6%. The outcomes, for the High Wycombe sites, of the higher sales
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value assumptions are set out below, extracted from Appendix 7A. We
would expect similar rises in land value for other affordable housing
scenarios.
Site Surplus
Abbey Barn North £1,674,224 = £429,288 per ha £174,000 per ac
Abbey Bar South £9,214,006 = £490,107 per ha £198,000 per ac
Gomm Valley 1 £10,113,867 = £760,441 per ha £308,000 per ac
Gomm Valley 2 £12,288502 = £702,200 per ha £284,000 per ac
Terriers Farm £11,670,733 = £804,878 per ha £326,000 per ac
5.4 Notional site outcomes
5.4.1 The tables of land value outcomes for the notional sites are shown at
Appendices 8 and 8A. By way of reminder, the different unit numbers were
tested at affordable housing proportions, by bed space, of 10, 20, 30 and
40%. Within the affordable element, we assumed a rented proportion of
50% (see Appendix 8) and 66% (see Appendix 8A). In addition, different
affordable housing tenures were tested. Finally, each of these scenarios
was tested against the different value points.
5.4.2 We can identify the most sensitive scenarios as being those with either
social rent/shared ownership at 30% sale, or those with affordable rent at
65%/shared ownership at 30% sale. We can then say that, if these
scenarios are viable, then we will also see viability in the more valuable
scenarios. These would include affordable rent at 80% market rent and
shared ownership at 50% sale.
5.4.3 If we look at the tables for social rent and shared ownership at 30% sale
we see that, at lower proportions of affordable housing, the only viability
difficulties occur with residential existing uses. At 30% affordable housing
there is a lack of viability against residential uses at value points 1 and 2,
which would include High Wycombe and Stokenchurch. At 40% affordable
there is viability for value point 2 against employment uses with 50% of
the affordable as rented, but not against residential uses. When the rented
element is raised to 66%, then value point 2 still shows viability against
the two lower employment thresholds, but not against the higher
threshold that assumes abnormal costs.
5.4.4 In this context, therefore, it is necessary to consider the weight to be
afforded to existing residential uses for future housing supply.
5.4.5 If we look at the tables for affordable rent at 65% market rent and shared
ownership at 30% sale, a similar viability picture is evident, with higher
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value employment uses being viable in VP2 locations, becoming marginal
when abnormal costs are assumed. This outcome applies to both 66%
rented and 50% rented scenarios.
5.4.6 The outcomes with affordable rent at 80% can be summarised as follows
for value point 2:
5.4.6.1 Assuming 50% rented: shared ownership at 30% sale shows good
viability for Greenfield and all employment thresholds at 30% affordable.
5.4.6.2 At 40% affordable there is more viability pressure against residential
uses, but there is good viability against employment uses.
5.4.6.3 If the shared ownership sale percentage is increased to 50%, there is
viability against the lower value residential existing uses. There is also
good viability against employment uses.
5.4.6.4 Assuming affordable rent at 80% market rent and the rented element
being 66% of the affordable housing, with an overall affordable
proportion of 30%: shared ownership at 30% sale, we see good viability
against all existing use thresholds, with the exception of higher value
residential. At 40% affordable, there is good viability against the
employment thresholds, but marginal viability against even the lower
value residential. If the shared ownership sale element is increased to
50%, then we see a similar pattern of good viability against employment
thresholds, but marginal viability against employment thresholds.
5.4.6.5 The Council has asked us to consider the viability of reducing the rural
sites’ affordable housing threshold, from the current policy position of 5
units. If we look at the land value per hectare outcomes at appendix 8A,
with qualifying development scenarios assuming 30% affordable housing,
we see the outcomes for 1 and 4 units. These scenarios fall below the
affordable housing threshold and do not, therefore, assume any
affordable housing provision. As a result, it will be seen that the land
values per hectare show good viability against the existing use
thresholds, even for the most sensitive locations at value point 2. On this
basis, we believe that the Council could consider a means of recovering
contributions towards affordable housing from sites of less than 5 units.
5.4.6.6 In the event that the Council might wish to pursue this option, however,
it needs to be borne in mind that on-site provision for sites of less than 5
units would result in reduced sales values of the market units, thus
contributing to lower land values and viability. As an alternative, a
financial contribution in lieu of on-site affordable housing might be
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considered, in line with paragraph 5.35 of the Council’s Planning
Obligations SPD, April 2013.
5.5 Impact of adding 10% to build costs
5.5.1 We undertook sensitivity testing of the notional sites around both build
costs and CIL levels, using the scenario of affordable rent at 65% and
shared ownership with a 30% sale, assuming a rented element of 66% of
the affordable. We are looking at overall affordable proportions of both
30% and 40%. We particularly wanted to show the position for value
points 2 and 3, on the basis that these locations are more sensitive to
additional costs.
5.5.2 The tables at Appendix 11 show the outcome of increasing build costs by
10%. We then applied a further cost to value points 2 and 3, being the
increased CIL levels. The columns in blue show, therefore, the cumulative
impact of applying these two extra costs.
5.5.3 It will be seen that, in most scenarios, there remains a viability difficulty
against residential existing uses. As stated above, however, it is necessary
to consider the importance of existing residential sites for future housing
supply. Against the important employment uses, VP2 locations show
viability at 30% affordable provision, except when abnormal costs are
assumed. At 40% affordable provision, however, viability becomes
marginal with the extra build cost; there is a lack of viability when the
additional CIL is added.
5.5.4 At value point 3, however, we see good viability at 40% affordable
provision, with both the higher build cost and CIL charge.
5.5.5 This would indicate that the CIL cost for areas outside High Wycombe and
Stokenchurch could be raised to £165 per square metre without adversely
affecting viability.
5.6 Rural Exceptions
5.6.1 The table below shows the land value outcomes of 12 appraisals that
include different mixes of market housing, affordable rent, social rent and
shared ownership tenures. For each tenure mix, there is a surplus/deficit
figure in the right hand column. This represents the extent to which the
resultant land value either exceeds the threshold of £100,000 or is lower
than it. The scenarios are arranged, such that the different tenures are
grouped together.
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5.6.2 It should be noted that it is not necessarily the scenarios with market
housing that show the best land value outcomes. The market housing
element of the appraisals will incur CIL, as well as profit at 20%, as
opposed to 6% for the affordable housing. This will have the effect of,
proportionately, reducing the land value, where market housing is
included. In addition, we would only show a minority of the total units as
market housing, in those scenarios where it exists at all.
5.6.3 It will be seen that the least viable scenario is the “traditional” rural
exceptions scheme, based on social rent (appraisal 12). This scenario will
only become viable, if supported by a financial subsidy of around £47,000
per unit.
5.6.4 However if the scheme were to be entirely developed for affordable rent at
80% market rent (minus management and maintenance, void and sinking
fund) then the scheme would be viable with no other subsidy (appraisal
2). Indeed if a 80/20 split were applied with affordable rent and market
housing the scheme would be even more viable (appraisal 1). However the
rents charged for such a scheme located in the most valuable locations in
the District may prove to be unaffordable to prospective residents.
5.6.5 A 70/30 split in favour of social rent and market housing is tested at
appraisal 11. Here the appraisal is unviable, but when a 60/40 split of
social rent to market is tested at appraisal 10 the scheme effectively
breaks even.
If we consider outcomes that are based entirely upon affordable housing,
including at least 50% social rent, then we see at appraisal 8 a viable
scenario that includes shared ownership with a 40% purchased element. A
similar scenario with shared ownership and a 30% sale produces a deficit,
as shown at appraisal 7. This scenario does return to surplus, however,
when 60% of the units are shared ownership (appraisal 6).
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Figure 2
Table of rural exceptions sites results
Looking at viability of different scenarios, based on the excess over the land value threshold of £100,000.
Based on 10no. 2 and 3 bedroom houses on 0.33 ha
S106 at £3,000 per unit.
CIL at £150 per sqm on market housing only.
Assumed land value threshold is £100,000, ie £10,000 per unit.
Scenario Unit mix Surplus/deficit
1 Affordable rent and market 8no 3 bed affordable rent £281,200
2no 2 bed market
2 All affordable rent 10no 2 bed houses £148,351
80% market rent
3 Affordable rent 80% market rent 8no 3 bed affordable rent £257,163
Shared ownership 40% sale 2no 2 bed shared ownership
4 Affordable rent 80% market rent 8no 3 bed affordable rent £232,465
Shared ownership 30% sale 2no 2 bed shared ownership
5 Social rent 3no 3 bed social rent £195,636
Shared ownership 30% sale 7no 3 bed shared ownership
6 Social rent 4no 3 bed social rent £40,721
Shared ownership 30% sale 6no 2 bed shared ownership
7 Social rent 5no 3 bed social rent -£118,528
Shared ownership 30% sale 5no 3 bed shared ownership
8 Social rent 5no 3 bed social rent £9,338
Shared ownership 40% sale 5no 2 bed shared ownership
9 Social rent 5no 3 bed social rent £71,084
Shared ownership 50% sale 5no 2 bed shared ownership
10 Social rent and market 6no 3 bed social rent £8,311
4no 3 bed market
11 Social rent and market 7no 3 bed social rent -£123,845
3no 3 bed market
12 All social rent 5no 2 bed houses -£474,580
5no 3 bed houses
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66..
CC
oonncclluussiioonnss
6.1 We are measuring the viability of a range of development scenarios by
comparing the land values, generated by these scenarios, to a number of
threshold land values. These represent the existing, or alternative, land
uses of a site and, for this study we are considering Greenfield,
employment and residential thresholds. We note that the strategic sites,
included as part of this report, are all Greenfield and we believe, therefore,
that significant weight can be attached to this use for the Council’s future
land supply. Consideration will, however, need to be given to other
existing uses, particularly employment, in connection with other sites that
might come forward for development.
6.2 The strategic sites all show surpluses against the Greenfield existing use
value. It should be noted, however, that we have not allocated any off-site
infrastructure to these sites, with the exception of the Princes Risborough
Growth Area. The surpluses should, therefore, be considered as “pots” of
value, indicating the sums available for such infrastructure, while
remaining viable.
6.3 In light of the latest sales market conditions, we tested the High Wycombe
sites at enhanced sales values, adding some 4-6%. This improves the
overall surpluses, although it should also be borne in mind that, as the
market improves, then build costs will start to rise as well. This will have
the effect of reducing the additional surpluses attributable to improved
sales values.
6.4 With regard to the viability of notional sites, we are looking at both the
level and tenure of affordable housing, along with the application of the
Council’s adopted level of CIL. We are particularly interested in the
viability position at value point 2, reflecting High Wycombe, against the
higher employment threshold of £1,400,000 per hectare (£567,000 per
acre). At this level, we have allowed CIL at £125 per sqm of the market
housing.
6.5 If we adopt a conservative scenario, with 40% affordable, of which 66% is
rented as affordable rent at 65% market rent, then we see that there is
viability against this employment threshold, at value point 2.
6.6 We can see similar viability for value point 2, assuming social rent. On this
basis, and addressing the current policy position, we would conclude that
40% affordable housing, along with CIL at £125 per sqm, is viable.
Wycombe District Council
Viability Assessment – Final Report
Ref: 131391 Page|33
6.7 We would conclude also that 30% remains viable in value point 2
locations, such as High Wycombe, along with a CIL charge of £125, even if
we assume social rent and shared ownership, with 30% sold.
6.8 On this same basis, locations such as Princes Risborough appear viable
with the higher CIL against all but the higher value residential existing use
value.
6.9 We have seen that most scenarios show viability difficulties against
existing residential uses, which we have taken at £2million and £4million
per hectare for this report. If we want to understand the scenarios that
would be viable against the residential thresholds, we need to look at
Appendix 8. With an affordable proportion of 40%, of which 66% is
rented, then we see marginal viability at value point 2 against the lower
residential threshold, with affordable rent at 80% market rent and shared
ownership at 30% sold. The same scenario, with shared ownership at 50%
sold shows good viability at value point 2 against the lower residential
threshold, but not against the higher threshold. If we reduce the
affordable proportion to 20%, however, this scenario indicates viability
against the higher residential threshold at value point 3.
6.10 Alternatively, if we adopt a scenario of 40% affordable housing, of which
50% is rented, assuming affordable rent at 65% market rent, then we see
viability for value point 3 against the lower residential threshold. As above,
value point 3 indicates viability against the higher residential threshold if
the affordable proportion is reduced to 20%.
6.11 From this, we conclude that it is possible to see viability against the
residential thresholds, although this involves flexibility in the requirements
for affordable housing.
6.12 With regard to the sensitivity exercise, we concluded that the Council
could consider raising its higher CIL level, at £150 per sqm, to £165 per
sqm, while remaining viable at 40% affordable housing, on the basis of
the scenario illustrated at Appendix 11.
6.13 Regarding rural exceptions sites, our study shows that a 100% affordable
rented rural exceptions scheme will be viable at the land value levels
currently negotiated by RPs and the Rural Enablers. Social rent will not be
viable without grant subsidy or the inclusion of a proportion of market
housing within a scheme. We have concluded that the provision of grant
subsidy cannot be assumed. The table at Figure 2, however, demonstrates
that a mix of social rent and shared ownership can be viable, depending
Wycombe District Council
Viability Assessment – Final Report
Ref: 131391 Page|34
upon the proportions of each tenure and the level of sold element for the
shared ownership.
6.14 The Council also asked us to consider whether the thresholds, at which on-
site affordable housing would be sought, should be changed. These are
currently set at 5 units in rural areas and 15 units in urban situations. It
will be seen from the tables at appendix 8 that we have tested sites of 10
units with affordable housing. If we consider the position at 40%
affordable housing, with affordable rent at 65% market rent, then we see
that the land value outcomes for 10 units show good viability against the
existing employment uses. A similar picture is seen when social rent
replaces the affordable rented element. We believe, therefore, that the
Council could consider lowering the urban threshold to 10 units.
6.15 With regard to the 5 unit threshold, the land value outcomes for 1 and 4
unit sites, with no affordable contribution, show good viability against the
viability thresholds, even at value point 2. We would conclude, therefore,
that the Council could consider either reducing the threshold or accepting
a financial contribution in lieu of on-site affordable provision.
Wycombe District Council
Viability Assessment – Final Report
Ref: 131391 Page|35
77..
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eennddaattiioonnss
7.1 We would recommend that the Council can maintain its current policy
requirements for affordable housing.
7.2 With regard to Community Infrastructure Levy, we would recommend that
the Council could consider raising its higher rate to £165 per square
metre.
7.3 With regard to the strategic sites, we would recommend that the Council
should consider the related infrastructure items alongside the surpluses
against each site, as identified in the study. It should be borne in mind
that the surpluses are in addition to the allowances for Community
Infrastructure Levy.
7.4 With regard to rural exceptions sites, we would recommend that the
Council should not assume the availability of social housing grant. This
implies that, where social rented is the preferred option, a proportion of
shared ownership should be considered. This would need to be, however,
on the basis that a 40% share is sold.
7.5 We would recommend that the Council could consider reducing the
affordable housing threshold, in urban areas, to 10 units. With regard to
sites of less than 5 units, we would recommend that a contribution to
affordable housing could be considered, but that this should be a financial
contribution, as opposed to on-site provision.
End of Report
Adams Integra
February 2015
WYCOMBE DISTRICT COUNCIL
VIABILITY ASSESSMENT
FINAL REPORT
APPENDICES
Appendix 1
Assumes 66% rented
Assumed tenure and dwelling mix, notional sites, 40% affordable bedspaces
Densities
per ha per acre
30 12.15
50 20.24
Bedspaces 2 Bedspaces 3 Bedspaces 4 Bedspaces 5 Bedspaces 6 Bedsp 7
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
No units Density Resulting
site area
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 1
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 3
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 4
bed
houses
Total
floor area
m²
Market Total
floor area
m²
Total No.
Dwgs
Total
floor area
m²
Sq m / ha
dph ha 46 46 46 45 67 67 67 60 75 75 75 75 88 88 88 95 106 106 106 125 170
1 30 0.03 0 0 0 0 0 0 0 0 1 1 125 0 1 125 3750
50 0.02 0 0 0 0 0 0 1 1 95 0 0 0 1 95 4750
4 30 0.13 0 0 0 0 0 0 0 0 4 4 500 0 4 500 3750
50 0.08 0 0 0 0 0 0 4 4 380 0 0 0 4 380 4750
75 0.05 1 1 45 3 3 180 0 0 0 0 0 0 0 0 4 225 4219
10 30 0.33 0 0 0 0 2 2 150 3 3 264 3 3 375 2 340 10 1129 3387
50 0.20 0 0 0 0 1 3 4 300 2 1 3 271 1 2 3 356 0 10 927 4635
75 0.13 1 2 3 136 3 4 7 441 0 0 0 0 0 0 0 0 10 577 4328
25 30 0.83 0 0 2 2 134 2 3 5 375 2 2 4 366 3 5 8 943 6 1020 25 2838 3406
50 0.50 0 0 5 2 7 469 2 4 6 450 3 3 6 549 6 6 750 0 25 2218 4436
50 30 1.67 0 0 0 0 7 9 3 19 1425 5 1 6 535 3 11 14 1693 11 1870 50 5523 3314
50 1.00 0 0 10 7 17 1139 4 2 5 11 825 3 7 10 929 12 12 1500 0 50 4393 4393
100 30 3.33 6 6 276 10 10 670 6 6 2 14 1050 16 6 22 1978 6 18 24 2886 24 4080 100 10940 3282
50 2.00 6 2 8 368 9 6 15 1005 9 10 12 31 2325 8 12 20 1844 26 26 3250 0 100 8792 4396
400 30 13.33 30 30 1380 15 30 45 3015 10 29 10 49 3675 60 15 75 6705 31 90 121 14536 80 13600 400 42911 3218
50 8.00 18 13 31 1426 30 23 53 3551 17 23 55 95 7125 35 10 92 137 12700 20 64 84 10120 0 400 34922 4365
Affordable % by number Bedspaces Affordable bedspaces as % of total bedspaces Affordable Rented bedspaces as % of total affordable bedspaces
No. Density No. afford %afford No. rented % rented Total 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total % bedspaces 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total %
10 30 5 50% 3 60% 55 0 0 8 15 0 23 42% 23 0 0 0 15 0 15 65%
50 4 40% 3 75% 49 0 0 4 10 6 20 41% 20 0 0 0 10 6 16 80%
75 4 40% 3 75% 27 2 9 0 0 0 11 41% 11 0 9 0 0 0 9 82%
25 30 12 48% 7 58% 136 0 6 20 10 18 54 40% 54 0 0 8 10 18 36 67%
50 12 48% 8 67% 111 0 21 8 15 0 44 40% 44 0 15 0 15 0 30 68%
50 30 24 48% 15 63% 267 0 0 64 25 18 107 40% 107 0 0 28 25 18 71 66%
50 26 52% 17 65% 217 0 51 24 15 0 90 41% 90 0 30 16 15 0 61 68%
100 30 50 50% 28 56% 520 12 30 48 80 36 206 40% 206 0 0 24 80 36 140 68%
50 50 50% 32 64% 441 16 45 76 40 0 177 40% 177 12 27 36 40 0 115 65%
400 30 205 51% 116 57% 2052 60 135 156 300 186 837 41% 837 0 45 40 300 186 571 68%
50 189 47% 120 63% 1790 62 159 160 225 120 726 41% 726 36 90 68 175 120 489 67%
Appendix 1
Assumes 66% rented
Assumed tenure and dwelling mix, notional sites, 10% affordable bedspaces
Densities
per ha per acre
30 12.15
50 20.24
Bedspaces 2 Bedspaces 3 Bedspaces 4 Bedspaces 5 Bedspaces 6 Bedsp 7
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
No units Density Resulting
site area
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 1
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 3
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 4
bed
houses
Total
floor area
m²
Market Total
floor area
m²
Total No.
Dwgs
Total
floor area
m²
Sq m / ha
dph ha 45 45 45 45 60 60 60 60 75 75 75 75 95 95 95 95 125 125 125 125 170
1 30 0.03 0 0 0 0 0 0 0 0 1 1 125 0 1 125 3750
50 0.02 0 0 0 0 0 0 1 1 95 0 0 0 1 95 4750
4 30 0.13 0 0 0 0 0 0 0 0 4 4 500 0 4 500 3750
50 0.08 0 0 0 0 0 0 4 4 380 0 0 0 4 380 4750
75 0.05 1 1 45 3 3 180 0 0 0 0 0 0 0 0 4 225 4219
10 30 0.33 0 0 0 0 1 1 75 1 2 3 285 4 4 500 2 340 10 1200 3600
50 0.20 0 0 0 0 1 5 6 450 2 2 190 2 2 250 0 10 890 4450
75 0.13 2 2 90 1 7 8 480 0 0 0 0 0 0 0 0 10 570 4275
25 30 0.83 0 0 1 1 60 1 3 4 300 2 4 6 570 8 8 1000 6 1020 25 2950 3540
50 0.50 0 0 6 6 360 2 1 4 7 525 6 6 570 6 6 750 0 25 2205 4410
50 30 1.67 0 0 1 1 60 5 2 3 10 750 9 9 855 20 20 2500 10 1700 50 5865 3519
50 1.00 2 2 90 1 1 5 7 420 2 1 13 16 1200 15 15 1425 10 10 1250 0 50 4385 4385
100 30 3.33 0 0 6 6 360 3 5 6 14 1050 5 15 20 1900 35 35 4375 25 4250 100 11935 3581
50 2.00 3 3 135 10 3 13 780 24 24 1800 40 40 3800 20 20 2500 0 100 9015 4508
400 30 13.33 0 0 7 10 17 1020 10 15 16 41 3075 12 82 94 8930 8 160 168 21000 80 13600 400 47625 3572
50 8.00 10 10 18 38 1710 13 11 40 64 3840 8 85 93 6975 5 120 125 11875 80 80 10000 0 400 34400 4300
Bedspaces Affordable bedspaces as % of total bedspaces Affordable Rented bedspaces as % of total affordable bedspaces
No. Density No. afford %afford No. rented % rented Total 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total % bedspaces 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total %
10 30 1 10% 1 100% 57 0 0 0 5 0 5 9% 5 0 0 0 5 0 5 100%
50 1 10% 1 100% 46 0 0 4 0 0 4 9% 4 0 0 4 0 0 4 100%
25 30 3 12% 2 67% 139 0 0 4 10 0 14 10% 14 0 0 0 10 0 10 71% Ok
50 3 12% 2 67% 112 0 0 12 0 0 12 11% 12 0 0 8 0 0 8 67% OK
50 30 8 16% 5 63% 278 0 3 28 0 0 31 11% 31 0 0 20 0 0 20 65% OK
50 7 14% 5 71% 224 4 6 12 0 0 22 10% 22 4 3 8 0 0 15 68% OK
100 30 13 13% 8 62% 559 0 0 32 25 0 57 10% 57 0 0 12 25 0 37 65% OK
50 16 16% 10 63% 461 6 39 0 0 0 45 10% 45 0 30 0 0 0 30 67% OK
400 30 52 13% 30 58% 2253 0 21 100 60 48 229 10% 229 0 0 40 60 48 148 65% OK
50 57 14% 36 63% 1745 40 72 32 25 0 169 10% 169 20 39 32 25 0 116 69% OK
Appendix 1
Assumes 66% rented
Assumed tenure and dwelling mix, notional sites, 20% affordable
Densities
per ha per acre
30 12.15
50 20.24
Bedspaces 2 Bedspaces 3 Bedspaces 4 Bedspaces 5 Bedspaces 6 Bedsp 7
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
No units Density Resulting
site area
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 1
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 3
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 4
bed
houses
Total
floor area
m²
Market Total
floor area
m²
Total No.
Dwgs
Total
floor area
m²
Sq m / ha
dph ha 45 45 45 45 60 60 60 60 75 75 75 75 95 95 95 95 125 125 125 125 170
1 30 0.03 0 0 0 0 0 0 0 0 1 1 125 0 1 125 3750
50 0.02 0 0 0 0 0 0 1 1 95 0 0 0 1 95 4750
4 30 0.13 0 0 0 0 0 0 0 0 4 4 500 0 4 500 3750
50 0.08 0 0 0 0 0 0 4 4 380 0 0 0 4 380 4750
75 0.05 1 1 45 3 3 180 0 0 0 0 0 0 0 0 4 225 4219
10 30 0.33 0 0 0 0 2 2 150 1 2 3 285 1 2 3 375 2 340 10 1150 3450
50 0.20 0 0 0 0 1 4 5 375 1 3 4 380 1 1 125 0 10 880 4400
75 0.13 1 1 45 2 7 9 540 0 0 0 0 0 0 0 0 10 585 4388
25 30 0.83 0 0 0 0 1 2 3 6 450 3 4 7 665 7 7 875 5 850 25 2840 3408
50 0.50 1 1 2 90 1 2 2 5 300 4 4 300 2 5 7 665 6 6 750 1 170 25 2275 4550
50 30 1.67 0 0 0 0 6 4 5 15 1125 3 8 11 1045 15 15 1875 9 1530 50 5575 3345
50 1.00 0 0 4 1 4 9 540 2 3 10 15 1125 2 15 17 1615 9 9 1125 0 50 4405 4405
100 30 3.33 2 2 90 2 4 6 360 7 4 5 16 1200 9 9 18 1710 40 40 5000 18 3060 100 11420 3426
50 2.00 2 1 3 135 4 2 6 360 5 6 25 36 2700 5 25 30 2850 25 25 3125 0 100 9170 4585
400 30 13.33 0 0 11 7 18 1080 15 17 10 42 3150 30 10 50 90 8550 10 170 180 22500 70 11900 400 47180 3539
50 8.00 6 16 22 990 5 13 18 36 2160 22 11 89 122 9150 17 120 137 13015 8 75 83 10375 0 400 35690 4461
Bedspaces Affordable bedspaces as % of total bedspaces Affordable Rented bedspaces as % of total affordable bedspaces
No. Density No. afford %afford No. rented % rented Total 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total % bedspaces 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total %
10 30 2 20% 2 100% 55 0 0 0 5 6 11 20% 11 0 0 0 5 6 11 100%
50 2 20% 2 100% 46 0 0 4 5 0 9 20% 9 0 0 4 5 0 9 100%
25 30 6 24% 4 67% 136 0 0 12 15 0 27 20% 27 0 0 4 15 0 19 70% Ok
50 7 28% 4 57% 113 4 9 0 10 0 23 20% 23 2 3 0 10 0 15 65% OK
50 30 13 26% 9 69% 268 0 0 40 15 0 55 21% 55 0 0 24 15 0 39 71% OK
50 12 24% 8 67% 226 0 15 20 10 0 45 20% 45 0 12 8 10 0 30 67% OK
100 30 28 28% 18 64% 542 4 18 44 45 0 111 20% 111 0 6 28 45 0 79 71% OK
50 25 25% 16 64% 468 6 18 44 25 0 93 20% 93 4 12 20 25 0 61 66% OK
400 30 100 25% 66 66% 2242 0 54 128 200 60 442 20% 442 0 33 60 150 60 303 69% OK
50 98 25% 58 59% 1823 44 54 132 85 48 363 20% 363 12 15 88 85 48 248 68% OK
Appendix 1
Assumes 66% rented
Assumed tenure and dwelling mix, notional sites, 30% affordable
Densities
per ha per acre
30 12.15
50 20.24
Bedspaces 2 Bedspaces 3 Bedspaces 4 Bedspaces 5 Bedspaces 6 Bedsp 7
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
No units Density Resulting
site area
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 1
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 3
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 4
bed
houses
Total
floor area
m²
Market Total
floor area
m²
Total No.
Dwgs
Total
floor area
m²
Sq m / ha
dph ha 45 45 45 45 60 60 60 60 75 75 75 75 95 95 95 95 125 125 125 125 170
1 30 0.03 0 0 0 0 0 0 0 0 1 1 125 0 1 125 3750
50 0.02 0 0 0 0 0 0 1 1 95 0 0 0 1 95 4750
4 30 0.13 0 0 0 0 0 0 0 0 4 4 500 0 4 500 3750
50 0.08 0 0 0 0 0 0 4 4 380 0 0 0 4 380 4750
75 0.05 1 1 45 3 3 180 0 0 0 0 0 0 0 0 4 225 4219
10 30 0.33 0 0 0 0 1 1 75 1 4 5 475 1 3 4 500 0 10 1050 3150
50 0.20 0 0 0 0 1 2 3 225 1 3 4 380 1 2 3 375 0 10 980 4900
75 0.13 1 1 2 90 2 6 8 480 0 0 0 0 0 0 0 0 10 570 4275
25 30 0.83 0 0 1 2 1 4 240 1 1 2 4 300 2 3 5 475 2 7 9 1125 3 510 25 2650 3180
50 0.50 0 0 1 1 4 6 360 0 2 3 5 375 4 4 8 760 6 6 750 0 25 2245 4490
50 30 1.67 1 1 45 2 2 4 240 2 5 2 9 675 5 8 13 1235 3 12 15 1875 8 1360 50 5430 3258
50 1.00 0 0 3 1 3 7 420 4 5 9 18 1350 4 13 17 1615 8 8 1000 0 50 4385 4385
100 30 3.33 0 0 7 4 11 660 2 7 6 15 1125 11 10 21 1995 8 30 38 4750 15 2550 100 11080 3324
50 2.00 3 3 135 7 5 10 22 1320 4 6 10 20 1500 10 25 35 3325 20 20 2500 0 100 8780 4390
400 30 13.33 4 8 12 540 10 18 8 36 2160 24 24 10 58 4350 34 10 40 84 7980 20 130 150 18750 60 10200 400 43980 3299
50 8.00 18 22 40 1800 20 20 20 60 3600 22 18 50 90 6750 20 100 120 11400 10 80 90 11250 0 400 34800 4350
Bedspaces Affordable bedspaces as % of total bedspaces Affordable Rented bedspaces as % of total affordable bedspaces
No. Density No. afford %afford No. rented % rented Total 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total % bedspaces 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total %
10 30 3 30% 2 67% 53 0 0 4 5 6 15 28% 15 0 0 0 5 6 11 73% ok low accommodation
50 3 30% 2 67% 50 0 0 4 5 6 15 30% 15 0 0 0 5 6 11 73%
25 30 9 36% 6 67% 128 0 9 8 10 12 39 30% 39 0 0 4 10 12 26 67% Ok
50 8 32% 5 63% 114 0 6 8 20 0 34 30% 34 0 3 0 20 0 23 68% ok
50 30 17 34% 10 59% 261 0 6 28 25 18 77 30% 77 0 0 8 25 18 51 66% OK
50 17 34% 11 65% 226 0 12 36 20 0 68 30% 68 0 9 16 20 0 45 66% ok
100 30 35 35% 21 60% 531 0 21 36 55 48 160 30% 160 0 0 8 55 48 111 69% 0k
50 35 35% 21 60% 447 6 36 40 50 0 132 30% 132 0 21 16 50 0 87 66% ok
400 30 152 38% 92 61% 2104 24 84 192 220 120 640 30% 640 8 30 96 170 120 424 66%
50 150 38% 90 60% 1760 80 120 160 100 60 520 30% 520 36 60 88 100 60 344 66%
Assumed tenure and dwelling mix, notional sites, 40% affordable bedspaces
Appendix 1A
Densities
per ha per acre
30 12.15
50 20.24
Bedspaces 2 Bedspaces 3 Bedspaces 4 Bedspaces 5 Bedspaces 6 Bedsp 7
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
No units Density Resulting
site area
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 1
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 3
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 4
bed
houses
Total
floor area
m²
Market Total
floor area
m²
Total No.
Dwgs
Total
floor area
m²
Sq m / ha
dph ha 46 46 46 45 67 67 67 60 75 75 75 75 88 88 88 95 106 106 106 125 170
1 30 0.03 0 0 0 0 0 0 0 0 1 1 125 0 1 125 3750
50 0.02 0 0 0 0 0 0 1 1 95 0 0 0 1 95 4750
4 30 0.13 0 0 0 0 0 0 0 0 4 4 500 0 4 500 3750
50 0.08 0 0 0 0 0 0 4 4 380 0 0 0 4 380 4750
75 0.05 1 1 45 3 3 180 0 0 0 0 0 0 0 0 4 225 4219
10 30 0.33 0 0 0 0 0 0 2 2 3 7 637 3 3 375 0 10 1012 3036
50 0.20 0 0 0 0 1 2 4 7 525 1 2 3 278 0 0 0 10 803 4015
75 0.13 1 1 3 5 227 1 1 3 5 314 0 0 0 0 0 0 0 0 10 541 4058
25 30 0.83 0 0 2 1 3 201 2 4 6 450 3 6 9 834 4 4 500 3 510 25 2495 2994
50 0.50 0 0 4 2 6 402 1 2 4 7 525 1 2 3 6 549 6 6 750 0 25 2226 4452
50 30 1.67 0 0 0 0 7 9 3 19 1425 5 3 1 9 799 11 11 1375 11 1870 50 5469 3281
50 1.00 1 3 4 184 4 5 9 603 4 6 4 14 1050 3 8 11 1024 12 12 1500 0 50 4361 4361
100 30 3.33 7 7 322 10 10 670 5 6 4 15 1125 16 6 10 32 2886 18 18 2250 18 3060 100 10313 3094
50 2.00 6 2 8 368 9 6 15 1005 9 10 12 31 2325 3 5 12 20 1844 26 26 3250 0 100 8792 4396
400 30 13.33 30 30 1380 15 30 45 3015 13 31 10 54 4050 60 26 15 101 8993 90 90 11250 80 13600 400 42288 3172
50 8.00 18 13 31 1426 30 23 53 3551 17 23 55 95 7125 32 33 92 157 14460 64 64 8000 0 400 34562 4320
Affordable % by number Bedspaces Affordable bedspaces as % of total bedspaces Affordable Rented bedspaces as % of total affordable bedspaces
No. Density No. afford %afford No. rented % rented Total 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total % bedspaces 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total %
10 30 4 40% 2 50% 53 0 0 0 20 0 20 38% 20 0 0 0 10 0 10 50%
50 4 40% 2 50% 43 0 0 12 5 0 17 40% 17 0 0 4 5 0 9 53%
75 4 40% 2 50% 25 4 6 0 0 0 10 40% 10 2 3 0 0 0 5 50%
25 30 12 48% 7 58% 123 0 9 24 15 0 48 39% 48 0 0 8 15 0 23 48%
50 12 48% 6 50% 112 0 18 12 15 0 45 40% 45 0 12 4 5 0 21 47%
50 30 24 48% 12 50% 264 0 0 64 40 0 104 39% 104 0 0 28 25 0 53 51%
50 26 52% 12 46% 218 8 27 40 15 0 90 41% 90 2 12 16 15 0 45 50%
100 30 50 50% 21 42% 498 14 30 44 110 0 198 40% 198 0 0 20 80 0 100 51%
50 50 50% 27 54% 441 16 45 76 40 0 177 40% 177 12 27 36 15 0 90 51%
400 30 205 51% 88 43% 2016 60 135 176 430 0 801 40% 801 0 45 52 300 0 397 50%
50 189 47% 97 51% 1770 62 159 160 325 0 706 40% 706 36 90 68 160 0 354 50%
Appendix 1A
Assumed tenure and dwelling mix, notional sites, 10% affordable bedspaces
Densities
per ha per acre
30 12.15
50 20.24
Bedspaces 2 Bedspaces 3 Bedspaces 4 Bedspaces 5 Bedspaces 6 Bedsp 7
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
No units Density Resulting
site area
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 1
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 3
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 4
bed
houses
Total
floor area
m²
Market Total
floor area
m²
Total No.
Dwgs
Total
floor area
m²
Sq m / ha
dph ha 45 45 45 45 60 60 60 60 75 75 75 75 95 95 95 95 125 125 125 125 170
1 30 0.03 0 0 0 0 0 0 0 0 1 1 125 0 1 125 3750
50 0.02 0 0 0 0 0 0 1 1 95 0 0 0 1 95 4750
4 30 0.13 0 0 0 0 0 0 0 0 4 4 500 0 4 500 3750
50 0.08 0 0 0 0 0 0 4 4 380 0 0 0 4 380 4750
75 0.05 1 1 45 3 3 180 0 0 0 0 0 0 0 0 4 225 4219
10 30 0.33 0 0 0 0 1 1 75 1 2 3 285 4 4 500 2 340 10 1200 3600
50 0.20 0 0 0 0 1 5 6 450 2 2 190 2 2 250 0 10 890 4450
75 0.13 2 2 90 1 7 8 480 0 0 0 0 0 0 0 0 10 570 4275
25 30 0.83 1 4 5 225 1 4 5 300 1 3 4 300 3 3 285 4 4 500 4 680 25 2290 2748
50 0.50 1 1 45 1 5 6 360 5 5 375 1 6 7 665 6 6 750 0 25 2195 4390
50 30 1.67 0 0 1 1 60 4 3 3 10 750 9 9 855 20 20 2500 10 1700 50 5865 3519
50 1.00 2 2 90 1 1 5 7 420 1 2 13 16 1200 15 15 1425 10 10 1250 0 50 4385 4385
100 30 3.33 0 0 2 1 5 8 480 3 6 6 15 1125 2 15 17 1615 35 35 4375 25 4250 100 11845 3554
50 2.00 1 2 3 135 7 6 13 780 24 24 1800 40 40 3800 20 20 2500 0 100 9015 4508
400 30 13.33 0 0 7 10 17 1020 12 13 16 41 3075 12 8 82 102 9690 160 160 20000 80 13600 400 47385 3554
50 8.00 8 10 18 36 1620 9 11 40 60 3600 8 6 85 99 7425 3 2 120 125 11875 80 80 10000 0 400 34520 4315
Bedspaces Affordable bedspaces as % of total bedspaces Affordable Rented bedspaces as % of total affordable bedspaces
No. Density No. afford %afford No. rented % rented Total 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total % bedspaces 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total %
10 30 1 10% 1 100% 57 0 0 0 5 0 5 9% 5 0 0 0 5 0 5 100%
50 1 10% 1 100% 46 0 0 4 0 0 4 9% 4 0 0 4 0 0 4 100%
25 30 3 12% 2 67% 108 2 3 4 0 0 9 8% 9 0 0 4 0 0 4 44% Ok
50 3 12% 2 67% 111 2 3 0 5 0 10 9% 10 2 3 0 0 0 5 50% OK
50 30 8 16% 4 50% 278 0 3 28 0 0 31 11% 31 0 0 16 0 0 16 52% OK
50 7 14% 4 57% 224 4 6 12 0 0 22 10% 22 4 3 4 0 0 11 50% OK
100 30 14 14% 7 50% 554 0 9 36 10 0 55 10% 55 0 6 12 10 0 28 51% OK
50 16 16% 8 50% 461 6 39 0 0 0 45 10% 45 2 21 0 0 0 23 51% OK
400 30 52 13% 24 46% 2245 0 21 100 100 0 221 10% 221 0 0 48 60 0 108 49% OK
50 57 14% 28 49% 1753 36 60 56 25 0 177 10% 177 16 27 32 15 0 90 51% OK
Appendix 1A
Assumed tenure and dwelling mix, notional sites, 20% affordable
Densities
per ha per acre
30 12.15
50 20.24
Bedspaces 2 Bedspaces 3 Bedspaces 4 Bedspaces 5 Bedspaces 6 Bedsp 7
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
No units Density Resulting
site area
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 1
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 3
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 4
bed
houses
Total
floor area
m²
Market Total
floor area
m²
Total No.
Dwgs
Total
floor area
m²
Sq m / ha
dph ha 45 45 45 45 60 60 60 60 75 75 75 75 95 95 95 95 125 125 125 125 170
1 30 0.03 0 0 0 0 0 0 0 0 1 1 125 0 1 125 3750
50 0.02 0 0 0 0 0 0 1 1 95 0 0 0 1 95 4750
4 30 0.13 0 0 0 0 0 0 0 0 4 4 500 0 4 500 3750
50 0.08 0 0 0 0 0 0 4 4 380 0 0 0 4 380 4750
75 0.05 1 1 45 3 3 180 0 0 0 0 0 0 0 0 4 225 4219
10 30 0.33 0 0 0 0 2 2 150 1 2 3 285 1 2 3 375 2 340 10 1150 3450
50 0.20 0 0 0 0 1 4 5 375 1 3 4 380 1 1 125 0 10 880 4400
75 0.13 1 1 45 2 7 9 540 0 0 0 0 0 0 0 0 10 585 4388
25 30 0.83 0 0 0 0 1 2 3 6 450 2 1 4 7 665 7 7 875 5 850 25 2840 3408
50 0.50 1 1 2 90 3 2 5 300 1 4 5 375 1 5 6 570 6 6 750 1 170 25 2255 4510
50 30 1.67 0 0 0 0 7 4 5 16 1200 2 8 10 950 15 15 1875 9 1530 50 5555 3333
50 1.00 0 0 2 1 4 7 420 3 4 10 17 1275 1 1 15 17 1615 9 9 1125 0 50 4435 4435
100 30 3.33 2 2 90 2 4 6 360 7 4 5 16 1200 4 5 9 18 1710 40 40 5000 18 3060 100 11420 3426
50 2.00 2 1 3 135 4 2 6 360 5 6 25 36 2700 2 3 25 30 2850 25 25 3125 0 100 9170 4585
400 30 13.33 7 7 315 5 8 13 780 10 20 30 60 4500 29 21 70 120 11400 130 130 16250 70 11900 400 45145 3386
50 8.00 6 16 22 990 5 13 18 36 2160 19 14 89 122 9150 15 10 120 145 13775 75 75 9375 0 400 35450 4431
Bedspaces Affordable bedspaces as % of total bedspaces Affordable Rented bedspaces as % of total affordable bedspaces
No. Density No. afford %afford No. rented % rented Total 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total % bedspaces 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total %
10 30 2 20% 2 100% 55 0 0 0 5 6 11 20% 11 0 0 0 5 6 11 100%
50 2 20% 2 100% 46 0 0 4 5 0 9 20% 9 0 0 4 5 0 9 100%
25 30 6 24% 3 50% 136 0 0 12 15 0 27 20% 27 0 0 4 10 0 14 52% Ok
50 7 28% 3 43% 112 4 9 4 5 0 22 20% 22 2 0 4 5 0 11 50% OK
50 30 13 26% 7 54% 267 0 0 44 10 0 54 20% 54 0 0 28 0 0 28 52% OK
50 12 24% 6 50% 228 0 9 28 10 0 47 21% 47 0 6 12 5 0 23 49% OK
100 30 28 28% 13 46% 542 4 18 44 45 0 111 20% 111 0 6 28 20 0 54 49% OK
50 25 25% 13 52% 468 6 18 44 25 0 93 20% 93 4 12 20 10 0 46 49% OK
400 30 100 25% 51 51% 2163 14 39 120 250 0 423 20% 423 14 15 40 145 0 214 51% OK
50 98 25% 45 46% 1815 44 54 132 125 0 355 20% 355 12 15 76 75 0 178 50% OK
Appendix 1A
Assumed tenure and dwelling mix, notional sites, 30% affordable
Densities
per ha per acre
30 12.15
50 20.24
Bedspaces 2 Bedspaces 3 Bedspaces 4 Bedspaces 5 Bedspaces 6 Bedsp 7
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
No units Density Resulting
site area
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 1
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 3
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 4
bed
houses
Total
floor area
m²
Market Total
floor area
m²
Total No.
Dwgs
Total
floor area
m²
Sq m / ha
dph ha 45 45 45 45 60 60 60 60 75 75 75 75 95 95 95 95 125 125 125 125 170
1 30 0.03 0 0 0 0 0 0 0 0 1 1 125 0 1 125 3750
50 0.02 0 0 0 0 0 0 1 1 95 0 0 0 1 95 4750
4 30 0.13 0 0 0 0 0 0 0 0 4 4 500 0 4 500 3750
50 0.08 0 0 0 0 0 0 4 4 380 0 0 0 4 380 4750
75 0.05 1 1 45 3 3 180 0 0 0 0 0 0 0 0 4 225 4219
10 30 0.33 0 0 0 0 1 2 3 225 1 1 4 6 570 1 1 125 0 10 920 2760
50 0.20 0 0 0 0 1 2 3 225 1 1 3 5 475 2 2 250 0 10 950 4750
75 0.13 1 1 2 90 2 6 8 480 0 0 0 0 0 0 0 0 10 570 4275
25 30 0.83 0 0 1 2 1 4 240 1 1 2 4 300 3 1 3 7 665 7 7 875 3 510 25 2590 3108
50 0.50 0 0 2 1 4 7 420 2 3 5 375 2 1 4 7 665 6 6 750 0 25 2210 4420
50 30 1.67 1 1 45 2 2 4 240 3 4 2 9 675 5 3 8 16 1520 12 12 1500 8 1360 50 5340 3204
50 1.00 0 0 4 1 3 8 480 4 6 9 19 1425 1 1 13 15 1425 8 8 1000 0 50 4330 4330
100 30 3.33 0 0 7 4 11 660 6 3 9 18 1350 11 8 15 34 3230 25 25 3125 12 2040 100 10405 3122
50 2.00 3 3 135 7 5 10 22 1320 4 6 10 20 1500 6 4 25 35 3325 20 20 2500 0 100 8780 4390
400 30 13.33 4 8 12 540 10 18 8 36 2160 24 24 10 58 4350 35 29 40 104 9880 130 130 16250 60 10200 400 43380 3254
50 8.00 18 22 15 55 2475 20 20 20 60 3600 20 20 40 80 6000 16 14 95 125 11875 80 80 10000 0 400 33950 4244
Bedspaces Affordable bedspaces as % of total bedspaces Affordable Rented bedspaces as % of total affordable bedspaces
No. Density No. afford %afford No. rented % rented Total 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total % bedspaces 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total %
10 30 3 30% 2 67% 48 0 0 4 10 0 14 29% 14 0 0 4 5 0 9 64% ok low accommodation
50 3 30% 2 67% 49 0 0 4 10 0 14 29% 14 0 0 4 5 0 9 64%
25 30 9 36% 5 56% 126 0 9 8 20 0 37 29% 37 0 0 4 15 0 19 51% Ok
50 8 32% 4 50% 112 0 9 8 15 0 32 29% 32 0 6 0 10 0 16 50% ok
50 30 17 34% 8 47% 258 0 6 28 40 0 74 29% 74 0 0 12 25 0 37 50% OK
50 17 34% 9 53% 223 0 15 40 10 0 65 29% 65 0 12 16 5 0 33 51% ok
100 30 35 35% 17 49% 509 0 21 36 95 0 152 30% 152 0 0 24 55 0 79 52% 0k
50 35 35% 17 49% 447 6 36 40 50 0 132 30% 132 0 21 16 30 0 67 51% ok
400 30 152 38% 73 48% 2084 24 84 192 320 0 620 30% 620 8 30 96 175 0 309 50%
50 150 38% 74 49% 1715 80 120 160 150 0 510 30% 510 36 60 80 80 0 256 50%
Appendix 2
Wycombe District Council
From Development Capacity Study 22nd October 2013
Site area Dev area Residential Approx no. Density Open space
ha ha area ha homes per ha
Abbey Barn South 20.50 18.80 11.80 470 40 5.60
Abbey Barn North 11.30 3.90 3.00 75 25 0.90
Gomm Valley/Ashwells 1 73.90 13.30 9.40 330 35 3.90
Gomm Valley/Ashwells 2 73.90 17.50 12.40 435 35 5.10
Slate Meadow 10.30 6.30 4.30 170 40 2.00
Terriers Farm 23.00 14.50 10.30 360 35 4.20
Park Mill Farm 26.50 17.70 12.50 440 35 5.20
Longwick Road/Mill Lane 26.70 19.50 13.80 485 35 5.70
Princes Risborough growth area 155.00 71.00 2500 35 29.00
Apendix 3
Strategic sites
Assumed tenure and dwelling mix, 40% affordable bedspaces
Bedspaces 2 Bedspaces 3 Bedspaces 4 Bedspaces 5 Bedspaces 6 Bedsp 7
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
Name No.
Dwellings
Resid. site
area
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 1
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 3
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 4
bed
houses
Total
floor area
m²
Market Total
floor area
m²
Total No.
Dwgs
Total
floor area
m²
Sq m / ha
ha 46 46 46 45 67 67 67 60 75 75 75 75 88 88 88 95 106 106 106 125 170
Gomm Valley 330 9.40 24 12 36 1656 20 15 35 2345 9 18 25 52 3900 55 10 39 104 9425 3 70 73 9068 30 5100 330 31494 3350
Ashwells 1
Gomm Valley 435 12.40 40 14 54 2484 26 15 20 61 3947 32 23 37 92 6900 44 15 59 118 10797 5 70 75 9280 35 5950 435 39358 3174
Ashwells 2
Slate Meadow 170 4.30 19 6 25 1150 9 6 15 1005 22 5 12 39 2925 10 6 43 59 5493 4 23 27 3299 5 850 170 14722 3424
Terriers Farm 360 10.30 45 10 55 2530 35 25 60 4020 29 13 27 69 5175 24 8 32 64 5856 5 63 68 8405 44 7480 360 33466 3249
Park Mill Farm 440 12.50 55 25 80 3680 41 27 68 4556 37 16 24 77 5775 25 10 26 61 5550 4 90 94 11674 60 10200 440 41435 3315
Longwick Road 485 13.80 50 30 80 3680 31 35 20 86 5622 44 21 20 85 6375 37 3 50 90 8270 4 90 94 11674 50 11674 485 47295 3427
Mill Lane
Abbey 470 11.80 50 35 85 3910 32 35 25 92 5989 27 9 29 65 4875 45 9 70 124 11402 4 60 64 7924 40 6800 470 40900 3466
Barn
South
Abbey 75 3.00 10 3 13 598 7 5 12 804 7 4 11 825 4 2 5 11 1003 16 16 2000 12 2040 75 7270 2423
Barn
North
Princes Risb. 2500 71.00 255 155 410 18860 160 180 105 445 29080 225 110 105 440 33000 195 20 255 470 43145 25 455 480 59525 255 43350 2500 226960 3197
Growth Area
Name Bedspaces Affordable bedspaces as % of total bedspaces Affordable Rented bedspaces as % of total affordable bedspaces
Total 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total % bedspaces 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total %
Gomm Valley 1553 72 105 108 325 18 628 40% 628 48 60 36 275 0 419 67%
Ashwells 1
Gomm Valley 1944 108 123 220 295 30 776 40% 776 80 78 128 220 0 506 65%
Ashwells 2
Slate Meadow 743 50 45 108 80 24 307 41% 307 38 27 88 50 0 203 66%
Terriers Farm 1602 110 180 168 160 30 648 40% 648 90 105 116 120 0 431 67%
Park Mill Farm 1961 160 204 212 175 24 775 40% 775 110 123 148 125 0 506 65%
Longwick Road 2122 160 198 260 200 24 842 40% 842 100 93 176 185 0 554 66%
Abbey Barn 1990 170 201 144 270 24 809 41% 809 100 96 108 225 0 529 65%
South
Abbey Barn 341 26 36 44 30 0 136 40% 136 20 21 28 20 0 89 65%
North
Pr Risb 10930 820 1020 1340 1075 150 4405 40% 4405 510 480 900 975 0 2865 65%
growth area
Appendix 3
Strategic sites
Assumed tenure and dwelling mix, 10% affordable bedspaces
Bedspaces 2 Bedspaces 3 Bedspaces 4 Bedspaces 5
1 bed flat 2 bed flat 2 bed house 3 bed house
Name No.
Dwellings
Resid. site
area
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 1
bed flats
Total
floor
area m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed flats
Total
floor
area m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed
houses
Total
floor
area m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 3
bed
houses
Total
floor
area m²
ha 46 46 46 45 67 67 67 60 75 75 75 75 88 88 88 95
Gomm Valley 330 9.40 12 4 16 736 10 4 20 34 2138 9 7 47 63 4725 5 3 91 99 9349
Ashwells 1
Gomm Valley 435 12.40 17 6 23 1058 11 4 50 65 4005 9 8 87 104 7800 9 4 83 96 9029
Ashwells 2
Slate Meadow 170 4.30 4 2 6 276 3 3 30 36 2202 4 3 42 49 3675 4 37 41 3867
Terriers Farm 360 10.30 12 3 15 690 7 4 27 38 2357 10 7 63 80 6000 7 4 99 110 10373
Park Mill Farm 440 12.50 15 6 21 966 4 7 48 59 3617 8 5 90 103 7725 6 5 84 95 8948
Longwick Road 485 13.80 13 4 17 782 7 7 61 75 4598 6 8 98 112 8400 12 4 96 112 10528
Mill Lane
Abbey 470 11.80 18 7 32 57 2590 8 7 79 94 5745 11 4 82 97 7275 7 4 94 105 9898
Barn
South
Abbey 75 3.00 2 1 3 138 1 1 2 134 2 1 3 225 3 1 8 12 1112
Barn
North
Name Bedspaces Affordable bedspaces as % of total bedspaces Affordable Rented bedspaces as % of total affordable bedspaces
Total 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total % bedspaces 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total %
Gomm Valley 1625 32 42 64 40 0 178 11% 178 24 30 36 25 0 115 65%
Ashwells 1
Gomm Valley 2074 46 45 68 65 0 224 11% 224 34 33 36 45 0 148 66%
Ashwells 2
Slate Meadow 757 12 18 28 20 0 78 10% 78 8 9 16 20 0 53 68%
Terriers Farm 1746 30 33 68 55 0 186 11% 186 24 21 40 35 0 120 65%
Park Mill Farm 2138 42 33 52 55 42 224 10% 224 30 12 32 30 42 146 65%
Longwick Road 2343 34 42 56 80 18 230 10% 230 26 21 24 60 18 149 65%
Abbey Barn 2041 50 45 60 55 0 210 10% 210 36 24 44 35 0 139 66%
South
Abbey Barn 439 6 6 12 20 0 44 10% 44 4 3 8 15 0 30 68%
North
Appendix 3
Strategic sites
Assumed tenure and dwelling mix, 20% affordable bedspaces
Bedspaces 2 Bedspaces 3 Bedspaces 4 Bedspaces 5 Bedspaces 6 Bedsp 7
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
Name No.
Dwellings
Resid. site
area
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 1
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 3
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 4
bed
houses
Total
floor area
m²
Market Total
floor area
m²
Total No.
Dwgs
Total
floor area
m²
Sq m / ha
ha 46 46 46 45 67 67 67 60 75 75 75 75 88 88 88 95 106 106 106 125 170
Gomm Valley 330 9.40 24 10 34 1564 15 8 10 33 2141 17 6 51 74 5550 10 6 79 95 8913 2 60 62 7712 32 5440 330 31320 3332
Ashwells 1
Gomm Valley 435 12.40 32 7 39 1794 20 10 40 70 4410 15 12 63 90 6750 18 7 73 98 9135 3 85 88 10943 50 8500 435 41532 3349
Ashwells 2
Slate Meadow 170 4.30 8 3 11 506 5 4 23 32 1983 9 3 35 47 3525 7 4 30 41 3818 31 31 3875 8 1360 170 15067 3504
Terriers Farm 360 10.30 24 6 30 1380 13 10 17 40 2561 14 10 47 71 5325 17 5 83 105 9821 2 82 84 10462 30 5100 360 34649 3364
Park Mill Farm 440 12.50 24 8 32 1472 13 12 38 63 3955 17 10 70 97 7275 25 7 78 110 10226 3 85 88 10943 50 8500 440 42371 3390
Longwick Road 485 13.80 30 8 38 1748 18 10 38 66 4156 24 16 65 105 7875 19 6 93 118 11035 2 96 98 12212 60 12212 485 49238 3568
Mill Lane
Abbey 470 11.80 25 8 30 63 2868 15 14 35 64 4043 20 11 65 96 7200 20 6 80 106 9888 2 99 101 12587 40 6800 470 43386 3677
Barn
South
Abbey 75 3.00 5 2 7 322 2 3 5 335 4 3 7 525 5 1 5 11 1003 20 20 2500 25 4250 75 8935 2978
Barn
North
Name Bedspaces Affordable bedspaces as % of total bedspaces Affordable Rented bedspaces as % of total affordable bedspaces
Total 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total % bedspaces 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total %
Gomm Valley 1534 68 69 92 80 12 321 21% 321 48 45 68 50 0 211 66%
Ashwells 1
Gomm Valley 2016 78 90 108 125 18 419 21% 419 64 60 60 90 0 274 65%
Ashwells 2
Slate Meadow 753 22 27 48 55 0 152 20% 152 16 15 36 35 0 102 67%
Terriers Farm 1703 60 69 96 110 12 347 20% 347 48 39 56 85 0 228 66%
Park Mill Farm 2069 64 75 108 160 18 425 21% 425 48 39 68 125 0 280 66%
Longwick Road 2292 76 84 160 125 12 457 20% 457 60 54 96 95 0 305 67%
Abbey Barn 2118 66 87 124 130 12 419 20% 419 50 45 80 100 0 275 66%
South
Abbey Barn 407 14 15 28 30 0 87 21% 87 10 6 16 25 0 57 66%
North
Appendix 3
Strategic sites
Assumed tenure and dwelling mix, 30% affordable bedspaces
Affordable housing includes 66% rented by bedspaces.
Bedspaces 2 Bedspaces 3 Bedspaces 4 Bedspaces 5 Bedspaces 6 Bedsp 7
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
Name No.
Dwellings
Resid. site
area
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 1
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 3
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 4
bed
houses
Total
floor area
m²
Market Total
floor area
m²
Total No.
Dwgs
Total
floor area
m²
Sq m / ha
ha 46 46 46 45 67 67 67 60 75 75 75 75 88 88 88 95 106 106 106 125 170
Gomm Valley 330 9.40 30 9 39 1794 15 12 10 37 2409 16 19 30 65 4875 27 53 80 7411 5 70 75 9280 34 5780 330 31549 3356
Ashwells 1
Gomm Valley 435 12.40 40 11 51 2346 20 8 16 44 2836 26 26 50 102 7650 32 5 64 101 9336 5 75 80 9905 57 9690 435 41763 3368
Ashwells 2
Slate Meadow 170 4.30 13 4 17 782 8 2 17 27 1690 12 5 22 39 2925 11 3 29 43 3987 5 31 36 4405 8 1360 170 15149 3523
Terriers Farm 360 10.30 37 10 47 2162 20 10 9 39 2550 25 17 34 76 5700 19 5 58 82 7622 5 62 67 8280 49 8330 360 34644 3363
Park Mill Farm 440 12.50 40 12 52 2392 27 12 18 57 3693 36 15 54 105 7875 18 9 69 96 8931 5 80 85 10530 45 7650 440 41071 3286
Longwick Road 485 13.80 45 12 57 2622 21 21 20 62 4014 30 11 41 82 6150 35 11 80 126 11648 7 85 92 11367 66 11367 485 47168 3418
Mill Lane
Abbey 470 11.80 45 12 15 72 3297 20 15 25 60 3845 26 15 60 101 7575 33 9 69 111 10251 7 78 85 10492 41 6970 470 42430 3596
Barn
South
Abbey 75 3.00 7 2 9 414 3 2 5 335 6 6 7 19 1425 5 7 12 1105 20 20 2500 10 1700 75 7479 2493
Barn
North
Name Bedspaces Affordable bedspaces as % of total bedspaces Affordable Rented bedspaces as % of total affordable bedspaces
Total 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total % bedspaces 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total %
Gomm Valley 1537 78 81 140 135 30 464 30% 464 60 45 64 135 0 304 66%
Ashwells 1
Gomm Valley 2026 102 84 208 185 30 609 30% 609 80 60 104 160 0 404 66%
Ashwells 2
Slate Meadow 758 34 30 68 70 30 232 31% 232 26 24 48 55 0 153 66%
Terriers Farm 1670 94 90 168 120 30 502 30% 502 74 60 100 95 0 329 66%
Park Mill Farm 2000 104 117 204 135 30 590 30% 590 80 81 144 90 0 395 67%
Longwick Road 2272 114 126 164 230 42 676 30% 676 90 63 120 175 0 448 66%
Abbey Barn 2080 114 105 164 210 42 635 31% 635 90 60 104 165 0 419 66%
South
Abbey Barn 359 18 15 48 25 0 106 30% 106 14 9 24 25 0 72 68%
North
Appendix 3A
Strategic sites
Assumed tenure and dwelling mix, 40% affordable bedspaces
Bedspaces 2 Bedspaces 3 Bedspaces 4 Bedspaces 5 Bedspaces 6 Bedsp 7
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
Name No.
Dwellings
Resid. site
area
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 1
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 3
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 4
bed
houses
Total
floor area
m²
Market Total
floor area
m²
Total No.
Dwgs
Total
floor area
m²
Sq m / ha
ha 46 46 46 45 67 67 67 60 75 75 75 75 88 88 88 95 106 106 106 125 170
Gomm Valley 330 9.40 15 21 36 1656 14 21 35 2345 9 18 25 52 3900 41 24 39 104 9425 3 70 73 9068 30 5100 330 31494 3350
Ashwells 1
Gomm Valley 435 12.40 28 26 54 2484 20 21 20 61 3947 29 26 37 92 6900 31 28 59 118 10797 5 70 75 9280 35 5950 435 39358 3174
Ashwells 2
Slate Meadow 170 4.30 14 11 25 1150 7 8 15 1005 17 10 12 39 2925 7 9 43 59 5493 4 23 27 3299 5 850 170 14722 3424
Terriers Farm 360 10.30 29 25 54 2484 28 32 60 4020 23 20 27 70 5250 18 14 32 64 5856 5 63 68 8405 44 7480 360 33495 3252
Park Mill Farm 440 12.50 50 30 80 3680 36 32 68 4556 27 26 24 77 5775 15 20 26 61 5550 4 90 94 11674 60 10200 440 41435 3315
Longwick Road 485 13.80 40 40 80 3680 26 40 20 86 5622 30 35 20 85 6375 29 11 50 90 8270 4 90 94 11674 50 11674 485 47295 3427
Mill Lane
Abbey 470 11.80 40 45 85 3910 32 35 25 92 5989 18 18 29 65 4875 32 22 70 124 11402 4 60 64 7924 40 6800 470 40900 3466
Barn
South
Abbey 75 3.00 5 7 12 552 7 6 13 871 6 5 11 825 3 3 5 11 1003 16 16 2000 12 2040 75 7291 2430
Barn
North
Name Bedspaces Affordable bedspaces as % of total bedspaces Affordable Rented bedspaces as % of total affordable bedspaces
Total 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total % bedspaces 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total %
Gomm Valley 1553 72 105 108 325 18 628 40% 628 30 42 36 205 0 313 50%
Ashwells 1
Gomm Valley 1944 108 123 220 295 30 776 40% 776 56 60 116 155 0 387 50%
Ashwells 2
Slate Meadow 743 50 45 108 80 24 307 41% 307 28 21 68 35 0 152 50%
Terriers Farm 1604 108 180 172 160 30 650 41% 650 58 84 92 90 0 324 50%
Park Mill Farm 1961 160 204 212 175 24 775 40% 775 100 108 108 75 0 391 50%
Longwick Road 2122 160 198 260 200 24 842 40% 842 80 78 120 145 0 423 50%
Abbey Barn 1990 170 201 144 270 24 809 41% 809 80 96 72 160 0 408 50%
South
Abbey Barn 342 24 39 44 30 0 137 40% 137 10 21 24 15 0 70 51%
North
Appendix 3A
Strategic sites
Assumed tenure and dwelling mix, 10% affordable bedspaces
Bedspaces 2 Bedspaces 3 Bedspaces 4 Bedspaces 5 Bedspaces 6 Bedsp 7
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
Name No.
Dwellings
Resid. site
area
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 1
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 3
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 4
bed
houses
Total
floor area
m²
Market Total
floor area
m²
Total No.
Dwgs
Total
floor area
m²
Sq m / ha
ha 46 46 46 45 67 67 67 60 75 75 75 75 88 88 88 95 106 106 106 125 170
Gomm Valley 330 9.40 9 7 16 736 8 6 20 34 2138 7 9 47 63 4725 4 4 91 99 9349 82 82 10250 36 6120 330 33318 3544
Ashwells 1
Gomm Valley 435 12.40 13 10 23 1058 8 5 52 65 3991 7 10 87 104 7800 6 7 83 96 9029 92 92 11500 55 9350 435 42728 3446
Ashwells 2
Slate Meadow 170 4.30 3 3 6 276 2 4 30 36 2202 3 4 42 49 3675 3 1 37 41 3867 30 30 3750 8 1360 170 15130 3519
Terriers Farm 360 10.30 10 5 15 690 5 6 27 38 2357 7 10 63 80 6000 6 5 99 110 10373 87 87 10875 30 5100 360 35395 3436
Park Mill Farm 440 12.50 13 9 22 1012 3 8 48 59 3617 6 7 90 103 7725 4 8 84 96 9036 5 95 100 12405 60 10200 440 43995 3520
Longwick Road 485 13.80 9 8 17 782 5 9 61 75 4598 5 9 98 112 8400 9 7 96 112 10528 3 104 107 13318 62 13000 485 50626 3669
Mill Lane
Abbey 470 11.80 15 10 32 57 2590 6 9 79 94 5745 8 7 82 97 7275 5 6 94 105 9898 87 87 10875 30 5100 470 41483 3516
Barn
South
Abbey 75 3.00 2 1 3 138 1 1 2 134 1 2 3 225 2 2 8 12 1112 30 30 3750 25 4250 75 9609 3203
Barn
North
Name Bedspaces Affordable bedspaces as % of total bedspaces Affordable Rented bedspaces as % of total affordable bedspaces
Total 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total % bedspaces 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total %
Gomm Valley 1625 32 42 64 40 0 178 11% 178 18 24 28 20 0 90 51%
Ashwells 1
Gomm Valley 2074 46 39 68 65 0 218 11% 218 26 24 28 30 0 108 50%
Ashwells 2
Slate Meadow 757 12 18 28 20 0 78 10% 78 6 6 12 15 0 39 50%
Terriers Farm 1746 30 33 68 55 0 186 11% 186 20 15 28 30 0 93 50%
Park Mill Farm 2133 44 33 52 60 30 219 10% 219 26 9 24 20 30 109 50%
Longwick Road 2343 34 42 56 80 18 230 10% 230 18 15 20 45 18 116 50%
Abbey Barn 2041 50 45 60 55 0 210 10% 210 30 18 32 25 0 105 50%
South
Abbey Barn 439 6 6 12 20 0 44 10% 44 4 3 4 10 0 21 48%
North
Appendix 3A
Strategic sites
Assumed tenure and dwelling mix, 20% affordable bedspaces
Bedspaces 2 Bedspaces 3 Bedspaces 4 Bedspaces 5 Bedspaces 6 Bedsp 7
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
Name No.
Dwellings
Resid. site
area
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 1
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 3
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 4
bed
houses
Total
floor area
m²
Market Total
floor area
m²
Total No.
Dwgs
Total
floor area
m²
Sq m / ha
ha 46 46 46 45 67 67 67 60 75 75 75 75 88 88 88 95 106 106 106 125 170
Gomm Valley 330 9.40 18 16 34 1564 11 12 10 33 2141 13 10 51 74 5550 8 8 79 95 8913 2 60 62 7712 32 5440 330 31320 3332
Ashwells 1
Gomm Valley 435 12.40 22 17 39 1794 15 15 40 70 4410 13 14 63 90 6750 14 11 73 98 9135 3 85 88 10943 50 8500 435 41532 3349
Ashwells 2
Slate Meadow 170 4.30 7 4 11 506 3 6 23 32 1983 7 5 35 47 3525 5 6 30 41 3818 31 31 3875 8 1360 170 15067 3504
Terriers Farm 360 10.30 20 10 30 1380 10 13 17 40 2561 11 13 47 71 5325 12 10 83 105 9821 2 82 84 10462 30 5100 360 34649 3364
Park Mill Farm 440 12.50 19 13 32 1472 11 14 38 63 3955 13 14 70 97 7275 18 14 78 110 10226 3 85 88 10943 50 8500 440 42371 3390
Longwick Road 485 13.80 21 17 38 1748 14 14 38 66 4156 20 20 65 105 7875 13 12 93 118 11035 2 96 98 12212 60 12212 485 49238 3568
Mill Lane
Abbey 470 11.80 20 13 30 63 2868 12 17 35 64 4043 15 16 65 96 7200 15 11 80 106 9888 2 99 101 12587 40 6800 470 43386 3677
Barn
South
Abbey 75 3.00 5 2 7 322 2 3 5 335 3 4 7 525 3 3 5 11 1003 20 20 2500 25 4250 75 8935 2978
Barn
North
Name Bedspaces Affordable bedspaces as % of total bedspaces Affordable Rented bedspaces as % of total affordable bedspaces
Total 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total % bedspaces 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total %
Gomm Valley 1534 68 69 92 80 12 321 21% 321 36 33 52 40 0 161 50%
Ashwells 1
Gomm Valley 2016 78 90 108 125 18 419 21% 419 44 45 52 70 0 211 50%
Ashwells 2
Slate Meadow 753 22 27 48 55 0 152 20% 152 14 9 28 25 0 76 50%
Terriers Farm 1703 60 69 96 110 12 347 20% 347 40 30 44 60 0 174 50%
Park Mill Farm 2069 64 75 108 160 18 425 21% 425 38 33 52 90 0 213 50%
Longwick Road 2292 76 84 160 125 12 457 20% 457 42 42 80 65 0 229 50%
Abbey Barn 2118 66 87 124 130 12 419 20% 419 40 36 60 75 0 211 50%
South
Abbey Barn 407 14 15 28 30 0 87 21% 87 10 6 12 15 0 43 49%
North
Appendix 3A
Strategic sites
Assumed tenure and dwelling mix, 30% affordable bedspaces
Affordable housing includes 50% rented by bedspaces.
Bedspaces 2 Bedspaces 3 Bedspaces 4 Bedspaces 5 Bedspaces 6 Bedsp 7
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
Name No.
Dwellings
Resid. site
area
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 1
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed flats
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 2
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 3
bed
houses
Total
floor area
m²
Social
Rent
Afford
Rent
Shared
Ownership
Market Total 4
bed
houses
Total
floor area
m²
Market Total
floor area
m²
Total No.
Dwgs
Total
floor area
m²
Sq m / ha
ha 46 46 46 45 67 67 67 60 75 75 75 75 88 88 88 95 106 106 106 125 170
Gomm Valley 330 9.40 21 18 39 1794 12 15 10 37 2409 14 21 30 65 4875 20 7 53 80 7411 5 70 75 9280 34 5780 330 31549 3356
Ashwells 1
Gomm Valley 435 12.40 35 16 51 2346 17 11 16 44 2836 20 32 50 102 7650 21 16 64 101 9336 5 75 80 9905 57 9690 435 41763 3368
Ashwells 2
Slate Meadow 170 4.30 9 8 17 782 6 4 17 27 1690 10 7 22 39 2925 8 6 29 43 3987 5 31 36 4405 8 1360 170 15149 3523
Terriers Farm 360 10.30 27 18 45 2070 16 14 9 39 2550 21 21 34 76 5700 13 11 58 82 7622 5 62 67 8280 49 8330 358 34552 3355
Park Mill Farm 440 12.50 29 23 52 2392 20 19 18 57 3693 27 24 54 105 7875 14 13 69 96 8931 5 80 85 10530 45 7650 440 41071 3286
Longwick Road 485 13.80 34 23 57 2622 21 21 20 62 4014 20 21 41 82 6150 26 20 80 126 11648 7 85 92 11367 66 11367 485 47168 3418
Mill Lane
Abbey 470 11.80 34 23 15 72 3297 18 17 25 60 3845 22 19 60 101 7575 22 20 69 111 10251 7 78 85 10492 41 6970 470 42430 3596
Barn
South
Abbey 75 3.00 6 3 9 414 2 3 5 335 5 7 7 19 1425 3 2 7 12 1105 20 20 2500 10 1700 75 7479 2493
Barn
North
Name Bedspaces Affordable bedspaces as % of total bedspaces Affordable Rented bedspaces as % of total affordable bedspaces
Total 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total % bedspaces 1 b flat aff 2b flat aff 2b hse aff 3b hse aff 4b hse aff Total %
Gomm Valley 1537 78 81 140 135 30 464 30% 464 42 36 56 100 0 234 50%
Ashwells 1
Gomm Valley 2026 102 84 208 185 30 609 30% 609 70 51 80 105 0 306 50%
Ashwells 2
Slate Meadow 758 34 30 68 70 30 232 31% 232 18 18 40 40 0 116 50%
Terriers Farm 1666 90 90 168 120 30 498 30% 498 54 48 84 65 0 251 50%
Park Mill Farm 2000 104 117 204 135 30 590 30% 590 58 60 108 70 0 296 50%
Longwick Road 2272 114 126 164 230 42 676 30% 676 68 63 80 130 0 341 50%
Abbey Barn 2080 114 105 164 210 42 635 31% 635 68 54 88 110 0 320 50%
South
Abbey Barn 359 18 15 48 25 0 106 30% 106 12 6 20 15 0 53 50%
North
Wycombe District Council
Property Values Research
RESALES
Average Asking Prices Analysis
Rank Settlement 1 Bed Flats 2 Bed Flats 2 Bed House
3 Bed
House
4 Bed
House
5 Bed House All Properties
1 Bourne End - - - - £575,000 - £575,000
2 Monks Risborough - - - £425,000 £650,000 - £537,500
3 Hazlemere £180,000 £317,990 - £374,975 £629,975 £937,500 £457,486
4 Marlow £215,000 £265,000 £325,000 - £895,000 - £425,000
5 Wooburn Green - £300,000 - £317,950 £427,450 - £354,570
6 West Wycombe - £233,950 - - £410,000 - £351,317
7 Flackwell Heath - £299,950 - - - - £299,950
8 Princes Risborough - £254,975 £260,000 £348,283 - - £290,594
9 Stokenchurch - - - £265,000 - - £265,000
10 Loudwater £202,475 £210,988 £199,950 £315,000 £422,500 - £260,885
11 High Wycombe £149,347 £187,749 £223,829 £313,925 £369,525 £512,475 £242,329
- Overall £160,008 £215,545 £235,175 £331,948 £437,491 £724,988 £287,962
Average Asking Price Analysis
1 Bed Flat - £160,008
2 Bed Flat - £215,545
2 Bed House
Terraced £226,970
Semi-Detached £243,380
Detached -
3 Bed House
Terraced £320,561
Semi-Detached £332,479
Detached £380,000
4 Bed House
Terraced £336,127
Semi-Detached £895,000
Detached £481,323
5 Bed House
Terraced -
Semi-Detached -
Detached £724,988
Average Floor Areas Analysis
Rank Settlement 1 Bed Flats 2 Bed Flats 2 Bed House
3 Bed
House
4 Bed
House
5 Bed House All Properties
1 Bourne End 160.8 160.8
2 West Wycombe 158.0 158.0
3 Monks Risborough 123.0 178.0 150.5
4 Hazlemere 96.5 116.9 154.5 194.0 124.7
5 Stokenchurch 100.0 100.0
6 Marlow 61.0 74.0 164.0 99.7
7 Princes Risborough 69.8 98.7 82.1
8 Loudwater 55.0 66.2 64.0 139.0 78.1
9 Wooburn Green 75.1 87.0 74.6 77.9
10 High Wycombe 45.0 60.7 63.0 101.7 129.3 191.6 76.2
11 Flackwell Heath 72.4 72.4
- Overall 46.0 66.8 65.4 103.6 139.7 192.8 87.6
Average Floor Area Analysis
1 Bed Flat - 46.0
2 Bed Flat - 66.8
2 Bed House
Terraced 63.6
Semi-Detached 68.1
Detached -
3 Bed House
Terraced 109.2
Semi-Detached 98.2
Detached 103.0
4 Bed House
Terraced 130.4
Semi-Detached 164.0
Detached 142.9
5 Bed House
Terraced -
Semi-Detached -
Detached 192.8
Resales – Detail
Address Description Asking Price Less 5% Size (m2)
Price per
m2
Developer/
Agent
Monks Risborough
3 Bed Detached Houses
St Dunstans Close,
Monks Risborough,
HP27 9BN
3 bed detached £425,000 £403,750 123.0 £3,283
Bonners &
Babingtons
4 Bed Detached Houses
St Dunstans Close,
Monks Risborough
4 bed detached £650,000 £617,500 178.0 £3,469 Hamptons
Address Description Asking Price Less 5% Size (m2)
Price per
m2
Developer/
Agent
Princes Risborough
2 Bed Flats
6 Midsummer Place,
Station Road, Princes
Risborough
2 bed flat £299,950 £284,953 70.5 £4,040
Tim Russ &
Company
2 Midsummer Place,
Station Road, Princes
Risborough
2 bed flat £289,950 £275,453 77.5 £3,553
Tim Russ &
Company
Princes Risborough,
Buckinghamshire
2 bed duplex flat £220,000 £209,000 72.0 £2,903 Julian Carthew
Lacemakers Court,
Princes Risborough
2 bed flat £210,000 £199,500 59.0 £3,381
The JNP
Partnership
2 Bed Semi Detached Houses
Parkfield Rise, Princes
Risborough
2 bed semi
detached
£260,000 £247,000 67.7 £3,648
The JNP
Partnership
3 Bed Semi Detached Houses
11 Parkfield Rise,
Princes Risborough,
HP27 0DW
3 bed semi
detached
£389,950 £370,453 90.0 £4,116
Tim Russ &
Company
Chairmakers Close,
Princes Risborough,
HP27 9BW
3 bed semi
detached
£364,950 £346,703 109.0 £3,181
Bonners &
Babingtons
Claydons Place,
Longwick
3 bed semi
detached
£289,950 £275,453 81.0 £3,401
Bonners &
Babingtons
Address Description Asking Price Less 5% Size (m2)
Price per
m2
Developer/
Agent
Stokenchurch
3 Bed Semi Detached Houses
1 George Road,
Stokenchurch
3 bed semi
detached
£265,000 £251,750 100.0 £2,518
Andrew
Milsom &
Partners
Address Description Asking Price Less 5% Size (m2)
Price per
m2
Developer/
Agent
Hazlemere
1 Bed Flats
The Cedars,
Hazlemere, Bucks,
HP15
1 bed flat £180,000 £171,000
Hurst Estate
Agents
2 Bed Flats
The Water Gardens,
Hazlemere
2 bed flat £425,000 £403,750 108.0 £3,738
Tim Russ &
Company
The Water Gardens,
De Havilland Drive,
Hazlemere, High
Wycombe
2 bed flat £385,000 £365,750 112.0 £3,266
The JNP
Partnership
The Water Gardens,
De Havilland Drive,
Hazlemere, High
Wycombe
2 bed flat £295,000 £280,250 104.0 £2,695
The JNP
Partnership
The Gatehouse Cedar
Avenue, Hazlemere,
High Wycombe
2 bed flat £215,000 £204,250
The JNP
Partnership
Stretton Close, Penn,
High Wycombe
2 bed flat £269,950 £256,453 62.0 £4,136
The JNP
Partnership
3 Bed Semi Detached Houses
Grange View,
Amersham Road,
Hazlemere, High
Wycombe
3 bed semi
detached
£389,950 £370,453 107.0 £3,462
The JNP
Partnership
Roberts Ride,
Hazlemere, High
Wycombe
3 bed semi
detached
£345,000 £327,750
The JNP
Partnership
Kingshill Road, High
Wycombe
3 bed semi
detached
£345,000 £327,750 Connells
3 Bed Terrace Houses
De Havilland Drive,
Hazlemere, HP15
3 bed terrace £419,950 £398,953 126.7 £3,150
The Frost
Partnership
4 Bed Detached Houses
The Paddocks, North
Road, Widmer End,
Bucks, HP15
4 bed detached £830,000 £788,500 189.0 £4,172
Hurst Estate
Agents
4 Bed Terrace Houses
17 Havilland Drive,
Hazlemere
4 bed terrace £429,950 £408,453 120.0 £3,404
Ashington
Page
5 Bed Detached Houses
5 De Pirenore,
Hazlemere
5 bed detached £950,000 £902,500 194.0 £4,652
Tim Russ &
Company
De Pirenore,
Hazlemere, High
Wycombe
5 bed detached £925,000 £878,750
The JNP
Partnership
Address Description Asking Price Less 5% Size (m2)
Price per
m2
Developer/
Agent
West Wycombe
2 Bed Flats
Copperfields, West
Wycombe Road, HP12
2 bed flat £233,950 £222,253
The Frost
Partnership
4 Bed Detached Houses
Beechwood Road 4 bed detached £425,000 £403,750 158.0 £2,555
The JNP
Partnership
Beechwood Road,
High Wycombe
4 bed detached £395,000 £375,250 158.0 £2,375
The JNP
Partnership
Address Description Asking Price Less 5% Size (m2)
Price per
m2
Developer/
Agent
High Wycombe
1 Bed Flats
Penhurst House Sierra
Road, High Wycombe
1 bed flat £165,000 £156,750 39.5 £3,968
The JNP
Partnership
Corporation Street,
High Wycombe
1 bed flat £165,000 £156,750
Wye
Residential
Sierra Road, High
Wycombe
1 bed flat £162,500 £154,375 45.5 £3,393
The JNP
Partnership
Carolines Court,
Redkite Close, High
Wycombe, HP13
1 bed flat £159,950 £151,953 62.0 £2,451
The Frost
Partnership
High Wycombe,
Buckinghamshire
1 bed flat £159,950 £151,953 39.6 £3,837 Chancellors
Wye Gardens, Fryers
Lane, High Wycombe
1 bed flat £157,500 £149,625 48.9 £3,060
Crendon
House Estate
Agents
Princes Gate, High
Wycombe, Bucks,
HP13
1 bed flat £150,000 £142,500 50.0 £2,850
Hurst Estate
Agents
Tadros Court, High
Wycombe
1 bed flat £149,950 £142,453 46.0 £3,097
The JNP
Partnership
Tadros Court, High
Wycombe
1 bed flat £147,500 £140,125
The JNP
Partnership
High Wycombe,
Buckinghamshire
1 bed flat £145,000 £137,750 39.1 £3,523 Chancellors
Rollings House,
Wrights Meadow
Road, High Wycombe
1 bed flat £142,950 £135,803 34.0 £3,994
The JNP
Partnership
Victoria Street, High
Wycombe, Bucks,
HP11
1 bed flat £140,000 £133,000
Hurst Estate
Agents
Booker Lane, High
Wycombe, Bucks,
HP12
1 bed flat £139,950 £132,953
Hurst Estate
Agents
Temple End, High
Wycombe, Bucks,
HP13
1 bed flat £135,000 £128,250
Hurst Estate
Agents
Temple End, High
Wycombe
1 bed flat £119,950 £113,953
Wye
Residential
2 Bed Flats
High Wycombe,
Buckinghamshire
2 bed flat £250,000 £237,500 78.8 £3,014 Chancellors
Sierra Road, High
Wycombe
2 bed flat £217,500 £206,625 67.0 £3,084
The JNP
Partnership
Downley, High
Wycombe
2 bed flat £215,000 £204,250 84.4 £2,420 Chancellors
John North Close, High
Wycombe, Bucks,
HP11
2 bed flat £210,000 £199,500 58.0 £3,440
Hurst Estate
Agents
Sierra Road, High
Wycombe
2 bed flat £210,000 £199,500
The JNP
Partnership
Kingshill Crescent,
High Wycombe
2 bed flat £209,950 £199,453 73.6 £2,710
Wye
Residential
High Wycombe,
Buckinghamshire
2 bed flat £205,000 £194,750 59.7 £3,262 Chancellors
Skyline Mews, High
Wycombe
2 bed flat £204,950 £194,703
Wye
Residential
John North Close, High
Wycombe
2 bed flat £199,950 £189,953 Connells
Princes Gate, High
Wycombe
2 bed flat £199,950 £189,953 65.0 £2,922 Connells
Millers Crescent,
London Road, High
Wycombe
2 bed flat £199,950 £189,953
Crendon
House Estate
Agents
Simmonds Court,
Spring Gardens Road,
High Wycombe
2 bed flat £199,950 £189,953 60.0 £3,166
The JNP
Partnership
High Wycombe,
Buckinghamshire
2 bed flat £187,500 £178,125 60.0 £2,969 Chancellors
High Wycombe,
Buckinghamshire
2 bed flat £187,500 £178,125 60.1 £2,964 Connells
Princes Gate, High
Wycombe
2 bed flat £185,000 £175,750 61.5 £2,858 Chancellors
High Wycombe,
Buckinghamshire
2 bed flat £185,000 £175,750 61.3 £2,867 Connells
High Wycombe,
Buckinghamshire
2 bed flat £184,950 £175,703 61.0 £2,880 Chancellors
Tadros Court, High
Wycombe
2 bed flat £180,000 £171,000 Chancellors
Amersham Road, High
Wycombe, Bucks,
HP13
2 bed flat £180,000 £171,000
Hurst Estate
Agents
High Wycombe,
Buckinghamshire
2 bed flat £179,950 £170,953 52.5 £3,256 Chancellors
Moonstone Court,
High Wycombe
2 bed flat £179,950 £170,953
Wye
Residential
Fryers Lane, High
Wycombe, Bucks,
HP12
2 bed flat £175,000 £166,250 49.0 £3,393
Hurst Estate
Agents
High Wycombe,
Buckinghamshire
2 bed flat £175,000 £166,250 52.8 £3,149 Chancellors
West End Road, High
Wycombe, Bucks,
HP11
2 bed flat £175,000 £166,250
Hurst Estate
Agents
High Wycombe,
Buckinghamshire
2 bed flat £175,000 £166,250 50.7 £3,279 Chancellors
High Wycombe,
Buckinghamshire
2 bed flat £174,950 £166,203
Wye
Residential
Tom Evans Court, High
Wycombe
2 bed flat £174,950 £166,203 48.1 £3,455
Crendon
House Estate
Agents
High Wycombe,
Buckinghamshire
2 bed flat £172,500 £163,875 59.1 £2,773 Chancellors
Princes Gate, High
Wycombe
2 bed flat £171,950 £163,353 50.6 £3,228
Crendon
House Estate
Agents
Dovecot Road, High
Wycombe, Bucks,
HP13
2 bed flat £170,000 £161,500
Hurst Estate
Agents
Peatey Court Princes
Gate, High Wycombe
2 bed flat £169,950 £161,453 68.0 £2,374
The JNP
Partnership
Town Centre, High
Wycombe
2 bed flat £169,950 £161,453 58.6 £2,755
Crendon
House Estate
Agents
Peatey Court Princes
Gate, High Wycombe
2 bed flat £169,950 £161,453
The JNP
Partnership
Ryemead Boulevard,
High Wycombe
2 bed flat £169,950 £161,453 53.0 £3,046
The JNP
Partnership
Desborough Road,
High Wycombe, Bucks,
HP11
2 bed flat £155,000 £147,250 65.0 £2,265
Hurst Estate
Agents
2 Bed Semi Detached Houses
Fair Ridge, High
Wycombe
2 bed semi
detached
£217,000 £206,150
Thompson
Wilson
Hampden Way, High
Wycombe
2 bed semi
detached
£214,950 £204,203
Wye
Residential
Hodges Mews, High
Wycombe
2 bed semi
detached
£199,950 £189,953 62.1 £3,059 Emoov.co.uk
2 Bed Terrace Houses
Cressex Close, Booker,
High Wycombe, HP12
2 bed terrace £269,950 £256,453
Wye
Residential
Sierra Road, High
Wycombe
2 bed terrace £259,950 £246,953 71.7 £3,444
The JNP
Partnership
Fair Ridge, High
Wycombe
2 bed terrace £220,000 £209,000
Thompson
Wilson
High Wycombe,
Buckinghamshire
2 bed terrace £185,000 £175,750 55.1 £3,190 Chancellors
3 Bed Detached Houses
School Close,
Downley, High
Wycombe
3 bed detached £335,000 £318,250 83.0 £3,834
The JNP
Partnership
3 Bed Semi Detached Houses
Templeside Gardens,
High Wycombe
3 bed semi
detached
£375,000 £356,250
The JNP
Partnership
Kingshill Road, High
Wycombe
3 bed semi
detached
£345,000 £327,750 Connells
Milton Place, High
Wycombe
3 bed semi
detached
£285,000 £270,750
The JNP
Partnership
Milton Place, High
Wycombe
3 bed semi
detached
£279,950 £265,953 86.0 £3,092
The JNP
Partnership
3 Bed Terrace Houses
Kingshill Grange, High
Wycombe
3 bed terrace £339,950 £322,953 108.0 £2,990
Crendon
House Estate
Agents
High Wycombe,
Buckinghamshire
3 bed terrace £325,000 £308,750 124.2 £2,486 Chancellors
Wellesbourne
Crescent, High
Wycombe, Bucks,
HP13
3 bed terrace £325,000 £308,750 119.0 £2,595
Hurst Estate
Agents
Princes Gate, High
Wycombe
3 bed terrace £299,950 £284,953
Wye
Residential
Copperfields, High
Wycombe
3 bed terrace £297,250 £282,388 90.0 £3,138
The JNP
Partnership
Princes Gate, High
Wycombe, Bucks,
HP13
3 bed terrace £280,000 £266,000
Hurst Estate
Agents
Plomer Hill, High
Wycombe
3 bed terrace £280,000 £266,000 Connells
4 Bed Detached Houses
Naphill, High
Wycombe,
Buckinghamshire
4 bed detached £575,000 £546,250 152.8 £3,575
Tim Russ &
Company
Kingshill Road, High
Wycombe
4 bed detached £500,000 £475,000 Connells
Kingshill Crescent,
High Wycombe, Bucks,
HP13
4 bed detached £500,000 £475,000
Hurst Estate
Agents
Naphill, High
Wycombe,
Buckinghamshire
4 bed detached £450,000 £427,500 123.0 £3,476
Tim Russ &
Company
Booker Place, High
Wycombe
4 bed detached £340,000 £323,000
The JNP
Partnership
Booker Place, High
Wycombe
4 bed detached £320,000 £304,000
Thompson
Wilson
Windrush Drive, High
Wycombe,
Buckinghamshire
4 bed detached £309,950 £294,453 96.0 £3,067
Robertsons
Estate Agents
4 Bed Terrace Houses
Naphill, High
Wycombe,
Buckinghamshire
4 bed terrace £450,000 £427,500 140.0 £3,054
Wynyard-
Wright & Ellis
Princes Gate, High
Wycombe
4 bed terrace £315,000 £299,250
The JNP
Partnership
John North Close, High
Wycombe
4 bed terrace £315,000 £299,250 Connells
High Wycombe,
Buckinghamshire
4 bed terrace £314,950 £299,203 115.5 £2,590 Chancellors
Rosebery Avenue,
High Wycombe
4 bed terrace £312,500 £296,875
Wye
Residential
Princes Gate, High
Wycombe, Bucks,
HP13
4 bed terrace £310,000 £294,500
Hurst Estate
Agents
Rosebery Mews, High
Wycombe, Bucks,
HP13
4 bed terrace £310,000 £294,500 119.0 £2,475
Hurst Estate
Agents
Princes Gate, High
Wycombe
4 bed terrace £305,000 £289,750 137.0 £2,115 Emoov.co.uk
The Roperies, High
Wycombe
4 bed terrace £285,000 £270,750 151.0 £1,793
The JNP
Partnership
5 Bed Detached Houses
Kingshill Grange, High
Wycombe
5 bed detached £525,000 £498,750 191.6 £2,603 Chancellors
Naphill, High
Wycombe,
Buckinghamshire
5 bed detached £499,950 £474,953
Wynyard-
Wright & Ellis
Address Description Asking Price Less 5% Size (m2)
Price per
m2
Developer/
Agent
Loudwater
1 Bed Flats
Loudwater, High
Wycombe
1 bed flat £215,000 £204,250
Ashington
Page
The Sidings,
Kingsmead Road,
Wycombe, HP11
1 bed flat £189,950 £180,453 55.0 £3,281 Winkworth
2 Bed Flats
Wodan House, Folleys
Place, Loudwater,
HP10
2 bed flat £250,000 £237,500 73.4 £3,236
The Frost
Partnership
Freer Crescent, High
Wycombe
2 bed flat £199,950 £189,953 Connells
Freer Crescent, High
Wycombe
2 bed flat £199,500 £189,525
Thompson
Wilson
High Wycombe,
Buckinghamshire
2 bed flat £194,500 £184,775 58.9 £3,137 Chancellors
2 Bed Terrace Houses
10 Rivers Edge,
Kingsmead Road,
Loudwater, High
Wycombe, HP11 1XA
2 bed terrace £199,950 £189,953 64.0 £2,968
Andrew
Milsom &
Partners
3 Bed Semi Detached Houses
Apple Tree Close, High
Wycombe, Bucks,
HP13
3 bed semi
detached
£315,000 £299,250
Hurst Estate
Agents
4 Bed Detached Houses
Loudwater, High
Wycombe
4 bed detached £495,000 £470,250 139.0 £3,383
Ashington
Page
4 Bed Terrace Houses
Loudwater, High
Wycombe
4 bed terrace £350,000 £332,500
Wye
Residential
Address Description Asking Price Less 5% Size (m2)
Price per
m2
Developer/
Agent
Wooburn Green
2 Bed Flats
The Mill, Coaters Lane,
Wooburn Green, HP10
2 bed flat £350,000 £332,500 86.0 £3,866
The Frost
Partnership
Walnut Mews,
Wooburn Green, HP10
2 bed flat £250,000 £237,500 64.1 £3,705
The Frost
Partnership
3 Bed Terrace Houses
Doreen Cottages,
Holtspur Lane,
Wooburn Green, HP10
3 bed terrace £317,950 £302,053 87.0 £3,472
The Frost
Partnership
4 Bed Detached Houses
Patterson Court,
Wooburn Green, HP10
4 bed detached £469,950 £446,453
The Frost
Partnership
Watery Lane,
Wooburn Green
4 bed detached £384,950 £365,703 74.6 £4,903
Andrew
Milsom &
Partners
Address Description Asking Price Less 5% Size (m2)
Price per
m2
Developer/
Agent
Marlow
1 Bed Flats
33 Grainger House,
Findlay Mews,
Marlow, SL7 1AP
1 bed flat £215,000 £204,250
Simmons &
Sons
2 Bed Flats
Grainger House,
Findlay Mews,
Marlow,
Buckinghamshire, SL7
2 bed flat £265,000 £251,750 61.0 £4,127
Hamptons
International
2 Bed Semi Detached Houses
Crown Place, Crown
Lane, Marlow
2 bed semi
detached
£325,000 £308,750 74.0 £4,172
Andrew
Milsom &
Partners
4 Bed Semi Detached Houses
Quoitings Drive,
Marlow,
Buckinghamshire, SL7
4 bed semi
detached
£895,000 £850,250 164.0 £5,184
Hamptons
International
Address Description Asking Price Less 5% Size (m2)
Price per
m2
Developer/
Agent
Bourne End
4 Bed Detached Houses
Bourne End,
Buckinghamshire
4 bed detached £575,000 £546,250 160.8 £3,397 Hunt and Nash
Address Description Asking Price Less 5% Size (m2)
Price per
m2
Developer/
Agent
Flackwell Heath
2 Bed Flats
Fernlea Gardens,
Straight Bit, Flackwell
Heath, HP10
2 bed flat £299,950 £284,953 72.4 £3,936
The Frost
Partnership
Source: www.rightmove.co.uk November 2013
Appendix 5
Wycombe District Council
Newbuild sales research. Figures represent asking prices
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
Development Area sqm Price Price/sqm Area sqm Price Price/sqm Area sqm Price Price/sqm Area sqm Price Price/sqm Area sqm Price Price/sqm Area sqm Price Price/sqm
Taylor Wimpey
Kingshill Grange
High Wycombe
Bledlow 3 storey 166.76 £590,000 £3,538
Widmer 2 storey 139.17 £495,000 £3,557
Turville semi 2 st 121.20 £440,000 £3,630
104.00 £450,000 £4,327
Catalyst
Waterside
High Wycombe
Plot 80 balcony 61.22 £209,950 £3,429
Plot 83 balcony 61.22 £209,950 £3,429
Plot 84 balcony 62.43 £209,950 £3,363
Plot 85 balcony 62.34 £209,950 £3,368
Plot 86 terrace 77.48 £229,950 £2,968
Plot 87 terrace 78.50 £229,950 £2,929
Westfield 69.5 £239,950 £3,453
Wainscot 3 st 119.38 £349,950 £2,931
Wassily 3 st 112.69 £339,950 £3,017
Wassily 3 st 112.69 £339,950 £3,017
Wicker 3 st 112.13 £339,950 £3,032
Wassily 3 st 112.69 £339,950 £3,017
Wainscot 3 st 119.38 £359,950 £3,015
St James
Wye Dene
High Wycombe
513 patio and space 44.68 £175,000 £3,917
534 patio and space 59.76 £210,000 £3,514
539 balcony and space 69.38 £230,000 £3,315
524 balcony and space 58.03 £215,000 £3,705
545 balcony and garage 78.5 £265,000 £3,376
503 terraced and space
504 terraced and space
501 3 st and garage 108.12 £348,500 £3,223
506 3 st and garage 108.12 £347,500 £3,214
566 3 st and garage 108.12 £365,000 £3,376
189 3 st and garage 108.12 £360,000 £3,330
195 3 st and garage 108.12 £365,000 £3,376
183 3 st and garage 143.55 £420,000 £2,926
512 3 st and garage 133.36 £385,000 £2,887
511 3 st and garage 138.55 £420,000 £3,031
Appendix 5 Appendix 5
Wycombe District Council
Newbuild sales research. Figures represent asking prices
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
Development Area sqm Price Price/sqm Area sqm Price Price/sqm Area sqm Price Price/sqm Area sqm Price Price/sqm Area sqm Price Price/sqm Area sqm Price Price/sqm
Hamilton View 108 £329,500 £3,051
High Wycombe
Tucker Close 169 £695,000 £4,112
Amersham Hill Drive
High Wycombe
Rye View 132 £550,000 £4,167
High Wycombe
Chairborough Court 59.3 £169,950 £2,866
High Wycombe
Miller Homes 160 510000 £3,188
Aspect 118.2 439000 £3,714
Downley
Appendix 5
Wycombe District Council
Newbuild sales research. Figures represent asking prices
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
Development Area sqm Price Price/sqm Area sqm Price Price/sqm Area sqm Price Price/sqm Area sqm Price Price/sqm Area sqm Price Price/sqm Area sqm Price Price/sqm
Peel 177 795000 £4,492
Cliveden Grange
Marlow
Grainger House 61 259950 £4,261
Findlay Mews
Marlow
Ellery Rise 102 475000 £4,657
Frieth
Wycombe Road
Stokenchurch 3 st 134.7 469950 £3,489
Diamond Court 42 180000 £4,286 60 275000 £4,583
Hazlemere
Persimmon 80 £364,950 £4,562 130 £474,950 £3,653
Marbourne Chase 111 £474,950 £4,279 125.7 £464,950 £3,699
Lane End 85.63 £344,950 £4,028
84.15 £394,950 £4,693
Appendix 5
Wycombe District Council
Newbuild sales research. Figures represent asking prices
1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
Development Area sqm Price Price/sqm Area sqm Price Price/sqm Area sqm Price Price/sqm Area sqm Price Price/sqm Area sqm Price Price/sqm Area sqm Price Price/sqm
Hamilton View 108 £329,500 £3,051
High Wycombe
Tucker Close 169 £695,000 £4,112
Amersham Hill Drive
High Wycombe
Rye View 132 £550,000 £4,167
High Wycombe
Chairborough Court 59.3 £169,950 £2,866
High Wycombe
Miller Homes 160 £510,000 £3,188
Aspect 118.2 £439,000 £3,714
Downley
Howarth Homes 58.5 £315,000 £5,385 79 £349,950 £4,430
Bledlow Ridge
Studley Green 188.4 £685,000 £3,636
142.9 £495,000 £3,464
Furlong Road 120 £625,000 £5,208
Bourne End
Ridings Cottages 84 399000 £4,750
Holmer Green
Watchet Lane 175.8 525000 £2,986
Holmer Green
Prestwood 3 floors 138 £450,000 £3,261
Prestwood 67 £285,000 £4,254
Appendix 6
Wycombe District Council
Value Points Table November 2013
Table of values for market housing and affordable at different Value Points (VP)
Shared ownership 50% sale
Affordable rent 65% market rent
Fall in sales Stokenchurch Bourne End Remaining Rise in sales
values by 5% High Wycombe Princes Ris- areas values by 10%
borough Marlow
Type Area sq m VP1 Values VP2 Values VP3 Values VP4 Values VP5 Values
per sq m per sq m per sq m per sq m per sq m
1 bed flat 45 Market sale £157,143 £3,492 £165,000 £3,667 £195,000 £4,333 £195,000 £4,333 £214,500 £4,767
46 Shared ownership 50% sold £108,512 £113,938 £134,654 £134,654 £148,119
46 Affordable rent 65% market £67,399 £70,769 £78,480 £78,480 £86,328
46 Social Rent
2 bed flat 60 Market sale £190,476 £3,175 £200,000 £3,333 £250,000 £4,167 £250,000 £4,167 £275,000 £4,583
67 Shared ownership 50% sold £131,530 £138,107 £172,634 £172,634 £189,897
67 Affordable rent 65% market £80,082 £84,086 £99,499 £99,499 £109,449
67 Social Rent
2 bed house 75 Market sale £221,905 £2,959 £233,000 £3,107 £310,000 £4,133 £350,000 £4,667 £385,000 £5,133
75 Shared ownership 50% sold £153,233 £160,895 £214,066 £214,066 £235,473
75 Affordable rent 65% market £95,430 £100,201 £118,419 £118,419 £130,261
75 Social Rent
3 bed house 95 Market sale £280,000 £2,947 £294,000 £3,095 £390,000 £4,105 £410,000 £4,316 £451,000 £4,747
90 Shared ownership 50% sold £193,350 £203,018 £269,309 £269,309 £296,240
90 Affordable rent 65% market £120,119 £126,125 £142,244 £142,244 £156,468
90 Social Rent
4 bed house 125 Market sale £371,429 £2,971 £390,000 £3,120 £475,000 £3,800 £485,000 £3,880 £533,500 £4,268
106 Shared ownership 50% sold n/a n/a n/a n/a n/a
106 Affordable rent 65% market £155,489 £163,263 £168,168 £168,168 £184,985
106 Social Rent
5 bed house 170 £523,810 £3,081 £550,000 £3,235 £650,000 £3,824 £650,000 £3,824 £715,000 £4,206
Appendix 6
Wycombe District Council
Value Points Table November 2013
Table of values for market housing and affordable at different Value Points (VP)
Shared ownership 40% sale
Affordable rent 65% market rent
Fall in sales Stokenchurch Bourne End Remaining Rise in sales
values by 5% High Wycombe Princes Ris- areas values by 10%
borough Marlow
Type Area sq m VP1 Values VP2 Values VP3 Values VP4 Values VP5 Values
per sq m per sq m per sq m per sq m per sq m
1 bed flat 45 Market sale £157,143 £3,492 £165,000 £3,667 £195,000 £4,333 £195,000 £4,333 £214,500 £4,767
46 Shared ownership 40% sold £98,787 £103,726 £122,585 £122,585 £134,844
46 Affordable rent 65% market £67,399 £70,769 £78,480 £78,480 £86,328
46 Social Rent
2 bed flat 60 Market sale £190,476 £3,175 £200,000 £3,333 £250,000 £4,167 £250,000 £4,167 £275,000 £4,583
67 Shared ownership 40% sold £119,742 £125,729 £157,161 £157,161 £172,877
67 Affordable rent 65% market £80,082 £84,086 £99,499 £99,499 £109,449
67 Social Rent
2 bed house 75 Market sale £221,905 £2,959 £233,000 £3,107 £310,000 £4,133 £350,000 £4,667 £385,000 £5,133
75 Shared ownership 40% sold £139,499 £146,474 £194,879 £194,879 £214,367
75 Affordable rent 65% market £95,430 £100,201 £118,419 £118,419 £130,261
75 Social Rent
3 bed house 95 Market sale £280,000 £2,947 £294,000 £3,095 £390,000 £4,105 £410,000 £4,316 £451,000 £4,747
90 Shared ownership 40% sold £176,020 £184,821 £245,171 £245,171 £269,688
90 Affordable rent 65% market £120,119 £126,125 £142,244 £142,244 £156,468
90 Social Rent
4 bed house 125 Market sale £371,429 £2,971 £390,000 £3,120 £475,000 £3,800 £485,000 £3,880 £533,500 £4,268
106 Shared ownership 40% sold n/a n/a n/a n/a n/a
106 Affordable rent 65% market £155,489 £163,263 £168,168 £168,168 £184,985
106 Social Rent
5 bed house 170 £523,810 £3,081 £550,000 £3,235 £650,000 £3,824 £650,000 £3,824 £715,000 £4,206
Appendix 6
Wycombe District Council
Value Points Table November 2013
Table of values for market housing and affordable at different Value Points (VP)
Shared ownership 35% sale
Affordable rent 65% market rent
Fall in sales Stokenchurch Bourne End Remaining Rise in sales
values by 5% High Wycombe Princes Ris- areas values by 10%
borough Marlow
Type Area sq m VP1 Values VP2 Values VP3 Values VP4 Values VP5 Values
per sq m per sq m per sq m per sq m per sq m
1 bed flat 45 Market sale £157,143 £3,492 £165,000 £3,667 £195,000 £4,333 £195,000 £4,333 £214,500 £4,767
46 Shared ownership 35% sold £93,924 £98,620 £116,551 £116,551 £128,206
46 Affordable rent 65% market £67,399 £70,769 £78,480 £78,480 £86,328
46 Social Rent
2 bed flat 60 Market sale £190,476 £3,175 £200,000 £3,333 £250,000 £4,167 £250,000 £4,167 £275,000 £4,583
67 Shared ownership 35% sold £113,847 £119,539 £149,424 £149,424 £164,366
67 Affordable rent 65% market £80,082 £84,086 £99,499 £99,499 £109,449
67 Social Rent
2 bed house 75 Market sale £221,905 £2,959 £233,000 £3,107 £310,000 £4,133 £350,000 £4,667 £385,000 £5,133
75 Shared ownership 35% sold £132,631 £139,263 £185,286 £185,286 £203,815
75 Affordable rent 65% market £95,430 £100,201 £118,419 £118,419 £130,261
75 Social Rent
3 bed house 95 Market sale £280,000 £2,947 £294,000 £3,095 £390,000 £4,105 £410,000 £4,316 £451,000 £4,747
90 Shared ownership 35% sold £167,355 £175,723 £233,102 £233,102 £256,412
90 Affordable rent 65% market £120,119 £126,125 £142,244 £142,244 £156,468
90 Social Rent
4 bed house 125 Market sale £371,429 £2,971 £390,000 £3,120 £475,000 £3,800 £485,000 £3,880 £533,500 £4,268
106 Shared ownership 35% sold n/a n/a n/a n/a n/a
106 Affordable rent 65% market £155,489 £163,263 £168,168 £168,168 £184,985
106 Social Rent
5 bed house 170 £523,810 £3,081 £550,000 £3,235 £650,000 £3,824 £650,000 £3,824 £715,000 £4,206
Appendix 6
Wycombe District Council
Value Points Table November 2013
Table of values for market housing and affordable at different Value Points (VP)
Shared ownership 30% sale
Affordable rent 65% market rent
Fall in sales Stokenchurch Bourne End Remaining Rise in sales
values by 5% High Wycombe Princes Ris- areas values by 10%
borough Marlow
Type Area sq m VP1 Values VP2 Values VP3 Values VP4 Values VP5 Values
per sq m per sq m per sq m per sq m per sq m
1 bed flat 45 Market sale £157,143 £3,492 £165,000 £3,667 £195,000 £4,333 £195,000 £4,333 £214,500 £4,767
46 Shared ownership 30% sold £89,061 £93,514 £110,516 £110,516 £121,568
46 Affordable rent 65% market £67,399 £70,769 £78,480 £78,480 £86,328
46 Social Rent
2 bed flat 60 Market sale £190,476 £3,175 £200,000 £3,333 £250,000 £4,167 £250,000 £4,167 £275,000 £4,583
67 Shared ownership 30% sold £107,952 £113,350 £141,688 £141,688 £155,857
67 Affordable rent 65% market £80,082 £84,086 £99,499 £99,499 £109,449
67 Social Rent
2 bed house 75 Market sale £221,905 £2,959 £233,000 £3,107 £310,000 £4,133 £350,000 £4,667 £385,000 £5,133
75 Shared ownership 30% sold £125,765 £132,053 £175,693 £175,693 £193,262
75 Affordable rent 65% market £95,430 £100,201 £118,419 £118,419 £130,261
75 Social Rent
3 bed house 95 Market sale £280,000 £2,947 £294,000 £3,095 £390,000 £4,105 £410,000 £4,316 £451,000 £4,747
90 Shared ownership 30% sold £158,690 £166,625 £221,033 £221,033 £243,136
90 Affordable rent 65% market £120,119 £126,125 £142,244 £142,244 £156,468
90 Social Rent
4 bed house 125 Market sale £371,429 £2,971 £390,000 £3,120 £475,000 £3,800 £485,000 £3,880 £533,500 £4,268
106 Shared ownership 30% sold n/a n/a n/a n/a n/a
106 Affordable rent 65% market £155,489 £163,263 £168,168 £168,168 £184,985
106 Social Rent
5 bed house 170 £523,810 £3,081 £550,000 £3,235 £650,000 £3,824 £650,000 £3,824 £715,000 £4,206
Appendix 6
Wycombe District Council
Value Points Table November 2013
Table of values for market housing and affordable at different Value Points (VP)
Shared ownership 50% sale
Affordable rent 80% market rent
Fall in sales Stokenchurch Bourne End Remaining Rise in sales
values by 5% High Wycombe Princes Ris- areas values by 10%
borough Marlow
Type Area sq m VP1 Values VP2 Values VP3 Values VP4 Values VP5 Values
per sq m per sq m per sq m per sq m per sq m
1 bed flat 45 Market sale £157,143 £3,492 £165,000 £3,667 £195,000 £4,333 £195,000 £4,333 £214,500 £4,767
46 Shared ownership 50% sold £108,512 £113,938 £134,654 £134,654 £148,119
46 Affordable rent 80% market £83,417 £87,588 £96,697 £96,697 £106,367
46 Social Rent
2 bed flat 60 Market sale £190,476 £3,175 £200,000 £3,333 £250,000 £4,167 £250,000 £4,167 £275,000 £4,583
67 Shared ownership 50% sold £131,530 £138,107 £172,634 £172,634 £189,897
67 Affordable rent 80% market £98,766 £103,704 £122,623 £122,623 £134,885
67 Social Rent
2 bed house 75 Market sale £221,905 £2,959 £233,000 £3,107 £310,000 £4,133 £350,000 £4,667 £385,000 £5,133
75 Shared ownership 50% sold £153,233 £160,895 £214,066 £214,066 £235,473
75 Affordable rent 80% market £120,121 £126,127 £147,148 £147,148 £161,863
75 Social Rent
3 bed house 95 Market sale £280,000 £2,947 £294,000 £3,095 £390,000 £4,105 £410,000 £4,316 £451,000 £4,747
90 Shared ownership 50% sold £193,350 £203,018 £269,309 £269,309 £296,240
90 Affordable rent 80% market £148,149 £155,556 £175,176 £175,176 £192,694
90 Social Rent
4 bed house 125 Market sale £371,429 £2,971 £390,000 £3,120 £475,000 £3,800 £485,000 £3,880 £533,500 £4,268
106 Shared ownership 50% sold n/a n/a n/a n/a n/a
106 Affordable rent 80% market £190,858 £200,401 £206,707 £206,707 £227,378
106 Social Rent
5 bed house 170 £523,810 £3,081 £550,000 £3,235 £650,000 £3,824 £650,000 £3,824 £715,000 £4,206
Appendix 6
Wycombe District Council
Value Points Table November 2013
Table of values for market housing and affordable at different Value Points (VP)
Shared ownership 40% sale
Affordable rent 80% market rent
Fall in sales Stokenchurch Bourne End Remaining Rise in sales
values by 5% High Wycombe Princes Ris- areas values by 10%
borough Marlow
Type Area sq m VP1 Values VP2 Values VP3 Values VP4 Values VP5 Values
per sq m per sq m per sq m per sq m per sq m
1 bed flat 45 Market sale £157,143 £3,492 £165,000 £3,667 £195,000 £4,333 £195,000 £4,333 £214,500 £4,767
46 Shared ownership 40% sold £98,787 £103,726 £122,585 £122,585 £134,844
46 Affordable rent 80% market £83,417 £87,588 £96,697 £96,697 £106,367
46 Social Rent
2 bed flat 60 Market sale £190,476 £3,175 £200,000 £3,333 £250,000 £4,167 £250,000 £4,167 £275,000 £4,583
67 Shared ownership 40% sold £119,742 £125,729 £157,161 £157,161 £172,877
67 Affordable rent 80% market £98,766 £103,704 £122,623 £122,623 £134,885
67 Social Rent
2 bed house 75 Market sale £221,905 £2,959 £233,000 £3,107 £310,000 £4,133 £350,000 £4,667 £385,000 £5,133
75 Shared ownership 40% sold £139,499 £146,474 £194,879 £194,879 £214,367
75 Affordable rent 80% market £120,121 £126,127 £147,148 £147,148 £161,863
75 Social Rent
3 bed house 95 Market sale £280,000 £2,947 £294,000 £3,095 £390,000 £4,105 £410,000 £4,316 £451,000 £4,747
90 Shared ownership 40% sold £176,020 £184,821 £245,171 £245,171 £269,688
90 Affordable rent 80% market £148,149 £155,556 £175,176 £175,176 £192,694
90 Social Rent
4 bed house 125 Market sale £371,429 £2,971 £390,000 £3,120 £475,000 £3,800 £485,000 £3,880 £533,500 £4,268
106 Shared ownership 40% sold n/a n/a n/a n/a n/a
106 Affordable rent 80% market £190,858 £200,401 £206,707 £206,707 £227,378
106 Social Rent
5 bed house 170 £523,810 £3,081 £550,000 £3,235 £650,000 £3,824 £650,000 £3,824 £715,000 £4,206
Apendix 6
Wycombe District Council
Value Points Table November 2013
Table of values for market housing and affordable at different Value Points (VP)
Shared ownership 35% sale
Affordable rent 80% market rent
Fall in sales Stokenchurch Bourne End Remaining Rise in sales
values by 5% High Wycombe Princes Ris- areas values by 10%
borough Marlow
Type Area sq m VP1 Values VP2 Values VP3 Values VP4 Values VP5 Values
per sq m per sq m per sq m per sq m per sq m
1 bed flat 45 Market sale £157,143 £3,492 £165,000 £3,667 £195,000 £4,333 £195,000 £4,333 £214,500 £4,767
46 Shared ownership 35% sold £93,924 £98,620 £116,551 £116,551 £128,206
46 Affordable rent 80% market £83,417 £87,588 £96,697 £96,697 £106,367
46 Social Rent
2 bed flat 60 Market sale £190,476 £3,175 £200,000 £3,333 £250,000 £4,167 £250,000 £4,167 £275,000 £4,583
67 Shared ownership 35% sold £113,847 £119,539 £149,424 £149,424 £164,366
67 Affordable rent 80% market £98,766 £103,704 £122,623 £122,623 £134,885
67 Social Rent
2 bed house 75 Market sale £221,905 £2,959 £233,000 £3,107 £310,000 £4,133 £350,000 £4,667 £385,000 £5,133
75 Shared ownership 35% sold £132,631 £139,263 £185,286 £185,286 £203,815
75 Affordable rent 80% market £120,121 £126,127 £147,148 £147,148 £161,863
75 Social Rent
3 bed house 95 Market sale £280,000 £2,947 £294,000 £3,095 £390,000 £4,105 £410,000 £4,316 £451,000 £4,747
90 Shared ownership 35% sold £167,355 £175,723 £233,102 £233,102 £256,412
90 Affordable rent 80% market £148,149 £155,556 £175,176 £175,176 £192,694
90 Social Rent
4 bed house 125 Market sale £371,429 £2,971 £390,000 £3,120 £475,000 £3,800 £485,000 £3,880 £533,500 £4,268
106 Shared ownership 35% sold n/a n/a n/a n/a n/a
106 Affordable rent 80% market £190,858 £200,401 £206,707 £206,707 £227,378
106 Social Rent
5 bed house 170 £523,810 £3,081 £550,000 £3,235 £650,000 £3,824 £650,000 £3,824 £715,000 £4,206
Wycombe District Council
Value Points Table November 2013
Table of values for market housing and affordable at different Value Points (VP)
Shared ownership 30% sale
Affordable rent 80% market rent
Fall in sales Stokenchurch Bourne End Remaining Rise in sales
values by 5% High Wycombe Princes Ris- areas values by 10%
borough Marlow
Type Area sq m VP1 Values VP2 Values VP3 Values VP4 Values VP5 Values
per sq m per sq m per sq m per sq m per sq m
1 bed flat 45 Market sale £157,143 £3,492 £165,000 £3,667 £195,000 £4,333 £195,000 £4,333 £214,500 £4,767
46 Shared ownership 30% sold £89,061 £93,514 £110,516 £110,516 £121,568
46 Affordable rent 80% market £83,417 £87,588 £96,697 £96,697 £106,367
46 Social Rent
2 bed flat 60 Market sale £190,476 £3,175 £200,000 £3,333 £250,000 £4,167 £250,000 £4,167 £275,000 £4,583
67 Shared ownership 30% sold £107,952 £113,350 £141,688 £141,688 £155,857
67 Affordable rent 80% market £98,766 £103,704 £122,623 £122,623 £134,885
67 Social Rent
2 bed house 75 Market sale £221,905 £2,959 £233,000 £3,107 £310,000 £4,133 £350,000 £4,667 £385,000 £5,133
75 Shared ownership 30% sold £125,765 £132,053 £175,693 £175,693 £193,262
75 Affordable rent 80% market £120,121 £126,127 £147,148 £147,148 £161,863
75 Social Rent
3 bed house 95 Market sale £280,000 £2,947 £294,000 £3,095 £390,000 £4,105 £410,000 £4,316 £451,000 £4,747
90 Shared ownership 30% sold £158,690 £166,625 £221,033 £221,033 £243,136
90 Affordable rent 80% market £148,149 £155,556 £175,176 £175,176 £192,694
90 Social Rent
4 bed house 125 Market sale £371,429 £2,971 £390,000 £3,120 £475,000 £3,800 £485,000 £3,880 £533,500 £4,268
106 Shared ownership 30% sold n/a n/a n/a n/a n/a
106 Affordable rent 80% market £190,858 £200,401 £206,707 £206,707 £227,378
106 Social Rent
5 bed house 170 £523,810 £3,081 £550,000 £3,235 £650,000 £3,824 £650,000 £3,824 £715,000 £4,206
Appendix 2
Appendix 6
Wycombe District Council
Value Points Table November 2013
Table of values for market housing and affordable at different Value Points (VP)
Shared ownership 30% sale
Social rent
Fall in sales Stokenchurch Bourne End Remaining Rise in sales
values by 5% High Wycombe Princes Ris- areas values by 10%
borough Marlow
Type Area sq m VP1 Values VP2 Values VP3 Values VP4 Values VP5 Values
per sq m per sq m per sq m per sq m per sq m
1 bed flat 45 Market sale £157,143 £3,492 £165,000 £3,667 £195,000 £4,333 £195,000 £4,333 £214,500 £4,767
46 Shared ownership 30% sold £89,061 £93,514 £110,516 £110,516 £121,568
46
46 Social Rent £68,138 £71,545 £71,545 £71,545 £78,700
2 bed flat 60 Market sale £190,476 £3,175 £200,000 £3,333 £250,000 £4,167 £250,000 £4,167 £275,000 £4,583
67 Shared ownership 30% sold £107,952 £113,350 £141,688 £141,688 £155,857
67
67 Social Rent £77,747 £81,634 £81,634 £81,634 £89,797
2 bed house 75 Market sale £221,905 £2,959 £233,000 £3,107 £310,000 £4,133 £350,000 £4,667 £385,000 £5,133
75 Shared ownership 30% sold £125,765 £132,053 £175,693 £175,693 £193,262
75
75 Social Rent £83,403 £87,573 £87,573 £87,573 £96,330
3 bed house 95 Market sale £280,000 £2,947 £294,000 £3,095 £390,000 £4,105 £410,000 £4,316 £451,000 £4,747
90 Shared ownership 30% sold £158,690 £166,625 £221,033 £221,033 £243,136
90
90 Social Rent £88,170 £92,579 £92,579 £92,579 £101,837
4 bed house 125 Market sale £371,429 £2,971 £390,000 £3,120 £475,000 £3,800 £485,000 £3,880 £533,500 £4,268
106 Shared ownership 30% sold n/a n/a n/a n/a n/a
106
106 Social Rent £103,232 £108,394 £108,394 £108,394 £119,233
5 bed house 170 £523,810 £3,081 £550,000 £3,235 £650,000 £3,824 £650,000 £3,824 £715,000 £4,206
Appendix 6
Wycombe District Council
Value Points Table November 2013
Table of values for market housing and affordable at different Value Points (VP)
Shared ownership 35% sale
Social rent
Fall in sales Stokenchurch Bourne End Remaining Rise in sales
values by 5% High Wycombe Princes Ris- areas values by 10%
borough Marlow
Type Area sq m VP1 Values VP2 Values VP3 Values VP4 Values VP5 Values
per sq m per sq m per sq m per sq m per sq m
1 bed flat 45 Market sale £157,143 £3,492 £165,000 £3,667 £195,000 £4,333 £195,000 £4,333 £214,500 £4,767
46 Shared ownership 35% sold £93,924 £98,620 £116,551 £116,551 £128,206
46
46 Social Rent £68,138 £71,545 £71,545 £71,545 £78,700
2 bed flat 60 Market sale £190,476 £3,175 £200,000 £3,333 £250,000 £4,167 £250,000 £4,167 £275,000 £4,583
67 Shared ownership 35% sold £113,847 £119,539 £149,424 £149,424 £164,366
67
67 Social Rent £77,747 £81,634 £81,634 £81,634 £89,797
2 bed house 75 Market sale £221,905 £2,959 £233,000 £3,107 £310,000 £4,133 £350,000 £4,667 £385,000 £5,133
75 Shared ownership 35% sold £132,631 £139,263 £185,286 £185,286 £203,815
75
75 Social Rent £83,403 £87,573 £87,573 £87,573 £96,330
3 bed house 95 Market sale £280,000 £2,947 £294,000 £3,095 £390,000 £4,105 £410,000 £4,316 £451,000 £4,747
90 Shared ownership 35% sold £167,355 £175,723 £233,102 £233,102 £256,412
90
90 Social Rent £88,170 £92,579 £92,579 £92,579 £101,837
4 bed house 125 Market sale £371,429 £2,971 £390,000 £3,120 £475,000 £3,800 £485,000 £3,880 £533,500 £4,268
106 Shared ownership 35% sold n/a n/a n/a n/a n/a
106
106 Social Rent £103,232 £108,394 £108,394 £108,394 £119,233
5 bed house 170 £523,810 £3,081 £550,000 £3,235 £650,000 £3,824 £650,000 £3,824 £715,000 £4,206
Appendix 6
Wycombe District Council
Value Points Table November 2013
Table of values for market housing and affordable at different Value Points (VP)
Shared ownership 40% sale
Social rent
Fall in sales Stokenchurch Bourne End Remaining Rise in sales
values by 5% High Wycombe Princes Ris- areas values by 10%
borough Marlow
Type Area sq m VP1 Values VP2 Values VP3 Values VP4 Values VP5 Values
per sq m per sq m per sq m per sq m per sq m
1 bed flat 45 Market sale £157,143 £3,492 £165,000 £3,667 £195,000 £4,333 £195,000 £4,333 £214,500 £4,767
46 Shared ownership 40% sold £98,787 £103,726 £122,585 £122,585 £134,844
46
46 Social Rent £68,138 £71,545 £71,545 £71,545 £78,700
2 bed flat 60 Market sale £190,476 £3,175 £200,000 £3,333 £250,000 £4,167 £250,000 £4,167 £275,000 £4,583
67 Shared ownership 40% sold £119,742 £125,729 £157,161 £157,161 £172,877
67
67 Social Rent £83,403 £87,573 £87,573 £87,573 £96,330
2 bed house 75 Market sale £221,905 £2,959 £233,000 £3,107 £310,000 £4,133 £350,000 £4,667 £385,000 £5,133
75 Shared ownership 40% sold £139,499 £146,474 £194,879 £194,879 £214,367
75
75 Social Rent £83,403 £87,573 £87,573 £87,573 £96,330
3 bed house 95 Market sale £280,000 £2,947 £294,000 £3,095 £390,000 £4,105 £410,000 £4,316 £451,000 £4,747
90 Shared ownership 40% sold £176,020 £184,821 £245,171 £245,171 £269,688
90
90 Social Rent £88,170 £92,579 £92,579 £92,579 £101,837
4 bed house 125 Market sale £371,429 £2,971 £390,000 £3,120 £475,000 £3,800 £485,000 £3,880 £533,500 £4,268
106 Shared ownership 40% sold n/a n/a n/a n/a n/a
106
106 Social Rent £103,232 £108,394 £108,394 £108,394 £119,233
5 bed house 170 £523,810 £3,081 £550,000 £3,235 £650,000 £3,824 £650,000 £3,824 £715,000 £4,206
Appendix 6
Wycombe District Council
Value Points Table November 2013
Table of values for market housing and affordable at different Value Points (VP)
Shared ownership 50% sale
Social rent
Fall in sales Stokenchurch Bourne End Remaining Rise in sales
values by 5% High Wycombe Princes Ris- areas values by 10%
borough Marlow
Type Area sq m VP1 Values VP2 Values VP3 Values VP4 Values VP5 Values
per sq m per sq m per sq m per sq m per sq m
1 bed flat 45 Market sale £157,143 £3,492 £165,000 £3,667 £195,000 £4,333 £195,000 £4,333 £214,500 £4,767
46 Shared ownership 50% sold £108,512 £113,938 £134,654 £134,654 £148,119
46
46 Social Rent £68,138 £71,545 £71,545 £71,545 £78,700
2 bed flat 60 Market sale £190,476 £3,175 £200,000 £3,333 £250,000 £4,167 £250,000 £4,167 £275,000 £4,583
67 Shared ownership 50% sold £131,530 £138,107 £172,634 £172,634 £189,897
67
67 Social Rent £83,403 £87,573 £87,573 £87,573 £96,330
2 bed house 75 Market sale £221,905 £2,959 £233,000 £3,107 £310,000 £4,133 £350,000 £4,667 £385,000 £5,133
75 Shared ownership 50% sold £153,233 £160,895 £214,066 £214,066 £235,473
75
75 Social Rent £83,403 £87,573 £87,573 £87,573 £96,330
3 bed house 95 Market sale £280,000 £2,947 £294,000 £3,095 £390,000 £4,105 £410,000 £4,316 £451,000 £4,747
90 Shared ownership 50% sold £193,350 £203,018 £269,309 £269,309 £296,240
90
90 Social Rent £88,170 £92,579 £92,579 £92,579 £101,837
4 bed house 125 Market sale £371,429 £2,971 £390,000 £3,120 £475,000 £3,800 £485,000 £3,880 £533,500 £4,268
106 Shared ownership 50% sold n/a n/a n/a n/a n/a
106
106 Social Rent £103,232 £108,394 £108,394 £108,394 £119,233
5 bed house 170 £523,810 £3,081 £550,000 £3,235 £650,000 £3,824 £650,000 £3,824 £715,000 £4,206
Appendix 7
Wycombe District Council
Strategic sites land values and surpluses for infrastructure
Assumes social rent and shared ownership at 40% sold.
Assumes rented is 50% of total affordable.
Affordable at 10%, 20%, 30% and 40%.
Site No. of units Gross area EUV per EUV Land value Surplus Land value Surplus Land value Surplus Land value Surplus
for EUV ha 10% aff 10% aff 20% aff 20% aff 30% aff 30% aff 40% aff 40% aff
Abbey Barn South 470 18.8 £350,000 £6,580,000 £23,329,496 £16,749,496 £23,437,138 £16,857,138 £19,917,512 £13,337,512 £15,191,226 £8,611,226
Abbey Barn North 75 3.9 £350,000 £1,365,000 £6,944,390 £5,579,390 £5,710,320 £4,345,320 £3,949,108 £2,584,108 £3,000,255 £1,635,255
Gomm Valley 1 330 13.3 £350,000 £4,655,000 £20,699,864 £16,044,864 £17,070,921 £12,415,921 £15,637,075 £10,982,075 £13,854,921 £9,199,921
Gomm Valley 2 435 17.5 £350,000 £6,125,000 £27,012,235 £20,887,235 £22,863,299 £16,738,299 £21,453,404 £15,328,404 £17,517,738 £11,392,738
Slate Meadow 170 6.3 £350,000 £2,205,000 £15,197,741 £12,992,741 £14,101,640 £11,896,640 £13,040,855 £10,835,855 £11,504,134 £9,299,134
Terriers Farm 360 14.5 £350,000 £5,075,000 £25,749,515 £20,674,515 £23,165,580 £18,090,580 £21,496,142 £16,421,142 £18,158,237 £13,083,237
Park Mill Farm 440 17.7 £350,000 £6,195,000 £45,193,825 £38,998,825 £40,485,910 £34,290,910 £36,615,181 £30,420,181 £32,776,148 £26,581,148
Longwick Road 485 19.5 £350,000 £6,825,000 £49,033,903 £42,208,903 £45,265,467 £38,440,467 £41,960,510 £35,135,510 £33,964,542 £27,139,542
Appendix 7
Wycombe District Council
Strategic sites land values and surpluses for infrastructure
Assumes social rent and shared ownership at 30% sold.
Assumes rented is 50% of total affordable.
Affordable at 10%, 20%, 30% and 40%.
Site No. of units Gross area EUV per EUV Land value Surplus Land value Surplus Land value Surplus Land value Surplus
for EUV ha 10% aff 10% aff 20% aff 20% aff 30% aff 30% aff 40% aff 40% aff
Abbey Barn South 470 18.8 £350,000 £6,580,000 £22,960,497 £16,380,497 £22,703,502 £16,123,502 £18,848,347 £12,268,347 £13,783,126 £7,203,126
Abbey Barn North 75 3.9 £350,000 £1,365,000 £6,867,946 £5,502,946 £5,562,160 £4,197,160 £3,774,477 £2,409,477 £2,768,757 £1,403,757
Gomm Valley 1 330 13.3 £350,000 £4,655,000 £20,392,442 £15,737,442 £16,498,131 £11,843,131 £14,824,735 £10,169,735 £12,758,581 £8,103,581
Gomm Valley 2 435 17.5 £350,000 £6,125,000 £26,628,955 £20,503,955 £22,127,881 £16,002,881 £20,419,082 £14,294,082 £16,168,806 £10,043,806
Slate Meadow 170 6.3 £350,000 £2,205,000 £15,026,233 £12,821,233 £13,771,467 £11,566,467 £12,535,428 £10,330,428 £10,826,932 £8,621,932
Terriers Farm 360 14.5 £350,000 £5,075,000 £25,397,909 £20,322,909 £22,524,119 £17,449,119 £20,542,734 £15,467,734 £16,901,133 £11,826,133
Park Mill Farm 440 17.7 £350,000 £6,195,000 £44,712,330 £38,517,330 £39,567,103 £33,372,103 £35,331,194 £29,136,194 £31,093,443 £24,898,443
Longwick Road 485 19.5 £350,000 £6,825,000 £48,552,585 £41,727,585 £44,303,605 £37,478,605 £40,548,541 £33,723,541 £32,167,209 £25,342,209
Appendix 7
Wycombe District Council
Strategic sites land values and surpluses for infrastructure
Assumes affordable rent at 80% market rent and shared ownership at 30% sold.
Assumes rented is 50% of total affordable.
Affordable at 10%, 20%, 30% and 40%.
Site Gross area EUV per EUV Land value Surplus Land value Surplus Land value Surplus Land value Surplus
for EUV ha 10% aff 10% aff 20% aff 20% aff 30% aff 30% aff 40% aff 40% aff
Abbey Barn South 18.8 £350,000 £6,580,000 £23,879,786 £17,299,786 £24,603,323 £18,023,323 £21,733,171 £15,153,171 £17,366,683 £10,786,683
Abbey Barn North 3.9 £350,000 £1,365,000 £7,065,727 £5,700,727 £5,955,355 £4,590,355 £4,246,911 £2,881,911 £3,359,960 £1,994,960
Gomm Valley 1 13.3 £350,000 £4,655,000 £21,178,258 £16,523,258 £17,944,284 £13,289,284 £16,842,103 £12,187,103 £15,890,178 £11,235,178
Gomm Valley 2 17.5 £350,000 £6,125,000 £27,586,368 £21,461,368 £24,043,170 £17,918,170 £23,236,801 £17,111,801 £19,878,393 £13,753,393
Slate Meadow 6.3 £350,000 £2,205,000 £15,484,747 £13,279,747 £14,641,747 £12,436,747 £14,018,084 £11,813,084 £12,734,145 £10,529,145
Terriers Farm 14.5 £350,000 £5,075,000 £26,239,282 £21,164,282 £24,056,982 £18,981,982 £22,773,072 £17,698,072 £19,738,728 £14,663,728
Park Mill Farm 17.7 £350,000 £6,195,000 £45,969,695 £39,774,695 £42,009,227 £35,814,227 £38,854,711 £32,659,711 £35,655,055 £29,460,055
Longwick Road 19.5 £350,000 £6,825,000 £49,953,775 £43,128,775 £46,818,910 £39,993,910 £44,741,698 £37,916,698 £37,347,856 £30,522,856
Appendix 7
Wycombe District Council
Strategic sites land values and surpluses for infrastructure
Assumes affordable rent at 80% market rent and shared ownership at 40% sold.
Assumes rented is 50% of total affordable.
Affordable at 10%, 20%, 30% and 40%.
Site Gross area EUV per EUV Land value Surplus Land value Surplus Land value Surplus Land value Surplus
for EUV ha 10% aff 10% aff 20% aff 20% aff 30% aff 30% aff 40% aff 40% aff
Abbey Barn South 18.8 £350,000 £6,580,000 £24,250,361 £17,670,361 £25,301,150 £18,721,150 £22,811,106 £16,231,106 £18,634,759 £12,054,759
Abbey Barn North 3.9 £350,000 £1,365,000 £7,142,697 £5,777,697 £6,104,303 £4,739,303 £4,422,055 £3,057,055 £3,592,079 £2,227,079
Gomm Valley 1 13.3 £350,000 £4,655,000 £21,486,745 £16,831,745 £18,520,268 £13,865,268 £17,805,121 £13,150,121 £16,978,281 £12,323,281
Gomm Valley 2 17.5 £350,000 £6,125,000 £27,971,510 £21,846,510 £24,701,469 £18,576,469 £24,278,044 £18,153,044 £21,210,404 £15,085,404
Slate Meadow 6.3 £350,000 £2,205,000 £15,657,255 £13,452,255 £14,971,920 £12,766,920 £14,523,511 £12,318,511 £13,411,347 £11,206,347
Terriers Farm 14.5 £350,000 £5,075,000 £26,590,888 £21,515,888 £24,695,249 £19,620,249 £23,571,844 £18,496,844 £21,071,528 £15,996,528
Park Mill Farm 17.7 £350,000 £6,195,000 £46,451,190 £40,256,190 £42,928,034 £36,733,034 £40,138,698 £33,943,698 £37,337,759 £31,142,759
Longwick Road 19.5 £350,000 £6,825,000 £50,435,093 £43,610,093 £47,780,772 £40,955,772 £46,153,667 £39,328,667 £39,145,189 £32,320,189
Appendix 7
Wycombe District Council
Strategic sites land values and surpluses for infrastructure
Assumes affordable rent at 80% market rent and shared ownership at 50% sold.
Assumes rented is 50% of total affordable.
Affordable at 10%, 20%, 30% and 40%.
Site Gross area EUV per EUV Land value Surplus Land value Surplus Land value Surplus Land value Surplus
for EUV ha 10% aff 10% aff 20% aff 20% aff 30% aff 30% aff 40% aff 40% aff
Abbey Barn South 18.8 £350,000 £6,580,000 £24,620,937 £18,040,937 £26,008,424 £19,428,424 £23,791,195 £17,211,195 £20,112,024 £13,532,024
Abbey Barn North 3.9 £350,000 £1,365,000 £7,219,667 £5,854,667 £6,253,251 £4,888,251 £4,584,610 £3,219,610 £3,815,624 £2,450,624
Gomm Valley 1 13.3 £350,000 £4,655,000 £21,795,231 £17,140,231 £19,084,374 £14,429,374 £18,617,461 £13,962,461 £18,009,738 £13,354,738
Gomm Valley 2 17.5 £350,000 £6,125,000 £28,356,653 £22,231,653 £25,505,238 £19,380,238 £25,242,077 £19,117,077 £22,483,639 £16,358,639
Slate Meadow 6.3 £350,000 £2,205,000 £15,828,763 £13,623,763 £15,302,093 £13,097,093 £15,028,937 £12,823,937 £14,088,550 £11,883,550
Terriers Farm 14.5 £350,000 £5,075,000 £26,942,494 £21,867,494 £25,487,936 £20,412,936 £24,679,889 £19,604,889 £22,252,936 £17,177,936
Park Mill Farm 17.7 £350,000 £6,195,000 £46,932,685 £40,737,685 £43,846,840 £37,651,840 £41,422,685 £35,227,685 £39,020,463 £32,825,463
Longwick Road 19.5 £350,000 £6,825,000 £50,916,411 £44,091,411 £48,742,634 £41,917,634 £47,565,636 £40,740,636 £40,942,522 £34,117,522
Appendix 7
Wycombe District Council
Strategic sites land values and surpluses for infrastructure
Assumes affordable rent at 65% market rent and shared ownership at 40% sold.
Assumes rented is 50% of total affordable.
Affordable at 10%, 20%, 30% and 40%.
Site Gross area EUV per EUV Land value Surplus Land value Surplus Land value Surplus Land value Surplus
for EUV ha 10% aff 10% aff 20% aff 20% aff 30% aff 30% aff 40% aff 40% aff
Abbey Barn South 18.8 £350,000 £6,580,000 £23,577,891 £16,997,891 £24,037,803 £17,457,803 £20,870,867 £14,290,867 £16,398,413 £9,818,413
Abbey Barn North 3.9 £350,000 £1,365,000 £7,018,378 £5,653,378 £5,837,227 £4,472,227 £4,090,507 £2,725,507 £3,165,122 £1,800,122
Gomm Valley 1 13.3 £350,000 £4,655,000 £20,913,603 £16,258,603 £17,487,902 £12,832,902 £16,406,208 £11,751,208 £15,237,680 £10,582,680
Gomm Valley 2 17.5 £350,000 £6,125,000 £27,289,879 £21,164,879 £23,473,490 £17,348,490 £22,649,537 £16,524,537 £18,853,843 £12,728,843
Slate Meadow 6.3 £350,000 £2,205,000 £15,455,519 £13,250,519 £14,591,468 £12,386,468 £13,797,740 £11,592,740 £12,449,912 £10,244,912
Terriers Farm 14.5 £350,000 £5,075,000 £26,108,727 £21,033,727 £24,035,794 £18,960,794 £22,116,724 £17,041,724 £18,969,043 £13,894,043
Park Mill Farm 17.7 £350,000 £6,195,000 £45,860,266 £39,665,266 £41,794,246 £35,599,246 £38,284,633 £32,089,633 £34,818,605 £28,623,605
Longwick Road 19.5 £350,000 £6,825,000 £49,811,933 £42,986,933 £46,648,337 £39,823,337 £44,063,423 £37,238,423 £36,557,346 £29,732,346
Appendix 7
Wycombe District Council
Strategic sites land values and surpluses for infrastructure
Assumes affordable rent at 65% market rent and shared ownership at 30% sold.
Assumes rented is 50% of total affordable.
Affordable at 10%, 20%, 30% and 40%.
Site Gross area EUV per EUV Land value Surplus Land value Surplus Land value Surplus Land value Surplus
for EUV ha 10% aff 10% aff 20% aff 20% aff 30% aff 30% aff 40% aff 40% aff
Abbey Barn South 18.8 £350,000 £6,580,000 £23,207,316 £16,627,316 £23,329,497 £16,749,497 £19,792,931 £13,212,931 £14,982,575 £8,402,575
Abbey Barn North 3.9 £350,000 £1,365,000 £6,941,409 £5,576,409 £5,688,278 £4,323,278 £3,915,363 £2,550,363 £2,933,002 £1,568,002
Gomm Valley 1 13.3 £350,000 £4,655,000 £20,605,116 £15,950,116 £16,911,917 £12,256,917 £15,591,206 £10,936,206 £14,133,355 £9,478,355
Gomm Valley 2 17.5 £350,000 £6,125,000 £26,904,736 £20,779,736 £22,733,547 £16,608,547 £21,608,293 £15,483,293 £17,494,797 £11,369,797
Slate Meadow 6.3 £350,000 £2,205,000 £15,284,011 £13,079,011 £14,261,295 £12,056,295 £13,292,313 £11,087,313 £11,772,710 £9,567,710
Terriers Farm 14.5 £350,000 £5,075,000 £25,757,121 £20,682,121 £23,376,234 £18,301,234 £21,265,682 £16,190,682 £17,828,928 £12,753,928
Park Mill Farm 17.7 £350,000 £6,195,000 £45,378,771 £39,183,771 £40,875,440 £34,680,440 £37,000,646 £30,805,646 £33,135,901 £26,940,901
Longwick Road 19.5 £350,000 £6,825,000 £49,330,615 £42,505,615 £45,686,475 £38,861,475 £42,651,454 £35,826,454 £34,760,013 £27,935,013
Appendix 7
Wycombe District Council
Strategic sites land values and surpluses for infrastructure
Assumes social rent and shared ownership at 40% sold.
Assumes rented is 66% of total affordable.
Affordable at 10%, 20%, 30% and 40%.
Site Land value Surplus Land value Surplus Land value Surplus Land value Surplus
10% aff 10% aff 20% aff 20% aff 30% aff 30% aff 40% aff 40% aff
Abbey Barn South £22,837,495 £16,257,495 £22,499,886 £15,919,886 £18,655,823 £12,075,823 £13,407,513 £6,827,513
Abbey Barn North £6,809,332 £5,444,332 £5,493,762 £4,128,762 £3,669,093 £2,304,093 £2,742,623 £1,377,623
Gomm Valley 1 £20,338,440 £15,683,440 £16,348,074 £11,693,074 £14,569,614 £9,914,614 £12,187,887 £7,532,887
Gomm Valley 2 £26,344,339 £20,219,339 £21,928,995 £15,803,995 £19,950,052 £13,825,052 £15,686,877 £9,561,877
Slate Meadow £14,869,008 £12,664,008 £13,477,625 £11,272,625 £12,151,946 £9,946,946 £10,293,113 £8,088,113
Terriers Farm £26,506,574 £21,431,574 £22,245,628 £17,170,628 £20,104,416 £15,029,416 £16,224,689 £11,149,689
Park Mill Farm £44,399,521 £38,204,521 £38,848,366 £32,653,366 £34,321,344 £28,126,344 £29,997,264 £23,802,264
Longwick Road £48,266,228 £41,441,228 £43,508,856 £36,683,856 £39,453,182 £32,628,182 £30,955,196 £24,130,196
Appendix 7
Wycombe District Council
Strategic sites land values and surpluses for infrastructure
Assumes social rent and shared ownership at 30% sold.
Assumes rented is 66% of total affordable.
Affordable at 10%, 20%, 30% and 40%.
Site No. of units Gross area EUV per EUV Land value Surplus Land value Surplus Land value Surplus Land value Surplus
for EUV ha 10% aff 10% aff 20% aff 20% aff 30% aff 30% aff 40% aff 40% aff
Abbey Barn South 470 18.8 £350,000 £6,580,000 £22,585,977 £16,005,977 £21,994,079 £15,414,079 £17,867,556 £11,287,556 £12,397,158 £5,817,158
Abbey Barn North 75 3.9 £350,000 £1,365,000 £6,761,259 £5,396,259 £5,389,734 £4,024,734 £3,556,776 £2,191,776 £2,583,378 £1,218,378
Gomm Valley 1 330 13.3 £350,000 £4,655,000 £20,121,248 £15,466,248 £15,955,744 £11,300,744 £14,007,204 £9,352,204 £11,461,253 £6,806,253
Gomm Valley 2 435 17.5 £350,000 £6,125,000 £26,080,834 £19,955,834 £21,426,739 £15,301,739 £19,245,509 £13,120,509 £14,756,359 £8,631,359
Slate Meadow 170 6.3 £350,000 £2,205,000 £14,758,236 £12,553,236 £13,259,561 £11,054,561 £11,810,803 £9,605,803 £9,840,396 £7,635,396
Terriers Farm 360 14.5 £350,000 £5,075,000 £26,270,750 £21,195,750 £21,801,130 £16,726,130 £19,452,841 £14,377,841 £15,395,847 £10,320,847
Park Mill Farm 440 17.7 £350,000 £6,195,000 £44,057,763 £37,862,763 £38,848,366 £32,653,366 £33,476,265 £27,281,265 £28,805,636 £22,610,636
Longwick Road 485 19.5 £350,000 £6,825,000 £47,927,294 £41,102,294 £42,873,806 £36,048,806 £38,492,868 £31,667,868 £29,707,793 £22,882,793
Appendix 7
Wycombe District Council
Strategic sites land values and surpluses for infrastructure
Assumes affordable rent at 80% market rent and shared ownership at 30% sold.
Assumes rented is 66% of total affordable.
Affordable at 10%, 20%, 30% and 40%.
Site Gross area EUV per EUV Land value Surplus Land value Surplus Land value Surplus Land value Surplus
for EUV ha 10% aff 10% aff 20% aff 20% aff 30% aff 30% aff 40% aff 40% aff
Abbey Barn South 18.8 £350,000 £6,580,000 £23,805,504 £17,225,504 £24,462,036 £17,882,036 £21,553,538 £14,973,538 £17,118,665 £10,538,665
Abbey Barn North 3.9 £350,000 £1,365,000 £7,049,979 £5,684,979 £5,924,719 £4,559,719 £4,199,406 £2,834,406 £3,330,594 £1,965,594
Gomm Valley 1 13.3 £350,000 £4,655,000 £21,119,189 £16,464,189 £17,826,147 £13,171,147 £16,842,103 £12,187,103 £15,556,935 £10,901,935
Gomm Valley 2 17.5 £350,000 £6,125,000 £27,386,815 £21,261,815 £23,864,265 £17,739,265 £23,000,440 £16,875,440 £19,540,910 £13,415,910
Slate Meadow 6.3 £350,000 £2,205,000 £15,382,743 £13,177,743 £14,437,885 £12,232,885 £13,766,598 £11,561,598 £12,393,036 £10,188,036
Terriers Farm 14.5 £350,000 £5,075,000 £26,098,728 £21,023,728 £23,853,035 £18,778,035 £22,384,913 £17,309,913 £19,156,546 £14,081,546
Park Mill Farm 17.7 £350,000 £6,195,000 £45,759,414 £39,564,414 £42,078,369 £35,883,369 £38,167,078 £31,972,078 £34,804,170 £28,609,170
Longwick Road 19.5 £350,000 £6,825,000 £49,722,861 £42,897,861 £46,268,777 £39,443,777 £44,021,392 £37,196,392 £36,497,997 £29,672,997
Appendix 7
Wycombe District Council
Strategic sites land values and surpluses for infrastructure
Assumes affordable rent at 80% market rent and shared ownership at 40% sold.
Assumes rented is 66% of total affordable.
Affordable at 10%, 20%, 30% and 40%.
Site Gross area EUV per EUV Land value Surplus Land value Surplus Land value Surplus Land value Surplus
for EUV ha 10% aff 10% aff 20% aff 20% aff 30% aff 30% aff 40% aff 40% aff
Abbey Barn South 18.8 £350,000 £6,580,000 £24,058,074 £17,478,074 £24,944,224 £18,364,224 £22,347,738 £15,767,738 £18,050,572 £11,470,572
Abbey Barn North 3.9 £350,000 £1,365,000 £7,098,115 £5,733,115 £6,029,009 £4,664,009 £4,311,723 £2,946,723 £3,490,208 £2,125,208
Gomm Valley 1 13.3 £350,000 £4,655,000 £21,337,179 £16,682,179 £18,221,138 £13,566,138 £17,380,140 £12,725,140 £16,271,607 £11,616,607
Gomm Valley 2 17.5 £350,000 £6,125,000 £27,651,384 £21,526,384 £24,312,128 £18,187,128 £23,708,975 £17,583,975 £20,451,047 £14,326,047
Slate Meadow 6.3 £350,000 £2,205,000 £15,493,514 £13,288,514 £14,655,949 £12,450,949 £14,107,741 £11,902,741 £12,845,753 £10,640,753
Terriers Farm 14.5 £350,000 £5,075,000 £26,346,529 £21,271,529 £24,295,936 £19,220,936 £22,966,199 £17,891,199 £20,028,644 £14,953,644
Park Mill Farm 17.7 £350,000 £6,195,000 £46,101,172 £39,906,172 £42,078,369 £35,883,369 £39,012,156 £32,817,156 £35,995,798 £29,800,798
Longwick Road 19.5 £350,000 £6,825,000 £50,061,796 £43,236,796 £46,903,827 £40,078,827 £44,981,706 £38,156,706 £37,745,399 £30,920,399
Appendix 7
Wycombe District Council
Strategic sites land values and surpluses for infrastructure
Assumes affordable rent at 80% market rent and shared ownership at 50% sold.
Assumes rented is 66% of total affordable.
Affordable at 10%, 20%, 30% and 40%.
Site Land value Surplus Land value Surplus Land value Surplus Land value Surplus
10% aff 10% aff 20% aff 20% aff 30% aff 30% aff 40% aff 40% aff
Abbey Barn South £24,310,643 £17,730,643 £25,435,860 £18,855,860 £23,075,748 £16,495,748 £19,099,221 £12,519,221
Abbey Barn North £7,146,451 £5,781,451 £6,133,299 £4,768,299 £4,424,041 £3,059,041 £3,644,105 £2,279,105
Gomm Valley 1 £21,555,170 £16,900,170 £18,604,250 £13,949,250 £17,942,550 £13,287,550 £16,971,207 £12,316,207
Gomm Valley 2 £27,915,954 £21,790,954 £24,857,880 £18,732,880 £24,372,966 £18,247,966 £21,341,014 £15,216,014
Slate Meadow £15,604,285 £13,399,285 £14,874,013 £12,669,013 £14,448,884 £12,243,884 £13,298,470 £11,093,470
Terriers Farm £26,594,330 £21,519,330 £24,816,046 £19,741,046 £23,688,064 £18,613,064 £20,814,231 £15,739,231
Park Mill Farm £46,442,930 £40,247,930 £42,707,320 £36,512,320 £39,857,235 £33,662,235 £37,187,425 £30,992,425
Longwick Road £50,400,730 £43,575,730 £47,538,878 £40,713,878 £45,942,020 £39,117,020 £38,992,802 £32,167,802
Appendix 7
Wycombe District Council
Strategic sites land values and surpluses for infrastructure
Assumes affordable rent at 65% market rent and shared ownership at 40% sold.
Assumes rented is 66% of total affordable.
Affordable at 10%, 20%, 30% and 40%.
Site Gross area EUV per EUV Land value Surplus Land value Surplus Land value Surplus Land value Surplus
for EUV ha 10% aff 10% aff 20% aff 20% aff 30% aff 30% aff 40% aff 40% aff
Abbey Barn South 18.8 £350,000 £6,580,000 £23,171,963 £16,591,963 £23,295,985 £16,715,985 £19,918,034 £13,338,034 £15,032,644 £8,452,644
Abbey Barn North 3.9 £350,000 £1,365,000 £6,919,668 £5,554,668 £5,682,821 £4,317,821 £3,872,757 £2,507,757 £2,940,825 £1,575,825
Gomm Valley 1 13.3 £350,000 £4,655,000 £20,602,520 £15,947,520 £16,865,742 £12,210,742 £15,564,163 £10,909,163 £13,945,192 £9,290,192
Gomm Valley 2 17.5 £350,000 £6,125,000 £26,726,270 £20,601,270 £22,671,023 £16,546,023 £21,552,507 £15,427,507 £17,401,996 £11,276,996
Slate Meadow 6.3 £350,000 £2,205,000 £15,217,867 £13,012,867 £14,143,429 £11,938,429 £13,146,308 £10,941,308 £11,562,023 £9,357,023
Terriers Farm 14.5 £350,000 £5,075,000 £25,729,967 £20,654,967 £23,278,790 £18,203,790 £20,944,581 £15,869,581 £17,279,974 £12,204,974
Park Mill Farm 17.7 £350,000 £6,195,000 £45,319,798 £39,124,798 £40,595,132 £34,400,132 £36,531,566 £30,336,566 £32,791,381 £26,596,381
Longwick Road 19.5 £350,000 £6,825,000 £49,247,659 £42,422,659 £45,355,566 £38,530,566 £42,249,618 £35,424,618 £34,370,865 £27,545,865
Appendix 7
Wycombe District Council
Strategic sites land values and surpluses for infrastructure
Assumes affordable rent at 65% market rent and shared ownership at 30% sold.
Assumes rented is 66% of total affordable.
Affordable at 10%, 20%, 30% and 40%.
Site Gross area EUV per EUV Land value Surplus Land value Surplus Land value Surplus Land value Surplus
for EUV ha 10% aff 10% aff 20% aff 20% aff 30% aff 30% aff 40% aff 40% aff
Abbey Barn South 18.8 £350,000 £6,580,000 £22,919,393 £16,339,393 £22,803,318 £16,223,318 £19,123,834 £12,543,834 £14,017,905 £7,437,905
Abbey Barn North 3.9 £350,000 £1,365,000 £6,871,332 £5,506,332 £5,578,531 £4,213,531 £3,760,439 £2,395,439 £2,781,067 £1,416,067
Gomm Valley 1 13.3 £350,000 £4,655,000 £20,384,530 £15,729,530 £16,470,751 £11,815,751 £14,999,091 £10,344,091 £13,214,299 £8,559,299
Gomm Valley 2 17.5 £350,000 £6,125,000 £26,461,701 £20,336,701 £22,165,307 £16,040,307 £20,843,972 £14,718,972 £16,424,824 £10,299,824
Slate Meadow 6.3 £350,000 £2,205,000 £15,107,096 £12,902,096 £13,925,365 £11,720,365 £12,805,165 £10,600,165 £11,109,306 £8,904,306
Terriers Farm 14.5 £350,000 £5,075,000 £25,482,167 £20,407,167 £22,824,178 £17,749,178 £20,366,124 £15,291,124 £16,538,874 £11,463,874
Park Mill Farm 17.7 £350,000 £6,195,000 £44,978,040 £38,783,040 £39,966,181 £33,771,181 £35,686,488 £29,491,488 £31,599,754 £25,404,754
Longwick Road 19.5 £350,000 £6,825,000 £48,908,724 £42,083,724 £44,720,515 £37,895,515 £41,289,304 £34,464,304 £33,123,463 £26,298,463
Appendix 7A Wycombe District Council
Strategic appraisal summary
Assumes 40% affordable by bedspace
Assumes affordable housing is 66% rented.
Affordable rent at 65% market rent. Shared ownership at 30% sale
Figures from HCA DAT appraisals
Abbey Barn Abbey Barn Gomm Valley 1 Gomm Valley 2 Longwick Road Park Mill Farm Slate Meadow Terriers Farm
North South Mill Lane
No. units 75 470 330 435 485 440 170 360
Residential area (ha) for built area calculation 3.0 11.8 9.4 12.4 13.8 12.5 4.3 10.3
Units per ha 25 40 35 35 35 35 40 35
Built area sqm 7270 40900 31494 39358 44121 41435 14722 33466
Built area per ha 2423 3466 3350 3174 3197 3315 3424 3249
Total scheme value £18,952,624 £105,918,227 £82,095,345 £102,775,558 £137,135,920 £128,350,138 £45,873,963 £90,156,755
Total scheme value per sqm (incl. affordable) £2,607 £2,590 £2,607 £2,611 £3,108 £3,098 £3,116 £2,694
Total base build cost £7,995,936 £45,712,638 £33,888,071 £42,868,191 £48,814,021 £45,661,312 £15,944,249 £36,842,536
Base build cost per sqm £1,100 £1,118 £1,076 £1,089 £1,106 £1,102 £1,083 £1,101
Site preparation/demolition £75,000 £500,000 £330,000 £435,000 £485,000 £440,000 £170,000 £360,000
Strategic landscaping £67,500 £420,000 £997,500 £382,500 £427,500 £390,000 £150,000 £315,000
Public open space £100,000 £300,000 £300,000 £300,000 £300,000 £300,000 £100,000 £200,000
Sustainability £500,000 £2,350,000 £1,800,000 £2,350,000 £2,600,000 £2,400,000 £850,000 £1,900,000
Roads and sewers infrastructure £520,000 £4,888,000 £3,458,000 £4,550,000 £5,070,000 £4,602,000 £1,638,000 £3,770,000
Extra costs for sloping site £225,000 £1,410,000 £990,000 £1,305,000 £0 £0 £0 £0
Build cost contingency % 5 5 5 5 5 5 5 5
Total build cost per sqm excl contingency £1,304 £1,359 £1,326 £1,326 £1,308 £1,298 £1,281 £1,296
Fees and certification £1,007,488 £3,839,862 £2,846,598 £3,600,928 £4,100,378 £3,835,550 £2,008,975 £3,094,773
S106 costs £75,000 £470,000 £330,000 £435,000 £485,000 £440,000 £170,000 £360,000
CIL costs £564,375 £3,098,958 £2,428,750 £3,051,667 £4,100,000 £3,858,000 £1,306,500 £2,552,500
Sales and marketing costs £470,350 £2,549,200 £2,001,250 £2,513,350 £3,326,500 £3,109,900 £1,099,750 £2,184,700
Finance and acquisition costs £1,033,383 £6,855,699 £4,364,964 £5,565,181 £9,451,556 £8,414,373 £3,178,594 £5,413,650
Profit market housing @ 20% on sales £2,937,000 £16,032,000 £12,619,000 £15,805,000 £21,190,000 £19,866,000 £6,933,000 £13,834,000
Profit affordable housing @ 6% on cost £200,729 £1,188,333 £832,510 £1,045,507 £1,221,801 £1,150,183 £418,377 £948,596
Resultant land value £2,781,067 £14,017,905 £13,214,299 £16,424,824 £33,123,463 £31,599,754 £11,109,306 £16,538,874
Developable area for existing use value (ha) 3.9 18.8 13.3 17.5 19.5 17.7 6.3 14.5
Existing use value@£350,000 per ha £1,365,000 £6,580,000 £4,655,000 £6,125,000 £6,825,000 £6,195,000 £2,205,000 £5,075,000
Surplus land value for Infrastructure £1,416,067 £7,437,905 £8,559,299 £10,299,824 £26,298,463 £25,404,754 £8,904,306 £11,463,874
Surplus per ha £363,094 £395,633 £643,556 £588,561 £1,348,639 £1,435,297 £1,413,382 £790,612
Higher revenues on High Wycombe sites:
Resultant land value: £3,039,224 £15,794,006 £14,768,867 £18,413,502 £16,745,733
Surplus: £1,674,224 £9,214,006 £10,113,867 £12,288,502 £11,670,733
Surplus per ha: £429,288 £490,107 £760,441 £702,200 £804,878
Appendix 7A Wycombe District Council
Strategic appraisal summary
Assumes 40% affordable by bedspace
Assumes affordable housing is 66% rented.
Affordable rent at 80% market rent. Shared ownership at 30% sale
Figures from HCA DAT appraisal
Princes Risborough
Growth Area
No. units 2500
Residential area (ha) for built area calculation 71.0
Units per ha 35
Built area sqm 226871
Built area per ha 3195
Total scheme value £724,105,734
Total scheme value per sqm (incl. affordable) £3,192
Total base build cost £251,034,457
Base build cost per sqm £1,107
Site preparation/demolition £2,500,000
Strategic landscaping £5,325,000
Public open space £900,000
Sustainability £12,550,000
Roads and sewers infrastructure £18,460,000
Transport package £26,000,000
Extra costs for sloping site £0
Build cost contingency % 5
Total build cost per sqm excl contingency £1,282
Fees and certification £21,086,894
S106 costs £2,500,000
CIL costs £20,880,000
Sales and marketing costs £18,356,400
Finance and acquisition costs £53,141,638
Profit market housing @ 20% on sales £107,930,000
Profit affordable housing @ 6% on cost £6,365,847
Resultant land value £164,523,774
Developable area for existing use value (ha) 71.0
Existing use value@£350,000 per ha £24,850,000
Surplus land value for Infrastructure £139,673,774
Surplus per ha £1,967,236
Appendix 7B.1
Wycombe District Council
Strategic sites market sales values
By unit type and floor area sqm
Site 1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
46 60 75 95 125 170
Abbey Barn South £165,000 £210,000 £240,000 £305,000 £410,000 £550,000
Abbey Barn North £165,000 £210,000 £240,000 £305,000 £410,000 £550,000
Gomm Valley 1 £165,000 £210,000 £240,000 £305,000 £410,000 £550,000
Gomm Valley 2 £165,000 £210,000 £240,000 £305,000 £410,000 £550,000
Terriers Farm £175,000 £230,000 £270,000 £330,000 £420,000 £565,000
Slate Meadow £195,000 £250,000 £310,000 £390,000 £475,000 £650,000
Park Mill Farm £195,000 £250,000 £310,000 £390,000 £475,000 £650,000
Longwick Road £195,000 £250,000 £310,000 £390,000 £475,000 £650,000
Princes Risborough £195,000 £250,000 £310,000 £390,000 £475,000 £650,000
Growth Area
Appendix 7B.2
Wycombe District Council
Strategic sites market sales values
By unit type and floor area sqm
Site 1 bed flat 2 bed flat 2 bed house 3 bed house 4 bed house 5 bed house
46 60 75 95 125 170
Abbey Barn South £175,000 £210,000 £255,000 £320,000 £425,000 £550,000
Abbey Barn North £175,000 £210,000 £255,000 £320,000 £425,000 £550,000
Gomm Valley 1 £175,000 £210,000 £255,000 £320,000 £425,000 £550,000
Gomm Valley 2 £175,000 £210,000 £255,000 £320,000 £425,000 £550,000
Terriers Farm £175,000 £230,000 £270,000 £330,000 £425,000 £565,000
Slate Meadow £195,000 £250,000 £310,000 £390,000 £475,000 £650,000
Park Mill Farm £195,000 £250,000 £310,000 £390,000 £475,000 £650,000
Longwick Road £195,000 £250,000 £310,000 £390,000 £475,000 £650,000
Princes Risborough £195,000 £250,000 £310,000 £390,000 £475,000 £650,000
Growth Area
Appendix 7C
Wycombe District Council
Testing High Wycombe sites at higher values for 30% and 40% affordable.
Affordable rent at 65% market rent, shared ownership with 30% sale.
Assuming 66% rented and 50% rented.
66% Rented
40% 30%
Site Lower value Higher value Lower value Higher value
Abbey Barn North £2,781,067 £3,039,224 £3,760,439 £4,138,825
Abbey Barn South £14,017,905 £15,794,006 £19,123,834 £21,385,768
Gomm Valley 1 £13,214,299 £14,768,867 £14,999,091 £16,667,742
Gomm Valley 2 £16,424,824 £18,413,502 £20,843,972 £22,925,702
Terriers Farm £16,538,874 £16,745,733 £20,366,124 £20,567,194
50% Rented
Abbey Barn North £2,933,002 £3,223,977 £3,915,363 £4,319,578
Abbey Barn South £14,982,575 £16,961,804 £19,792,931 £22,213,116
Gomm Valley 1 £14,133,355 £15,834,160 £15,591,206 £17,386,595
Gomm Valley 2 £17,494,797 £19,618,958 £21,608,293 £23,838,697
Terriers Farm £17,828,928 £18,035,787 £21,265,682 £21,466,751
Appendix 8
Valuations at 10% affordable
Affordable Rent 65% market rent. Shared Ownership 30% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£831,405 £946,191 £1,472,232 £1,551,917 £1,855,925
24.2% 26.2% 33.2% 34.1% 37.1%
£2,494,216 £2,838,572 £4,416,695 £4,655,752 £5,567,776
£566,227 £650,067 £1,142,837 £1,315,489 £1,559,856
22.6% 24.7% 33.6% 36.0% 38.8%
£2,831,137 £3,250,335 £5,714,184 £6,577,446 £7,799,278
£279,663 £338,113 £607,987 £607,987 £757,902
16.2% 18.6% 27.1% 27.1% 30.8%
£2,097,470 £2,535,848 £4,559,905 £4,559,905 £5,684,267
£1,408,693 £1,624,612 £2,623,375 £2,763,300 £3,334,964
20.9% 23.0% 30.1% 30.9% 34.0%
£1,690,431 £1,949,535 £3,148,050 £3,315,960 £4,001,957
£1,259,797 £1,461,170 £2,572,841 £2,814,529 £3,376,869
20.1% 22.2% 30.7% 32.1% 35.0%
£2,519,595 £2,922,340 £5,145,682 £5,629,057 £6,753,739
£3,433,809 £3,946,852 £6,316,748 £6,620,744 £7,975,968
20.5% 22.5% 29.3% 30.0% 32.8%
£2,060,285 £2,368,111 £3,790,049 £3,972,447 £4,785,581
£2,306,297 £2,687,595 £4,880,844 £5,440,196 £6,523,988
18.6% 20.6% 29.1% 30.8% 33.6%
£2,306,297 £2,687,595 £4,880,844 £5,440,196 £6,523,988
£7,062,907 £8,108,937 £12,825,988 £13,367,101 £16,110,938
20.7% 22.6% 29.2% 29.9% 32.7%
£2,118,872 £2,432,681 £3,847,796 £4,010,130 £4,833,281
£4,663,732 £5,444,156 £10,005,776 £11,197,440 £13,427,666
18.4% 20.4% 29.1% 30.8% 33.6%
£2,331,866 £2,722,078 £5,002,888 £5,598,720 £6,713,833
£26,387,303 £30,391,246 £48,907,699 £51,173,495 £61,742,018
19.4% 21.3% 27.8% 28.5% 31.3%
£1,979,048 £2,279,343 £3,668,077 £3,838,012 £4,630,651
£16,867,839 £19,763,231 £36,039,939 £39,894,128 £48,046,355
17.2% 19.2% 27.4% 28.8% 31.6%
£2,108,480 £2,470,404 £4,504,992 £4,986,766 £6,005,794
Average LV/ha with affordable £2,230,700 £2,586,986 £4,425,378 £4,780,399 £5,754,559
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
Appendix 8
Valuations at 20% affordable
Affordable Rent 65% market rent. Shared Ownership 30% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£699,312 £802,901 £1,274,808 £1,367,775 £1,643,810
22.8% 24.9% 32.2% 33.4% 36.4%
£2,097,935 £2,408,704 £3,824,425 £4,103,325 £4,931,429
£484,600 £557,755 £1,021,611 £1,174,342 £1,401,649
20.9% 22.9% 32.5% 34.8% 37.7%
£2,423,002 £2,788,773 £5,108,055 £5,871,710 £7,008,245
£218,399 £270,341 £534,058 £534,058 £678,833
13.2% 15.6% 24.9% 24.9% 28.8%
£1,637,994 £2,027,556 £4,005,438 £4,005,438 £5,091,247
£1,659,930 £1,910,717 £3,094,623 £3,266,349 £3,933,384
21.4% 23.5% 30.8% 31.7% 34.7%
£1,991,916 £2,292,860 £3,713,548 £3,919,619 £4,720,060
£1,144,428 £1,342,971 £2,366,536 £2,570,062 £3,113,463
18.7% 20.9% 29.3% 30.7% 33.8%
£2,288,856 £2,685,941 £4,733,072 £5,140,125 £6,226,927
£2,948,441 £3,416,412 £5,645,438 £5,955,514 £7,201,145
19.5% 21.5% 28.8% 29.6% 32.5%
£1,769,065 £2,049,847 £3,387,263 £3,573,308 £4,320,687
£2,052,748 £2,420,672 £4,539,053 £5,019,366 £6,058,871
17.3% 19.4% 28.4% 29.9% 32.8%
£2,052,748 £2,420,672 £4,539,053 £5,019,366 £6,058,871
£6,013,682 £6,977,786 £11,302,230 £11,776,464 £14,299,321
19.3% 21.3% 28.3% 28.9% 31.9%
£1,804,105 £2,093,336 £3,390,669 £3,532,939 £4,289,796
£4,368,676 £5,129,684 £9,408,010 £10,471,996 £12,618,925
17.8% 19.9% 28.6% 30.2% 33.1%
£2,184,338 £2,564,842 £4,704,005 £5,235,998 £6,309,462
£22,394,347 £26,056,258 £43,253,773 £45,531,248 £55,239,104
18.2% 20.1% 27.1% 27.9% 30.7%
£1,679,576 £1,954,219 £3,244,033 £3,414,844 £4,142,933
£15,571,299 £18,408,110 £34,574,793 £38,493,218 £46,513,189
16.4% 18.4% 27.0% 28.5% 31.4%
£1,946,412 £2,301,014 £4,321,849 £4,811,652 £5,814,149
Average LV/ha with affordable £1,988,722 £2,326,160 £4,088,310 £4,420,757 £5,355,801
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
Appendix 8
Valuations at 30% affordable
Affordable Rent 65% market rent. Shared Ownership 30% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£469,124 £543,227 £1,012,452 £1,125,340 £1,350,736
20.3% 22.4% 32.3% 34.0% 37.1%
£1,407,372 £1,629,680 £3,037,357 £3,376,021 £4,052,209
£490,048 £572,022 £1,033,297 £1,139,544 £1,369,920
20.4% 22.7% 32.1% 33.7% 36.8%
£2,450,240 £2,860,111 £5,166,483 £5,697,721 £6,849,602
£185,311 £239,909 £480,578 £480,578 £617,424
12.0% 14.7% 24.0% 24.0% 28.0%
£1,389,835 £1,799,316 £3,604,332 £3,604,332 £4,630,682
£1,242,763 £1,461,244 £2,482,509 £2,616,073 £3,194,253
18.6% 20.8% 28.7% 29.6% 32.8%
£1,491,315 £1,753,493 £2,979,010 £3,139,287 £3,833,104
£976,944 £1,163,353 £2,148,348 £2,313,713 £2,823,503
17.2% 19.5% 28.5% 29.7% 32.9%
£1,953,889 £2,326,707 £4,296,695 £4,627,426 £5,647,007
£2,527,348 £2,962,968 £5,012,059 £5,230,936 £6,380,312
18.1% 20.2% 27.8% 28.4% 31.5%
£1,516,409 £1,777,781 £3,007,236 £3,138,562 £3,828,187
£1,719,652 £2,064,942 £4,044,531 £4,470,126 £5,441,863
15.6% 17.8% 27.3% 28.8% 31.8%
£1,719,652 £2,064,942 £4,044,531 £4,470,126 £5,441,863
£4,710,032 £5,549,296 £9,596,467 £10,149,740 £12,387,067
17.6% 19.7% 27.5% 28.4% 31.5%
£1,413,010 £1,664,789 £2,878,940 £3,044,922 £3,716,120
£3,469,099 £4,171,730 £7,996,120 £8,664,911 £10,602,054
15.5% 17.7% 26.8% 28.0% 31.1%
£1,734,549 £2,085,865 £3,998,060 £4,332,456 £5,301,027
£18,594,661 £21,974,090 £37,335,993 £38,795,913 £47,634,669
16.5% 18.6% 25.8% 26.4% 29.4%
£1,394,600 £1,648,057 £2,800,199 £2,909,693 £3,572,600
£12,303,235 £14,921,608 £28,925,935 £31,436,997 £38,632,489
14.2% 16.4% 25.1% 26.3% 29.4%
£1,537,904 £1,865,201 £3,615,742 £3,929,625 £4,829,061
Average LV/ha with affordable £1,637,161 £1,952,358 £3,584,417 £3,842,743 £4,700,133
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
Appendix 8
Valuations at 40% affordable
Affordable Rent 65% market rent. Shared Ownership 30% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£504,007 £590,775 £1,047,820 £1,107,585 £1,342,899
20.1% 22.4% 31.5% 32.5% 35.8%
£1,512,022 £1,772,325 £3,143,461 £3,322,754 £4,028,697
£345,712 £412,795 £825,442 £958,251 £1,153,702
18.1% 20.5% 31.4% 33.8% 37.0%
£1,728,561 £2,063,973 £4,127,209 £4,791,257 £5,768,509
£156,355 £204,439 £408,768 £408,768 £526,965
11.3% 14.0% 23.2% 23.2% 27.1%
£1,172,663 £1,533,295 £3,065,759 £3,065,759 £3,952,236
£1,017,334 £1,217,676 £2,197,866 £2,299,629 £2,831,811
16.8% 19.1% 27.8% 28.5% 32.0%
£1,220,801 £1,461,211 £2,637,439 £2,759,555 £3,398,173
£776,800 £952,244 £1,890,264 £2,068,350 £2,551,154
14.7% 17.2% 27.0% 28.4% 31.9%
£1,553,600 £1,904,489 £3,780,529 £4,136,700 £5,102,308
£2,374,470 £2,805,919 £4,720,660 £4,872,658 £5,992,428
17.4% 19.5% 27.0% 27.5% 30.7%
£1,424,682 £1,683,551 £2,832,396 £2,923,595 £3,595,457
£1,339,587 £1,666,847 £3,354,211 £3,621,728 £4,509,525
13.0% 15.4% 24.8% 25.9% 29.3%
£1,339,587 £1,666,847 £3,354,211 £3,621,728 £4,509,525
£4,170,925 £4,981,576 £8,610,234 £8,938,550 £11,049,578
16.3% 18.5% 26.2% 26.8% 30.1%
£1,251,277 £1,494,473 £2,583,070 £2,681,565 £3,314,873
£2,839,777 £3,504,017 £6,946,566 £7,542,398 £9,351,602
13.6% 16.0% 25.2% 26.4% 29.8%
£1,419,889 £1,752,009 £3,473,283 £3,771,199 £4,675,801
£15,917,472 £19,118,290 £32,874,709 £33,809,058 £42,051,160
15.1% 17.3% 24.5% 24.9% 28.2%
£1,193,810 £1,433,872 £2,465,603 £2,535,679 £3,153,837
£10,409,137 £12,931,257 £26,861,979 £29,594,950 £36,597,354
12.6% 14.9% 24.3% 25.7% 28.9%
£1,301,142 £1,616,407 £3,357,747 £3,699,369 £4,574,669
Average LV/ha with affordable £1,374,367 £1,671,132 £3,165,519 £3,391,742 £4,188,553
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
Appendix 8
Valuations at 10% affordable
Affordable Rent 65% market rent. Shared Ownership 35% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£831,405 £946,191 £1,472,232 £1,551,917 £1,855,925
24.2% 26.2% 33.2% 34.1% 37.1%
£2,494,216 £2,838,572 £4,416,695 £4,655,752 £5,567,776
£566,227 £650,067 £1,142,837 £1,315,489 £1,559,856
22.6% 24.7% 33.6% 36.0% 38.8%
£2,831,137 £3,250,335 £5,714,184 £6,577,446 £7,799,278
£279,663 £338,113 £607,987 £607,987 £757,902
16.2% 18.6% 27.1% 27.1% 30.8%
£2,097,470 £2,535,848 £4,559,905 £4,559,905 £5,684,267
£1,412,348 £1,628,450 £2,627,912 £2,767,836 £3,339,954
20.9% 23.0% 30.2% 31.0% 34.0%
£1,694,817 £1,954,141 £3,153,494 £3,321,403 £4,007,945
£1,266,310 £1,468,008 £2,581,913 £2,823,601 £3,386,849
20.1% 22.2% 30.7% 32.2% 35.1%
£2,532,621 £2,936,017 £5,163,826 £5,647,201 £6,773,697
£3,452,845 £3,966,841 £6,342,986 £6,646,982 £8,004,830
20.6% 22.6% 29.3% 30.1% 32.9%
£2,071,707 £2,380,105 £3,805,791 £3,988,189 £4,802,898
£2,320,400 £2,702,403 £4,900,188 £5,459,541 £6,545,268
18.7% 20.7% 29.2% 30.9% 33.6%
£2,320,400 £2,702,403 £4,900,188 £5,459,541 £6,545,268
£7,096,743 £8,144,468 £12,872,904 £13,414,017 £16,162,548
20.8% 22.7% 29.3% 29.9% 32.8%
£2,129,023 £2,443,340 £3,861,871 £4,024,205 £4,848,764
£4,696,135 £5,478,176 £10,047,800 £11,239,464 £13,473,889
18.5% 20.5% 29.2% 30.9% 33.6%
£2,348,068 £2,739,088 £5,023,900 £5,619,732 £6,736,945
£26,525,224 £30,536,064 £49,097,774 £51,363,570 £61,951,104
19.5% 21.4% 27.9% 28.6% 31.3%
£1,989,392 £2,290,205 £3,682,333 £3,852,268 £4,646,333
£16,986,544 £19,887,868 £36,196,700 £40,050,889 £48,218,787
17.3% 19.3% 27.4% 28.9% 31.6%
£2,123,318 £2,485,983 £4,524,587 £5,006,361 £6,027,348
Average LV/ha with affordable £2,239,288 £2,596,003 £4,436,980 £4,792,000 £5,767,320
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
400
30
50
100
30
50
4
30
50
75
50
30
50
25
30
50
1
30
10
30
50
75
Appendix 8
Valuations at 20% affordable
Affordable Rent 65% market rent. Shared Ownership 35% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£699,312 £802,901 £1,274,808 £1,367,775 £1,643,810
22.8% 24.9% 32.2% 33.4% 36.4%
£2,097,935 £2,408,704 £3,824,425 £4,103,325 £4,931,429
£484,600 £557,755 £1,021,611 £1,174,342 £1,401,649
20.9% 22.9% 32.5% 34.8% 37.7%
£2,423,002 £2,788,773 £5,108,055 £5,871,710 £7,008,245
£218,399 £270,341 £534,058 £534,058 £678,833
13.2% 15.6% 24.9% 24.9% 28.8%
£1,637,994 £2,027,556 £4,005,438 £4,005,438 £5,091,247
£1,676,765 £1,928,394 £3,118,117 £3,289,842 £3,959,227
21.6% 23.6% 31.0% 31.8% 34.8%
£2,012,118 £2,314,073 £3,741,740 £3,947,810 £4,751,073
£1,161,376 £1,360,765 £2,388,517 £2,592,043 £3,137,640
18.9% 21.1% 29.5% 30.8% 33.9%
£2,322,753 £2,721,529 £4,777,033 £5,184,086 £6,275,281
£2,980,627 £3,450,210 £5,690,354 £6,000,430 £7,250,555
19.7% 21.7% 28.9% 29.7% 32.6%
£1,788,376 £2,070,126 £3,414,212 £3,600,258 £4,350,333
£2,082,944 £2,452,378 £4,580,855 £5,061,169 £6,104,855
17.5% 19.6% 28.5% 30.1% 33.0%
£2,082,944 £2,452,378 £4,580,855 £5,061,169 £6,104,855
£6,088,478 £7,056,320 £11,404,069 £11,878,303 £14,411,344
19.5% 21.5% 28.4% 29.1% 32.1%
£1,826,544 £2,116,896 £3,421,221 £3,563,491 £4,323,403
£4,428,921 £5,192,942 £9,490,837 £10,554,823 £12,710,036
18.0% 20.1% 28.7% 30.3% 33.2%
£2,214,461 £2,596,471 £4,745,419 £5,277,412 £6,355,018
£22,647,247 £26,321,805 £43,603,812 £45,881,287 £55,624,154
18.3% 20.3% 27.3% 28.0% 30.9%
£1,698,544 £1,974,135 £3,270,286 £3,441,097 £4,171,812
£15,804,028 £18,652,472 £34,886,821 £38,805,246 £46,856,417
16.5% 18.6% 27.1% 28.7% 31.5%
£1,975,503 £2,331,559 £4,360,853 £4,850,656 £5,857,052
Average LV/ha with affordable £2,007,288 £2,345,655 £4,113,594 £4,446,041 £5,383,613
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
100
30
50
25
30
50
400
30
50
50
30
50
Appendix 8
Valuations at 30% affordable
Affordable Rent 65% market rent. Shared Ownership 35% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£475,995 £550,367 £1,021,924 £1,134,812 £1,361,155
20.5% 22.6% 32.5% 34.2% 37.3%
£1,427,985 £1,651,100 £3,065,772 £3,404,436 £4,083,465
£496,848 £579,162 £1,042,768 £1,149,016 £1,380,339
20.6% 22.9% 32.2% 33.9% 37.0%
£2,484,241 £2,895,811 £5,213,841 £5,745,079 £6,901,696
£189,247 £244,041 £485,314 £485,314 £622,634
12.2% 15.0% 24.1% 24.1% 28.2%
£1,419,353 £1,830,309 £3,639,853 £3,639,853 £4,669,753
£1,263,299 £1,482,806 £2,510,421 £2,643,985 £3,224,956
18.8% 21.0% 28.9% 29.8% 33.0%
£1,515,958 £1,779,367 £3,012,505 £3,172,782 £3,869,948
£998,210 £1,185,683 £2,177,656 £2,343,021 £2,855,743
17.4% 19.7% 28.7% 29.9% 33.1%
£1,996,421 £2,371,366 £4,355,311 £4,686,042 £5,711,486
£2,574,232 £3,012,196 £5,076,764 £5,295,641 £6,451,489
18.4% 20.5% 28.0% 28.6% 31.7%
£1,544,539 £1,807,318 £3,046,058 £3,177,385 £3,870,893
£1,759,714 £2,107,010 £4,100,119 £4,525,714 £5,503,013
15.9% 18.1% 27.5% 29.0% 32.0%
£1,759,714 £2,107,010 £4,100,119 £4,525,714 £5,503,013
£4,804,292 £5,648,265 £9,725,432 £10,278,705 £12,528,928
17.8% 20.0% 27.7% 28.6% 31.7%
£1,441,287 £1,694,479 £2,917,630 £3,083,611 £3,758,678
£3,555,266 £4,262,205 £8,112,968 £8,781,759 £10,730,587
15.8% 18.0% 27.0% 28.2% 31.4%
£1,777,633 £2,131,102 £4,056,484 £4,390,879 £5,365,293
£18,981,889 £22,380,676 £37,865,859 £39,325,779 £48,217,524
16.8% 18.9% 26.0% 26.6% 29.6%
£1,423,642 £1,678,551 £2,839,939 £2,949,433 £3,616,314
£12,636,931 £15,271,983 £29,373,366 £31,884,429 £39,124,658
14.5% 16.7% 25.3% 26.5% 29.6%
£1,579,616 £1,908,998 £3,671,671 £3,985,554 £4,890,582
Average LV/ha with affordable £1,670,035 £1,986,856 £3,629,017 £3,887,343 £4,749,193
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
400
30
50
100
30
50
4
30
50
75
50
30
50
25
30
50
1
30
10
30
50
75
Appendix 8
Valuations at 40% affordable
Affordable Rent 65% market rent. Shared Ownership 35% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£517,608 £605,055 £1,066,763 £1,126,528 £1,363,737
20.5% 22.8% 31.9% 32.8% 36.1%
£1,552,823 £1,815,164 £3,200,290 £3,379,583 £4,091,210
£356,601 £424,229 £840,499 £973,308 £1,170,266
18.5% 21.0% 31.7% 34.1% 37.3%
£1,783,006 £2,121,146 £4,202,493 £4,866,541 £5,851,328
£165,150 £213,580 £419,688 £419,688 £538,852
11.8% 14.5% 23.6% 23.6% 27.5%
£1,238,622 £1,601,854 £3,147,658 £3,147,658 £4,041,390
£1,042,409 £1,244,006 £2,232,523 £2,334,287 £2,869,936
17.1% 19.4% 28.1% 28.8% 32.2%
£1,250,890 £1,492,807 £2,679,028 £2,801,144 £3,443,923
£809,010 £986,064 £1,934,459 £2,112,545 £2,599,768
15.2% 17.7% 27.4% 28.8% 32.2%
£1,618,020 £1,972,129 £3,868,918 £4,225,089 £5,199,537
£2,437,549 £2,872,156 £4,808,712 £4,960,710 £6,089,290
17.7% 19.9% 27.3% 27.8% 31.0%
£1,462,529 £1,723,294 £2,885,227 £2,976,426 £3,653,574
£1,400,849 £1,731,172 £3,436,371 £3,703,887 £4,599,901
13.5% 15.9% 25.2% 26.3% 29.7%
£1,400,849 £1,731,172 £3,436,371 £3,703,887 £4,599,901
£4,304,700 £5,122,035 £8,789,564 £9,117,880 £11,246,837
16.7% 18.9% 26.6% 27.1% 30.4%
£1,291,410 £1,536,611 £2,636,869 £2,735,364 £3,374,051
£2,952,646 £3,622,530 £7,100,880 £7,696,712 £9,521,349
14.0% 16.4% 25.6% 26.8% 30.1%
£1,476,323 £1,811,265 £3,550,440 £3,848,356 £4,760,675
£16,442,586 £19,669,652 £33,581,629 £34,515,978 £42,828,765
15.5% 17.7% 24.9% 25.3% 28.5%
£1,233,194 £1,475,224 £2,518,622 £2,588,698 £3,212,157
£10,852,670 £13,396,958 £27,466,062 £30,199,032 £37,261,844
13.0% 15.3% 24.7% 26.1% 29.2%
£1,356,584 £1,674,620 £3,433,258 £3,774,879 £4,657,731
Average LV/ha with affordable £1,424,023 £1,723,208 £3,232,652 £3,458,875 £4,262,316
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
100
30
50
25
30
50
400
30
50
50
30
50
Appendix 8
Valuations at 10% affordable
Affordable Rent 65% market rent. Shared Ownership 40% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£831,405 £946,191 £1,472,232 £1,551,917 £1,855,925
24.2% 26.2% 33.2% 34.1% 37.1%
£2,494,216 £2,838,572 £4,416,695 £4,655,752 £5,567,776
£566,227 £650,067 £1,142,837 £1,315,489 £1,559,856
22.6% 24.7% 33.6% 36.0% 38.8%
£2,831,137 £3,250,335 £5,714,184 £6,577,446 £7,799,278
£279,663 £338,113 £607,987 £607,987 £757,902
16.2% 18.6% 27.1% 27.1% 30.8%
£2,097,470 £2,535,848 £4,559,905 £4,559,905 £5,684,267
£1,416,003 £1,632,288 £2,632,447 £2,772,372 £3,344,943
21.0% 23.0% 30.2% 31.0% 34.0%
£1,699,204 £1,958,746 £3,158,937 £3,326,846 £4,013,932
£1,272,824 £1,474,847 £2,590,985 £2,832,672 £3,396,828
20.2% 22.3% 30.8% 32.2% 35.1%
£2,545,647 £2,949,694 £5,181,969 £5,665,345 £6,793,655
£3,471,886 £3,986,833 £6,369,224 £6,673,220 £8,033,692
20.7% 22.6% 29.4% 30.1% 33.0%
£2,083,131 £2,392,100 £3,821,534 £4,003,932 £4,820,215
£2,334,505 £2,717,214 £4,919,533 £5,478,886 £6,566,547
18.7% 20.8% 29.3% 30.9% 33.7%
£2,334,505 £2,717,214 £4,919,533 £5,478,886 £6,566,547
£7,130,588 £8,180,004 £12,919,821 £13,460,934 £16,214,156
20.8% 22.8% 29.4% 30.0% 32.8%
£2,139,177 £2,454,001 £3,875,946 £4,038,280 £4,864,247
£4,728,539 £5,512,200 £10,089,827 £11,281,491 £13,520,121
18.5% 20.6% 29.2% 30.9% 33.7%
£2,364,269 £2,756,100 £5,044,914 £5,640,746 £6,760,061
£26,663,162 £30,680,895 £49,287,853 £51,553,649 £62,160,190
19.5% 21.4% 28.0% 28.6% 31.4%
£1,999,737 £2,301,067 £3,696,589 £3,866,524 £4,662,014
£17,105,258 £20,012,516 £36,353,461 £40,207,650 £48,391,230
17.4% 19.3% 27.5% 29.0% 31.7%
£2,138,157 £2,501,565 £4,544,183 £5,025,956 £6,048,904
Average LV/ha with affordable £2,247,877 £2,605,022 £4,448,581 £4,803,602 £5,780,081
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
100
30
50
25
30
50
400
30
50
50
30
50
Appendix 8
Valuations at 20% affordable
Affordable Rent 65% market rent. Shared Ownership 40% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£699,312 £802,901 £1,274,808 £1,367,775 £1,643,810
22.8% 24.9% 32.2% 33.4% 36.4%
£2,097,935 £2,408,704 £3,824,425 £4,103,325 £4,931,429
£484,600 £557,755 £1,021,611 £1,174,342 £1,401,649
20.9% 22.9% 32.5% 34.8% 37.7%
£2,423,002 £2,788,773 £5,108,055 £5,871,710 £7,008,245
£218,399 £270,341 £534,058 £534,058 £678,833
13.2% 15.6% 24.9% 24.9% 28.8%
£1,637,994 £2,027,556 £4,005,438 £4,005,438 £5,091,247
£1,693,603 £1,946,073 £3,141,610 £3,313,335 £3,985,069
21.7% 23.8% 31.1% 31.9% 34.9%
£2,032,323 £2,335,288 £3,769,932 £3,976,002 £4,782,083
£1,178,325 £1,378,561 £2,410,499 £2,614,025 £3,161,822
19.1% 21.3% 29.7% 31.0% 34.0%
£2,356,650 £2,757,122 £4,820,998 £5,228,051 £6,323,644
£3,012,819 £3,484,009 £5,735,269 £6,045,345 £7,299,961
19.8% 21.8% 29.0% 29.8% 32.8%
£1,807,691 £2,090,406 £3,441,162 £3,627,207 £4,379,977
£2,113,146 £2,484,089 £4,622,658 £5,102,972 £6,150,838
17.7% 19.8% 28.7% 30.2% 33.1%
£2,113,146 £2,484,089 £4,622,658 £5,102,972 £6,150,838
£6,163,280 £7,134,861 £11,505,909 £11,980,143 £14,523,369
19.7% 21.7% 28.6% 29.2% 32.2%
£1,848,984 £2,140,458 £3,451,773 £3,594,043 £4,357,011
£4,489,175 £5,256,207 £9,573,665 £10,637,651 £12,801,147
18.2% 20.3% 28.9% 30.5% 33.3%
£2,244,587 £2,628,103 £4,786,832 £5,318,825 £6,400,573
£22,900,175 £26,587,371 £43,953,857 £46,231,332 £56,009,202
18.5% 20.4% 27.4% 28.1% 31.0%
£1,717,513 £1,994,053 £3,296,539 £3,467,350 £4,200,690
£16,036,775 £18,896,852 £35,198,847 £39,117,272 £47,199,652
16.7% 18.8% 27.3% 28.8% 31.6%
£2,004,597 £2,362,106 £4,399,856 £4,889,659 £5,899,957
Average LV/ha with affordable £2,025,857 £2,365,151 £4,138,879 £4,471,326 £5,411,427
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
400
30
50
100
30
50
4
30
50
75
50
30
50
25
30
50
1
30
10
30
50
75
Appendix 8
Valuations at 30% affordable
Affordable Rent 65% market rent. Shared Ownership 40% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£482,866 £557,506 £1,031,395 £1,144,284 £1,371,574
20.8% 22.8% 32.6% 34.4% 37.4%
£1,448,598 £1,672,519 £3,094,186 £3,432,851 £4,114,722
£503,648 £586,302 £1,052,240 £1,158,487 £1,390,758
20.8% 23.1% 32.4% 34.0% 37.1%
£2,518,241 £2,931,510 £5,261,199 £5,792,437 £6,953,790
£193,183 £243,160 £490,049 £490,049 £627,843
12.4% 14.9% 24.3% 24.3% 28.3%
£1,448,870 £1,823,699 £3,675,368 £3,675,368 £4,708,823
£1,283,836 £1,504,371 £2,538,334 £2,671,899 £3,255,662
19.1% 21.3% 29.1% 29.9% 33.2%
£1,540,604 £1,805,245 £3,046,001 £3,206,278 £3,906,794
£1,019,479 £1,208,015 £2,206,964 £2,372,330 £2,887,982
17.7% 20.0% 29.0% 30.1% 33.3%
£2,038,959 £2,416,030 £4,413,929 £4,744,659 £5,775,964
£2,621,122 £3,061,429 £5,141,470 £5,360,348 £6,522,665
18.6% 20.7% 28.2% 28.8% 31.9%
£1,572,673 £1,836,857 £3,084,882 £3,216,209 £3,913,599
£1,799,786 £2,149,083 £4,155,708 £4,581,303 £5,564,160
16.2% 18.4% 27.7% 29.2% 32.2%
£1,799,786 £2,149,083 £4,155,708 £4,581,303 £5,564,160
£4,898,556 £5,747,241 £9,854,402 £10,407,675 £12,670,796
18.1% 20.2% 28.0% 28.8% 31.9%
£1,469,567 £1,724,172 £2,956,321 £3,122,302 £3,801,239
£3,641,441 £4,352,687 £8,229,817 £8,898,608 £10,859,122
16.1% 18.3% 27.3% 28.5% 31.6%
£1,820,720 £2,176,344 £4,114,908 £4,449,304 £5,429,561
£19,369,150 £22,787,291 £38,395,731 £39,855,651 £48,800,388
17.0% 19.1% 26.3% 26.8% 29.8%
£1,452,686 £1,709,047 £2,879,680 £2,989,174 £3,660,029
£12,970,654 £15,622,386 £29,820,796 £32,331,859 £39,616,841
14.8% 16.9% 25.6% 26.7% 29.8%
£1,621,332 £1,952,798 £3,727,600 £4,041,482 £4,952,105
Average LV/ha with affordable £1,702,912 £2,017,937 £3,673,617 £3,931,942 £4,798,253
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
100
30
50
25
30
50
400
30
50
50
30
50
Appendix 8
Valuations at 40% affordable
Affordable Rent 65% market rent. Shared Ownership 40% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£531,208 £619,335 £1,085,706 £1,145,471 £1,384,574
20.9% 23.2% 32.2% 33.1% 36.4%
£1,593,624 £1,858,004 £3,257,119 £3,436,412 £4,153,723
£367,493 £435,665 £855,555 £988,365 £1,186,828
18.9% 21.4% 32.0% 34.4% 37.6%
£1,837,466 £2,178,326 £4,277,777 £4,941,825 £5,934,138
£173,944 £222,722 £430,608 £430,608 £550,741
12.3% 15.1% 24.0% 24.0% 27.9%
£1,304,580 £1,670,418 £3,229,557 £3,229,557 £4,130,555
£1,067,489 £1,270,340 £2,267,182 £2,368,945 £2,908,059
17.4% 19.7% 28.4% 29.1% 32.4%
£1,280,987 £1,524,408 £2,720,618 £2,842,734 £3,489,671
£841,223 £1,019,888 £1,978,655 £2,156,741 £2,648,384
15.7% 18.1% 27.8% 29.2% 32.6%
£1,682,446 £2,039,775 £3,957,310 £4,313,481 £5,296,769
£2,500,642 £2,938,400 £4,896,764 £5,048,762 £6,186,146
18.1% 20.2% 27.6% 28.1% 31.3%
£1,500,385 £1,763,040 £2,938,059 £3,029,257 £3,711,688
£1,462,120 £1,795,506 £3,518,532 £3,786,048 £4,690,279
14.0% 16.4% 25.6% 26.7% 30.0%
£1,462,120 £1,795,506 £3,518,532 £3,786,048 £4,690,279
£4,438,483 £5,262,506 £8,968,896 £9,297,212 £11,444,107
17.1% 19.3% 26.9% 27.5% 30.7%
£1,331,545 £1,578,752 £2,690,669 £2,789,164 £3,433,232
£3,065,529 £3,741,054 £7,255,196 £7,851,028 £9,691,098
14.4% 16.8% 25.9% 27.1% 30.4%
£1,532,764 £1,870,527 £3,627,598 £3,925,514 £4,845,549
£16,967,743 £20,221,055 £34,288,548 £35,222,897 £43,606,391
15.9% 18.0% 25.2% 25.6% 28.8%
£1,272,581 £1,516,579 £2,571,641 £2,641,717 £3,270,479
£11,296,235 £13,862,691 £28,070,151 £30,803,121 £37,926,350
13.5% 15.7% 25.0% 26.4% 29.5%
£1,412,029 £1,732,836 £3,508,769 £3,850,390 £4,740,794
Average LV/ha with affordable £1,473,684 £1,775,288 £3,299,786 £3,526,009 £4,336,080
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
400
30
50
100
30
50
4
30
50
75
50
30
50
25
30
50
1
30
10
30
50
75
Appendix 8
Valuations at 10% affordable
Affordable Rent 65% market rent. Shared Ownership 50% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£831,405 £946,191 £1,472,232 £1,551,917 £1,855,925
24.2% 26.2% 33.2% 34.1% 37.1%
£2,494,216 £2,838,572 £4,416,695 £4,655,752 £5,567,776
£566,227 £650,067 £1,142,837 £1,315,489 £1,559,856
22.6% 24.7% 33.6% 36.0% 38.8%
£2,831,137 £3,250,335 £5,714,184 £6,577,446 £7,799,278
£279,663 £338,113 £607,987 £607,987 £757,902
16.2% 18.6% 27.1% 27.1% 30.8%
£2,097,470 £2,535,848 £4,559,905 £4,559,905 £5,684,267
£1,423,313 £1,639,964 £2,641,519 £2,781,443 £3,354,922
21.1% 23.1% 30.2% 31.1% 34.1%
£1,707,976 £1,967,957 £3,169,823 £3,337,732 £4,025,906
£1,285,850 £1,488,525 £2,609,128 £2,850,816 £3,416,786
20.4% 22.5% 30.9% 32.3% 35.2%
£2,571,700 £2,977,050 £5,218,257 £5,701,632 £6,833,571
£3,509,961 £4,026,813 £6,421,701 £6,725,697 £8,091,417
20.9% 22.8% 29.6% 30.3% 33.1%
£2,105,977 £2,416,088 £3,853,021 £4,035,418 £4,854,850
£2,362,712 £2,746,832 £4,958,224 £5,517,577 £6,609,107
18.9% 20.9% 29.4% 31.0% 33.8%
£2,362,712 £2,746,832 £4,958,224 £5,517,577 £6,609,107
£7,198,269 £8,251,070 £13,013,658 £13,554,771 £16,317,378
21.0% 22.9% 29.5% 30.1% 32.9%
£2,159,481 £2,475,321 £3,904,097 £4,066,431 £4,895,213
£4,793,335 £5,580,240 £10,173,879 £11,365,543 £13,612,575
18.7% 20.8% 29.4% 31.1% 33.8%
£2,396,667 £2,790,120 £5,086,939 £5,682,771 £6,806,288
£26,939,011 £30,970,545 £49,668,016 £51,933,812 £62,578,372
19.7% 21.6% 28.1% 28.8% 31.5%
£2,020,426 £2,322,791 £3,725,101 £3,895,036 £4,693,378
£17,342,655 £20,261,795 £36,666,988 £40,521,176 £48,736,101
17.5% 19.5% 27.6% 29.1% 31.8%
£2,167,832 £2,532,724 £4,583,373 £5,065,147 £6,092,013
Average LV/ha with affordable £2,265,054 £2,623,058 £4,471,784 £4,826,804 £5,805,604
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
100
30
50
25
30
50
400
30
50
50
30
50
Appendix 8
Valuations at 20% affordable
Affordable Rent 65% market rent. Shared Ownership 50% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£699,312 £802,901 £1,274,808 £1,367,775 £1,643,810
22.8% 24.9% 32.2% 33.4% 36.4%
£2,097,935 £2,408,704 £3,824,425 £4,103,325 £4,931,429
£484,600 £557,755 £1,021,611 £1,174,342 £1,401,649
20.9% 22.9% 32.5% 34.8% 37.7%
£2,423,002 £2,788,773 £5,108,055 £5,871,710 £7,008,245
£218,399 £270,341 £534,058 £534,058 £678,833
13.2% 15.6% 24.9% 24.9% 28.8%
£1,637,994 £2,027,556 £4,005,438 £4,005,438 £5,091,247
£1,727,276 £1,981,431 £3,188,598 £3,360,323 £4,036,757
22.0% 24.1% 31.4% 32.2% 35.2%
£2,072,731 £2,377,717 £3,826,317 £4,032,388 £4,844,108
£1,212,216 £1,414,149 £2,454,462 £2,657,989 £3,210,180
19.5% 21.7% 30.0% 31.3% 34.3%
£2,424,433 £2,828,298 £4,908,924 £5,315,977 £6,420,360
£3,077,197 £3,551,608 £5,825,104 £6,135,180 £7,398,780
20.1% 22.1% 29.3% 30.1% 33.0%
£1,846,318 £2,130,965 £3,495,062 £3,681,108 £4,439,268
£2,173,542 £2,547,506 £4,706,266 £5,186,580 £6,242,808
18.1% 20.2% 29.0% 30.5% 33.4%
£2,173,542 £2,547,506 £4,706,266 £5,186,580 £6,242,808
£6,312,871 £7,291,936 £11,709,591 £12,183,825 £14,747,419
20.0% 22.0% 28.9% 29.5% 32.5%
£1,893,861 £2,187,581 £3,512,877 £3,655,148 £4,424,226
£4,609,669 £5,382,730 £9,739,324 £10,803,310 £12,983,373
18.5% 20.6% 29.2% 30.8% 33.6%
£2,304,835 £2,691,365 £4,869,662 £5,401,655 £6,491,686
£23,405,991 £27,118,493 £44,653,954 £46,931,429 £56,779,315
18.8% 20.7% 27.6% 28.4% 31.2%
£1,755,449 £2,033,887 £3,349,047 £3,519,857 £4,258,449
£16,502,222 £19,385,591 £35,822,910 £39,741,336 £47,886,114
17.1% 19.1% 27.6% 29.1% 31.9%
£2,062,778 £2,423,199 £4,477,864 £4,967,667 £5,985,764
Average LV/ha with affordable £2,062,989 £2,404,141 £4,189,449 £4,521,896 £5,467,054
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
400
30
50
100
30
50
4
30
50
75
50
30
50
25
30
50
1
30
10
30
50
75
Appendix 8
Valuations at 30% affordable
Affordable Rent 65% market rent. Shared Ownership 50% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£491,488 £571,787 £1,050,339 £1,163,227 £1,392,411
21.0% 23.2% 33.0% 34.7% 37.7%
£1,474,465 £1,715,362 £3,151,016 £3,489,680 £4,177,234
£517,249 £600,583 £1,071,183 £1,177,431 £1,411,596
21.2% 23.5% 32.8% 34.3% 37.4%
£2,586,243 £3,002,914 £5,355,914 £5,887,153 £7,057,978
£201,053 £251,258 £499,521 £499,521 £638,261
12.8% 15.3% 24.6% 24.6% 28.6%
£1,507,899 £1,884,432 £3,746,405 £3,746,405 £4,786,958
£1,324,907 £1,547,496 £2,594,161 £2,727,725 £3,317,071
19.5% 21.7% 29.5% 30.3% 33.5%
£1,589,888 £1,856,995 £3,112,993 £3,273,270 £3,980,485
£1,062,013 £1,252,676 £2,265,583 £2,430,948 £2,952,463
18.3% 20.5% 29.4% 30.6% 33.7%
£2,124,026 £2,505,352 £4,531,165 £4,861,895 £5,904,925
£2,714,892 £3,159,891 £5,270,885 £5,489,762 £6,665,022
19.1% 21.2% 28.6% 29.2% 32.3%
£1,628,935 £1,895,935 £3,162,531 £3,293,857 £3,999,013
£1,879,918 £2,233,225 £4,266,889 £4,692,484 £5,686,460
16.7% 18.9% 28.2% 29.6% 32.6%
£1,879,918 £2,233,225 £4,266,889 £4,692,484 £5,686,460
£5,087,069 £5,945,187 £10,112,339 £10,665,612 £12,954,527
18.6% 20.7% 28.4% 29.2% 32.3%
£1,526,121 £1,783,556 £3,033,702 £3,199,684 £3,886,358
£3,813,774 £4,533,643 £8,463,518 £9,132,309 £11,116,192
16.7% 18.9% 27.7% 28.9% 32.0%
£1,906,887 £2,266,822 £4,231,759 £4,566,154 £5,558,096
£20,143,609 £23,600,500 £39,455,486 £40,915,406 £49,966,119
17.6% 19.6% 26.7% 27.2% 30.2%
£1,510,771 £1,770,037 £2,959,161 £3,068,655 £3,747,459
£13,638,030 £16,323,160 £30,715,672 £33,226,734 £40,601,192
15.4% 17.5% 26.1% 27.2% 30.2%
£1,704,754 £2,040,395 £3,839,459 £4,153,342 £5,075,149
Average LV/ha with affordable £1,767,264 £2,086,820 £3,762,818 £4,021,144 £4,896,374
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
100
30
50
25
30
50
400
30
50
50
30
50
Appendix 8
Valuations at 40% affordable
Affordable Rent 65% market rent. Shared Ownership 50% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£558,409 £647,896 £1,123,593 £1,183,357 £1,426,249
21.6% 23.9% 32.9% 33.7% 37.0%
£1,675,226 £1,943,688 £3,370,778 £3,550,071 £4,278,748
£389,274 £458,536 £885,671 £1,018,480 £1,219,955
19.8% 22.2% 32.7% 35.0% 38.1%
£1,946,371 £2,292,678 £4,428,354 £5,092,402 £6,099,775
£189,615 £241,005 £452,447 £452,447 £574,516
13.3% 16.0% 24.9% 24.9% 28.7%
£1,422,114 £1,807,535 £3,393,354 £3,393,354 £4,308,868
£1,117,643 £1,323,002 £2,336,501 £2,438,264 £2,984,311
18.0% 20.3% 28.9% 29.6% 32.9%
£1,341,172 £1,587,603 £2,803,801 £2,925,916 £3,581,173
£905,643 £1,087,531 £2,067,047 £2,245,133 £2,745,616
16.6% 19.0% 28.6% 29.9% 33.2%
£1,811,287 £2,175,062 £4,134,094 £4,490,266 £5,491,232
£2,626,814 £3,070,884 £5,072,875 £5,224,873 £6,379,871
18.7% 20.9% 28.2% 28.7% 31.8%
£1,576,088 £1,842,530 £3,043,725 £3,134,924 £3,827,922
£1,584,644 £1,924,161 £3,682,857 £3,950,373 £4,871,034
14.9% 17.3% 26.3% 27.4% 30.7%
£1,584,644 £1,924,161 £3,682,857 £3,950,373 £4,871,034
£4,706,022 £5,543,434 £9,327,563 £9,655,879 £11,838,636
17.9% 20.0% 27.6% 28.1% 31.3%
£1,411,807 £1,663,030 £2,798,269 £2,896,764 £3,551,591
£3,291,270 £3,978,089 £7,563,833 £8,159,665 £10,030,599
15.3% 17.6% 26.6% 27.8% 31.0%
£1,645,635 £1,989,045 £3,781,916 £4,079,833 £5,015,299
£18,017,952 £21,323,818 £35,702,408 £36,636,757 £45,161,622
16.6% 18.7% 25.8% 26.2% 29.4%
£1,351,346 £1,599,286 £2,677,681 £2,747,757 £3,387,122
£12,183,291 £14,794,133 £29,278,339 £32,011,309 £39,255,353
14.3% 16.5% 25.7% 27.0% 30.1%
£1,522,911 £1,849,267 £3,659,792 £4,001,414 £4,906,919
Average LV/ha with affordable £1,571,691 £1,879,444 £3,434,056 £3,660,279 £4,483,608
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
400
30
50
100
30
50
4
30
50
75
50
30
50
25
30
50
1
30
10
30
50
75
Appendix 8
Valuations at 10% affordable
Affordable Rent 80% market rent. Shared Ownership 30% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£853,403 £969,288 £1,498,076 £1,577,762 £1,884,355
24.6% 26.7% 33.6% 34.4% 37.4%
£2,560,209 £2,907,863 £4,494,229 £4,733,286 £5,653,065
£585,605 £670,413 £1,165,383 £1,338,035 £1,584,656
23.1% 25.2% 34.0% 36.3% 39.1%
£2,928,023 £3,352,067 £5,826,914 £6,690,176 £7,923,282
£294,478 £353,669 £626,135 £626,135 £777,864
16.9% 19.3% 27.7% 27.7% 31.3%
£2,208,587 £2,652,520 £4,696,010 £4,696,010 £5,833,980
£1,441,296 £1,658,846 £2,662,351 £2,802,276 £3,377,838
21.2% 23.3% 30.4% 31.2% 34.2%
£1,729,555 £1,990,615 £3,194,821 £3,362,731 £4,053,405
£1,285,881 £1,488,558 £2,603,916 £2,845,603 £3,411,051
20.4% 22.5% 30.9% 32.3% 35.2%
£2,571,763 £2,977,116 £5,207,831 £5,691,206 £6,822,102
£3,504,774 £4,021,367 £6,399,320 £6,703,316 £8,066,797
20.8% 22.8% 29.5% 30.2% 33.0%
£2,102,865 £2,412,820 £3,839,592 £4,021,989 £4,840,078
£2,360,483 £2,744,490 £4,944,281 £5,503,634 £6,593,770
18.9% 20.9% 29.4% 31.0% 33.8%
£2,360,483 £2,744,490 £4,944,281 £5,503,634 £6,593,770
£7,183,262 £8,235,310 £12,968,473 £13,509,586 £16,267,672
20.9% 22.9% 29.4% 30.0% 32.9%
£2,154,979 £2,470,593 £3,890,542 £4,052,876 £4,880,302
£4,769,218 £5,554,915 £10,135,173 £11,326,837 £13,570,001
18.7% 20.7% 29.3% 31.0% 33.8%
£2,384,609 £2,777,457 £5,067,587 £5,663,419 £6,785,001
£26,823,924 £30,849,698 £49,418,359 £51,684,155 £62,303,751
19.6% 21.5% 28.0% 28.7% 31.4%
£2,011,794 £2,313,727 £3,706,377 £3,876,312 £4,672,781
£17,266,685 £20,182,021 £36,510,949 £40,365,138 £48,564,467
17.5% 19.5% 27.6% 29.0% 31.8%
£2,158,336 £2,522,753 £4,563,869 £5,045,642 £6,070,558
Average LV/ha with affordable £2,288,291 £2,647,457 £4,493,823 £4,848,844 £5,829,848
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
100
30
50
25
30
50
400
30
50
50
30
50
Appendix 8
Valuations at 20% affordable
Affordable Rent 80% market rent. Shared Ownership 30% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£749,066 £855,144 £1,330,898 £1,423,864 £1,705,509
23.9% 26.0% 33.0% 34.1% 37.2%
£2,247,198 £2,565,431 £3,992,693 £4,271,593 £5,116,526
£520,979 £601,198 £1,070,001 £1,222,733 £1,454,879
22.0% 24.2% 33.4% 35.6% 38.5%
£2,604,896 £3,005,990 £5,350,007 £6,113,663 £7,274,397
£243,618 £301,453 £570,353 £570,353 £718,756
14.4% 17.0% 26.0% 26.0% 29.8%
£1,827,138 £2,260,900 £4,277,648 £4,277,648 £5,390,673
£1,720,627 £1,974,449 £3,165,725 £3,337,451 £4,011,597
22.0% 24.0% 31.2% 32.1% 35.0%
£2,064,753 £2,369,338 £3,798,870 £4,004,941 £4,813,916
£1,196,096 £1,397,222 £2,426,577 £2,630,103 £3,179,509
19.3% 21.5% 29.8% 31.1% 34.1%
£2,392,193 £2,794,445 £4,853,154 £5,260,207 £6,359,019
£3,072,631 £3,546,814 £5,789,938 £6,100,014 £7,360,095
20.1% 22.1% 29.2% 30.0% 32.9%
£1,843,578 £2,128,088 £3,473,963 £3,660,008 £4,416,057
£2,152,963 £2,525,898 £4,657,875 £5,138,189 £6,189,576
17.9% 20.0% 28.8% 30.3% 33.2%
£2,152,963 £2,525,898 £4,657,875 £5,138,189 £6,189,576
£6,245,285 £7,220,969 £11,574,612 £12,048,846 £14,598,943
19.9% 21.9% 28.7% 29.3% 32.3%
£1,873,585 £2,166,291 £3,472,384 £3,614,654 £4,379,683
£4,574,384 £5,345,677 £9,651,191 £10,715,177 £12,886,424
18.4% 20.5% 29.0% 30.6% 33.5%
£2,287,192 £2,672,839 £4,825,595 £5,357,588 £6,443,212
£23,267,605 £26,973,171 £44,278,952 £46,556,428 £56,366,818
18.7% 20.6% 27.5% 28.2% 31.1%
£1,745,070 £2,022,988 £3,320,921 £3,491,732 £4,227,511
£16,316,038 £19,190,087 £35,447,655 £39,366,080 £47,473,347
16.9% 19.0% 27.4% 28.9% 31.7%
£2,039,505 £2,398,761 £4,430,957 £4,920,760 £5,934,168
Average LV/ha with affordable £2,098,007 £2,446,452 £4,223,097 £4,555,544 £5,504,067
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
400
30
50
100
30
50
4
30
50
75
50
30
50
25
30
50
1
30
10
30
50
75
Appendix 8
Valuations at 30% affordable
Affordable Rent 80% market rent. Shared Ownership 30% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£505,662 £586,670 £1,060,843 £1,173,731 £1,403,967
21.4% 23.7% 33.2% 34.8% 37.9%
£1,516,987 £1,760,010 £3,182,529 £3,521,193 £4,211,900
£531,423 £615,465 £1,081,687 £1,187,935 £1,423,151
21.7% 23.9% 32.9% 34.5% 37.6%
£2,657,113 £3,077,327 £5,408,436 £5,939,674 £7,115,754
£215,554 £266,175 £516,872 £516,872 £657,348
13.6% 16.0% 25.2% 25.2% 29.1%
£1,616,652 £1,996,310 £3,876,542 £3,876,542 £4,930,109
£1,338,573 £1,561,844 £2,595,746 £2,729,310 £3,318,815
19.7% 21.8% 29.5% 30.3% 33.5%
£1,606,288 £1,874,213 £3,114,895 £3,275,172 £3,982,579
£1,047,171 £1,237,090 £2,232,618 £2,397,983 £2,916,201
18.1% 20.4% 29.2% 30.3% 33.5%
£2,094,341 £2,474,180 £4,465,235 £4,795,966 £5,832,402
£2,681,275 £3,124,591 £5,192,302 £5,411,179 £6,578,582
18.9% 21.0% 28.4% 29.0% 32.0%
£1,608,765 £1,874,754 £3,115,381 £3,246,707 £3,947,149
£1,864,458 £2,216,989 £4,217,227 £4,642,821 £5,631,829
16.6% 18.8% 28.0% 29.4% 32.4%
£1,864,458 £2,216,989 £4,217,227 £4,642,821 £5,631,829
£5,038,026 £5,893,688 £9,980,615 £10,533,888 £12,809,637
18.5% 20.6% 28.2% 29.0% 32.1%
£1,511,408 £1,768,106 £2,994,185 £3,160,166 £3,842,891
£3,754,883 £4,471,803 £8,336,976 £9,005,768 £10,976,998
16.5% 18.7% 27.5% 28.7% 31.8%
£1,877,442 £2,235,901 £4,168,488 £4,502,884 £5,488,499
£19,853,860 £23,296,244 £38,817,197 £40,277,117 £49,264,012
17.4% 19.4% 26.4% 27.0% 30.0%
£1,489,040 £1,747,218 £2,911,290 £3,020,784 £3,694,801
£13,410,436 £16,084,168 £30,231,603 £32,742,666 £40,068,732
15.2% 17.3% 25.8% 27.0% 30.0%
£1,676,304 £2,010,521 £3,778,950 £4,092,833 £5,008,592
Average LV/ha with affordable £1,774,436 £2,094,139 £3,748,469 £4,006,795 £4,880,591
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
100
30
50
25
30
50
400
30
50
50
30
50
Appendix 8
Valuations at 40% affordable
Affordable Rent 80% market rent. Shared Ownership 30% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£548,002 £636,969 £1,099,509 £1,159,274 £1,399,758
21.3% 23.6% 32.5% 33.3% 36.6%
£1,644,007 £1,910,906 £3,298,528 £3,477,821 £4,199,275
£387,518 £456,690 £873,832 £1,006,642 £1,206,932
19.7% 22.1% 32.4% 34.8% 37.9%
£1,937,589 £2,283,452 £4,369,161 £5,033,209 £6,034,661
£182,876 £233,928 £441,550 £441,550 £562,653
12.9% 15.7% 24.4% 24.4% 28.3%
£1,371,571 £1,754,461 £3,311,622 £3,311,622 £4,219,897
£1,145,748 £1,352,510 £2,350,079 £2,451,842 £2,999,246
18.4% 20.7% 29.0% 29.7% 33.0%
£1,374,897 £1,623,012 £2,820,094 £2,942,210 £3,599,095
£872,604 £1,052,838 £2,006,138 £2,184,224 £2,678,615
16.1% 18.6% 28.1% 29.4% 32.8%
£1,745,208 £2,105,676 £4,012,276 £4,368,447 £5,357,229
£2,599,362 £3,042,056 £4,983,474 £5,135,472 £6,281,527
18.6% 20.7% 27.9% 28.4% 31.6%
£1,559,617 £1,825,234 £2,990,084 £3,081,283 £3,768,916
£1,536,184 £1,873,273 £3,587,322 £3,854,839 £4,765,948
14.6% 16.9% 25.9% 27.0% 30.3%
£1,536,184 £1,873,273 £3,587,322 £3,854,839 £4,765,948
£4,581,881 £5,413,075 £9,092,053 £9,420,369 £11,579,588
17.5% 19.7% 27.1% 27.7% 30.9%
£1,374,564 £1,623,923 £2,727,616 £2,826,111 £3,473,877
£3,249,755 £3,934,494 £7,431,416 £8,027,248 £9,884,939
15.1% 17.5% 26.3% 27.5% 30.8%
£1,624,877 £1,967,247 £3,715,708 £4,013,624 £4,942,469
£17,493,101 £20,772,681 £34,735,515 £35,669,864 £44,098,076
16.3% 18.4% 25.4% 25.8% 29.0%
£1,311,983 £1,557,951 £2,605,164 £2,675,240 £3,307,356
£11,903,679 £14,500,517 £28,631,400 £31,364,371 £38,543,732
14.0% 16.3% 25.4% 26.7% 29.8%
£1,487,960 £1,812,565 £3,578,925 £3,920,546 £4,817,966
Average LV/ha with affordable £1,542,587 £1,848,882 £3,365,136 £3,591,359 £4,407,881
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
400
30
50
100
30
50
4
30
50
75
50
30
50
25
30
50
1
30
10
30
50
75
Appendix 8
Valuations at 10% affordable
Affordable Rent 80% market rent. Shared Ownership 35% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£853,403 £969,288 £1,498,076 £1,577,762 £1,884,355
24.6% 26.7% 33.6% 34.4% 37.4%
£2,560,209 £2,907,863 £4,494,229 £4,733,286 £5,653,065
£585,605 £670,413 £1,165,383 £1,338,035 £1,584,656
23.1% 25.2% 34.0% 36.3% 39.1%
£2,928,023 £3,352,067 £5,826,914 £6,690,176 £7,923,282
£294,478 £353,669 £626,135 £626,135 £777,864
16.9% 19.3% 27.7% 27.7% 31.3%
£2,208,587 £2,652,520 £4,696,010 £4,696,010 £5,833,980
£1,444,951 £1,662,684 £2,666,887 £2,806,812 £3,382,827
21.3% 23.3% 30.4% 31.2% 34.2%
£1,733,941 £1,995,221 £3,200,265 £3,368,174 £4,059,393
£1,292,395 £1,495,397 £2,612,987 £2,854,675 £3,421,030
20.4% 22.5% 31.0% 32.4% 35.3%
£2,584,789 £2,990,793 £5,225,975 £5,709,350 £6,842,061
£3,523,811 £4,041,356 £6,425,557 £6,729,553 £8,095,659
20.9% 22.8% 29.6% 30.3% 33.1%
£2,114,286 £2,424,814 £3,855,334 £4,037,732 £4,857,395
£2,374,585 £2,759,298 £4,963,625 £5,522,978 £6,615,049
19.0% 21.0% 29.4% 31.1% 33.8%
£2,374,585 £2,759,298 £4,963,625 £5,522,978 £6,615,049
£7,217,099 £8,270,841 £13,015,389 £13,556,502 £16,319,282
21.0% 22.9% 29.5% 30.1% 33.0%
£2,165,130 £2,481,252 £3,904,617 £4,066,951 £4,895,785
£4,801,621 £5,588,935 £10,177,197 £11,368,862 £13,616,225
18.8% 20.8% 29.4% 31.1% 33.8%
£2,400,810 £2,794,467 £5,088,599 £5,684,431 £6,808,112
£26,961,845 £30,994,515 £49,608,433 £51,874,229 £62,512,837
19.7% 21.6% 28.1% 28.7% 31.5%
£2,022,138 £2,324,589 £3,720,633 £3,890,567 £4,688,463
£17,385,391 £20,306,658 £36,667,709 £40,521,898 £48,736,899
17.6% 19.6% 27.6% 29.1% 31.8%
£2,173,174 £2,538,332 £4,583,464 £5,065,237 £6,092,112
Average LV/ha with affordable £2,296,879 £2,656,474 £4,505,424 £4,860,445 £5,842,609
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
400
30
50
100
30
50
4
30
50
75
50
30
50
25
30
50
1
30
10
30
50
75
Appendix 8
Valuations at 20% affordable
Affordable Rent 80% market rent. Shared Ownership 35% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£749,066 £855,144 £1,330,898 £1,423,864 £1,705,509
23.9% 26.0% 33.0% 34.1% 37.2%
£2,247,198 £2,565,431 £3,992,693 £4,271,593 £5,116,526
£520,979 £601,198 £1,070,001 £1,222,733 £1,454,879
22.0% 24.2% 33.4% 35.6% 38.5%
£2,604,896 £3,005,990 £5,350,007 £6,113,663 £7,274,397
£243,618 £301,453 £570,353 £570,353 £718,756
14.4% 17.0% 26.0% 26.0% 29.8%
£1,827,138 £2,260,900 £4,277,648 £4,277,648 £5,390,673
£1,737,462 £1,992,126 £3,189,218 £3,360,944 £4,037,441
22.1% 24.2% 31.4% 32.2% 35.2%
£2,084,955 £2,390,551 £3,827,062 £4,033,133 £4,844,929
£1,213,045 £1,415,016 £2,448,558 £2,652,084 £3,203,687
19.5% 21.7% 30.0% 31.2% 34.3%
£2,426,089 £2,830,033 £4,897,116 £5,304,168 £6,407,373
£3,104,817 £3,580,611 £5,834,854 £6,144,929 £7,409,505
20.2% 22.2% 29.3% 30.1% 33.0%
£1,862,890 £2,148,367 £3,500,912 £3,686,958 £4,445,703
£2,183,159 £2,557,604 £4,699,677 £5,179,991 £6,235,560
18.1% 20.2% 29.0% 30.5% 33.3%
£2,183,159 £2,557,604 £4,699,677 £5,179,991 £6,235,560
£6,320,081 £7,299,503 £11,676,451 £12,150,685 £14,710,966
20.0% 22.0% 28.8% 29.5% 32.4%
£1,896,024 £2,189,851 £3,502,935 £3,645,205 £4,413,290
£4,634,629 £5,408,936 £9,734,018 £10,798,004 £12,977,536
18.6% 20.7% 29.2% 30.7% 33.6%
£2,317,314 £2,704,468 £4,867,009 £5,399,002 £6,488,768
£23,520,504 £27,238,718 £44,628,991 £46,906,467 £56,751,868
18.8% 20.8% 27.6% 28.4% 31.2%
£1,764,038 £2,042,904 £3,347,174 £3,517,985 £4,256,390
£16,548,767 £19,434,448 £35,759,683 £39,678,108 £47,816,574
17.1% 19.2% 27.5% 29.1% 31.8%
£2,068,596 £2,429,306 £4,469,960 £4,959,764 £5,977,072
Average LV/ha with affordable £2,116,573 £2,465,946 £4,248,381 £4,580,828 £5,531,880
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
100
30
50
25
30
50
400
30
50
50
30
50
Appendix 8
Valuations at 30% affordable
Affordable Rent 80% market rent. Shared Ownership 35% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£512,462 £593,810 £1,070,314 £1,183,203 £1,414,385
21.6% 23.9% 33.3% 35.0% 38.0%
£1,537,387 £1,781,429 £3,210,943 £3,549,608 £4,243,156
£538,223 £622,605 £1,091,159 £1,197,406 £1,433,570
21.9% 24.1% 33.1% 34.7% 37.7%
£2,691,114 £3,113,027 £5,455,794 £5,987,032 £7,167,848
£219,489 £270,224 £521,608 £521,608 £662,557
13.8% 16.2% 25.4% 25.4% 29.3%
£1,646,170 £2,026,677 £3,912,063 £3,912,063 £4,969,179
£1,359,109 £1,583,406 £2,623,658 £2,757,222 £3,349,518
19.9% 22.1% 29.7% 30.5% 33.7%
£1,630,931 £1,900,087 £3,148,389 £3,308,666 £4,019,422
£1,068,436 £1,259,419 £2,261,926 £2,427,291 £2,948,440
18.4% 20.6% 29.4% 30.5% 33.7%
£2,136,873 £2,518,839 £4,523,851 £4,854,582 £5,896,881
£2,728,159 £3,173,819 £5,257,007 £5,475,884 £6,649,759
19.2% 21.2% 28.6% 29.2% 32.2%
£1,636,895 £1,904,291 £3,154,204 £3,285,530 £3,989,855
£1,904,521 £2,259,058 £4,272,815 £4,698,410 £5,692,978
16.9% 19.1% 28.2% 29.6% 32.6%
£1,904,521 £2,259,058 £4,272,815 £4,698,410 £5,692,978
£5,132,286 £5,992,657 £10,109,580 £10,662,853 £12,951,497
18.7% 20.8% 28.4% 29.2% 32.3%
£1,539,686 £1,797,797 £3,032,874 £3,198,856 £3,885,449
£3,841,050 £4,562,277 £8,453,824 £9,122,615 £11,105,530
16.8% 18.9% 27.7% 28.9% 32.0%
£1,920,525 £2,281,139 £4,226,912 £4,561,308 £5,552,765
£20,241,088 £23,702,830 £39,347,062 £40,806,982 £49,846,867
17.6% 19.6% 26.7% 27.2% 30.2%
£1,518,082 £1,777,712 £2,951,030 £3,060,524 £3,738,515
£13,744,131 £16,434,543 £30,679,035 £33,190,097 £40,560,902
15.5% 17.6% 26.0% 27.2% 30.2%
£1,718,016 £2,054,318 £3,834,879 £4,148,762 £5,070,113
Average LV/ha with affordable £1,807,291 £2,128,579 £3,793,069 £4,051,395 £4,929,651
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
400
30
50
100
30
50
4
30
50
75
50
30
50
25
30
50
1
30
10
30
50
75
Appendix 8
Valuations at 40% affordable
Affordable Rent 80% market rent. Shared Ownership 35% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£561,603 £651,249 £1,118,452 £1,178,217 £1,420,596
21.7% 24.0% 32.8% 33.6% 36.9%
£1,684,808 £1,953,746 £3,355,357 £3,534,650 £4,261,788
£398,407 £468,125 £888,889 £1,021,699 £1,223,496
20.1% 22.5% 32.8% 35.1% 38.2%
£1,992,034 £2,340,625 £4,444,446 £5,108,494 £6,117,479
£191,583 £243,069 £452,469 £452,469 £574,540
13.4% 16.2% 24.9% 24.9% 28.7%
£1,436,870 £1,823,020 £3,393,521 £3,393,521 £4,309,050
£1,170,822 £1,378,839 £2,384,736 £2,486,499 £3,037,371
18.7% 21.0% 29.3% 29.9% 33.2%
£1,404,987 £1,654,607 £2,861,683 £2,983,799 £3,644,845
£904,814 £1,086,658 £2,050,333 £2,228,418 £2,727,229
16.6% 19.0% 28.4% 29.8% 33.1%
£1,809,629 £2,173,317 £4,100,665 £4,456,836 £5,454,458
£2,662,441 £3,108,294 £5,071,526 £5,223,524 £6,378,389
18.9% 21.0% 28.2% 28.7% 31.8%
£1,597,465 £1,864,976 £3,042,916 £3,134,114 £3,827,033
£1,597,446 £1,937,599 £3,669,482 £3,936,998 £4,856,324
15.0% 17.4% 26.3% 27.3% 30.6%
£1,597,446 £1,937,599 £3,669,482 £3,936,998 £4,856,324
£4,715,655 £5,553,535 £9,271,383 £9,599,699 £11,776,848
17.9% 20.1% 27.5% 28.0% 31.2%
£1,414,697 £1,666,060 £2,781,415 £2,879,910 £3,533,054
£3,362,623 £4,053,007 £7,585,730 £8,181,562 £10,054,686
15.5% 17.8% 26.7% 27.8% 31.1%
£1,681,312 £2,026,503 £3,792,865 £4,090,781 £5,027,343
£18,018,215 £21,324,043 £35,442,434 £36,376,783 £44,875,681
16.6% 18.7% 25.7% 26.1% 29.3%
£1,351,366 £1,599,303 £2,658,183 £2,728,259 £3,365,676
£12,347,212 £14,966,219 £29,235,483 £31,968,453 £39,208,222
14.5% 16.7% 25.7% 27.0% 30.1%
£1,543,402 £1,870,777 £3,654,435 £3,996,057 £4,901,028
Average LV/ha with affordable £1,592,183 £1,900,958 £3,432,270 £3,658,493 £4,481,643
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
100
30
50
25
30
50
400
30
50
50
30
50
Appendix 8
Valuations at 10% affordable
Affordable Rent 80% market rent. Shared Ownership 40% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£853,403 £969,288 £1,498,076 £1,577,762 £1,884,355
24.6% 26.7% 33.6% 34.4% 37.4%
£2,560,209 £2,907,863 £4,494,229 £4,733,286 £5,653,065
£585,605 £670,413 £1,165,383 £1,338,035 £1,584,656
23.1% 25.2% 34.0% 36.3% 39.1%
£2,928,023 £3,352,067 £5,826,914 £6,690,176 £7,923,282
£294,478 £353,669 £626,135 £626,135 £777,864
16.9% 19.3% 27.7% 27.7% 31.3%
£2,208,587 £2,652,520 £4,696,010 £4,696,010 £5,833,980
£1,448,606 £1,666,522 £2,671,423 £2,811,347 £3,387,817
21.3% 23.4% 30.5% 31.3% 34.2%
£1,738,328 £1,999,826 £3,205,708 £3,373,617 £4,065,380
£1,298,908 £1,502,235 £2,622,059 £2,863,747 £3,431,009
20.5% 22.6% 31.0% 32.4% 35.3%
£2,597,815 £3,004,470 £5,244,118 £5,727,493 £6,862,019
£3,542,851 £4,061,348 £6,451,795 £6,755,791 £8,124,520
21.0% 22.9% 29.6% 30.3% 33.2%
£2,125,711 £2,436,809 £3,871,077 £4,053,475 £4,874,712
£2,388,691 £2,774,109 £4,982,971 £5,542,323 £6,636,328
19.1% 21.1% 29.5% 31.1% 33.9%
£2,388,691 £2,774,109 £4,982,971 £5,542,323 £6,636,328
£7,250,944 £8,306,377 £13,062,306 £13,603,419 £16,370,890
21.1% 23.0% 29.6% 30.2% 33.0%
£2,175,283 £2,491,913 £3,918,692 £4,081,026 £4,911,267
£4,834,024 £5,622,959 £10,219,225 £11,410,889 £13,662,457
18.8% 20.9% 29.5% 31.1% 33.9%
£2,417,012 £2,811,479 £5,109,612 £5,705,444 £6,831,228
£27,099,783 £31,139,347 £49,798,513 £52,064,309 £62,721,924
19.8% 21.6% 28.2% 28.8% 31.5%
£2,032,484 £2,335,451 £3,734,888 £3,904,823 £4,704,144
£17,504,104 £20,431,306 £36,824,471 £40,678,660 £48,909,341
17.7% 19.6% 27.7% 29.2% 31.9%
£2,188,013 £2,553,913 £4,603,059 £5,084,832 £6,113,668
Average LV/ha with affordable £2,305,469 £2,665,493 £4,517,025 £4,872,046 £5,855,370
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
100
30
50
25
30
50
400
30
50
50
30
50
Appendix 8
Valuations at 20% affordable
Affordable Rent 80% market rent. Shared Ownership 40% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£749,066 £855,144 £1,330,898 £1,423,864 £1,705,509
23.9% 26.0% 33.0% 34.1% 37.2%
£2,247,198 £2,565,431 £3,992,693 £4,271,593 £5,116,526
£520,979 £601,198 £1,070,001 £1,222,733 £1,454,879
22.0% 24.2% 33.4% 35.6% 38.5%
£2,604,896 £3,005,990 £5,350,007 £6,113,663 £7,274,397
£243,618 £301,453 £570,353 £570,353 £718,756
14.4% 17.0% 26.0% 26.0% 29.8%
£1,827,138 £2,260,900 £4,277,648 £4,277,648 £5,390,673
£1,754,300 £2,009,805 £3,212,712 £3,384,437 £4,063,283
22.3% 24.3% 31.5% 32.3% 35.3%
£2,105,160 £2,411,766 £3,855,254 £4,061,324 £4,875,939
£1,229,993 £1,432,813 £2,470,540 £2,674,067 £3,227,868
19.7% 21.9% 30.1% 31.4% 34.4%
£2,459,986 £2,865,625 £4,941,080 £5,348,133 £6,455,736
£3,137,009 £3,614,411 £5,879,769 £6,189,845 £7,458,911
20.4% 22.4% 29.5% 30.3% 33.2%
£1,882,205 £2,168,646 £3,527,862 £3,713,907 £4,475,347
£2,213,361 £2,589,315 £4,741,480 £5,221,794 £6,281,542
18.3% 20.4% 29.1% 30.6% 33.5%
£2,213,361 £2,589,315 £4,741,480 £5,221,794 £6,281,542
£6,394,882 £7,378,043 £11,778,291 £12,252,525 £14,822,991
20.2% 22.2% 29.0% 29.6% 32.6%
£1,918,465 £2,213,413 £3,533,487 £3,675,758 £4,446,897
£4,694,882 £5,472,200 £9,816,845 £10,880,831 £13,068,646
18.8% 20.9% 29.3% 30.9% 33.7%
£2,347,441 £2,736,100 £4,908,423 £5,440,416 £6,534,323
£23,773,432 £27,504,284 £44,979,036 £47,256,511 £57,136,916
19.0% 20.9% 27.8% 28.5% 31.3%
£1,783,007 £2,062,821 £3,373,428 £3,544,238 £4,285,269
£16,781,514 £19,678,828 £36,071,709 £39,990,134 £48,159,809
17.3% 19.3% 27.7% 29.2% 32.0%
£2,097,689 £2,459,854 £4,508,964 £4,998,767 £6,019,976
Average LV/ha with affordable £2,135,141 £2,485,442 £4,273,666 £4,606,113 £5,559,693
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
400
30
50
100
30
50
4
30
50
75
50
30
50
25
30
50
1
30
10
30
50
75
Appendix 8
Valuations at 30% affordable
Affordable Rent 80% market rent. Shared Ownership 40% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£519,263 £600,950 £1,079,786 £1,192,674 £1,424,804
21.8% 24.1% 33.5% 35.2% 38.2%
£1,557,788 £1,802,849 £3,239,358 £3,578,022 £4,274,413
£545,023 £629,745 £1,100,630 £1,206,878 £1,443,988
22.1% 24.3% 33.3% 34.8% 37.9%
£2,725,114 £3,148,727 £5,503,151 £6,034,390 £7,219,942
£223,425 £274,272 £526,344 £526,344 £667,767
14.0% 16.4% 25.5% 25.5% 29.4%
£1,675,687 £2,057,043 £3,947,578 £3,947,578 £5,008,250
£1,379,647 £1,604,970 £2,651,571 £2,785,136 £3,380,224
20.1% 22.3% 29.9% 30.7% 33.9%
£1,655,576 £1,925,965 £3,181,886 £3,342,163 £4,056,269
£1,089,705 £1,281,751 £2,291,234 £2,456,600 £2,980,680
18.6% 20.9% 29.6% 30.8% 33.9%
£2,179,411 £2,563,502 £4,582,469 £4,913,199 £5,961,360
£2,775,048 £3,223,052 £5,321,713 £5,540,590 £6,720,935
19.4% 21.5% 28.8% 29.4% 32.4%
£1,665,029 £1,933,831 £3,193,028 £3,324,354 £4,032,561
£1,944,592 £2,301,131 £4,328,404 £4,753,998 £5,754,125
17.2% 19.3% 28.4% 29.8% 32.8%
£1,944,592 £2,301,131 £4,328,404 £4,753,998 £5,754,125
£5,226,550 £6,091,633 £10,238,550 £10,791,823 £13,093,366
19.0% 21.1% 28.6% 29.4% 32.5%
£1,567,965 £1,827,490 £3,071,565 £3,237,547 £3,928,010
£3,927,226 £4,652,759 £8,570,673 £9,239,464 £11,234,066
17.0% 19.2% 28.0% 29.1% 32.2%
£1,963,613 £2,326,380 £4,285,337 £4,619,732 £5,617,033
£20,628,349 £24,109,445 £39,876,935 £41,336,855 £50,429,731
17.9% 19.9% 26.9% 27.4% 30.4%
£1,547,126 £1,808,208 £2,990,770 £3,100,264 £3,782,230
£14,077,855 £16,784,946 £31,126,465 £33,637,527 £41,053,085
15.7% 17.9% 26.3% 27.4% 30.4%
£1,759,732 £2,098,118 £3,890,808 £4,204,691 £5,131,636
Average LV/ha with affordable £1,840,148 £2,163,022 £3,837,669 £4,095,994 £4,978,712
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
100
30
50
25
30
50
400
30
50
50
30
50
Appendix 8
Valuations at 40% affordable
Affordable Rent 80% market rent. Shared Ownership 40% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£575,203 £665,529 £1,137,396 £1,197,160 £1,441,433
22.1% 24.4% 33.1% 34.0% 37.2%
£1,725,609 £1,996,586 £3,412,187 £3,591,479 £4,324,300
£409,299 £479,561 £903,946 £1,036,756 £1,240,058
20.5% 22.9% 33.1% 35.4% 38.4%
£2,046,494 £2,397,805 £4,519,730 £5,183,778 £6,200,290
£200,289 £247,116 £463,389 £463,389 £586,429
13.9% 16.3% 25.3% 25.3% 29.1%
£1,502,169 £1,853,370 £3,475,420 £3,475,420 £4,398,215
£1,195,903 £1,405,173 £2,419,394 £2,521,158 £3,075,495
19.0% 21.3% 29.5% 30.2% 33.5%
£1,435,083 £1,686,208 £2,903,273 £3,025,389 £3,690,593
£937,027 £1,120,482 £2,094,529 £2,272,614 £2,775,845
17.1% 19.4% 28.8% 30.1% 33.4%
£1,874,055 £2,240,963 £4,189,057 £4,545,229 £5,551,690
£2,725,534 £3,174,538 £5,159,578 £5,311,576 £6,475,245
19.3% 21.4% 28.5% 29.0% 32.1%
£1,635,320 £1,904,723 £3,095,747 £3,186,946 £3,885,147
£1,658,717 £2,001,932 £3,751,643 £4,019,159 £4,946,702
15.5% 17.8% 26.6% 27.7% 31.0%
£1,658,717 £2,001,932 £3,751,643 £4,019,159 £4,946,702
£4,849,439 £5,694,006 £9,450,716 £9,779,031 £11,974,118
18.3% 20.4% 27.8% 28.3% 31.5%
£1,454,832 £1,708,202 £2,835,215 £2,933,709 £3,592,235
£3,475,506 £4,171,531 £7,740,046 £8,335,878 £10,224,434
16.0% 18.2% 27.0% 28.1% 31.4%
£1,737,753 £2,085,765 £3,870,023 £4,167,939 £5,112,217
£18,543,371 £21,875,446 £36,149,354 £37,083,702 £45,653,307
17.0% 19.1% 26.0% 26.4% 29.6%
£1,390,753 £1,640,658 £2,711,202 £2,781,278 £3,423,998
£12,790,777 £15,431,952 £29,839,572 £32,572,542 £39,872,727
14.9% 17.1% 26.0% 27.3% 30.4%
£1,598,847 £1,928,994 £3,729,946 £4,071,568 £4,984,091
Average LV/ha with affordable £1,641,785 £1,949,564 £3,499,404 £3,725,627 £4,555,407
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
400
30
50
100
30
50
4
30
50
75
50
30
50
25
30
50
1
30
10
30
50
75
Appendix 8
Valuations at 10% affordable
Affordable Rent 80% market rent. Shared Ownership 50% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£853,403 £969,288 £1,498,076 £1,577,762 £1,884,355
24.6% 26.7% 33.6% 34.4% 37.4%
£2,560,209 £2,907,863 £4,494,229 £4,733,286 £5,653,065
£585,605 £670,413 £1,165,383 £1,338,035 £1,584,656
23.1% 25.2% 34.0% 36.3% 39.1%
£2,928,023 £3,352,067 £5,826,914 £6,690,176 £7,923,282
£294,478 £353,669 £626,135 £626,135 £777,864
16.9% 19.3% 27.7% 27.7% 31.3%
£2,208,587 £2,652,520 £4,696,010 £4,696,010 £5,833,980
£1,455,916 £1,674,198 £2,680,495 £2,820,419 £3,397,795
21.4% 23.4% 30.5% 31.3% 34.3%
£1,747,100 £2,009,038 £3,216,594 £3,384,503 £4,077,354
£1,311,934 £1,515,913 £2,640,203 £2,881,890 £3,450,967
20.7% 22.8% 31.1% 32.5% 35.4%
£2,623,868 £3,031,826 £5,280,405 £5,763,781 £6,901,935
£3,580,926 £4,101,328 £6,504,273 £6,808,269 £8,182,246
21.2% 23.1% 29.8% 30.5% 33.3%
£2,148,556 £2,460,797 £3,902,564 £4,084,961 £4,909,348
£2,416,898 £2,803,727 £5,021,662 £5,581,014 £6,678,889
19.2% 21.2% 29.6% 31.2% 34.0%
£2,416,898 £2,803,727 £5,021,662 £5,581,014 £6,678,889
£7,318,624 £8,377,443 £13,156,143 £13,697,256 £16,474,112
21.2% 23.1% 29.7% 30.3% 33.1%
£2,195,587 £2,513,233 £3,946,843 £4,109,177 £4,942,234
£4,898,820 £5,690,998 £10,303,276 £11,494,940 £13,754,911
19.0% 21.1% 29.6% 31.3% 34.0%
£2,449,410 £2,845,499 £5,151,638 £5,747,470 £6,877,455
£27,375,632 £31,428,997 £50,178,676 £52,444,472 £63,140,105
19.9% 21.8% 28.3% 28.9% 31.7%
£2,053,172 £2,357,175 £3,763,401 £3,933,335 £4,735,508
£17,741,502 £20,680,584 £37,137,997 £40,992,186 £49,254,213
17.8% 19.8% 27.9% 29.3% 32.0%
£2,217,688 £2,585,073 £4,642,250 £5,124,023 £6,156,777
Average LV/ha with affordable £2,322,645 £2,683,529 £4,540,228 £4,895,249 £5,880,893
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
100
30
50
25
30
50
400
30
50
50
30
50
Appendix 8
Valuations at 20% affordable
Affordable Rent 80% market rent. Shared Ownership 50% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£749,066 £855,144 £1,330,898 £1,423,864 £1,705,509
23.9% 26.0% 33.0% 34.1% 37.2%
£2,247,198 £2,565,431 £3,992,693 £4,271,593 £5,116,526
£520,979 £601,198 £1,070,001 £1,222,733 £1,454,879
22.0% 24.2% 33.4% 35.6% 38.5%
£2,604,896 £3,005,990 £5,350,007 £6,113,663 £7,274,397
£243,618 £301,453 £570,353 £570,353 £718,756
14.4% 17.0% 26.0% 26.0% 29.8%
£1,827,138 £2,260,900 £4,277,648 £4,277,648 £5,390,673
£1,787,973 £2,045,163 £3,259,699 £3,431,425 £4,114,970
22.6% 24.6% 31.8% 32.6% 35.5%
£2,145,567 £2,454,195 £3,911,639 £4,117,710 £4,937,964
£1,263,885 £1,468,401 £2,514,503 £2,718,030 £3,276,226
20.1% 22.3% 30.4% 31.7% 34.7%
£2,527,769 £2,936,802 £5,029,006 £5,436,059 £6,552,453
£3,201,387 £3,682,009 £5,969,603 £6,279,679 £7,557,730
20.7% 22.7% 29.7% 30.5% 33.4%
£1,920,832 £2,209,206 £3,581,762 £3,767,808 £4,534,638
£2,273,756 £2,652,732 £4,825,088 £5,305,402 £6,373,512
18.7% 20.8% 29.4% 30.9% 33.7%
£2,273,756 £2,652,732 £4,825,088 £5,305,402 £6,373,512
£6,544,473 £7,535,119 £11,981,973 £12,456,207 £15,047,041
20.5% 22.5% 29.3% 29.9% 32.8%
£1,963,342 £2,260,536 £3,594,592 £3,736,862 £4,514,112
£4,815,377 £5,598,723 £9,982,505 £11,046,491 £13,250,872
19.1% 21.2% 29.6% 31.1% 34.0%
£2,407,689 £2,799,362 £4,991,252 £5,523,245 £6,625,436
£24,279,248 £28,035,406 £45,679,133 £47,956,608 £57,907,029
19.3% 21.2% 28.0% 28.7% 31.5%
£1,820,944 £2,102,655 £3,425,935 £3,596,746 £4,343,027
£17,246,961 £20,167,567 £36,695,772 £40,614,197 £48,846,271
17.7% 19.7% 28.0% 29.4% 32.2%
£2,155,870 £2,520,946 £4,586,972 £5,076,775 £6,105,784
Average LV/ha with affordable £2,172,273 £2,524,432 £4,324,236 £4,656,683 £5,615,320
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
400
30
50
100
30
50
4
30
50
75
50
30
50
25
30
50
1
30
10
30
50
75
Appendix 8
Valuations at 30% affordable
Affordable Rent 80% market rent. Shared Ownership 50% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£532,863 £615,230 £1,098,729 £1,211,617 £1,445,642
22.2% 24.4% 33.8% 35.5% 38.5%
£1,598,589 £1,845,691 £3,296,187 £3,634,852 £4,336,925
£558,623 £644,026 £1,119,573 £1,225,821 £1,464,826
22.5% 24.6% 33.6% 35.1% 38.1%
£2,793,116 £3,220,130 £5,597,867 £6,129,105 £7,324,130
£231,295 £282,370 £535,815 £535,815 £678,185
14.4% 16.7% 25.8% 25.8% 29.7%
£1,734,716 £2,117,776 £4,018,615 £4,018,615 £5,086,385
£1,420,717 £1,648,096 £2,707,398 £2,840,962 £3,441,633
20.5% 22.7% 30.3% 31.1% 34.2%
£1,704,861 £1,977,715 £3,248,877 £3,409,154 £4,129,960
£1,132,239 £1,326,413 £2,349,853 £2,515,218 £3,045,160
19.2% 21.4% 30.1% 31.2% 34.3%
£2,264,478 £2,652,825 £4,699,705 £5,030,436 £6,090,321
£2,868,819 £3,321,513 £5,451,127 £5,670,004 £6,863,292
19.9% 21.9% 29.2% 29.8% 32.8%
£1,721,291 £1,992,908 £3,270,676 £3,402,003 £4,117,975
£2,024,725 £2,385,272 £4,439,585 £4,865,180 £5,876,425
17.7% 19.8% 28.8% 30.2% 33.2%
£2,024,725 £2,385,272 £4,439,585 £4,865,180 £5,876,425
£5,415,064 £6,289,579 £10,496,487 £11,049,760 £13,377,097
19.5% 21.5% 29.1% 29.8% 32.8%
£1,624,519 £1,886,874 £3,148,946 £3,314,928 £4,013,129
£4,099,559 £4,833,716 £8,804,374 £9,473,165 £11,491,136
17.6% 19.8% 28.4% 29.5% 32.6%
£2,049,779 £2,416,858 £4,402,187 £4,736,583 £5,745,568
£21,402,808 £24,922,653 £40,936,690 £42,396,610 £51,595,462
18.4% 20.4% 27.3% 27.8% 30.8%
£1,605,211 £1,869,199 £3,070,252 £3,179,746 £3,869,660
£14,745,231 £17,485,720 £32,021,340 £34,532,402 £42,037,436
16.3% 18.4% 26.7% 27.8% 30.8%
£1,843,154 £2,185,715 £4,002,667 £4,316,550 £5,254,679
Average LV/ha with affordable £1,905,858 £2,231,906 £3,926,870 £4,185,196 £5,076,832
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
100
30
50
25
30
50
400
30
50
50
30
50
Appendix 8
Valuations at 40% affordable
Affordable Rent 80% market rent. Shared Ownership 50% sale
50% Affordable Rent/50% Shared Ownership
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£602,404 £694,090 £1,175,282 £1,235,046 £1,483,109
22.8% 25.1% 33.7% 34.6% 37.7%
£1,807,211 £2,082,270 £3,525,845 £3,705,138 £4,449,326
£431,080 £497,252 £934,061 £1,066,871 £1,273,185
21.3% 23.4% 33.7% 35.9% 39.0%
£2,155,399 £2,486,259 £4,670,307 £5,334,355 £6,365,926
£217,700 £265,029 £480,227 £480,227 £610,204
14.9% 17.2% 25.8% 25.8% 29.8%
£1,632,749 £1,987,717 £3,601,699 £3,601,699 £4,576,528
£1,246,057 £1,457,836 £2,488,713 £2,590,476 £3,151,746
19.6% 21.8% 30.0% 30.7% 33.9%
£1,495,268 £1,749,403 £2,986,456 £3,108,572 £3,782,095
£1,001,448 £1,188,125 £2,182,921 £2,361,006 £2,873,077
18.0% 20.3% 29.6% 30.8% 34.1%
£2,002,895 £2,376,250 £4,365,842 £4,722,013 £5,746,153
£2,851,706 £3,307,021 £5,335,689 £5,487,687 £6,668,969
19.9% 22.0% 29.1% 29.5% 32.6%
£1,711,024 £1,984,213 £3,201,414 £3,292,612 £4,001,382
£1,781,241 £2,130,588 £3,915,968 £4,183,484 £5,127,458
16.4% 18.6% 27.4% 28.4% 31.6%
£1,781,241 £2,130,588 £3,915,968 £4,183,484 £5,127,458
£5,116,978 £5,974,933 £9,809,382 £10,137,698 £12,368,646
19.0% 21.1% 28.4% 28.9% 32.1%
£1,535,093 £1,792,480 £2,942,815 £3,041,309 £3,710,594
£3,701,247 £4,408,566 £8,048,683 £8,644,515 £10,563,935
16.7% 19.0% 27.7% 28.8% 32.0%
£1,850,623 £2,204,283 £4,024,342 £4,322,258 £5,281,967
£19,593,580 £22,978,209 £37,563,214 £38,497,562 £47,208,538
17.7% 19.8% 26.7% 27.0% 30.1%
£1,469,519 £1,723,366 £2,817,241 £2,887,317 £3,540,640
£13,677,833 £16,363,394 £31,047,759 £33,780,730 £41,201,730
15.7% 17.8% 26.7% 27.9% 30.9%
£1,709,729 £2,045,424 £3,880,970 £4,222,591 £5,150,216
Average LV/ha with affordable £1,740,977 £2,051,114 £3,630,263 £3,856,486 £4,702,935
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
400
30
50
100
30
50
4
30
50
75
50
30
50
25
30
50
1
30
10
30
50
75
Appendix 8
Valuations at 10% affordable
Social Rent. Shared Ownership 30% sale
Social Rent 50%/Shared Ownership 50%
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£806,332 £919,864 £1,433,255 £1,512,941 £1,813,052
23.7% 25.7% 32.7% 33.6% 36.6%
£2,418,997 £2,759,593 £4,299,766 £4,538,824 £5,439,156
£556,789 £640,157 £1,118,629 £1,291,282 £1,533,227
22.3% 24.4% 33.2% 35.6% 38.4%
£2,783,944 £3,200,784 £5,593,147 £6,456,409 £7,666,136
£277,811 £336,169 £593,967 £593,967 £742,480
16.1% 18.6% 26.7% 26.7% 30.4%
£2,083,583 £2,521,266 £4,454,754 £4,454,754 £5,568,597
£1,397,897 £1,613,277 £2,586,761 £2,726,686 £3,294,688
20.8% 22.8% 29.9% 30.7% 33.7%
£1,677,477 £1,935,933 £3,104,113 £3,272,023 £3,953,626
£1,258,598 £1,459,910 £2,554,200 £2,795,888 £3,356,364
20.1% 22.2% 30.5% 32.0% 34.9%
£2,517,195 £2,919,820 £5,108,400 £5,591,775 £6,712,728
£3,399,242 £3,910,557 £6,228,093 £6,532,089 £7,878,445
20.4% 22.3% 29.0% 29.7% 32.6%
£2,039,545 £2,346,334 £3,736,856 £3,919,253 £4,727,067
£2,297,039 £2,677,875 £4,835,877 £5,395,230 £6,474,525
18.5% 20.6% 29.0% 30.6% 33.4%
£2,297,039 £2,677,875 £4,835,877 £5,395,230 £6,474,525
£6,987,713 £8,029,984 £12,662,451 £13,203,564 £15,931,046
20.5% 22.5% 29.0% 29.6% 32.5%
£2,096,314 £2,408,995 £3,798,735 £3,961,069 £4,779,314
£4,652,519 £5,432,381 £9,910,936 £11,102,600 £13,323,340
18.3% 20.4% 28.9% 30.7% 33.4%
£2,326,259 £2,716,190 £4,955,468 £5,551,300 £6,661,670
£26,023,106 £30,008,845 £48,240,929 £50,506,725 £61,008,571
19.2% 21.1% 27.6% 28.3% 31.1%
£1,951,733 £2,250,663 £3,618,070 £3,788,004 £4,575,643
£16,724,864 £19,613,110 £35,617,552 £39,471,741 £47,581,727
17.1% 19.1% 27.2% 28.7% 31.4%
£2,090,608 £2,451,639 £4,452,194 £4,933,968 £5,947,716
Average LV/ha with affordable £2,207,518 £2,562,645 £4,359,762 £4,714,783 £5,682,380
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
Appendix 8
Valuations at 20% affordable
Social rent. Shared Ownership 30% sale
Social Rent 50%/Shared Ownership 50%
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£633,228 £733,515 £1,188,922 £1,281,889 £1,549,335
21.2% 23.4% 30.9% 32.1% 35.3%
£1,899,684 £2,200,544 £3,566,767 £3,845,667 £4,648,005
£449,729 £521,518 £958,427 £1,111,158 £1,332,147
19.8% 21.9% 31.3% 33.7% 36.8%
£2,248,646 £2,607,590 £4,792,136 £5,555,791 £6,660,735
£214,620 £266,452 £506,018 £506,018 £647,988
13.0% 15.4% 24.0% 24.0% 27.9%
£1,609,648 £1,998,391 £3,795,135 £3,795,135 £4,859,908
£1,602,860 £1,850,795 £2,996,775 £3,168,501 £3,825,751
20.9% 23.0% 30.2% 31.1% 34.2%
£1,923,432 £2,220,953 £3,596,130 £3,802,201 £4,590,902
£1,111,928 £1,308,847 £2,300,806 £2,504,333 £3,041,161
18.3% 20.5% 28.8% 30.2% 33.3%
£2,223,857 £2,617,693 £4,601,613 £5,008,665 £6,082,322
£2,887,948 £3,352,897 £5,490,290 £5,800,366 £7,030,481
19.2% 21.2% 28.3% 29.1% 32.1%
£1,732,769 £2,011,738 £3,294,174 £3,480,220 £4,218,288
£2,000,511 £2,365,823 £4,411,201 £4,891,515 £5,918,233
17.0% 19.1% 27.9% 29.5% 32.4%
£2,000,511 £2,365,823 £4,411,201 £4,891,515 £5,918,233
£5,858,008 £6,814,330 £10,978,665 £11,452,899 £13,943,398
18.9% 21.0% 27.8% 28.4% 31.5%
£1,757,402 £2,044,299 £3,293,599 £3,435,870 £4,183,019
£4,273,905 £5,030,175 £9,164,505 £10,228,491 £12,351,068
17.5% 19.6% 28.1% 29.8% 32.7%
£2,136,952 £2,515,088 £4,582,253 £5,114,246 £6,175,534
£21,667,424 £25,292,999 £41,951,737 £44,229,212 £53,806,872
17.7% 19.7% 26.6% 27.4% 30.3%
£1,625,057 £1,896,975 £3,146,380 £3,317,191 £4,035,515
£15,077,854 £17,890,001 £33,565,814 £37,484,239 £45,403,312
16.0% 18.0% 26.5% 28.1% 30.9%
£1,884,732 £2,236,250 £4,195,727 £4,685,530 £5,675,414
Average LV/ha with affordable £1,912,972 £2,246,850 £3,934,101 £4,266,548 £5,186,171
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
Appendix 8
Valuations at 30% affordable
Social rent. Shared Ownership 30% sale
Social Rent 50%/Shared Ownership 50%
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£434,253 £506,990 £949,269 £1,062,157 £1,281,234
19.2% 21.3% 31.1% 32.9% 36.1%
£1,302,759 £1,520,970 £2,847,806 £3,186,470 £3,843,703
£460,281 £535,786 £970,113 £1,076,361 £1,300,418
19.5% 21.6% 30.9% 32.6% 35.8%
£2,301,407 £2,678,928 £4,850,564 £5,381,803 £6,502,092
£181,532 £235,940 £457,251 £457,251 £586,579
11.8% 14.5% 23.2% 23.2% 27.1%
£1,361,489 £1,769,550 £3,429,384 £3,429,384 £4,399,344
£1,159,923 £1,374,263 £2,333,901 £2,467,465 £3,030,785
17.7% 19.9% 27.6% 28.5% 31.8%
£1,391,908 £1,649,116 £2,800,681 £2,960,958 £3,636,942
£925,405 £1,109,237 £2,046,828 £2,212,194 £2,711,832
16.4% 18.8% 27.7% 28.9% 32.2%
£1,850,809 £2,218,474 £4,093,657 £4,424,387 £5,423,664
£2,386,640 £2,815,227 £4,767,137 £4,986,014 £6,110,898
17.4% 19.5% 26.9% 27.6% 30.7%
£1,431,984 £1,689,136 £2,860,282 £2,991,608 £3,666,539
£1,655,417 £1,997,496 £3,868,843 £4,294,437 £5,248,604
15.1% 17.4% 26.5% 28.1% 31.2%
£1,655,417 £1,997,496 £3,868,843 £4,294,437 £5,248,604
£4,405,659 £5,229,710 £9,070,936 £9,624,209 £11,808,985
16.7% 18.9% 26.6% 27.5% 30.6%
£1,321,698 £1,568,913 £2,721,281 £2,887,263 £3,542,696
£3,285,048 £3,978,479 £7,603,491 £8,272,282 £10,170,161
14.8% 17.1% 25.9% 27.2% 30.4%
£1,642,524 £1,989,239 £3,801,746 £4,136,141 £5,085,081
£17,609,648 £20,939,842 £35,482,978 £36,942,898 £45,596,355
15.9% 18.0% 25.0% 25.6% 28.7%
£1,320,724 £1,570,488 £2,661,223 £2,770,717 £3,419,727
£11,761,388 £14,352,676 £27,619,016 £30,130,079 £37,194,877
13.7% 15.9% 24.4% 25.6% 28.7%
£1,470,173 £1,794,084 £3,452,377 £3,766,260 £4,649,360
Average LV/ha with affordable £1,550,081 £1,858,763 £3,398,895 £3,657,221 £4,492,523
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
Appendix 8
Valuations at 40% affordable
Social rent. Shared Ownership 30% sale
Social Rent 50%/Shared Ownership 50%
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£458,589 £538,122 £969,868 £1,029,632 £1,257,152
18.7% 20.9% 30.1% 31.1% 34.5%
£1,375,767 £1,614,366 £2,909,603 £3,088,896 £3,771,456
£310,841 £376,181 £762,258 £895,068 £1,084,200
16.6% 19.2% 29.9% 32.5% 35.8%
£1,554,205 £1,880,903 £3,811,290 £4,475,338 £5,420,999
£155,050 £203,083 £389,103 £389,103 £505,556
11.2% 14.0% 22.4% 22.4% 26.4%
£1,162,878 £1,523,122 £2,918,269 £2,918,269 £3,791,669
£923,699 £1,119,360 £2,012,644 £2,114,407 £2,628,067
15.6% 18.0% 26.3% 27.1% 30.6%
£1,108,439 £1,343,233 £2,415,173 £2,537,289 £3,153,680
£736,724 £910,165 £1,776,034 £1,954,119 £2,425,499
14.1% 16.6% 26.0% 27.4% 31.0%
£1,473,449 £1,820,330 £3,552,068 £3,908,239 £4,850,998
£2,199,194 £2,621,883 £4,387,082 £4,539,080 £5,625,492
16.4% 18.6% 25.8% 26.3% 29.6%
£1,319,516 £1,573,130 £2,632,249 £2,723,448 £3,375,295
£1,229,970 £1,551,750 £3,102,167 £3,369,684 £4,232,276
12.1% 14.6% 23.5% 24.7% 28.2%
£1,229,970 £1,551,750 £3,102,167 £3,369,684 £4,232,276
£3,760,411 £4,550,543 £7,928,437 £8,256,752 £10,299,605
15.0% 17.3% 24.9% 25.5% 28.9%
£1,128,123 £1,365,163 £2,378,531 £2,477,026 £3,089,881
£2,681,217 £3,337,531 £6,494,604 £7,090,436 £8,854,442
13.0% 15.4% 24.1% 25.4% 28.9%
£1,340,609 £1,668,765 £3,247,302 £3,545,218 £4,427,221
£14,462,431 £17,590,516 £30,356,462 £31,290,810 £39,281,100
14.0% 16.2% 23.3% 23.7% 27.1%
£1,084,682 £1,319,289 £2,276,735 £2,346,811 £2,946,082
£9,523,286 £12,001,122 £24,947,215 £27,680,185 £34,491,116
11.7% 14.1% 23.2% 24.7% 27.9%
£1,190,411 £1,500,140 £3,118,402 £3,460,023 £4,311,389
Average LV/ha with affordable £1,269,823 £1,560,017 £2,941,981 £3,168,204 £3,942,813
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
Appendix 8
Valuations at 10% affordable
Social Rent. Shared Ownership 35% sale
Social Rent 50%/Shared Ownership 50%
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£806,332 £919,864 £1,433,255 £1,512,941 £1,813,052
23.7% 25.7% 32.7% 33.6% 36.6%
£2,418,997 £2,759,593 £4,299,766 £4,538,824 £5,439,156
£556,789 £640,157 £1,118,629 £1,291,282 £1,533,227
22.3% 24.4% 33.2% 35.6% 38.4%
£2,783,944 £3,200,784 £5,593,147 £6,456,409 £7,666,136
£277,811 £336,169 £593,967 £593,967 £742,480
16.1% 18.6% 26.7% 26.7% 30.4%
£2,083,583 £2,521,266 £4,454,754 £4,454,754 £5,568,597
£1,401,552 £1,617,115 £2,591,297 £2,731,222 £3,299,678
20.8% 22.9% 29.9% 30.7% 33.8%
£1,681,863 £1,940,538 £3,109,557 £3,277,466 £3,959,613
£1,265,111 £1,466,749 £2,563,272 £2,804,959 £3,366,343
20.1% 22.2% 30.6% 32.0% 34.9%
£2,530,222 £2,933,497 £5,126,544 £5,609,919 £6,732,686
£3,418,278 £3,930,546 £6,254,330 £6,558,326 £7,907,308
20.5% 22.4% 29.1% 29.8% 32.7%
£2,050,967 £2,358,328 £3,752,598 £3,934,996 £4,744,385
£2,311,142 £2,692,683 £4,855,221 £5,414,574 £6,495,804
18.6% 20.6% 29.1% 30.7% 33.5%
£2,311,142 £2,692,683 £4,855,221 £5,414,574 £6,495,804
£7,021,549 £8,065,515 £12,709,367 £13,250,480 £15,982,656
20.6% 22.5% 29.1% 29.7% 32.6%
£2,106,465 £2,419,655 £3,812,810 £3,975,144 £4,794,797
£4,684,922 £5,466,401 £9,952,960 £11,144,625 £13,369,563
18.4% 20.5% 29.0% 30.7% 33.5%
£2,342,461 £2,733,200 £4,976,480 £5,572,312 £6,684,782
£26,161,026 £30,153,663 £48,431,004 £50,696,799 £61,217,657
19.3% 21.2% 27.7% 28.4% 31.1%
£1,962,077 £2,261,525 £3,632,325 £3,802,260 £4,591,324
£16,843,570 £19,737,746 £35,774,312 £39,628,501 £47,754,159
17.2% 19.2% 27.2% 28.7% 31.5%
£2,105,446 £2,467,218 £4,471,789 £4,953,563 £5,969,270
Average LV/ha with affordable £2,216,106 £2,571,662 £4,371,363 £4,726,384 £5,695,141
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
Appendix 8
Valuations at 20% affordable
Social rent. Shared Ownership 35% sale
Social Rent 50%/Shared Ownership 50%
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£633,228 £733,515 £1,188,922 £1,281,889 £1,549,335
21.2% 23.4% 30.9% 32.1% 35.3%
£1,899,684 £2,200,544 £3,566,767 £3,845,667 £4,648,005
£449,729 £521,518 £958,427 £1,111,158 £1,332,147
19.8% 21.9% 31.3% 33.7% 36.8%
£2,248,646 £2,607,590 £4,792,136 £5,555,791 £6,660,735
£214,620 £266,452 £506,018 £506,018 £647,988
13.0% 15.4% 24.0% 24.0% 27.9%
£1,609,648 £1,998,391 £3,795,135 £3,795,135 £4,859,908
£1,619,695 £1,868,472 £3,020,269 £3,191,994 £3,851,595
21.0% 23.1% 30.4% 31.3% 34.3%
£1,943,634 £2,242,166 £3,624,322 £3,830,393 £4,621,914
£1,128,877 £1,326,641 £2,322,787 £2,526,313 £3,065,338
18.5% 20.7% 29.0% 30.3% 33.5%
£2,257,754 £2,653,282 £4,645,574 £5,052,627 £6,130,677
£2,920,134 £3,386,694 £5,535,206 £5,845,282 £7,079,890
19.4% 21.4% 28.4% 29.3% 32.2%
£1,752,081 £2,032,016 £3,321,124 £3,507,169 £4,247,934
£2,030,707 £2,397,530 £4,453,004 £4,933,317 £5,964,218
17.2% 19.3% 28.1% 29.6% 32.6%
£2,030,707 £2,397,530 £4,453,004 £4,933,317 £5,964,218
£5,932,804 £6,892,865 £11,080,504 £11,554,737 £14,055,420
19.1% 21.2% 27.9% 28.6% 31.6%
£1,779,841 £2,067,859 £3,324,151 £3,466,421 £4,216,626
£4,334,150 £5,093,434 £9,247,332 £10,311,318 £12,442,180
17.7% 19.8% 28.3% 29.9% 32.8%
£2,167,075 £2,546,717 £4,623,666 £5,155,659 £6,221,090
£21,920,323 £25,558,546 £42,301,776 £44,579,251 £54,191,923
17.9% 19.9% 26.8% 27.5% 30.4%
£1,644,024 £1,916,891 £3,172,633 £3,343,444 £4,064,394
£15,310,582 £18,134,363 £33,877,842 £37,796,267 £45,746,539
16.1% 18.2% 26.6% 28.2% 31.1%
£1,913,823 £2,266,795 £4,234,730 £4,724,533 £5,718,317
Average LV/ha with affordable £1,931,538 £2,266,344 £3,959,386 £4,291,832 £5,213,983
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
Appendix 8
Valuations at 30% affordable
Social rent. Shared Ownership 35% sale
Social Rent 50%/Shared Ownership 50%
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£441,124 £514,130 £958,740 £1,071,628 £1,291,653
19.4% 21.5% 31.2% 33.1% 36.3%
£1,323,372 £1,542,390 £2,876,220 £3,214,885 £3,874,959
£467,152 £542,926 £979,584 £1,085,832 £1,310,837
19.7% 21.9% 31.1% 32.8% 36.0%
£2,335,762 £2,714,628 £4,897,922 £5,429,160 £6,554,186
£185,468 £240,072 £462,037 £462,037 £591,789
12.0% 14.8% 23.4% 23.4% 27.2%
£1,391,007 £1,800,542 £3,465,275 £3,465,275 £4,438,414
£1,180,459 £1,395,826 £2,361,813 £2,495,377 £3,061,488
17.9% 20.1% 27.9% 28.7% 32.0%
£1,416,551 £1,674,991 £2,834,176 £2,994,453 £3,673,786
£946,671 £1,131,566 £2,076,136 £2,241,502 £2,744,072
16.7% 19.1% 27.9% 29.1% 32.4%
£1,893,341 £2,263,133 £4,152,273 £4,483,003 £5,488,143
£2,433,524 £2,864,455 £4,831,842 £5,050,719 £6,182,075
17.6% 19.7% 27.1% 27.8% 30.9%
£1,460,114 £1,718,673 £2,899,105 £3,030,431 £3,709,245
£1,695,479 £2,039,564 £3,924,431 £4,350,025 £5,309,753
15.4% 17.7% 26.7% 28.3% 31.4%
£1,695,479 £2,039,564 £3,924,431 £4,350,025 £5,309,753
£4,499,919 £5,328,679 £9,199,901 £9,753,174 £11,950,846
17.0% 19.1% 26.8% 27.7% 30.8%
£1,349,976 £1,598,604 £2,759,970 £2,925,952 £3,585,254
£3,371,215 £4,068,953 £7,720,339 £8,389,130 £10,298,693
15.1% 17.4% 26.2% 27.4% 30.6%
£1,685,607 £2,034,477 £3,860,169 £4,194,565 £5,149,347
£17,996,876 £21,346,428 £36,012,843 £37,472,763 £46,179,211
16.1% 18.2% 25.2% 25.8% 28.9%
£1,349,766 £1,600,982 £2,700,963 £2,810,457 £3,463,441
£12,095,083 £14,703,051 £28,066,448 £30,577,510 £37,687,047
14.0% 16.2% 24.6% 25.8% 28.9%
£1,511,885 £1,837,881 £3,508,306 £3,822,189 £4,710,881
Average LV/ha with affordable £1,582,987 £1,893,260 £3,443,528 £3,701,854 £4,541,583
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
Appendix 8
Valuations at 40% affordable
Social rent. Shared Ownership 35% sale
Social Rent 50%/Shared Ownership 50%
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£472,331 £552,402 £988,811 £1,048,575 £1,277,990
19.2% 21.3% 30.5% 31.4% 34.8%
£1,416,993 £1,657,206 £2,966,432 £3,145,725 £3,833,969
£321,730 £387,615 £777,315 £910,124 £1,100,764
17.1% 19.6% 30.2% 32.8% 36.1%
£1,608,650 £1,938,075 £3,886,574 £4,550,622 £5,503,818
£163,845 £212,224 £400,022 £400,022 £517,443
11.7% 14.5% 22.8% 22.8% 26.8%
£1,228,836 £1,591,681 £3,000,168 £3,000,168 £3,880,823
£948,774 £1,145,690 £2,047,302 £2,149,065 £2,666,192
15.9% 18.3% 26.6% 27.4% 30.9%
£1,138,528 £1,374,828 £2,456,762 £2,578,878 £3,199,430
£768,934 £943,985 £1,820,228 £1,998,314 £2,474,113
14.6% 17.1% 26.4% 27.8% 31.3%
£1,537,869 £1,887,970 £3,640,457 £3,996,628 £4,948,227
£2,262,274 £2,688,121 £4,475,134 £4,627,132 £5,722,354
16.7% 18.9% 26.1% 26.6% 29.9%
£1,357,364 £1,612,872 £2,685,080 £2,776,279 £3,433,413
£1,291,232 £1,616,076 £3,184,327 £3,451,843 £4,322,651
12.6% 15.1% 24.0% 25.1% 28.6%
£1,291,232 £1,616,076 £3,184,327 £3,451,843 £4,322,651
£3,894,186 £4,691,003 £8,107,767 £8,436,082 £10,496,865
15.4% 17.7% 25.2% 25.8% 29.2%
£1,168,256 £1,407,301 £2,432,330 £2,530,825 £3,149,059
£2,794,086 £3,456,043 £6,648,918 £7,244,750 £9,024,188
13.4% 15.8% 24.5% 25.8% 29.2%
£1,397,043 £1,728,022 £3,324,459 £3,622,375 £4,512,094
£14,987,545 £18,141,877 £31,063,381 £31,997,730 £40,058,705
14.4% 16.6% 23.6% 24.1% 27.4%
£1,124,066 £1,360,641 £2,329,754 £2,399,830 £3,004,403
£9,966,819 £12,466,823 £25,551,297 £28,284,268 £35,155,606
12.2% 14.5% 23.6% 25.0% 28.3%
£1,245,852 £1,558,353 £3,193,912 £3,535,533 £4,394,451
Average LV/ha with affordable £1,319,517 £1,612,093 £3,009,114 £3,235,337 £4,016,576
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
Appendix 8
Valuations at 10% affordable
Social Rent. Shared Ownership 40% sale
Social Rent 50%/Shared Ownership 50%
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£806,332 £919,864 £1,433,255 £1,512,941 £1,813,052
23.7% 25.7% 32.7% 33.6% 36.6%
£2,418,997 £2,759,593 £4,299,766 £4,538,824 £5,439,156
£556,789 £640,157 £1,118,629 £1,291,282 £1,533,227
22.3% 24.4% 33.2% 35.6% 38.4%
£2,783,944 £3,200,784 £5,593,147 £6,456,409 £7,666,136
£282,296 £340,878 £598,628 £598,628 £747,607
16.3% 18.8% 26.9% 26.9% 30.5%
£2,117,220 £2,556,586 £4,489,710 £4,489,710 £5,607,050
£1,409,459 £1,625,417 £2,600,297 £2,740,222 £3,309,578
20.9% 23.0% 30.0% 30.8% 33.8%
£1,691,351 £1,950,501 £3,120,357 £3,288,266 £3,971,493
£1,275,875 £1,478,051 £2,576,808 £2,818,495 £3,381,233
20.3% 22.4% 30.7% 32.1% 35.0%
£2,551,751 £2,956,103 £5,153,615 £5,636,991 £6,762,466
£3,437,318 £3,950,538 £6,280,568 £6,584,564 £7,936,169
20.6% 22.5% 29.2% 29.9% 32.7%
£2,062,391 £2,370,323 £3,768,341 £3,950,738 £4,761,701
£2,329,312 £2,711,761 £4,878,834 £5,438,187 £6,521,778
18.7% 20.7% 29.1% 30.8% 33.6%
£2,329,312 £2,711,761 £4,878,834 £5,438,187 £6,521,778
£7,063,522 £8,109,586 £12,764,818 £13,305,931 £16,043,652
20.7% 22.6% 29.2% 29.8% 32.6%
£2,119,057 £2,432,876 £3,829,445 £3,991,779 £4,813,096
£4,745,773 £5,530,296 £10,024,859 £11,216,524 £13,448,655
18.6% 20.6% 29.1% 30.8% 33.6%
£2,372,887 £2,765,148 £5,012,430 £5,608,262 £6,724,327
£26,298,965 £30,298,495 £48,621,083 £50,886,879 £61,426,744
19.4% 21.2% 27.8% 28.4% 31.2%
£1,972,422 £2,272,387 £3,646,581 £3,816,516 £4,607,006
£16,997,414 £19,899,283 £35,967,963 £39,822,152 £47,967,180
17.3% 19.3% 27.3% 28.8% 31.6%
£2,124,677 £2,487,410 £4,495,995 £4,977,769 £5,995,898
Average LV/ha with affordable £2,231,273 £2,587,588 £4,389,838 £4,744,859 £5,715,464
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
Appendix 8
Valuations at 20% affordable
Social rent. Shared Ownership 40% sale
Social Rent 50%/Shared Ownership 50%
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£633,228 £733,515 £1,188,922 £1,281,889 £1,549,335
21.2% 23.4% 30.9% 32.1% 35.3%
£1,899,684 £2,200,544 £3,566,767 £3,845,667 £4,648,005
£449,729 £521,518 £958,427 £1,111,158 £1,332,147
19.8% 21.9% 31.3% 33.7% 36.8%
£2,248,646 £2,607,590 £4,792,136 £5,555,791 £6,660,735
£223,775 £275,871 £515,340 £515,340 £658,242
13.5% 15.9% 24.3% 24.3% 28.2%
£1,678,310 £2,069,032 £3,865,048 £3,865,048 £4,936,813
£1,636,533 £1,886,151 £3,043,762 £3,215,487 £3,877,437
21.2% 23.3% 30.5% 31.4% 34.4%
£1,963,840 £2,263,381 £3,652,514 £3,858,584 £4,652,924
£1,145,825 £1,344,437 £2,344,769 £2,548,296 £3,089,520
18.7% 20.9% 29.2% 30.5% 33.6%
£2,291,651 £2,688,874 £4,689,539 £5,096,592 £6,179,040
£2,952,326 £3,420,494 £5,580,122 £5,890,198 £7,129,297
19.5% 21.5% 28.6% 29.4% 32.3%
£1,771,396 £2,052,296 £3,348,073 £3,534,119 £4,277,578
£2,069,036 £2,437,775 £4,503,341 £4,983,655 £6,019,589
17.4% 19.5% 28.3% 29.8% 32.7%
£2,069,036 £2,437,775 £4,503,341 £4,983,655 £6,019,589
£6,015,734 £6,979,940 £11,190,879 £11,665,112 £14,176,834
19.3% 21.4% 28.1% 28.7% 31.8%
£1,804,720 £2,093,982 £3,357,264 £3,499,534 £4,253,050
£4,410,659 £5,173,768 £9,347,230 £10,411,216 £12,552,067
17.9% 20.0% 28.5% 30.1% 33.0%
£2,205,330 £2,586,884 £4,673,615 £5,205,608 £6,276,034
£22,192,768 £25,844,606 £42,672,314 £44,949,790 £54,599,514
18.1% 20.0% 26.9% 27.7% 30.5%
£1,664,458 £1,938,345 £3,200,424 £3,371,234 £4,094,964
£15,562,847 £18,399,236 £34,210,361 £38,128,787 £46,112,319
16.3% 18.4% 26.8% 28.4% 31.2%
£1,945,356 £2,299,905 £4,276,295 £4,766,098 £5,764,040
Average LV/ha with affordable £1,958,402 £2,294,419 £3,993,183 £4,325,630 £5,251,161
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
Appendix 8
Valuations at 30% affordable
Social rent. Shared Ownership 50% sale
Social Rent 50%/Shared Ownership 40%
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£447,995 £521,270 £968,212 £1,081,100 £1,302,072
19.6% 21.7% 31.4% 33.3% 36.4%
£1,343,985 £1,563,810 £2,904,635 £3,243,300 £3,906,216
£474,023 £550,065 £989,056 £1,095,304 £1,321,256
20.0% 22.1% 31.2% 32.9% 36.1%
£2,370,117 £2,750,327 £4,945,280 £5,476,518 £6,606,280
£198,558 £248,690 £476,240 £476,240 £607,252
12.7% 15.1% 23.9% 23.9% 27.7%
£1,489,186 £1,865,175 £3,571,801 £3,571,801 £4,554,390
£1,205,248 £1,421,854 £2,394,191 £2,527,755 £3,097,104
18.2% 20.4% 28.1% 28.9% 32.2%
£1,446,298 £1,706,225 £2,873,029 £3,033,306 £3,716,525
£976,442 £1,162,827 £2,114,373 £2,279,739 £2,786,132
17.1% 19.4% 28.2% 29.4% 32.7%
£1,952,885 £2,325,653 £4,228,747 £4,559,477 £5,572,265
£2,480,413 £2,913,688 £4,896,548 £5,115,425 £6,253,252
17.9% 20.0% 27.4% 28.0% 31.1%
£1,488,248 £1,748,213 £2,937,929 £3,069,255 £3,751,951
£1,751,807 £2,098,707 £3,997,089 £4,422,684 £5,389,677
15.8% 18.1% 27.1% 28.6% 31.7%
£1,751,807 £2,098,707 £3,997,089 £4,422,684 £5,389,677
£4,594,183 £5,427,655 £9,328,871 £9,882,144 £12,092,714
17.2% 19.4% 27.0% 27.9% 31.0%
£1,378,255 £1,628,296 £2,798,661 £2,964,643 £3,627,814
£3,485,838 £4,189,307 £7,867,060 £8,535,851 £10,460,088
15.5% 17.8% 26.5% 27.7% 30.9%
£1,742,919 £2,094,654 £3,933,530 £4,267,925 £5,230,044
£18,423,172 £21,794,030 £36,583,704 £38,043,624 £46,807,162
16.4% 18.5% 25.5% 26.0% 29.1%
£1,381,738 £1,634,552 £2,743,778 £2,853,272 £3,510,537
£12,506,876 £15,135,429 £28,595,853 £31,106,915 £38,269,404
14.4% 16.5% 24.9% 26.1% 29.2%
£1,563,359 £1,891,929 £3,574,482 £3,888,364 £4,783,676
Average LV/ha with affordable £1,628,072 £1,937,049 £3,500,815 £3,759,141 £4,604,489
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
Appendix 8
Valuations at 40% affordable
Social rent. Shared Ownership 40% sale
Social Rent 50%/Shared Ownership 50%
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£481,062 £566,682 £1,007,754 £1,067,518 £1,298,827
19.4% 21.7% 30.8% 31.8% 35.1%
£1,443,186 £1,700,046 £3,023,262 £3,202,555 £3,896,482
£332,622 £399,051 £792,372 £925,181 £1,117,326
17.5% 20.0% 30.6% 33.2% 36.4%
£1,663,110 £1,995,255 £3,961,859 £4,625,907 £5,586,628
£175,490 £226,173 £415,652 £415,652 £534,459
12.4% 15.2% 23.4% 23.4% 27.4%
£1,316,178 £1,696,294 £3,117,387 £3,117,387 £4,008,440
£982,357 £1,180,952 £2,090,888 £2,192,651 £2,714,136
16.3% 18.7% 27.0% 27.7% 31.2%
£1,178,828 £1,417,143 £2,509,066 £2,631,182 £3,256,964
£818,153 £995,665 £1,882,281 £2,060,367 £2,542,372
15.3% 17.8% 26.9% 28.4% 31.8%
£1,636,306 £1,991,329 £3,764,562 £4,120,733 £5,084,743
£2,325,366 £2,754,365 £4,563,186 £4,715,184 £5,819,210
17.1% 19.3% 26.4% 26.9% 30.2%
£1,395,220 £1,652,619 £2,737,912 £2,829,110 £3,491,526
£1,368,759 £1,697,479 £3,283,557 £3,551,074 £4,431,806
13.3% 15.7% 24.4% 25.6% 29.0%
£1,368,759 £1,697,479 £3,283,557 £3,551,074 £4,431,806
£4,027,970 £4,831,474 £8,287,099 £8,615,415 £10,694,134
15.9% 18.1% 25.6% 26.2% 29.5%
£1,208,391 £1,449,442 £2,486,130 £2,584,624 £3,208,240
£2,943,545 £3,612,974 £6,841,640 £7,437,473 £9,236,185
14.0% 16.3% 25.0% 26.2% 29.6%
£1,471,772 £1,806,487 £3,420,820 £3,718,736 £4,618,092
£15,571,253 £18,754,762 £31,831,782 £32,766,131 £40,903,961
14.9% 17.0% 24.0% 24.4% 27.7%
£1,167,844 £1,406,607 £2,387,384 £2,457,460 £3,067,797
£10,527,487 £13,055,520 £26,278,350 £29,011,320 £35,955,373
12.7% 15.0% 24.0% 25.4% 28.6%
£1,315,936 £1,631,940 £3,284,794 £3,626,415 £4,494,422
Average LV/ha with affordable £1,378,685 £1,676,786 £3,088,794 £3,315,017 £4,104,104
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
Appendix 8
Valuations at 10% affordable
Social Rent. Shared Ownership 50% sale
Social Rent 50%/Shared Ownership 50%
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£806,332 £919,864 £1,433,255 £1,512,941 £1,813,052
23.7% 25.7% 32.7% 33.6% 36.6%
£2,418,997 £2,759,593 £4,299,766 £4,538,824 £5,439,156
£556,789 £640,157 £1,118,629 £1,291,282 £1,533,227
22.3% 24.4% 33.2% 35.6% 38.4%
£2,783,944 £3,200,784 £5,593,147 £6,456,409 £7,666,136
£282,296 £340,878 £598,628 £598,628 £747,607
16.3% 18.8% 26.9% 26.9% 30.5%
£2,117,220 £2,556,586 £4,489,710 £4,489,710 £5,607,050
£1,416,769 £1,633,093 £2,609,369 £2,749,293 £3,319,556
21.0% 23.0% 30.0% 30.9% 33.9%
£1,700,123 £1,959,712 £3,131,243 £3,299,152 £3,983,467
£1,288,902 £1,491,729 £2,594,951 £2,836,639 £3,401,191
20.4% 22.5% 30.8% 32.2% 35.1%
£2,577,803 £2,983,459 £5,189,902 £5,673,278 £6,802,382
£3,475,394 £3,990,518 £6,333,045 £6,637,041 £7,993,895
20.7% 22.7% 29.3% 30.0% 32.9%
£2,085,236 £2,394,311 £3,799,827 £3,982,225 £4,796,337
£2,357,519 £2,741,379 £4,917,525 £5,476,878 £6,564,338
18.9% 20.9% 29.3% 30.9% 33.7%
£2,357,519 £2,741,379 £4,917,525 £5,476,878 £6,564,338
£7,131,203 £8,180,652 £12,858,656 £13,399,768 £16,146,874
20.8% 22.8% 29.3% 29.9% 32.8%
£2,139,361 £2,454,196 £3,857,597 £4,019,931 £4,844,062
£4,810,569 £5,598,336 £10,108,911 £11,300,575 £13,541,109
18.8% 20.8% 29.3% 31.0% 33.7%
£2,405,285 £2,799,168 £5,054,455 £5,650,288 £6,770,554
£26,574,814 £30,588,145 £49,001,246 £51,267,042 £61,844,926
19.5% 21.4% 27.9% 28.5% 31.3%
£1,993,111 £2,294,111 £3,675,093 £3,845,028 £4,638,369
£17,234,812 £20,148,562 £36,281,489 £40,135,678 £48,312,052
17.5% 19.4% 27.5% 28.9% 31.7%
£2,154,351 £2,518,570 £4,535,186 £5,016,960 £6,039,007
Average LV/ha with affordable £2,248,450 £2,605,624 £4,413,041 £4,768,062 £5,740,987
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
Appendix 8
Valuations at 20% affordable
Social rent. Shared Ownership 50% sale
Social Rent 50%/Shared Ownership 50%
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£633,228 £733,515 £1,188,922 £1,281,889 £1,549,335
21.2% 23.4% 30.9% 32.1% 35.3%
£1,899,684 £2,200,544 £3,566,767 £3,845,667 £4,648,005
£449,729 £521,518 £958,427 £1,111,158 £1,332,147
19.8% 21.9% 31.3% 33.7% 36.8%
£2,248,646 £2,607,590 £4,792,136 £5,555,791 £6,660,735
£223,775 £275,871 £515,340 £515,340 £658,242
13.5% 15.9% 24.3% 24.3% 28.2%
£1,678,310 £2,069,032 £3,865,048 £3,865,048 £4,936,813
£1,670,206 £1,921,508 £3,090,749 £3,262,475 £3,929,124
21.5% 23.6% 30.8% 31.7% 34.7%
£2,004,247 £2,305,810 £3,708,899 £3,914,970 £4,714,949
£1,179,717 £1,380,025 £2,388,732 £2,592,259 £3,137,878
19.1% 21.3% 29.5% 30.8% 33.9%
£2,359,434 £2,760,050 £4,777,465 £5,184,518 £6,275,756
£3,016,704 £3,488,092 £5,669,956 £5,980,032 £7,228,116
19.8% 21.8% 28.9% 29.7% 32.6%
£1,810,023 £2,092,855 £3,401,974 £3,588,019 £4,336,869
£2,129,432 £2,501,192 £4,586,950 £5,067,263 £6,111,558
17.8% 19.9% 28.6% 30.1% 33.0%
£2,129,432 £2,501,192 £4,586,950 £5,067,263 £6,111,558
£6,165,324 £7,137,015 £11,394,561 £11,868,794 £14,400,884
19.7% 21.7% 28.4% 29.0% 32.0%
£1,849,597 £2,141,105 £3,418,368 £3,560,638 £4,320,265
£4,531,154 £5,300,291 £9,512,889 £10,576,875 £12,734,293
18.3% 20.4% 28.8% 30.4% 33.3%
£2,265,577 £2,650,145 £4,756,444 £5,288,437 £6,367,146
£22,698,584 £26,375,727 £43,372,412 £45,649,887 £55,369,627
18.4% 20.3% 27.2% 27.9% 30.8%
£1,702,394 £1,978,180 £3,252,931 £3,423,742 £4,152,722
£16,028,294 £18,887,976 £34,834,425 £38,752,850 £46,798,780
16.7% 18.8% 27.1% 28.7% 31.5%
£2,003,537 £2,360,997 £4,354,303 £4,844,106 £5,849,847
Average LV/ha with affordable £1,995,535 £2,333,409 £4,043,753 £4,376,200 £5,306,788
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
Appendix 8
Valuations at 30% affordable
Social rent. Shared Ownership 50% sale
Social Rent 50%/Shared Ownership 50%
Figures represent land value/% to GDV/land value per ha
Number of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£461,737 £535,551 £987,155 £1,100,043 £1,322,909
20.1% 22.2% 31.8% 33.6% 36.7%
£1,385,211 £1,606,652 £2,961,464 £3,300,129 £3,968,728
£482,737 £564,346 £1,007,999 £1,114,247 £1,342,094
20.2% 22.5% 31.6% 33.3% 36.4%
£2,413,685 £2,821,731 £5,039,995 £5,571,234 £6,710,468
£206,429 £256,788 £480,802 £480,802 £617,670
13.1% 15.5% 24.0% 24.0% 28.0%
£1,548,215 £1,925,908 £3,606,015 £3,606,015 £4,632,525
£1,246,319 £1,464,980 £2,450,017 £2,583,582 £3,158,513
18.6% 20.9% 28.5% 29.3% 32.6%
£1,495,582 £1,757,976 £2,940,021 £3,100,298 £3,790,216
£1,018,976 £1,207,488 £2,172,992 £2,338,357 £2,850,613
17.7% 20.0% 28.7% 29.9% 33.1%
£2,037,951 £2,414,976 £4,345,983 £4,676,713 £5,701,225
£2,574,184 £3,012,150 £5,025,962 £5,244,839 £6,395,608
18.4% 20.5% 27.8% 28.5% 31.5%
£1,544,510 £1,807,290 £3,015,577 £3,146,904 £3,837,365
£1,831,939 £2,182,848 £4,108,270 £4,533,865 £5,511,977
16.4% 18.6% 27.5% 29.0% 32.1%
£1,831,939 £2,182,848 £4,108,270 £4,533,865 £5,511,977
£4,782,697 £5,625,601 £9,586,809 £10,140,081 £12,376,446
17.8% 19.9% 27.5% 28.3% 31.5%
£1,434,809 £1,687,680 £2,876,043 £3,042,024 £3,712,934
£3,658,171 £4,370,263 £8,100,761 £8,769,552 £10,717,158
16.1% 18.4% 27.0% 28.2% 31.3%
£1,829,086 £2,185,132 £4,050,380 £4,384,776 £5,358,579
£19,197,631 £22,607,239 £37,643,458 £39,103,378 £47,972,892
16.9% 19.0% 25.9% 26.5% 29.6%
£1,439,822 £1,695,543 £2,823,259 £2,932,753 £3,597,967
£13,174,252 £15,836,202 £29,490,728 £32,001,791 £39,253,755
15.0% 17.1% 25.4% 26.6% 29.6%
£1,646,781 £1,979,525 £3,686,341 £4,000,224 £4,906,719
Average LV/ha with affordable £1,691,599 £2,005,933 £3,586,668 £3,844,994 £4,702,609
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
Appendix 8
Valuations at 40% Affordable
Social rent. Shared Ownership 50% sale
Social Rent 50%/Shared Ownership 50%
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£508,262 £595,243 £1,045,640 £1,105,404 £1,340,502
20.2% 22.5% 31.5% 32.4% 35.8%
£1,524,787 £1,785,730 £3,136,920 £3,316,213 £4,021,507
£354,403 £421,922 £822,487 £955,297 £1,150,453
18.4% 20.9% 31.3% 33.8% 37.0%
£1,772,015 £2,109,608 £4,112,435 £4,776,483 £5,752,264
£192,901 £244,455 £437,491 £437,491 £558,234
13.4% 16.2% 24.3% 24.3% 28.2%
£1,446,758 £1,833,411 £3,281,184 £3,281,184 £4,186,753
£1,032,511 £1,233,615 £2,160,207 £2,261,970 £2,790,388
17.0% 19.3% 27.5% 28.3% 31.7%
£1,239,013 £1,480,338 £2,592,248 £2,714,364 £3,348,465
£882,573 £1,063,308 £1,970,673 £2,148,759 £2,639,603
16.3% 18.7% 27.7% 29.1% 32.5%
£1,765,147 £2,126,616 £3,941,346 £4,297,517 £5,279,207
£2,451,538 £2,886,848 £4,739,297 £4,891,295 £6,012,935
17.8% 20.0% 27.1% 27.5% 30.8%
£1,470,923 £1,732,109 £2,843,578 £2,934,777 £3,607,761
£1,491,283 £1,826,134 £3,447,882 £3,715,399 £4,612,562
14.2% 16.6% 25.2% 26.3% 29.7%
£1,491,283 £1,826,134 £3,447,882 £3,715,399 £4,612,562
£4,295,509 £5,112,401 £8,645,766 £8,974,081 £11,088,663
16.7% 18.9% 26.3% 26.9% 30.2%
£1,288,653 £1,533,720 £2,593,730 £2,692,224 £3,326,599
£3,169,286 £3,850,009 £7,150,277 £7,746,110 £9,575,686
14.8% 17.2% 25.7% 26.9% 30.2%
£1,584,643 £1,925,005 £3,575,139 £3,873,055 £4,787,843
£16,621,462 £19,857,525 £33,245,642 £34,179,991 £42,459,192
15.6% 17.8% 24.7% 25.1% 28.3%
£1,246,610 £1,489,314 £2,493,423 £2,563,499 £3,184,439
£11,414,543 £13,986,962 £27,486,537 £30,219,507 £37,284,375
13.6% 15.8% 24.7% 26.1% 29.2%
£1,426,818 £1,748,370 £3,435,817 £3,777,438 £4,660,547
Average LV/ha with affordable £1,477,877 £1,780,941 £3,223,064 £3,449,287 £4,251,632
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 10% affordable
Affordable Rent 65% market rent. Shared Ownership 30% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£831,405 £946,191 £1,472,232 £1,551,917 £1,855,925
24.2% 26.2% 33.2% 34.1% 37.1%
£2,494,216 £2,838,572 £4,416,695 £4,655,752 £5,567,776
£566,227 £650,067 £1,142,837 £1,315,489 £1,559,856
22.6% 24.7% 33.6% 36.0% 38.8%
£2,831,137 £3,250,335 £5,714,184 £6,577,446 £7,799,278
£279,663 £338,113 £607,987 £607,987 £757,902
16.2% 18.6% 27.1% 27.1% 30.8%
£2,097,470 £2,535,848 £4,559,905 £4,559,905 £5,684,267
£1,896,112 £2,167,148 £3,405,796 £3,583,882 £4,300,285
22.4% 24.4% 31.2% 32.1% 35.0%
£2,275,334 £2,600,578 £4,086,956 £4,300,658 £5,160,342
£1,253,946 £1,454,711 £2,551,432 £2,767,679 £3,324,676
20.0% 22.1% 30.6% 31.9% 34.8%
£2,507,893 £2,909,422 £5,102,864 £5,535,358 £6,649,351
£3,412,012 £3,923,965 £6,275,595 £6,579,591 £7,930,700
20.4% 22.4% 29.2% 29.9% 32.7%
£2,047,207 £2,354,379 £3,765,357 £3,947,755 £4,758,420
£2,284,500 £2,664,708 £4,839,690 £5,399,043 £6,478,720
18.4% 20.5% 29.0% 30.7% 33.4%
£2,284,500 £2,664,708 £4,839,690 £5,399,043 £6,478,720
£7,125,436 £8,176,053 £12,883,197 £13,424,310 £16,176,904
20.8% 22.7% 29.3% 29.9% 32.7%
£2,137,631 £2,452,816 £3,864,959 £4,027,293 £4,853,071
£4,619,220 £5,397,418 £9,937,852 £11,129,516 £13,352,949
18.2% 20.3% 29.0% 30.7% 33.5%
£2,309,610 £2,698,709 £4,968,926 £5,564,758 £6,676,475
£26,286,158 £30,291,306 £48,569,535 £50,835,331 £61,382,574
19.3% 21.2% 27.7% 28.4% 31.1%
£1,971,462 £2,271,848 £3,642,715 £3,812,650 £4,603,693
£16,618,986 £19,501,383 £35,597,726 £39,451,915 £47,558,816
17.0% 19.0% 27.2% 28.7% 31.4%
£2,077,373 £2,437,673 £4,449,716 £4,931,489 £5,944,852
Average LV/ha with affordable £2,275,803 £2,637,717 £4,491,997 £4,846,555 £5,834,204
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 20% affordable
Affordable Rent 65% market rent. Shared Ownership 30% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£699,312 £802,901 £1,274,808 £1,367,775 £1,643,810
22.8% 24.9% 32.2% 33.4% 36.4%
£2,097,935 £2,408,704 £3,824,425 £4,103,325 £4,931,429
£484,600 £557,755 £1,021,611 £1,174,342 £1,401,649
20.9% 22.9% 32.5% 34.8% 37.7%
£2,423,002 £2,788,773 £5,108,055 £5,871,710 £7,008,245
£218,399 £270,341 £534,058 £534,058 £678,833
13.2% 15.6% 24.9% 24.9% 28.8%
£1,637,994 £2,027,556 £4,005,438 £4,005,438 £5,091,247
£1,630,938 £1,880,275 £3,035,401 £3,207,126 £3,868,239
21.1% 23.2% 30.5% 31.3% 34.4%
£1,957,125 £2,256,330 £3,642,481 £3,848,552 £4,641,887
£1,126,564 £1,324,987 £2,337,260 £2,540,786 £3,082,806
18.4% 20.6% 29.0% 30.4% 33.5%
£2,253,128 £2,649,974 £4,674,519 £5,081,572 £6,165,612
£2,895,691 £3,361,777 £5,534,271 £5,844,346 £7,080,367
19.2% 21.2% 28.4% 29.2% 32.2%
£1,737,414 £2,017,066 £3,320,562 £3,506,608 £4,248,220
£1,967,830 £2,332,175 £4,400,747 £4,881,060 £5,908,070
16.7% 18.9% 27.8% 29.4% 32.3%
£1,967,830 £2,332,175 £4,400,747 £4,881,060 £5,908,070
£5,875,109 £6,832,282 £11,019,167 £11,493,400 £13,987,951
19.0% 21.0% 27.9% 28.5% 31.5%
£1,762,533 £2,049,685 £3,305,750 £3,448,020 £4,196,385
£4,285,532 £5,042,382 £9,238,172 £10,302,158 £12,432,102
17.5% 19.7% 28.3% 29.9% 32.8%
£2,142,766 £2,521,191 £4,619,086 £5,151,079 £6,216,051
£23,122,686 £26,922,875 £43,666,474 £45,476,775 £55,385,975
18.1% 20.0% 26.6% 27.2% 30.2%
£1,734,201 £2,019,216 £3,274,986 £3,410,758 £4,153,948
£15,312,238 £18,142,356 £33,930,241 £37,848,667 £45,816,720
16.1% 18.2% 26.6% 28.2% 31.1%
£1,914,030 £2,267,795 £4,241,280 £4,731,083 £5,727,090
Average LV/ha with affordable £1,966,178 £2,303,497 £4,037,939 £4,367,200 £5,298,926
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 30% affordable
Affordable Rent 65% market rent. Shared Ownership 30% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£550,737 £640,669 £1,099,465 £1,172,511 £1,416,182
20.9% 23.2% 31.7% 32.7% 36.0%
£1,652,212 £1,922,008 £3,298,396 £3,517,532 £4,248,546
£494,425 £577,464 £1,019,840 £1,126,088 £1,356,810
20.4% 22.7% 31.6% 33.3% 36.4%
£2,472,127 £2,887,319 £5,099,200 £5,630,438 £6,784,049
£185,311 £239,909 £480,578 £480,578 £617,424
12.0% 14.7% 24.0% 24.0% 28.0%
£1,389,835 £1,799,316 £3,604,332 £3,604,332 £4,630,682
£1,233,934 £1,453,623 £2,429,250 £2,562,814 £3,138,970
18.4% 20.6% 28.2% 29.0% 32.3%
£1,480,721 £1,744,348 £2,915,099 £3,075,376 £3,766,764
£969,431 £1,155,895 £2,112,640 £2,278,005 £2,785,086
17.0% 19.3% 28.2% 29.3% 32.6%
£1,938,862 £2,311,790 £4,225,279 £4,556,010 £5,570,171
£2,930,412 £2,930,412 £4,891,061 £5,109,938 £6,252,034
20.0% 20.0% 27.2% 27.9% 31.0%
£1,758,247 £1,758,247 £2,934,636 £3,065,963 £3,751,220
£1,693,201 £2,038,341 £3,971,151 £4,396,745 £5,363,489
15.4% 17.6% 26.9% 28.4% 31.5%
£1,693,201 £2,038,341 £3,971,151 £4,396,745 £5,363,489
£4,999,194 £5,883,321 £9,718,926 £10,168,840 £12,469,761
17.7% 19.8% 26.9% 27.6% 30.7%
£1,499,758 £1,764,996 £2,915,678 £3,050,652 £3,740,928
£3,358,240 £4,055,328 £7,769,669 £8,438,460 £10,352,958
15.1% 17.4% 26.3% 27.5% 30.7%
£1,679,120 £2,027,664 £3,884,835 £4,219,230 £5,176,479
£18,263,740 £21,642,279 £36,347,323 £37,807,243 £46,578,474
16.2% 18.3% 25.3% 25.9% 29.0%
£1,369,781 £1,623,171 £2,726,049 £2,835,543 £3,493,386
£12,266,816 £14,913,504 £28,892,146 £31,695,192 £38,977,839
14.0% 16.2% 24.8% 26.1% 29.2%
£1,533,352 £1,864,188 £3,611,518 £3,961,899 £4,872,230
Average LV/ha with affordable £1,678,838 £1,976,490 £3,562,379 £3,810,338 £4,672,540
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 40% affordable
Affordable Rent 65% market rent. Shared Ownership 30% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£556,948 £652,737 £1,045,909 £1,065,830 £1,309,839
20.1% 22.4% 29.9% 30.2% 33.7%
£1,670,844 £1,958,210 £3,137,726 £3,197,491 £3,929,518
£407,209 £484,532 £860,677 £966,925 £1,177,600
18.4% 20.9% 29.7% 31.6% 35.0%
£2,036,046 £2,422,662 £4,303,385 £4,834,624 £5,887,998
£116,995 £167,677 £380,056 £380,056 £500,540
8.3% 11.4% 21.1% 21.1% 25.3%
£877,466 £1,257,575 £2,850,419 £2,850,419 £3,754,048
£1,304,279 £1,537,115 £2,476,947 £2,534,189 £3,126,651
18.5% 20.8% 27.9% 28.2% 31.6%
£1,565,134 £1,844,538 £2,972,336 £3,041,026 £3,751,981
£700,421 £872,389 £1,750,740 £1,928,826 £2,398,363
13.5% 16.0% 25.7% 27.2% 30.7%
£1,400,842 £1,744,778 £3,501,480 £3,857,652 £4,796,726
£2,319,373 £2,750,476 £4,558,508 £4,710,506 £5,818,881
17.0% 19.2% 26.3% 26.8% 30.1%
£1,391,624 £1,650,285 £2,735,105 £2,826,303 £3,491,329
£1,095,348 £1,415,768 £3,031,530 £3,311,206 £4,178,655
10.9% 13.4% 22.9% 24.2% 27.8%
£1,095,348 £1,415,768 £3,031,530 £3,311,206 £4,178,655
£4,465,975 £5,324,161 £8,768,298 £8,999,335 £11,182,988
16.4% 18.7% 25.6% 26.0% 29.4%
£1,339,792 £1,597,248 £2,630,489 £2,699,801 £3,354,896
£2,701,204 £3,358,514 £6,663,502 £7,259,335 £9,040,232
13.0% 15.4% 24.5% 25.8% 29.2%
£1,350,602 £1,679,257 £3,331,751 £3,629,667 £4,520,116
£15,466,264 £18,672,461 £31,459,582 £32,393,931 £40,550,445
14.7% 16.9% 23.7% 24.1% 27.4%
£1,159,970 £1,400,435 £2,359,469 £2,429,545 £3,041,283
£9,971,739 £12,487,642 £25,655,806 £28,388,776 £35,301,906
12.1% 14.4% 23.5% 25.0% 28.2%
£1,246,467 £1,560,955 £3,206,976 £3,548,597 £4,412,738
Average LV/ha with affordable £1,375,831 £1,684,701 £3,096,424 £3,293,303 £4,101,754
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 10% affordable
Affordable Rent 65% market rent. Shared Ownership 35% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£831,405 £946,191 £1,472,232 £1,551,917 £1,855,925
24.2% 26.2% 33.2% 34.1% 37.1%
£2,494,216 £2,838,572 £4,416,695 £4,655,752 £5,567,776
£566,227 £650,067 £1,142,837 £1,315,489 £1,559,856
22.6% 24.7% 33.6% 36.0% 38.8%
£2,831,137 £3,250,335 £5,714,184 £6,577,446 £7,799,278
£279,663 £338,113 £607,987 £607,987 £757,902
16.2% 18.6% 27.1% 27.1% 30.8%
£2,097,470 £2,535,848 £4,559,905 £4,559,905 £5,684,267
£1,901,273 £2,172,568 £3,413,007 £3,591,093 £4,308,217
22.5% 24.4% 31.3% 32.1% 35.0%
£2,281,528 £2,607,081 £4,095,609 £4,309,311 £5,169,860
£1,259,107 £1,460,131 £2,558,643 £2,774,889 £3,332,608
20.1% 22.2% 30.6% 31.9% 34.9%
£2,518,214 £2,920,261 £5,117,285 £5,549,779 £6,665,216
£3,426,115 £3,938,774 £6,294,939 £6,598,935 £7,951,979
20.5% 22.5% 29.2% 29.9% 32.8%
£2,055,669 £2,363,264 £3,776,964 £3,959,361 £4,771,187
£2,293,670 £2,674,336 £4,852,142 £5,411,494 £6,492,416
18.5% 20.5% 29.0% 30.7% 33.5%
£2,293,670 £2,674,336 £4,852,142 £5,411,494 £6,492,416
£7,150,103 £8,201,956 £12,917,661 £13,458,774 £16,214,818
20.8% 22.8% 29.3% 29.9% 32.8%
£2,145,031 £2,460,587 £3,875,298 £4,037,632 £4,864,445
£4,642,411 £5,421,765 £9,967,537 £11,159,201 £13,385,600
18.3% 20.3% 29.0% 30.7% 33.5%
£2,321,205 £2,710,883 £4,983,768 £5,579,600 £6,692,800
£26,385,715 £30,395,844 £48,706,216 £50,972,012 £61,532,927
19.4% 21.3% 27.8% 28.4% 31.2%
£1,978,929 £2,279,688 £3,652,966 £3,822,901 £4,614,970
£16,697,300 £19,583,606 £35,698,105 £39,552,294 £47,669,224
17.1% 19.1% 27.2% 28.7% 31.4%
£2,087,162 £2,447,951 £4,462,263 £4,944,037 £5,958,653
Average LV/ha with affordable £2,282,203 £2,644,437 £4,500,644 £4,855,202 £5,843,715
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 20% affordable
Affordable Rent 65% market rent. Shared Ownership 35% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£699,312 £802,901 £1,274,808 £1,367,775 £1,643,810
22.8% 24.9% 32.2% 33.4% 36.4%
£2,097,935 £2,408,704 £3,824,425 £4,103,325 £4,931,429
£484,600 £557,755 £1,021,611 £1,174,342 £1,401,649
20.9% 22.9% 32.5% 34.8% 37.7%
£2,423,002 £2,788,773 £5,108,055 £5,871,710 £7,008,245
£218,399 £270,341 £534,058 £534,058 £678,833
13.2% 15.6% 24.9% 24.9% 28.8%
£1,637,994 £2,027,556 £4,005,438 £4,005,438 £5,091,247
£1,641,259 £1,891,114 £3,049,822 £3,221,548 £3,884,103
21.2% 23.3% 30.6% 31.4% 34.4%
£1,969,511 £2,269,336 £3,659,787 £3,865,857 £4,660,924
£1,139,081 £1,338,129 £2,353,426 £2,556,952 £3,100,587
18.6% 20.8% 29.2% 30.5% 33.6%
£2,278,163 £2,676,258 £4,706,851 £5,113,904 £6,201,175
£2,915,424 £3,382,500 £5,561,842 £5,871,918 £7,110,697
19.3% 21.3% 28.5% 29.3% 32.3%
£1,749,255 £2,029,500 £3,337,105 £3,523,151 £4,266,418
£1,986,867 £2,352,164 £4,426,984 £4,907,298 £5,936,932
16.9% 19.0% 27.9% 29.5% 32.4%
£1,986,867 £2,352,164 £4,426,984 £4,907,298 £5,936,932
£5,918,775 £6,878,131 £11,077,645 £11,551,879 £14,052,277
19.1% 21.1% 27.9% 28.6% 31.6%
£1,775,632 £2,063,439 £3,323,294 £3,465,564 £4,215,683
£4,327,099 £5,086,029 £9,294,983 £10,358,969 £12,494,596
17.7% 19.8% 28.4% 30.0% 32.9%
£2,163,549 £2,543,014 £4,647,491 £5,179,484 £6,247,298
£23,291,521 £27,100,154 £43,899,689 £45,709,990 £55,642,518
18.2% 20.1% 26.7% 27.3% 30.2%
£1,746,864 £2,032,512 £3,292,477 £3,428,249 £4,173,189
£15,470,949 £18,309,001 £34,139,114 £38,057,539 £46,046,474
16.2% 18.3% 26.7% 28.3% 31.1%
£1,933,869 £2,288,625 £4,267,389 £4,757,192 £5,755,809
Average LV/ha with affordable £1,978,422 £2,316,353 £4,054,481 £4,383,743 £5,317,123
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 30% affordable
Affordable Rent 65% market rent. Shared Ownership 35% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£556,126 £646,328 £1,106,994 £1,180,039 £1,424,464
21.0% 23.3% 31.8% 32.9% 36.1%
£1,668,377 £1,938,983 £3,320,982 £3,540,117 £4,273,391
£499,814 £583,122 £1,027,368 £1,133,616 £1,365,092
20.5% 22.8% 31.8% 33.4% 36.5%
£2,499,069 £2,915,611 £5,136,842 £5,668,080 £6,825,458
£189,247 £244,041 £485,314 £485,314 £622,634
12.2% 15.0% 24.1% 24.1% 28.2%
£1,419,353 £1,830,309 £3,639,853 £3,639,853 £4,669,753
£1,247,957 £1,468,347 £2,448,090 £2,581,654 £3,159,694
18.5% 20.8% 28.3% 29.2% 32.5%
£1,497,548 £1,762,016 £2,937,708 £3,097,985 £3,791,633
£984,184 £1,171,386 £2,132,876 £2,298,241 £2,807,346
17.2% 19.5% 28.3% 29.5% 32.8%
£1,968,368 £2,342,772 £4,265,751 £4,596,482 £5,614,692
£2,965,209 £2,965,209 £4,936,642 £5,155,519 £6,302,175
20.1% 20.1% 27.4% 28.1% 31.2%
£1,779,125 £1,779,125 £2,961,985 £3,093,312 £3,781,305
£1,722,104 £2,068,691 £4,011,174 £4,436,768 £5,407,517
15.6% 17.8% 27.1% 28.6% 31.7%
£1,722,104 £2,068,691 £4,011,174 £4,436,768 £5,407,517
£5,063,379 £5,950,715 £9,806,087 £10,256,001 £12,565,638
17.8% 20.0% 27.1% 27.7% 30.9%
£1,519,014 £1,785,214 £2,941,826 £3,076,800 £3,769,692
£3,419,502 £4,119,653 £7,851,829 £8,520,620 £10,443,333
15.3% 17.6% 26.5% 27.7% 30.9%
£1,709,751 £2,059,827 £3,925,914 £4,260,310 £5,221,667
£18,537,346 £21,929,565 £36,718,931 £38,178,851 £46,987,245
16.4% 18.5% 25.5% 26.0% 29.1%
£1,390,301 £1,644,717 £2,753,920 £2,863,414 £3,524,043
£12,507,313 £15,166,023 £29,209,725 £32,012,772 £39,327,169
14.2% 16.4% 25.0% 26.3% 29.4%
£1,563,414 £1,895,753 £3,651,216 £4,001,596 £4,915,896
Average LV/ha with affordable £1,703,311 £2,002,093 £3,595,197 £3,843,156 £4,708,641
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 40% affordable
Affordable Rent 65% market rent. Shared Ownership 35% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£567,725 £664,053 £1,060,966 £1,080,887 £1,326,403
20.4% 22.7% 30.1% 30.4% 33.9%
£1,703,174 £1,992,160 £3,182,897 £3,242,661 £3,979,209
£412,654 £485,195 £868,205 £974,453 £1,185,881
18.6% 20.8% 29.9% 31.8% 35.1%
£2,063,268 £2,425,977 £4,341,027 £4,872,266 £5,929,407
£120,971 £171,851 £384,841 £384,841 £505,749
8.6% 11.6% 21.3% 21.3% 25.5%
£907,282 £1,288,880 £2,886,310 £2,886,310 £3,793,118
£1,328,623 £1,562,677 £2,510,209 £2,567,450 £3,163,239
18.8% 21.0% 28.1% 28.4% 31.9%
£1,594,348 £1,875,213 £3,012,250 £3,080,940 £3,795,887
£719,605 £892,532 £1,776,791 £1,954,877 £2,427,019
13.8% 16.3% 25.9% 27.4% 30.9%
£1,439,210 £1,785,064 £3,553,583 £3,909,754 £4,854,039
£2,363,775 £2,797,101 £4,620,544 £4,772,542 £5,887,126
17.2% 19.4% 26.5% 27.0% 30.3%
£1,418,265 £1,678,261 £2,772,326 £2,863,525 £3,532,276
£1,134,865 £1,457,258 £3,084,226 £3,363,902 £4,236,619
11.2% 13.7% 23.2% 24.5% 28.0%
£1,134,865 £1,457,258 £3,084,226 £3,363,902 £4,236,619
£4,558,899 £5,421,729 £8,891,260 £9,122,297 £11,318,243
16.7% 18.9% 25.8% 26.2% 29.6%
£1,367,670 £1,626,519 £2,667,378 £2,736,689 £3,395,473
£2,782,942 £3,444,340 £6,774,456 £7,370,288 £9,162,282
13.4% 15.8% 24.8% 26.1% 29.5%
£1,391,471 £1,722,170 £3,387,228 £3,685,144 £4,581,141
£15,826,418 £19,050,619 £31,936,698 £32,871,046 £41,075,263
14.9% 17.1% 23.9% 24.3% 27.6%
£1,186,981 £1,428,796 £2,395,252 £2,465,328 £3,080,645
£10,277,729 £12,808,928 £26,068,313 £28,801,284 £35,755,662
12.4% 14.7% 23.8% 25.2% 28.4%
£1,284,716 £1,601,116 £3,258,539 £3,600,160 £4,469,458
Average LV/ha with affordable £1,408,295 £1,716,492 £3,140,092 £3,336,971 £4,149,752
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App8A
Valuations at 10% affordable
Affordable Rent 65% market rent. Shared Ownership 40% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£831,405 £946,191 £1,472,232 £1,551,917 £1,855,925
24.2% 26.2% 33.2% 34.1% 37.1%
£2,494,216 £2,838,572 £4,416,695 £4,655,752 £5,567,776
£566,227 £650,067 £1,142,837 £1,315,489 £1,559,856
22.6% 24.7% 33.6% 36.0% 38.8%
£2,831,137 £3,250,335 £5,714,184 £6,577,446 £7,799,278
£279,663 £338,113 £607,987 £607,987 £757,902
16.2% 18.6% 27.1% 27.1% 30.8%
£2,097,470 £2,535,848 £4,559,905 £4,559,905 £5,684,267
£1,906,435 £2,177,988 £3,420,218 £3,598,303 £4,316,148
22.5% 24.5% 31.3% 32.1% 35.0%
£2,287,722 £2,613,586 £4,104,261 £4,317,964 £5,179,378
£1,264,270 £1,465,551 £2,565,853 £2,782,100 £3,340,539
20.2% 22.3% 30.7% 32.0% 34.9%
£2,528,539 £2,931,102 £5,131,707 £5,564,200 £6,681,079
£3,440,220 £3,953,584 £6,314,284 £6,618,280 £7,973,258
20.6% 22.5% 29.3% 30.0% 32.8%
£2,064,132 £2,372,150 £3,788,571 £3,970,968 £4,783,955
£2,302,840 £2,683,965 £4,864,594 £5,423,947 £6,506,114
18.5% 20.6% 29.1% 30.7% 33.5%
£2,302,840 £2,683,965 £4,864,594 £5,423,947 £6,506,114
£7,174,778 £8,227,863 £12,952,126 £13,493,239 £16,252,728
20.9% 22.8% 29.4% 30.0% 32.8%
£2,152,433 £2,468,359 £3,885,638 £4,047,972 £4,875,818
£4,665,601 £5,446,115 £9,997,221 £11,188,886 £13,418,256
18.4% 20.4% 29.1% 30.8% 33.6%
£2,332,800 £2,723,057 £4,998,611 £5,594,443 £6,709,128
£26,485,292 £30,500,398 £48,842,902 £51,108,698 £61,683,280
19.4% 21.3% 27.8% 28.5% 31.2%
£1,986,397 £2,287,530 £3,663,218 £3,833,152 £4,626,246
£16,775,614 £19,665,837 £35,798,484 £39,652,673 £47,779,648
17.1% 19.1% 27.3% 28.7% 31.5%
£2,096,952 £2,458,230 £4,474,811 £4,956,584 £5,972,456
Average LV/ha with affordable £2,288,604 £2,651,158 £4,509,290 £4,863,849 £5,853,227
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App8A
Valuations at 20% affordable
Affordable Rent 65% market rent. Shared Ownership 40% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£699,312 £802,901 £1,274,808 £1,367,775 £1,643,810
22.8% 24.9% 32.2% 33.4% 36.4%
£2,097,935 £2,408,704 £3,824,425 £4,103,325 £4,931,429
£484,600 £557,755 £1,021,611 £1,174,342 £1,401,649
20.9% 22.9% 32.5% 34.8% 37.7%
£2,423,002 £2,788,773 £5,108,055 £5,871,710 £7,008,245
£218,399 £270,341 £534,058 £534,058 £678,833
13.2% 15.6% 24.9% 24.9% 28.8%
£1,637,994 £2,027,556 £4,005,438 £4,005,438 £5,091,247
£1,651,584 £1,901,954 £3,064,244 £3,235,969 £3,899,966
21.3% 23.4% 30.6% 31.5% 34.5%
£1,981,901 £2,282,345 £3,677,092 £3,883,163 £4,679,960
£1,151,599 £1,351,273 £2,369,592 £2,573,119 £3,118,372
18.7% 20.9% 29.3% 30.6% 33.7%
£2,303,198 £2,702,546 £4,739,185 £5,146,237 £6,236,744
£2,935,164 £3,403,225 £5,589,414 £5,899,490 £7,141,025
19.4% 21.4% 28.6% 29.4% 32.3%
£1,761,098 £2,041,935 £3,353,648 £3,539,694 £4,284,615
£2,005,907 £2,372,156 £4,453,222 £4,933,536 £5,965,793
17.0% 19.1% 28.0% 29.6% 32.5%
£2,005,907 £2,372,156 £4,453,222 £4,933,536 £5,965,793
£5,962,446 £6,923,985 £11,136,126 £11,610,359 £14,116,606
19.2% 21.2% 28.0% 28.7% 31.7%
£1,788,734 £2,077,195 £3,340,838 £3,483,108 £4,234,982
£4,368,674 £5,129,681 £9,351,795 £10,415,781 £12,557,089
17.8% 19.9% 28.5% 30.1% 33.0%
£2,184,337 £2,564,841 £4,675,897 £5,207,890 £6,278,544
£23,460,379 £27,277,450 £44,132,910 £45,943,211 £55,899,059
18.3% 20.2% 26.8% 27.4% 30.3%
£1,759,528 £2,045,809 £3,309,968 £3,445,741 £4,192,429
£15,629,676 £18,475,661 £34,347,985 £38,266,410 £46,276,239
16.4% 18.4% 26.8% 28.4% 31.2%
£1,953,710 £2,309,458 £4,293,498 £4,783,301 £5,784,530
Average LV/ha with affordable £1,990,668 £2,329,211 £4,071,024 £4,400,286 £5,335,320
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App8A
Valuations at 30% affordable
Affordable Rent 65% market rent. Shared Ownership 40% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£561,516 £651,987 £1,114,522 £1,187,568 £1,432,745
21.2% 23.4% 31.9% 33.0% 36.2%
£1,684,547 £1,955,960 £3,343,567 £3,562,703 £4,298,234
£505,204 £588,781 £1,034,897 £1,141,144 £1,373,373
20.7% 23.0% 31.9% 33.5% 36.7%
£2,526,019 £2,943,906 £5,174,484 £5,705,722 £6,866,864
£193,183 £243,160 £490,049 £490,049 £627,843
12.4% 14.9% 24.3% 24.3% 28.3%
£1,448,870 £1,823,699 £3,675,368 £3,675,368 £4,708,823
£1,261,982 £1,483,073 £2,466,932 £2,600,496 £3,180,420
18.7% 20.9% 28.5% 29.3% 32.6%
£1,514,378 £1,779,687 £2,960,318 £3,120,595 £3,816,504
£998,940 £1,186,879 £2,153,113 £2,318,478 £2,829,606
17.4% 19.7% 28.5% 29.7% 32.9%
£1,997,880 £2,373,758 £4,306,225 £4,636,956 £5,659,213
£3,000,011 £3,000,011 £4,982,226 £5,201,103 £6,352,316
20.3% 20.3% 27.6% 28.2% 31.3%
£1,800,007 £1,800,007 £2,989,335 £3,120,662 £3,811,390
£1,751,014 £2,099,046 £4,051,198 £4,476,792 £5,451,542
15.8% 18.0% 27.2% 28.7% 31.8%
£1,751,014 £2,099,046 £4,051,198 £4,476,792 £5,451,542
£5,127,573 £6,018,118 £9,893,253 £10,343,167 £12,661,521
18.0% 20.1% 27.2% 27.9% 31.0%
£1,538,272 £1,805,436 £2,967,976 £3,102,950 £3,798,456
£3,480,773 £4,183,987 £7,933,990 £8,602,781 £10,533,712
15.5% 17.8% 26.7% 27.9% 31.0%
£1,740,387 £2,091,993 £3,966,995 £4,301,390 £5,266,856
£18,810,986 £22,216,880 £37,090,546 £38,550,466 £47,396,024
16.6% 18.7% 25.6% 26.2% 29.3%
£1,410,824 £1,666,266 £2,781,791 £2,891,285 £3,554,702
£12,747,835 £15,418,567 £29,527,304 £32,330,350 £39,676,514
14.4% 16.6% 25.2% 26.5% 29.5%
£1,593,479 £1,927,321 £3,690,913 £4,041,294 £4,959,564
Average LV/ha with affordable £1,727,789 £2,024,280 £3,628,015 £3,875,974 £4,744,741
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App8A
Valuations at 40% affordable
Affordable Rent 65% market rent. Shared Ownership 40% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£578,504 £675,371 £1,076,023 £1,095,944 £1,342,965
20.7% 23.0% 30.4% 30.7% 34.2%
£1,735,513 £2,026,114 £3,228,068 £3,287,832 £4,028,896
£418,100 £490,855 £875,734 £981,982 £1,194,162
18.8% 21.0% 30.0% 31.9% 35.3%
£2,090,498 £2,454,273 £4,378,670 £4,909,908 £5,970,812
£124,946 £174,265 £389,626 £389,626 £510,958
8.8% 11.7% 21.5% 21.5% 25.6%
£937,098 £1,306,984 £2,922,196 £2,922,196 £3,832,189
£1,352,973 £1,588,243 £2,543,472 £2,600,714 £3,199,829
19.0% 21.3% 28.3% 28.7% 32.1%
£1,623,567 £1,905,892 £3,052,166 £3,120,856 £3,839,794
£738,792 £912,678 £1,802,844 £1,980,929 £2,455,677
14.1% 16.6% 26.2% 27.6% 31.1%
£1,477,584 £1,825,356 £3,605,688 £3,961,859 £4,911,355
£2,408,189 £2,843,734 £4,682,580 £4,834,578 £5,955,364
17.5% 19.6% 26.8% 27.2% 30.5%
£1,444,913 £1,706,240 £2,809,548 £2,900,747 £3,573,218
£1,174,385 £1,498,755 £3,136,927 £3,416,603 £4,294,591
11.5% 14.0% 23.5% 24.7% 28.2%
£1,174,385 £1,498,755 £3,136,927 £3,416,603 £4,294,591
£4,651,831 £5,519,307 £9,014,224 £9,245,261 £11,453,507
17.0% 19.2% 26.1% 26.4% 29.8%
£1,395,549 £1,655,792 £2,704,267 £2,773,578 £3,436,052
£2,864,694 £3,530,178 £6,885,412 £7,481,244 £9,284,334
13.7% 16.1% 25.1% 26.3% 29.7%
£1,432,347 £1,765,089 £3,442,706 £3,740,622 £4,642,167
£16,186,613 £19,428,817 £32,413,813 £33,348,162 £41,600,102
15.2% 17.4% 24.2% 24.6% 27.9%
£1,213,996 £1,457,161 £2,431,036 £2,501,112 £3,120,008
£10,583,752 £13,130,246 £26,480,828 £29,213,798 £36,209,434
12.7% 15.0% 24.0% 25.4% 28.6%
£1,322,969 £1,641,281 £3,310,103 £3,651,725 £4,526,179
Average LV/ha with affordable £1,440,765 £1,749,358 £3,183,761 £3,380,640 £4,197,751
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 10% affordable
Affordable Rent 65% market rent. Shared Ownership 50% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£831,405 £946,191 £1,472,232 £1,551,917 £1,855,925
24.2% 26.2% 33.2% 34.1% 37.1%
£2,494,216 £2,838,572 £4,416,695 £4,655,752 £5,567,776
£566,227 £650,067 £1,142,837 £1,315,489 £1,559,856
22.6% 24.7% 33.6% 36.0% 38.8%
£2,831,137 £3,250,335 £5,714,184 £6,577,446 £7,799,278
£279,663 £338,113 £607,987 £607,987 £757,902
16.2% 18.6% 27.1% 27.1% 30.8%
£2,097,470 £2,535,848 £4,559,905 £4,559,905 £5,684,267
£1,916,759 £2,188,828 £3,434,640 £3,612,726 £4,332,013
22.6% 24.6% 31.4% 32.2% 35.1%
£2,300,110 £2,626,593 £4,121,568 £4,335,271 £5,198,416
£1,274,593 £1,476,391 £2,580,275 £2,796,522 £3,356,404
20.3% 22.4% 30.8% 32.1% 35.0%
£2,549,186 £2,952,781 £5,160,551 £5,593,044 £6,712,808
£3,468,427 £3,983,202 £6,352,975 £6,656,971 £8,015,819
20.7% 22.6% 29.4% 30.1% 32.9%
£2,081,056 £2,389,921 £3,811,785 £3,994,183 £4,809,491
£2,321,179 £2,703,221 £4,889,498 £5,448,851 £6,533,509
18.7% 20.7% 29.2% 30.8% 33.6%
£2,321,179 £2,703,221 £4,889,498 £5,448,851 £6,533,509
£7,224,120 £8,279,673 £13,021,059 £13,562,172 £16,328,555
21.0% 22.9% 29.4% 30.1% 32.9%
£2,167,236 £2,483,902 £3,906,318 £4,068,651 £4,898,566
£4,711,974 £5,494,810 £10,056,591 £11,248,256 £13,483,560
18.5% 20.5% 29.2% 30.9% 33.7%
£2,355,987 £2,747,405 £5,028,296 £5,624,128 £6,741,780
£26,684,417 £30,709,484 £49,116,279 £51,382,075 £61,983,997
19.5% 21.4% 27.9% 28.5% 31.3%
£2,001,331 £2,303,211 £3,683,721 £3,853,656 £4,648,800
£16,932,220 £19,830,283 £35,999,242 £39,853,431 £48,000,474
17.2% 19.2% 27.3% 28.8% 31.6%
£2,116,528 £2,478,785 £4,499,905 £4,981,679 £6,000,059
Average LV/ha with affordable £2,301,403 £2,664,598 £4,526,584 £4,881,142 £5,872,250
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 20% affordable
Affordable Rent 65% market rent. Shared Ownership 50% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£699,312 £802,901 £1,274,808 £1,367,775 £1,643,810
22.8% 24.9% 32.2% 33.4% 36.4%
£2,097,935 £2,408,704 £3,824,425 £4,103,325 £4,931,429
£484,600 £557,755 £1,021,611 £1,174,342 £1,401,649
20.9% 22.9% 32.5% 34.8% 37.7%
£2,423,002 £2,788,773 £5,108,055 £5,871,710 £7,008,245
£218,399 £270,341 £534,058 £534,058 £678,833
13.2% 15.6% 24.9% 24.9% 28.8%
£1,637,994 £2,027,556 £4,005,438 £4,005,438 £5,091,247
£1,672,231 £1,923,633 £3,093,088 £3,264,813 £3,931,695
21.5% 23.6% 30.8% 31.7% 34.7%
£2,006,677 £2,308,360 £3,711,705 £3,917,776 £4,718,035
£1,176,630 £1,377,557 £2,401,925 £2,605,451 £3,153,937
19.0% 21.2% 29.5% 30.8% 33.9%
£2,353,260 £2,755,114 £4,803,850 £5,210,903 £6,307,873
£2,974,638 £3,444,673 £5,644,560 £5,954,636 £7,201,687
19.6% 21.6% 28.7% 29.6% 32.5%
£1,784,783 £2,066,804 £3,386,736 £3,572,782 £4,321,012
£2,043,982 £2,412,136 £4,505,700 £4,986,013 £6,023,519
17.2% 19.4% 28.2% 29.8% 32.7%
£2,043,982 £2,412,136 £4,505,700 £4,986,013 £6,023,519
£6,049,775 £7,015,684 £11,253,087 £11,727,321 £14,245,263
19.4% 21.4% 28.2% 28.8% 31.8%
£1,814,933 £2,104,705 £3,375,926 £3,518,196 £4,273,579
£4,451,812 £5,216,979 £9,465,422 £10,529,408 £12,682,079
18.1% 20.2% 28.7% 30.3% 33.2%
£2,225,906 £2,608,489 £4,732,711 £5,264,704 £6,341,039
£23,798,063 £27,632,027 £44,599,357 £46,409,658 £56,412,155
18.5% 20.4% 27.0% 27.6% 30.5%
£1,784,855 £2,072,402 £3,344,952 £3,480,724 £4,230,912
£15,947,086 £18,808,957 £34,765,736 £38,684,161 £46,735,755
16.6% 18.7% 27.0% 28.6% 31.4%
£1,993,386 £2,351,120 £4,345,717 £4,835,520 £5,841,969
Average LV/ha with affordable £2,015,156 £2,354,924 £4,104,110 £4,433,372 £5,371,715
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 30% affordable
Affordable Rent 65% market rent. Shared Ownership 50% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£572,294 £663,304 £1,129,580 £1,202,625 £1,449,308
21.5% 23.7% 32.2% 33.2% 36.4%
£1,716,882 £1,989,912 £3,388,740 £3,607,876 £4,347,925
£515,982 £600,099 £1,049,954 £1,156,202 £1,389,936
21.0% 23.3% 32.2% 33.8% 36.9%
£2,579,910 £3,000,493 £5,249,772 £5,781,010 £6,949,682
£201,053 £251,258 £499,521 £499,521 £638,261
12.8% 15.3% 24.6% 24.6% 28.6%
£1,507,899 £1,884,432 £3,746,405 £3,746,405 £4,786,958
£1,290,026 £1,512,520 £2,504,615 £2,638,179 £3,221,871
19.0% 21.2% 28.7% 29.6% 32.8%
£1,548,031 £1,815,025 £3,005,538 £3,165,815 £3,866,246
£1,028,447 £1,217,863 £2,193,587 £2,358,953 £2,874,129
17.8% 20.1% 28.8% 30.0% 33.2%
£2,056,894 £2,435,725 £4,387,175 £4,717,905 £5,748,257
£2,626,616 £3,069,610 £5,073,394 £5,292,271 £6,452,602
18.6% 20.7% 27.9% 28.5% 31.6%
£1,575,970 £1,841,766 £3,044,036 £3,175,363 £3,871,561
£1,808,826 £2,159,750 £4,131,248 £4,556,843 £5,539,599
16.2% 18.4% 27.6% 29.0% 32.1%
£1,808,826 £2,159,750 £4,131,248 £4,556,843 £5,539,599
£5,255,943 £6,152,911 £10,067,584 £10,517,498 £12,853,285
18.3% 20.5% 27.5% 28.2% 31.3%
£1,576,783 £1,845,873 £3,020,275 £3,155,249 £3,855,985
£3,603,298 £4,312,642 £8,098,315 £8,767,106 £10,714,467
15.9% 18.2% 27.0% 28.2% 31.3%
£1,801,649 £2,156,321 £4,049,157 £4,383,553 £5,357,234
£19,358,201 £22,791,476 £37,833,785 £39,293,705 £48,213,585
17.0% 19.0% 25.9% 26.5% 29.6%
£1,451,865 £1,709,361 £2,837,534 £2,947,028 £3,616,019
£13,228,811 £15,923,616 £30,162,473 £32,965,520 £40,375,187
14.8% 17.0% 25.5% 26.8% 29.8%
£1,653,601 £1,990,452 £3,770,309 £4,120,690 £5,046,898
Average LV/ha with affordable £1,752,574 £2,075,374 £3,693,654 £3,941,612 £4,816,942
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 40% affordable
Affordable Rent 65% market rent. Shared Ownership 50% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£600,061 £698,006 £1,106,138 £1,126,059 £1,376,093
21.2% 23.5% 30.9% 31.2% 34.7%
£1,800,183 £2,094,018 £3,318,413 £3,378,178 £4,128,278
£428,990 £502,172 £890,792 £997,039 £1,210,726
19.2% 21.4% 30.3% 32.2% 35.5%
£2,144,951 £2,510,860 £4,453,958 £4,985,196 £6,053,630
£132,896 £182,529 £399,196 £399,196 £521,376
9.3% 12.2% 21.9% 21.9% 26.0%
£996,723 £1,368,969 £2,993,972 £2,993,972 £3,910,324
£1,401,664 £1,639,370 £2,609,999 £2,667,241 £3,273,009
19.5% 21.7% 28.8% 29.1% 32.5%
£1,681,996 £1,967,245 £3,131,999 £3,200,689 £3,927,610
£777,160 £952,966 £1,854,949 £2,033,034 £2,512,993
14.7% 17.2% 26.7% 28.1% 31.6%
£1,554,319 £1,905,931 £3,709,898 £4,066,069 £5,025,986
£2,497,004 £2,936,992 £4,806,659 £4,958,657 £6,091,853
18.0% 20.1% 27.2% 27.7% 30.9%
£1,498,203 £1,762,195 £2,883,995 £2,975,194 £3,655,112
£1,253,413 £1,581,737 £3,242,325 £3,522,001 £4,410,528
12.2% 14.6% 24.0% 25.2% 28.7%
£1,253,413 £1,581,737 £3,242,325 £3,522,001 £4,410,528
£4,837,669 £5,714,446 £9,260,155 £9,491,192 £11,724,026
17.5% 19.7% 26.5% 26.9% 30.2%
£1,451,301 £1,714,334 £2,778,046 £2,847,358 £3,517,208
£3,028,174 £3,701,837 £7,107,329 £7,703,161 £9,528,443
14.3% 16.7% 25.6% 26.8% 30.1%
£1,514,087 £1,850,919 £3,553,665 £3,851,581 £4,764,221
£16,906,899 £20,185,152 £33,368,063 £34,302,412 £42,649,759
15.7% 17.9% 24.6% 25.0% 28.3%
£1,268,017 £1,513,886 £2,502,605 £2,572,681 £3,198,732
£11,195,724 £13,772,841 £27,305,865 £30,038,835 £37,116,968
13.3% 15.6% 24.5% 25.9% 29.1%
£1,399,465 £1,721,605 £3,413,233 £3,754,854 £4,639,621
Average LV/ha with affordable £1,505,696 £1,817,427 £3,271,101 £3,467,979 £4,293,750
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 10% affordable
Affordable Rent 80% market rent. Shared Ownership 30% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£853,403 £969,288 £1,498,076 £1,577,762 £1,884,355
24.6% 26.7% 33.6% 34.4% 37.4%
£2,560,209 £2,907,863 £4,494,229 £4,733,286 £5,653,065
£585,605 £670,413 £1,165,383 £1,338,035 £1,584,656
23.1% 25.2% 34.0% 36.3% 39.1%
£2,928,023 £3,352,067 £5,826,914 £6,690,176 £7,923,282
£294,478 £353,669 £626,135 £626,135 £777,864
16.9% 19.3% 27.7% 27.7% 31.3%
£2,208,587 £2,652,520 £4,696,010 £4,696,010 £5,833,980
£1,938,250 £2,211,393 £3,455,304 £3,633,389 £4,354,744
22.8% 24.7% 31.5% 32.3% 35.2%
£2,325,900 £2,653,671 £4,146,365 £4,360,067 £5,225,693
£1,291,065 £1,493,686 £2,594,621 £2,810,868 £3,372,183
20.5% 22.6% 30.9% 32.2% 35.1%
£2,582,129 £2,987,373 £5,189,242 £5,621,735 £6,744,367
£3,500,719 £4,017,109 £6,378,809 £6,682,805 £8,044,235
20.8% 22.8% 29.4% 30.1% 33.0%
£2,100,431 £2,410,265 £3,827,285 £4,009,683 £4,826,541
£2,356,427 £2,740,232 £4,923,770 £5,483,123 £6,571,208
18.9% 20.9% 29.3% 30.9% 33.7%
£2,356,427 £2,740,232 £4,923,770 £5,483,123 £6,571,208
£7,279,363 £8,337,675 £13,063,439 £13,604,552 £16,375,174
21.1% 23.0% 29.5% 30.1% 33.0%
£2,183,809 £2,501,303 £3,919,032 £4,081,366 £4,912,552
£4,753,472 £5,538,380 £10,104,006 £11,295,670 £13,535,716
18.6% 20.7% 29.3% 31.0% 33.7%
£2,376,736 £2,769,190 £5,052,003 £5,647,835 £6,767,858
£26,883,976 £30,919,017 £49,253,320 £51,519,116 £62,134,745
19.6% 21.5% 27.9% 28.6% 31.4%
£2,016,298 £2,318,926 £3,693,999 £3,863,934 £4,660,106
£17,130,210 £20,038,168 £36,203,172 £40,057,360 £48,224,808
17.4% 19.4% 27.4% 28.9% 31.6%
£2,141,276 £2,504,771 £4,525,396 £5,007,170 £6,028,101
Average LV/ha with affordable £2,343,621 £2,708,926 £4,572,204 £4,926,762 £5,922,432
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 20% affordable
Affordable Rent 80% market rent. Shared Ownership 30% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£749,066 £855,144 £1,330,898 £1,423,864 £1,705,509
23.9% 26.0% 33.0% 34.1% 37.2%
£2,247,198 £2,565,431 £3,992,693 £4,271,593 £5,116,526
£520,979 £601,198 £1,070,001 £1,222,733 £1,454,879
22.0% 24.2% 33.4% 35.6% 38.5%
£2,604,896 £3,005,990 £5,350,007 £6,113,663 £7,274,397
£243,618 £301,453 £570,353 £570,353 £718,756
14.4% 17.0% 26.0% 26.0% 29.8%
£1,827,138 £2,260,900 £4,277,648 £4,277,648 £5,390,673
£1,712,704 £1,966,128 £3,131,256 £3,302,982 £3,973,682
21.9% 23.9% 31.0% 31.9% 34.9%
£2,055,245 £2,359,354 £3,757,508 £3,963,578 £4,768,418
£1,194,786 £1,396,620 £2,417,841 £2,621,368 £3,171,447
19.3% 21.4% 29.7% 30.9% 34.0%
£2,389,572 £2,793,239 £4,835,683 £5,242,735 £6,342,894
£3,062,561 £3,536,991 £5,729,116 £6,039,192 £7,294,699
20.0% 22.0% 29.0% 29.8% 32.7%
£1,837,536 £2,122,195 £3,437,470 £3,623,515 £4,376,819
£2,097,295 £2,468,112 £4,555,820 £5,036,133 £6,078,650
17.6% 19.7% 28.4% 29.9% 32.9%
£2,097,295 £2,468,112 £4,555,820 £5,036,133 £6,078,650
£6,207,414 £7,181,201 £11,409,863 £11,884,096 £14,417,721
19.8% 21.8% 28.5% 29.1% 32.1%
£1,862,224 £2,154,360 £3,422,959 £3,565,229 £4,325,316
£4,551,661 £5,321,817 £9,552,341 £10,616,327 £12,777,691
18.4% 20.4% 28.8% 30.4% 33.3%
£2,275,831 £2,660,908 £4,776,170 £5,308,163 £6,388,845
£24,344,572 £28,205,851 £45,087,238 £46,897,539 £56,948,831
18.8% 20.7% 27.2% 27.7% 30.6%
£1,825,843 £2,115,439 £3,381,543 £3,517,315 £4,271,162
£16,342,065 £19,223,679 £35,120,820 £39,039,245 £47,126,368
16.9% 19.0% 27.2% 28.7% 31.5%
£2,042,758 £2,402,960 £4,390,102 £4,879,906 £5,890,796
Average LV/ha with affordable £2,096,867 £2,446,263 £4,197,964 £4,527,225 £5,474,954
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 30% affordable
Affordable Rent 80% market rent. Shared Ownership 30% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£600,492 £692,912 £1,155,555 £1,228,600 £1,477,881
22.2% 24.4% 32.6% 33.6% 36.8%
£1,801,476 £2,078,735 £3,466,664 £3,685,800 £4,433,643
£544,180 £629,706 £1,075,929 £1,182,177 £1,418,509
21.8% 24.1% 32.6% 34.2% 37.3%
£2,720,900 £3,148,531 £5,379,646 £5,910,884 £7,092,544
£215,554 £266,175 £516,872 £516,872 £657,348
13.6% 16.0% 25.2% 25.2% 29.1%
£1,616,652 £1,996,310 £3,876,542 £3,876,542 £4,930,109
£1,361,846 £1,587,931 £2,575,669 £2,709,233 £3,300,033
19.8% 22.0% 29.2% 30.0% 33.3%
£1,634,216 £1,905,518 £3,090,803 £3,251,080 £3,960,039
£1,067,751 £1,259,130 £2,229,036 £2,394,401 £2,913,123
18.3% 20.6% 29.1% 30.2% 33.5%
£2,135,503 £2,518,259 £4,458,071 £4,788,802 £5,826,247
£3,153,461 £3,153,461 £5,133,735 £5,352,612 £6,518,979
21.0% 21.0% 28.1% 28.7% 31.8%
£1,892,076 £1,892,076 £3,080,241 £3,211,567 £3,911,388
£1,885,004 £2,239,734 £4,198,220 £4,623,814 £5,613,267
16.7% 18.9% 27.8% 29.3% 32.3%
£1,885,004 £2,239,734 £4,198,220 £4,623,814 £5,613,267
£5,459,534 £6,366,678 £10,242,036 £10,691,951 £13,045,189
18.9% 21.0% 27.8% 28.4% 31.5%
£1,637,860 £1,910,003 £3,072,611 £3,207,585 £3,913,557
£3,724,587 £4,439,989 £8,205,177 £8,873,968 £10,832,020
16.4% 18.6% 27.2% 28.4% 31.5%
£1,862,294 £2,219,994 £4,102,588 £4,436,984 £5,416,010
£19,991,789 £23,456,732 £38,337,748 £39,797,668 £48,767,961
17.4% 19.4% 26.2% 26.7% 29.7%
£1,499,384 £1,759,255 £2,875,331 £2,984,825 £3,657,597
£13,729,573 £16,449,402 £30,594,354 £33,397,401 £40,850,280
15.3% 17.4% 25.7% 27.0% 30.0%
£1,716,197 £2,056,175 £3,824,294 £4,174,675 £5,106,285
Average LV/ha with affordable £1,854,687 £2,156,781 £3,765,910 £4,013,869 £4,896,426
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 40% affordable
Affordable Rent 80% market rent. Shared Ownership 30% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£622,940 £722,028 £1,123,442 £1,143,364 £1,395,128
21.8% 24.1% 31.2% 31.5% 34.9%
£1,868,821 £2,166,083 £3,370,327 £3,430,091 £4,185,385
£479,709 £554,876 £942,611 £1,048,859 £1,267,728
20.8% 23.0% 31.4% 33.2% 36.4%
£2,398,543 £2,774,382 £4,713,054 £5,244,293 £6,338,640
£162,817 £213,631 £435,065 £435,065 £560,425
11.1% 13.9% 23.3% 23.3% 27.3%
£1,221,128 £1,602,232 £3,262,988 £3,262,988 £4,203,187
£1,463,291 £1,704,079 £2,656,548 £2,713,790 £3,324,213
20.1% 22.3% 29.1% 29.4% 32.8%
£1,755,950 £2,044,895 £3,187,857 £3,256,547 £3,989,056
£833,848 £1,012,486 £1,911,908 £2,089,994 £2,575,648
15.6% 18.0% 27.2% 28.6% 32.0%
£1,667,697 £2,024,972 £3,823,816 £4,179,988 £5,151,296
£2,620,508 £3,066,668 £4,904,396 £5,056,394 £6,199,363
18.6% 20.7% 27.5% 28.0% 31.2%
£1,572,305 £1,840,001 £2,942,638 £3,033,837 £3,719,618
£1,360,986 £1,694,687 £3,351,244 £3,630,920 £4,530,340
13.0% 15.5% 24.5% 25.7% 29.2%
£1,360,986 £1,694,687 £3,351,244 £3,630,920 £4,530,340
£5,047,156 £5,934,400 £9,436,910 £9,667,947 £11,918,472
18.0% 20.2% 26.8% 27.2% 30.5%
£1,514,147 £1,780,320 £2,831,073 £2,900,384 £3,575,541
£3,211,884 £3,894,727 £7,266,667 £7,862,499 £9,703,717
15.0% 17.3% 26.0% 27.1% 30.5%
£1,605,942 £1,947,363 £3,633,333 £3,931,249 £4,851,858
£17,747,472 £21,067,722 £34,085,428 £35,019,777 £43,438,907
16.3% 18.4% 25.0% 25.3% 28.6%
£1,331,060 £1,580,079 £2,556,407 £2,626,483 £3,257,918
£12,012,509 £14,630,449 £28,025,360 £30,758,330 £37,908,432
14.1% 16.3% 24.9% 26.3% 29.4%
£1,501,564 £1,828,806 £3,503,170 £3,844,791 £4,738,554
Average LV/ha with affordable £1,618,013 £1,934,893 £3,379,628 £3,576,506 £4,412,854
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 10% affordable
Affordable Rent 80% market rent. Shared Ownership 35% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£853,403 £969,288 £1,498,076 £1,577,762 £1,884,355
24.6% 26.7% 33.6% 34.4% 37.4%
£2,560,209 £2,907,863 £4,494,229 £4,733,286 £5,653,065
£585,605 £670,413 £1,165,383 £1,338,035 £1,584,656
23.1% 25.2% 34.0% 36.3% 39.1%
£2,928,023 £3,352,067 £5,826,914 £6,690,176 £7,923,282
£294,478 £353,669 £626,135 £626,135 £777,864
16.9% 19.3% 27.7% 27.7% 31.3%
£2,208,587 £2,652,520 £4,696,010 £4,696,010 £5,833,980
£1,943,411 £2,216,812 £3,462,514 £3,640,600 £4,362,676
22.8% 24.8% 31.5% 32.3% 35.2%
£2,332,093 £2,660,174 £4,155,017 £4,368,720 £5,235,211
£1,296,226 £1,499,106 £2,601,832 £2,818,078 £3,380,116
20.5% 22.6% 30.9% 32.2% 35.1%
£2,592,451 £2,998,211 £5,203,663 £5,636,157 £6,760,231
£3,514,822 £4,031,917 £6,398,153 £6,702,149 £8,065,515
20.9% 22.8% 29.5% 30.2% 33.0%
£2,108,893 £2,419,150 £3,838,892 £4,021,290 £4,839,309
£2,365,596 £2,749,860 £4,936,222 £5,495,575 £6,584,905
18.9% 20.9% 29.3% 31.0% 33.7%
£2,365,596 £2,749,860 £4,936,222 £5,495,575 £6,584,905
£7,304,030 £8,363,579 £13,097,904 £13,639,017 £16,413,088
21.2% 23.1% 29.5% 30.2% 33.0%
£2,191,209 £2,509,074 £3,929,371 £4,091,705 £4,923,926
£4,776,662 £5,562,728 £10,133,691 £11,325,355 £13,568,367
18.7% 20.7% 29.3% 31.0% 33.8%
£2,388,331 £2,781,364 £5,066,845 £5,662,678 £6,784,184
£26,983,533 £31,023,555 £49,390,001 £51,655,797 £62,285,099
19.7% 21.6% 28.0% 28.6% 31.4%
£2,023,765 £2,326,767 £3,704,250 £3,874,185 £4,671,382
£17,208,524 £20,120,391 £36,303,550 £40,157,739 £48,335,216
17.4% 19.4% 27.5% 29.0% 31.7%
£2,151,066 £2,515,049 £4,537,944 £5,019,717 £6,041,902
Average LV/ha with affordable £2,350,020 £2,715,645 £4,580,851 £4,935,409 £5,931,943
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 20% affordable
Affordable Rent 80% market rent. Shared Ownership 35% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£749,066 £855,144 £1,330,898 £1,705,509 £1,705,509
23.9% 26.0% 33.0% 37.2% 37.2%
£2,247,198 £2,565,431 £3,992,693 £5,116,526 £5,116,526
£520,979 £601,198 £1,070,001 £1,222,733 £1,454,879
22.0% 24.2% 33.4% 35.6% 38.5%
£2,604,896 £3,005,990 £5,350,007 £6,113,663 £7,274,397
£243,618 £301,453 £570,353 £570,353 £718,756
14.4% 17.0% 26.0% 26.0% 29.8%
£1,827,138 £2,260,900 £4,277,648 £4,277,648 £5,390,673
£1,723,026 £1,976,967 £3,145,678 £3,317,403 £3,989,546
22.0% 24.0% 31.1% 32.0% 34.9%
£2,067,631 £2,372,361 £3,774,813 £3,980,884 £4,787,455
£1,207,304 £1,409,762 £2,434,007 £2,637,534 £3,189,228
19.4% 21.6% 29.8% 31.0% 34.1%
£2,414,607 £2,819,523 £4,868,015 £5,275,067 £6,378,457
£3,082,294 £3,557,714 £5,756,688 £6,066,764 £7,325,030
20.1% 22.1% 29.1% 29.9% 32.8%
£1,849,377 £2,134,628 £3,454,013 £3,640,058 £4,395,018
£2,116,331 £2,488,101 £4,582,057 £5,062,371 £6,107,512
17.7% 19.8% 28.5% 30.0% 32.9%
£2,116,331 £2,488,101 £4,582,057 £5,062,371 £6,107,512
£6,251,080 £7,227,049 £11,468,341 £11,942,575 £14,482,047
19.9% 21.9% 28.5% 29.2% 32.1%
£1,875,324 £2,168,115 £3,440,502 £3,582,773 £4,344,614
£4,593,228 £5,365,464 £9,609,152 £10,673,138 £12,840,185
18.5% 20.6% 28.9% 30.5% 33.4%
£2,296,614 £2,682,732 £4,804,576 £5,336,569 £6,420,092
£24,513,406 £28,383,130 £45,320,454 £47,130,754 £57,205,374
18.9% 20.8% 27.3% 27.8% 30.7%
£1,838,505 £2,128,735 £3,399,034 £3,534,807 £4,290,403
£16,500,777 £19,390,323 £35,329,693 £39,248,118 £47,356,122
17.1% 19.1% 27.3% 28.8% 31.6%
£2,062,597 £2,423,790 £4,416,212 £4,906,015 £5,919,515
Average LV/ha with affordable £2,109,111 £2,459,119 £4,214,506 £4,620,580 £5,493,151
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 30% affordable
Affordable Rent 80% market rent. Shared Ownership 35% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£605,880 £698,570 £1,163,083 £1,236,128 £1,486,163
22.4% 24.6% 32.7% 33.8% 36.9%
£1,817,641 £2,095,710 £3,489,250 £3,708,385 £4,458,488
£549,568 £635,364 £1,083,458 £1,189,705 £1,426,791
22.0% 24.2% 32.8% 34.3% 37.4%
£2,747,842 £3,176,822 £5,417,288 £5,948,527 £7,133,953
£219,489 £270,224 £521,608 £521,608 £662,557
13.8% 16.2% 25.4% 25.4% 29.3%
£1,646,170 £2,026,677 £3,912,063 £3,912,063 £4,969,179
£1,375,869 £1,602,655 £2,594,509 £2,728,074 £3,320,757
19.9% 22.1% 29.4% 30.2% 33.4%
£1,651,043 £1,923,186 £3,113,411 £3,273,688 £3,984,908
£1,082,504 £1,274,620 £2,249,272 £2,414,637 £2,935,384
18.5% 20.8% 29.3% 30.4% 33.6%
£2,165,008 £2,549,241 £4,498,544 £4,829,274 £5,870,767
£3,108,203 £3,108,203 £5,179,317 £5,398,194 £6,569,121
20.8% 20.8% 28.2% 28.9% 31.9%
£1,864,922 £1,864,922 £3,107,590 £3,238,917 £3,941,472
£1,913,907 £2,270,084 £4,238,243 £4,663,837 £5,657,294
16.9% 19.1% 28.0% 29.4% 32.5%
£1,913,907 £2,270,084 £4,238,243 £4,663,837 £5,657,294
£5,523,719 £6,434,072 £10,329,197 £10,779,111 £13,141,067
19.0% 21.1% 27.9% 28.6% 31.7%
£1,657,116 £1,930,222 £3,098,759 £3,233,733 £3,942,320
£3,785,849 £4,504,314 £8,287,336 £8,956,127 £10,922,396
16.6% 18.8% 27.4% 28.6% 31.7%
£1,892,925 £2,252,157 £4,143,668 £4,478,064 £5,461,198
£20,265,395 £23,744,019 £38,709,356 £40,169,276 £49,176,732
17.6% 19.6% 26.3% 26.9% 29.9%
£1,519,905 £1,780,801 £2,903,202 £3,012,696 £3,688,255
£13,970,070 £16,701,920 £30,911,934 £33,714,980 £41,199,610
15.5% 17.6% 25.9% 27.1% 30.2%
£1,746,259 £2,087,740 £3,863,992 £4,214,373 £5,149,951
Average LV/ha with affordable £1,874,794 £2,177,960 £3,798,728 £4,046,687 £4,932,526
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 40% affordable
Affordable Rent 80% market rent. Shared Ownership 35% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£633,717 £733,344 £1,138,499 £1,158,421 £1,411,692
22.1% 24.3% 31.4% 31.7% 35.1%
£1,901,151 £2,200,032 £3,415,497 £3,475,262 £4,235,076
£480,152 £560,535 £950,139 £1,056,387 £1,276,010
20.8% 23.1% 31.5% 33.3% 36.6%
£2,400,758 £2,802,674 £4,750,697 £5,281,935 £6,380,049
£166,792 £217,763 £439,851 £439,851 £565,634
11.4% 14.1% 23.5% 23.5% 27.4%
£1,250,944 £1,633,224 £3,298,879 £3,298,879 £4,242,258
£1,487,636 £1,729,642 £2,689,809 £2,747,051 £3,360,802
20.4% 22.6% 29.3% 29.7% 33.0%
£1,785,163 £2,075,570 £3,227,771 £3,296,461 £4,032,962
£853,032 £1,032,629 £1,937,959 £2,116,045 £2,604,305
15.8% 18.3% 27.4% 28.8% 32.2%
£1,706,064 £2,065,258 £3,875,918 £4,232,090 £5,208,609
£2,664,909 £3,113,294 £4,966,433 £5,118,431 £6,267,607
18.8% 21.0% 27.8% 28.2% 31.4%
£1,598,945 £1,867,976 £2,979,860 £3,071,058 £3,760,564
£1,400,503 £1,736,177 £3,403,940 £3,683,616 £4,588,304
13.3% 15.7% 24.8% 25.9% 29.4%
£1,400,503 £1,736,177 £3,403,940 £3,683,616 £4,588,304
£5,140,080 £6,031,967 £9,559,872 £9,790,909 £12,053,726
18.3% 20.4% 27.1% 27.4% 30.7%
£1,542,024 £1,809,590 £2,867,962 £2,937,273 £3,616,118
£3,293,622 £3,980,553 £7,377,620 £7,973,452 £9,825,767
15.3% 17.6% 26.2% 27.4% 30.7%
£1,646,811 £1,990,277 £3,688,810 £3,986,726 £4,912,884
£18,107,626 £21,445,880 £34,562,543 £35,496,892 £43,963,725
16.6% 18.7% 25.2% 25.6% 28.8%
£1,358,072 £1,608,441 £2,592,191 £2,662,267 £3,297,279
£12,318,500 £14,951,735 £28,437,867 £31,170,837 £38,362,188
14.4% 16.6% 25.2% 26.5% 29.6%
£1,539,812 £1,868,967 £3,554,733 £3,896,355 £4,795,273
Average LV/ha with affordable £1,648,204 £1,968,926 £3,423,296 £3,620,175 £4,460,852
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 10% affordable
Affordable Rent 80% market rent. Shared Ownership 40% sale
Figures represent land value/% to GDV/land value per ha
Numbe
r of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£853,403 £969,288 £1,498,076 £1,577,762 £1,884,355
24.6% 26.7% 33.6% 34.4% 37.4%
£2,560,209 £2,907,863 £4,494,229 £4,733,286 £5,653,065
£585,605 £670,413 £1,165,383 £1,338,035 £1,584,656
23.1% 25.2% 34.0% 36.3% 39.1%
£2,928,023 £3,352,067 £5,826,914 £6,690,176 £7,923,282
£294,478 £353,669 £626,135 £626,135 £777,864
16.9% 19.3% 27.7% 27.7% 31.3%
£2,208,587 £2,652,520 £4,696,010 £4,696,010 £5,833,980
£1,948,573 £2,222,232 £3,469,725 £3,647,811 £4,370,608
22.9% 24.8% 31.6% 32.4% 35.3%
£2,338,288 £2,666,679 £4,163,670 £4,377,373 £5,244,729
£1,301,388 £1,504,526 £2,609,042 £2,825,289 £3,388,047
20.6% 22.7% 31.0% 32.3% 35.2%
£2,602,776 £3,009,052 £5,218,084 £5,650,578 £6,776,095
£3,528,927 £4,046,728 £6,417,499 £6,721,495 £8,086,794
20.9% 22.9% 29.5% 30.2% 33.1%
£2,117,356 £2,428,037 £3,850,499 £4,032,897 £4,852,077
£2,374,767 £2,759,489 £4,948,674 £5,508,027 £6,598,602
19.0% 21.0% 29.4% 31.0% 33.8%
£2,374,767 £2,759,489 £4,948,674 £5,508,027 £6,598,602
£7,328,705 £8,389,485 £13,132,369 £13,673,481 £16,450,998
21.2% 23.1% 29.6% 30.2% 33.0%
£2,198,611 £2,516,846 £3,939,711 £4,102,044 £4,935,299
£4,799,852 £5,587,077 £10,163,376 £11,355,040 £13,601,022
18.8% 20.8% 29.4% 31.1% 33.8%
£2,399,926 £2,793,539 £5,081,688 £5,677,520 £6,800,511
£27,083,110 £31,128,108 £49,526,687 £51,792,483 £62,435,451
19.7% 21.6% 28.0% 28.7% 31.4%
£2,031,233 £2,334,608 £3,714,502 £3,884,436 £4,682,659
£17,286,838 £20,202,622 £36,403,930 £40,258,118 £48,445,640
17.5% 19.5% 27.5% 29.0% 31.7%
£2,160,855 £2,525,328 £4,550,491 £5,032,265 £6,055,705
Average LV/ha with affordable£2,356,421 £2,722,366 £4,589,497 £4,944,056 £5,941,455
Land valuesEUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 20% affordable
Affordable Rent 80% market rent. Shared Ownership 40% sale
Figures represent land value/% to GDV/land value per ha
Numbe
r of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£749,066 £855,144 £1,330,898 £1,423,864 £1,705,509
23.9% 26.0% 33.0% 34.1% 37.2%
£2,247,198 £2,565,431 £3,992,693 £4,271,593 £5,116,526
£520,979 £601,198 £1,070,001 £1,222,733 £1,454,879
22.0% 24.2% 33.4% 35.6% 38.5%
£2,604,896 £3,005,990 £5,350,007 £6,113,663 £7,274,397
£243,618 £301,453 £570,353 £570,353 £718,756
14.4% 17.0% 26.0% 26.0% 29.8%
£1,827,138 £2,260,900 £4,277,648 £4,277,648 £5,390,673
£1,733,351 £1,987,808 £3,160,099 £3,331,824 £4,005,409
22.1% 24.1% 31.2% 32.0% 35.0%
£2,080,021 £2,385,369 £3,792,119 £3,998,189 £4,806,491
£1,219,821 £1,422,905 £2,450,174 £2,653,700 £3,207,013
19.6% 21.7% 29.9% 31.2% 34.2%
£2,439,642 £2,845,810 £4,900,348 £5,307,401 £6,414,026
£3,102,034 £3,578,439 £5,784,259 £6,094,335 £7,355,357
20.2% 22.2% 29.2% 30.0% 32.9%
£1,861,220 £2,147,064 £3,470,556 £3,656,601 £4,413,214
£2,135,371 £2,508,093 £4,608,295 £5,088,609 £6,136,374
17.8% 19.9% 28.6% 30.1% 33.0%
£2,135,371 £2,508,093 £4,608,295 £5,088,609 £6,136,374
£6,294,751 £7,272,904 £11,526,822 £12,001,055 £14,546,377
20.0% 22.0% 28.6% 29.2% 32.2%
£1,888,425 £2,181,871 £3,458,046 £3,600,317 £4,363,913
£4,634,803 £5,409,116 £9,665,964 £10,729,950 £12,902,677
18.6% 20.7% 29.0% 30.6% 33.5%
£2,317,402 £2,704,558 £4,832,982 £5,364,975 £6,451,339
£24,682,265 £28,560,426 £45,553,674 £47,363,975 £57,461,915
19.0% 20.9% 27.3% 27.9% 30.8%
£1,851,170 £2,142,032 £3,416,526 £3,552,298 £4,309,644
£16,659,504 £19,556,984 £35,538,563 £39,456,989 £47,585,887
17.2% 19.2% 27.4% 28.9% 31.7%
£2,082,438 £2,444,623 £4,442,320 £4,932,124 £5,948,236
Average LV/ha with affordable£2,121,357 £2,471,977 £4,231,049 £4,560,311 £5,511,348
Land valuesEUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 30% affordable
Affordable Rent 80% market rent. Shared Ownership 40% sale
Figures represent land value/% to GDV/land value per ha
Numbe
r of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£611,270 £704,229 £1,170,612 £1,243,657 £1,494,444
22.5% 24.7% 32.9% 33.9% 37.0%
£1,833,811 £2,112,687 £3,511,835 £3,730,971 £4,483,331
£554,958 £641,024 £1,090,986 £1,197,234 £1,435,072
22.2% 24.4% 32.9% 34.4% 37.5%
£2,774,791 £3,205,118 £5,454,930 £5,986,169 £7,175,358
£223,425 £274,272 £526,344 £526,344 £667,767
14.0% 16.4% 25.5% 25.5% 29.4%
£1,675,687 £2,057,043 £3,947,578 £3,947,578 £5,008,250
£1,389,894 £1,617,381 £2,613,351 £2,746,916 £3,341,483
20.1% 22.3% 29.5% 30.3% 33.5%
£1,667,873 £1,940,857 £3,136,022 £3,296,299 £4,009,780
£1,097,260 £1,290,114 £2,269,509 £2,434,874 £2,957,644
18.7% 20.9% 29.4% 30.5% 33.7%
£2,194,520 £2,580,227 £4,539,017 £4,869,748 £5,915,288
£3,223,060 £3,223,060 £5,224,900 £5,443,777 £6,619,262
21.4% 21.4% 28.4% 29.0% 32.1%
£1,933,836 £1,933,836 £3,134,940 £3,266,266 £3,971,557
£1,942,817 £2,300,439 £4,278,267 £4,703,861 £5,701,320
17.1% 19.3% 28.1% 29.6% 32.6%
£1,942,817 £2,300,439 £4,278,267 £4,703,861 £5,701,320
£5,587,913 £6,501,475 £10,194,829 £10,644,743 £12,993,262
19.2% 21.3% 27.7% 28.4% 31.5%
£1,676,374 £1,950,443 £3,058,449 £3,193,423 £3,897,978
£3,847,120 £4,568,648 £8,369,497 £9,038,288 £11,012,774
16.8% 19.0% 27.6% 28.7% 31.8%
£1,923,560 £2,284,324 £4,184,749 £4,519,144 £5,506,387
£20,539,035 £24,031,334 £39,080,971 £40,540,891 £49,585,511
17.7% 19.8% 26.5% 27.0% 30.0%
£1,540,428 £1,802,350 £2,931,073 £3,040,567 £3,718,913
£14,210,592 £16,954,464 £31,229,512 £34,032,558 £41,548,955
15.7% 17.8% 26.1% 27.3% 30.3%
£1,776,324 £2,119,308 £3,903,689 £4,254,070 £5,193,619
Average LV/ha with affordable£1,903,638 £2,207,876 £3,825,504 £4,073,463 £4,961,980
Land valuesEUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 40% affordable
Affordable Rent 80% market rent. Shared Ownership 40% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£644,497 £744,662 £1,153,556 £1,173,477 £1,428,254
22.3% 24.6% 31.7% 32.0% 35.4%
£1,933,491 £2,233,987 £3,460,668 £3,520,432 £4,284,762
£485,541 £566,194 £957,668 £1,063,915 £1,284,291
21.0% 23.3% 31.7% 33.4% 36.7%
£2,427,707 £2,830,969 £4,788,339 £5,319,577 £6,421,455
£170,768 £221,896 £444,635 £444,635 £570,844
11.6% 14.4% 23.6% 23.6% 27.6%
£1,280,759 £1,664,217 £3,334,764 £3,334,764 £4,281,328
£1,511,985 £1,755,208 £2,723,073 £2,780,314 £3,397,391
20.6% 22.8% 29.5% 29.9% 33.2%
£1,814,383 £2,106,250 £3,267,687 £3,336,377 £4,076,869
£872,219 £1,052,775 £1,964,012 £2,142,097 £2,632,962
16.1% 18.5% 27.7% 29.0% 32.4%
£1,744,438 £2,105,550 £3,928,023 £4,284,195 £5,265,925
£2,709,323 £3,159,926 £5,028,469 £5,180,467 £6,335,845
19.1% 21.2% 28.0% 28.4% 31.6%
£1,625,594 £1,895,956 £3,017,081 £3,108,280 £3,801,507
£1,440,023 £1,777,674 £3,456,641 £3,736,317 £4,646,276
13.6% 16.0% 25.0% 26.2% 29.6%
£1,440,023 £1,777,674 £3,456,641 £3,736,317 £4,646,276
£5,233,012 £6,129,545 £9,682,836 £9,913,873 £12,188,990
18.5% 20.7% 27.3% 27.6% 30.9%
£1,569,904 £1,838,864 £2,904,851 £2,974,162 £3,656,697
£3,375,374 £4,066,391 £7,488,576 £8,084,409 £9,947,819
15.6% 17.9% 26.5% 27.6% 30.9%
£1,687,687 £2,033,195 £3,744,288 £4,042,204 £4,973,910
£18,467,821 £21,824,078 £35,039,658 £35,974,007 £44,488,564
16.8% 18.9% 25.4% 25.8% 29.0%
£1,385,087 £1,636,806 £2,627,974 £2,698,051 £3,336,642
£12,624,522 £15,273,053 £28,850,381 £31,583,351 £38,815,960
14.6% 16.9% 25.4% 26.7% 29.8%
£1,578,065 £1,909,132 £3,606,298 £3,947,919 £4,851,995
Average LV/ha with affordable £1,680,649 £2,002,963 £3,466,965 £3,663,844 £4,508,851
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 10% affordable
Affordable Rent 80% market rent. Shared Ownership 50% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£853,403 £969,288 £1,498,076 £1,577,762 £1,884,355
24.6% 26.7% 33.6% 34.4% 37.4%
£2,560,209 £2,907,863 £4,494,229 £4,733,286 £5,653,065
£585,605 £670,413 £1,165,383 £1,338,035 £1,584,656
23.1% 25.2% 34.0% 36.3% 39.1%
£2,928,023 £3,352,067 £5,826,914 £6,690,176 £7,923,282
£294,478 £353,669 £626,135 £626,135 £777,864
16.9% 19.3% 27.7% 27.7% 31.3%
£2,208,587 £2,652,520 £4,696,010 £4,696,010 £5,833,980
£1,958,897 £2,233,072 £3,484,147 £3,662,233 £4,386,472
22.9% 24.9% 31.7% 32.5% 35.3%
£2,350,676 £2,679,686 £4,180,977 £4,394,679 £5,263,767
£1,311,711 £1,515,366 £2,623,464 £2,839,711 £3,403,912
20.7% 22.8% 31.1% 32.3% 35.3%
£2,623,423 £3,030,731 £5,246,929 £5,679,422 £6,807,824
£3,557,134 £4,076,346 £6,456,190 £6,760,186 £8,129,355
21.1% 23.0% 29.6% 30.3% 33.2%
£2,134,281 £2,445,808 £3,873,714 £4,056,111 £4,877,613
£2,393,106 £2,778,745 £4,973,579 £5,532,931 £6,625,997
19.1% 21.1% 29.5% 31.1% 33.8%
£2,393,106 £2,778,745 £4,973,579 £5,532,931 £6,625,997
£7,378,047 £8,441,295 £13,201,301 £13,742,414 £16,526,825
21.3% 23.2% 29.7% 30.3% 33.1%
£2,213,414 £2,532,389 £3,960,390 £4,122,724 £4,958,047
£4,846,225 £5,635,772 £10,222,745 £11,414,410 £13,666,327
18.9% 20.9% 29.5% 31.1% 33.9%
£2,423,113 £2,817,886 £5,111,373 £5,707,205 £6,833,163
£27,282,235 £31,337,195 £49,800,064 £52,065,860 £62,736,168
19.8% 21.7% 28.1% 28.8% 31.5%
£2,046,168 £2,350,290 £3,735,005 £3,904,939 £4,705,213
£17,443,444 £20,367,068 £36,604,688 £40,458,876 £48,666,465
17.6% 19.6% 27.6% 29.1% 31.8%
£2,180,431 £2,545,884 £4,575,586 £5,057,360 £6,083,308
Average LV/ha with affordable £2,369,221 £2,735,806 £4,606,791 £4,961,350 £5,960,478
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
100
30
50
25
30
50
400
30
50
50
30
50
App 8A
Valuations at 20% affordable
Affordable Rent 80% market rent. Shared Ownership 50% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£749,066 £855,144 £1,330,898 £1,423,864 £1,705,509
23.9% 26.0% 33.0% 34.1% 37.2%
£2,247,198 £2,565,431 £3,992,693 £4,271,593 £5,116,526
£520,979 £601,198 £1,070,001 £1,222,733 £1,454,879
22.0% 24.2% 33.4% 35.6% 38.5%
£2,604,896 £3,005,990 £5,350,007 £6,113,663 £7,274,397
£243,618 £301,453 £570,353 £570,353 £718,756
14.4% 17.0% 26.0% 26.0% 29.8%
£1,827,138 £2,260,900 £4,277,648 £4,277,648 £5,390,673
£1,753,997 £2,009,487 £3,188,943 £3,360,669 £4,037,138
22.3% 24.3% 31.4% 32.2% 35.2%
£2,104,797 £2,411,385 £3,826,732 £4,032,802 £4,844,566
£1,244,852 £1,449,189 £2,482,507 £2,686,033 £3,242,578
19.9% 22.0% 30.1% 31.4% 34.4%
£2,489,704 £2,898,379 £4,965,013 £5,372,066 £6,485,155
£3,141,507 £3,619,887 £5,839,405 £6,149,481 £7,416,019
20.4% 22.4% 29.3% 30.1% 33.0%
£1,884,904 £2,171,932 £3,503,643 £3,689,689 £4,449,611
£2,173,447 £2,548,073 £4,660,773 £5,141,086 £6,194,099
18.0% 20.1% 28.8% 30.3% 33.2%
£2,173,447 £2,548,073 £4,660,773 £5,141,086 £6,194,099
£6,382,080 £7,364,603 £11,643,783 £12,118,017 £14,675,033
20.2% 22.2% 28.8% 29.4% 32.4%
£1,914,624 £2,209,381 £3,493,135 £3,635,405 £4,402,510
£4,717,941 £5,496,414 £9,779,591 £10,843,577 £13,027,667
18.9% 20.9% 29.2% 30.8% 33.7%
£2,358,971 £2,748,207 £4,889,795 £5,421,788 £6,513,834
£25,019,948 £28,915,004 £46,020,122 £47,830,422 £57,975,011
19.1% 21.1% 27.5% 28.1% 30.9%
£1,876,496 £2,168,625 £3,451,509 £3,587,282 £4,348,126
£16,976,913 £19,890,280 £35,956,314 £39,874,740 £48,045,403
17.4% 19.4% 27.6% 29.1% 31.9%
£2,122,114 £2,486,285 £4,494,539 £4,984,342 £6,005,675
Average LV/ha with affordable £2,145,844 £2,497,690 £4,264,135 £4,593,397 £5,547,743
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
400
30
50
100
30
50
4
30
50
75
50
30
50
25
30
50
1
30
10
30
50
75
App 8A
Valuations at 30% affordable
Affordable Rent 80% market rent. Shared Ownership 50% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£622,048 £715,546 £1,185,669 £1,258,715 £1,511,007
22.8% 25.0% 33.1% 34.1% 37.2%
£1,866,145 £2,146,639 £3,557,008 £3,776,144 £4,533,022
£565,736 £652,341 £1,106,044 £1,212,291 £1,451,635
22.5% 24.7% 33.2% 34.7% 37.7%
£2,828,682 £3,261,704 £5,530,219 £6,061,457 £7,258,177
£231,295 £282,370 £535,815 £535,815 £678,185
14.4% 16.7% 25.8% 25.8% 29.7%
£1,734,716 £2,117,776 £4,018,615 £4,018,615 £5,086,385
£1,417,938 £1,646,829 £2,651,034 £2,784,599 £3,382,934
20.4% 22.5% 29.8% 30.5% 33.7%
£1,701,526 £1,976,194 £3,181,241 £3,341,518 £4,059,521
£1,126,767 £1,321,097 £2,309,983 £2,475,349 £3,002,166
19.1% 21.3% 29.8% 30.8% 34.0%
£2,253,534 £2,642,194 £4,619,967 £4,950,697 £6,004,333
£2,839,043 £3,292,658 £5,316,069 £5,534,946 £6,719,548
19.6% 21.7% 28.7% 29.3% 32.3%
£1,703,426 £1,975,595 £3,189,641 £3,320,968 £4,031,729
£2,000,629 £2,361,143 £4,358,317 £4,783,912 £5,789,376
17.5% 19.6% 28.5% 29.9% 32.9%
£2,000,629 £2,361,143 £4,358,317 £4,783,912 £5,789,376
£5,716,283 £6,636,268 £10,590,694 £11,040,608 £13,428,713
19.5% 21.6% 28.4% 29.0% 32.1%
£1,714,885 £1,990,880 £3,177,208 £3,312,182 £4,028,614
£3,969,645 £4,697,303 £8,533,822 £9,202,613 £11,193,529
17.2% 19.4% 27.9% 29.0% 32.1%
£1,984,822 £2,348,651 £4,266,911 £4,601,307 £5,596,765
£21,086,250 £24,605,930 £39,824,210 £41,284,130 £50,403,072
18.1% 20.1% 26.8% 27.3% 30.3%
£1,581,469 £1,845,445 £2,986,816 £3,096,310 £3,780,230
£14,691,569 £17,459,513 £31,864,682 £34,667,728 £42,247,628
16.1% 18.2% 26.4% 27.6% 30.6%
£1,836,446 £2,182,439 £3,983,085 £4,333,466 £5,280,953
Average LV/ha with affordable £1,927,844 £2,258,969 £3,897,184 £4,145,143 £5,040,828
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
100
30
50
25
30
50
400
30
50
50
30
50
App 8A
Valuations at 40% affordable
Affordable Rent 80% market rent. Shared Ownership 50% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£666,053 £767,297 £1,183,671 £1,203,593 £1,461,381
22.9% 25.1% 32.2% 32.5% 35.8%
£1,998,160 £2,301,891 £3,551,014 £3,610,778 £4,384,144
£496,320 £577,511 £972,725 £1,078,973 £1,300,855
21.3% 23.6% 32.0% 33.7% 36.9%
£2,481,598 £2,887,556 £4,863,627 £5,394,865 £6,504,273
£176,931 £230,160 £454,205 £454,205 £581,262
11.9% 14.8% 24.0% 24.0% 27.9%
£1,326,981 £1,726,202 £3,406,541 £3,406,541 £4,359,463
£1,560,677 £1,806,335 £2,789,600 £2,846,842 £3,470,571
21.1% 23.3% 30.0% 30.3% 33.6%
£1,872,812 £2,167,602 £3,347,520 £3,416,210 £4,164,686
£910,587 £1,093,062 £2,016,117 £2,194,202 £2,690,278
16.7% 19.1% 28.1% 29.4% 32.8%
£1,821,174 £2,186,125 £4,032,234 £4,388,405 £5,380,556
£2,798,138 £3,253,184 £5,152,548 £5,304,546 £6,472,334
19.5% 21.6% 28.4% 28.8% 32.0%
£1,678,883 £1,951,911 £3,091,529 £3,182,728 £3,883,400
£1,519,051 £1,860,656 £3,562,039 £3,841,715 £4,762,213
14.2% 16.6% 25.5% 26.6% 30.0%
£1,519,051 £1,860,656 £3,562,039 £3,841,715 £4,762,213
£5,418,850 £6,324,684 £9,928,767 £10,159,804 £12,459,509
19.0% 21.1% 27.7% 28.0% 31.3%
£1,625,655 £1,897,405 £2,978,630 £3,047,941 £3,737,853
£3,538,854 £4,238,051 £7,710,493 £8,306,326 £10,191,927
16.2% 18.5% 27.0% 28.1% 31.3%
£1,769,427 £2,119,025 £3,855,247 £4,153,163 £5,095,964
£19,188,108 £22,580,413 £35,993,908 £36,928,257 £45,538,221
17.3% 19.4% 25.8% 26.2% 29.4%
£1,439,108 £1,693,531 £2,699,543 £2,769,619 £3,415,367
£13,236,494 £15,915,648 £29,675,419 £32,408,389 £39,723,494
15.2% 17.4% 25.8% 27.1% 30.2%
£1,654,562 £1,989,456 £3,709,427 £4,051,049 £4,965,437
Average LV/ha with affordable £1,744,310 £2,071,033 £3,554,305 £3,751,183 £4,604,850
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
400
30
50
100
30
50
4
30
50
75
50
30
50
25
30
50
1
30
10
30
50
75
App 8A
Valuations at 10% affordable
Social Rent. Shared Ownership 30% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£806,332 £919,864 £1,433,255 £1,512,941 £1,813,052
23.7% 25.7% 32.7% 33.6% 36.6%
£2,418,997 £2,759,593 £4,299,766 £4,538,824 £5,439,156
£556,789 £640,157 £1,118,629 £1,291,282 £1,533,227
22.3% 24.4% 33.2% 35.6% 38.4%
£2,783,944 £3,200,784 £5,593,147 £6,456,409 £7,666,136
£277,811 £336,169 £593,967 £593,967 £742,480
16.1% 18.6% 26.7% 26.7% 30.4%
£2,083,583 £2,521,266 £4,454,754 £4,454,754 £5,568,597
£1,848,082 £2,116,718 £3,331,134 £3,509,220 £4,218,157
22.0% 24.0% 30.8% 31.7% 34.6%
£2,217,699 £2,540,062 £3,997,361 £4,211,064 £5,061,788
£1,235,866 £1,435,727 £2,505,061 £2,721,307 £3,273,666
19.8% 21.9% 30.3% 31.6% 34.5%
£2,471,732 £2,871,455 £5,010,121 £5,442,615 £6,547,333
£3,368,803 £3,878,597 £6,164,775 £6,468,771 £7,808,796
20.3% 22.2% 28.8% 29.6% 32.5%
£2,021,282 £2,327,158 £3,698,865 £3,881,263 £4,685,278
£2,266,601 £2,645,914 £4,772,560 £5,331,912 £6,404,876
18.3% 20.4% 28.8% 30.4% 33.2%
£2,266,601 £2,645,914 £4,772,560 £5,331,912 £6,404,876
£6,984,728 £8,028,312 £12,638,275 £13,179,387 £15,907,491
20.5% 22.4% 28.9% 29.6% 32.4%
£2,095,418 £2,408,494 £3,791,482 £3,953,816 £4,772,247
£4,602,443 £5,379,799 £9,809,485 £11,001,150 £13,211,743
18.2% 20.2% 28.8% 30.5% 33.3%
£2,301,221 £2,689,900 £4,904,743 £5,500,575 £6,605,871
£25,650,043 £29,623,396 £47,615,320 £49,881,116 £60,332,935
19.0% 20.9% 27.4% 28.1% 30.8%
£1,923,753 £2,221,755 £3,571,149 £3,741,084 £4,524,970
£16,426,487 £19,299,261 £35,047,897 £38,902,085 £46,954,002
16.8% 18.9% 26.9% 28.4% 31.2%
£2,053,311 £2,412,408 £4,380,987 £4,862,761 £5,869,250
Average LV/ha with affordable £2,239,776 £2,599,890 £4,406,812 £4,761,370 £5,740,500
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 20% affordable
Social rent. Shared Ownership 30% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£633,228 £733,515 £1,188,922 £1,281,889 £1,549,335
21.2% 23.4% 30.9% 32.1% 35.3%
£1,899,684 £2,200,544 £3,566,767 £3,845,667 £4,648,005
£449,729 £521,518 £958,427 £1,111,158 £1,332,147
19.8% 21.9% 31.3% 33.7% 36.8%
£2,248,646 £2,607,590 £4,792,136 £5,555,791 £6,660,735
£214,620 £266,452 £506,018 £506,018 £647,988
13.0% 15.4% 24.0% 24.0% 27.9%
£1,609,648 £1,998,391 £3,795,135 £3,795,135 £4,859,908
£1,549,853 £1,795,137 £2,900,222 £3,071,947 £3,719,542
20.4% 22.5% 29.6% 30.6% 33.6%
£1,859,824 £2,154,165 £3,480,266 £3,686,336 £4,463,451
£1,077,335 £1,273,297 £2,243,956 £2,447,482 £2,980,173
17.8% 20.1% 28.3% 29.7% 32.9%
£2,154,670 £2,546,594 £4,487,912 £4,894,965 £5,960,346
£2,774,970 £3,235,023 £5,294,229 £5,604,304 £6,816,320
18.6% 20.7% 27.6% 28.5% 31.5%
£1,664,982 £1,941,014 £3,176,537 £3,362,583 £4,089,792
£1,897,923 £2,258,772 £4,233,700 £4,714,014 £5,724,317
16.3% 18.4% 27.2% 28.8% 31.8%
£1,897,923 £2,258,772 £4,233,700 £4,714,014 £5,724,317
£5,604,652 £6,548,307 £10,517,171 £10,991,405 £13,435,756
18.3% 20.4% 27.1% 27.7% 30.8%
£1,681,396 £1,964,492 £3,155,151 £3,297,421 £4,030,727
£4,121,891 £4,870,561 £8,887,609 £9,951,595 £12,046,483
17.0% 19.2% 27.6% 29.3% 32.3%
£2,060,946 £2,435,281 £4,443,804 £4,975,797 £6,023,241
£21,958,324 £25,700,311 £41,770,721 £43,581,022 £53,300,645
17.4% 19.4% 25.9% 26.5% 29.5%
£1,646,874 £1,927,523 £3,132,804 £3,268,577 £3,997,548
£14,461,274 £17,248,859 £32,458,824 £36,377,249 £44,198,158
15.4% 17.5% 25.9% 27.6% 30.4%
£1,807,659 £2,156,107 £4,057,353 £4,547,156 £5,524,770
Average LV/ha with affordable £1,866,568 £2,199,134 £3,847,415 £4,176,677 £5,089,349
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 30% affordable
Social rent. Shared Ownership 30% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£484,654 £571,283 £1,013,579 £1,086,625 £1,321,707
19.0% 21.3% 30.2% 31.3% 34.6%
£1,453,962 £1,713,848 £3,040,738 £3,259,874 £3,965,122
£432,804 £508,077 £933,954 £1,040,202 £1,262,335
18.5% 20.6% 30.0% 31.7% 35.0%
£2,164,019 £2,540,386 £4,669,770 £5,201,008 £6,311,676
£181,532 £235,940 £457,251 £457,251 £586,579
11.8% 14.5% 23.2% 23.2% 27.1%
£1,361,489 £1,769,550 £3,429,384 £3,429,384 £4,399,344
£1,096,550 £1,309,372 £2,228,114 £2,361,678 £2,917,720
16.8% 19.1% 26.7% 27.6% 31.0%
£1,315,860 £1,571,247 £2,673,736 £2,834,013 £3,501,264
£871,617 £1,053,191 £1,949,886 £2,115,252 £2,606,058
15.7% 18.0% 26.8% 28.0% 31.4%
£1,743,234 £2,106,382 £3,899,773 £4,230,503 £5,212,116
£2,249,337 £2,673,468 £4,539,453 £4,758,330 £5,865,265
16.5% 18.7% 26.0% 26.7% 29.9%
£1,349,602 £1,604,081 £2,723,672 £2,854,998 £3,519,159
£1,561,774 £1,900,345 £3,701,241 £4,126,835 £5,066,587
14.4% 16.7% 25.7% 27.3% 30.5%
£1,561,774 £1,900,345 £3,701,241 £4,126,835 £5,066,587
£4,429,000 £5,284,627 £8,938,453 £9,388,367 £11,611,241
16.1% 18.3% 25.5% 26.2% 29.5%
£1,328,700 £1,585,388 £2,681,536 £2,816,510 £3,483,372
£3,082,363 £3,765,660 £7,234,296 £7,903,087 £9,764,047
14.1% 16.4% 25.1% 26.4% 29.7%
£1,541,182 £1,882,830 £3,617,148 £3,951,544 £4,882,024
£16,579,480 £19,873,832 £33,703,530 £35,163,450 £43,670,297
15.1% 17.2% 24.1% 24.7% 27.9%
£1,243,461 £1,490,537 £2,527,765 £2,637,259 £3,275,272
£11,259,521 £13,855,860 £26,993,020 £29,796,067 £36,888,796
13.0% 15.3% 23.7% 25.1% 28.3%
£1,407,440 £1,731,983 £3,374,128 £3,724,508 £4,611,100
Average LV/ha with affordable £1,497,339 £1,808,780 £3,303,535 £3,551,494 £4,384,276
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 40% affordable
Social rent. Shared Ownership 30% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£481,729 £573,757 £928,980 £948,901 £1,181,219
18.0% 20.4% 27.7% 28.0% 31.7%
£1,445,186 £1,721,272 £2,786,940 £2,846,704 £3,543,657
£315,103 £387,822 £735,815 £842,062 £1,040,251
15.0% 17.6% 26.9% 29.0% 32.6%
£1,575,515 £1,939,112 £3,679,074 £4,210,312 £5,201,257
£111,269 £161,663 £337,557 £337,557 £459,004
8.0% 11.0% 19.3% 19.3% 23.9%
£834,518 £1,212,474 £2,531,679 £2,531,679 £3,442,530
£1,120,330 £1,343,972 £2,221,124 £2,278,366 £2,845,244
16.5% 18.8% 26.0% 26.4% 29.9%
£1,344,396 £1,612,766 £2,665,349 £2,734,039 £3,414,293
£619,601 £787,528 £1,571,605 £1,749,690 £2,201,313
12.2% 14.8% 23.9% 25.5% 29.2%
£1,239,202 £1,575,057 £3,143,209 £3,499,380 £4,402,627
£2,031,452 £2,448,164 £4,096,080 £4,248,078 £5,310,210
15.3% 17.6% 24.6% 25.1% 28.5%
£1,218,871 £1,468,898 £2,457,648 £2,548,847 £3,186,126
£975,133 £1,289,542 £2,707,449 £2,987,125 £3,822,163
9.8% 12.4% 21.2% 22.6% 26.3%
£975,133 £1,289,542 £2,707,449 £2,987,125 £3,822,163
£3,821,529 £4,647,503 £7,806,638 £8,037,675 £10,125,164
14.5% 16.8% 23.7% 24.2% 27.7%
£1,146,459 £1,394,251 £2,341,991 £2,411,303 £3,037,549
£2,427,862 £3,071,507 £6,033,110 £6,628,942 £8,346,799
11.9% 14.4% 23.0% 24.3% 27.8%
£1,213,931 £1,535,754 £3,016,555 £3,314,471 £4,173,400
£12,918,113 £15,996,939 £27,726,366 £28,660,715 £36,443,907
12.7% 15.0% 21.8% 22.2% 25.7%
£968,858 £1,199,770 £2,079,477 £2,149,554 £2,733,293
£8,298,442 £10,730,702 £22,813,160 £25,546,130 £32,174,990
10.4% 12.8% 21.7% 23.3% 26.7%
£1,037,305 £1,341,338 £2,851,645 £3,193,266 £4,021,874
Average LV/ha with affordable £1,181,761 £1,480,930 £2,751,002 £2,947,880 £3,725,342
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 10% affordable
Social Rent. Shared Ownership 35% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£806,332 £919,864 £1,433,255 £1,512,941 £1,813,052
23.7% 25.7% 32.7% 33.6% 36.6%
£2,418,997 £2,759,593 £4,299,766 £4,538,824 £5,439,156
£556,789 £640,157 £1,118,629 £1,291,282 £1,533,227
22.3% 24.4% 33.2% 35.6% 38.4%
£2,783,944 £3,200,784 £5,593,147 £6,456,409 £7,666,136
£277,811 £336,169 £593,967 £593,967 £742,480
16.1% 18.6% 26.7% 26.7% 30.4%
£2,083,583 £2,521,266 £4,454,754 £4,454,754 £5,568,597
£1,853,243 £2,122,137 £3,338,345 £3,516,430 £4,226,089
22.1% 24.1% 30.9% 31.7% 34.6%
£2,223,892 £2,546,565 £4,006,014 £4,219,716 £5,071,307
£1,241,027 £1,441,147 £2,512,271 £2,728,518 £3,281,599
19.9% 22.0% 30.3% 31.6% 34.6%
£2,482,053 £2,882,293 £5,024,543 £5,457,036 £6,563,197
£3,382,906 £3,893,405 £6,184,120 £6,488,116 £7,830,076
20.3% 22.3% 28.9% 29.6% 32.5%
£2,029,743 £2,336,043 £3,710,472 £3,892,869 £4,698,045
£2,275,770 £2,655,542 £4,785,011 £5,344,364 £6,418,572
18.4% 20.4% 28.8% 30.5% 33.3%
£2,275,770 £2,655,542 £4,785,011 £5,344,364 £6,418,572
£7,009,395 £8,054,215 £12,672,739 £13,213,852 £15,945,404
20.5% 22.5% 29.0% 29.6% 32.5%
£2,102,819 £2,416,265 £3,801,822 £3,964,156 £4,783,621
£4,625,633 £5,404,147 £9,839,170 £11,030,834 £13,244,394
18.2% 20.3% 28.8% 30.5% 33.3%
£2,312,816 £2,702,073 £4,919,585 £5,515,417 £6,622,197
£25,749,600 £29,727,934 £47,752,001 £50,017,797 £60,483,289
19.0% 20.9% 27.4% 28.1% 30.9%
£1,931,220 £2,229,595 £3,581,400 £3,751,335 £4,536,247
£16,504,801 £19,381,484 £35,148,275 £39,002,464 £47,064,411
16.9% 18.9% 27.0% 28.5% 31.2%
£2,063,100 £2,422,685 £4,393,534 £4,875,308 £5,883,051
Average LV/ha with affordable £2,246,176 £2,606,610 £4,415,459 £4,770,017 £5,750,012
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 20% affordable
Social rent. Shared Ownership 35% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£633,228 £733,515 £1,188,922 £1,281,889 £1,549,335
21.2% 23.4% 30.9% 32.1% 35.3%
£1,899,684 £2,200,544 £3,566,767 £3,845,667 £4,648,005
£449,729 £521,518 £958,427 £1,111,158 £1,332,147
19.8% 21.9% 31.3% 33.7% 36.8%
£2,248,646 £2,607,590 £4,792,136 £5,555,791 £6,660,735
£214,620 £266,452 £506,018 £506,018 £647,988
13.0% 15.4% 24.0% 24.0% 27.9%
£1,609,648 £1,998,391 £3,795,135 £3,795,135 £4,859,908
£1,560,175 £1,805,976 £2,914,643 £3,086,368 £3,735,407
20.5% 22.6% 29.7% 30.6% 33.7%
£1,872,210 £2,167,171 £3,497,572 £3,703,642 £4,482,488
£1,089,852 £1,286,439 £2,260,122 £2,463,648 £2,997,954
18.0% 20.2% 28.5% 29.8% 33.0%
£2,179,704 £2,572,878 £4,520,244 £4,927,297 £5,995,909
£2,794,704 £3,255,746 £5,321,800 £5,631,876 £6,846,651
18.7% 20.8% 27.7% 28.6% 31.6%
£1,676,822 £1,953,447 £3,193,080 £3,379,126 £4,107,990
£1,916,959 £2,278,761 £4,259,937 £4,740,251 £5,753,179
16.4% 18.6% 27.3% 28.9% 31.9%
£1,916,959 £2,278,761 £4,259,937 £4,740,251 £5,753,179
£5,648,318 £6,594,155 £10,575,650 £11,049,883 £13,500,082
18.4% 20.5% 27.2% 27.8% 30.9%
£1,694,495 £1,978,247 £3,172,695 £3,314,965 £4,050,025
£4,163,458 £4,914,208 £8,944,420 £10,008,406 £12,108,977
17.2% 19.3% 27.7% 29.4% 32.4%
£2,081,729 £2,457,104 £4,472,210 £5,004,203 £6,054,488
£22,127,158 £25,877,590 £42,003,936 £43,814,237 £53,557,188
17.5% 19.5% 26.0% 26.6% 29.6%
£1,659,537 £1,940,819 £3,150,295 £3,286,068 £4,016,789
£14,619,985 £17,415,503 £32,667,697 £36,586,122 £44,427,912
15.5% 17.6% 26.0% 27.7% 30.5%
£1,827,498 £2,176,938 £4,083,462 £4,573,265 £5,553,489
Average LV/ha with affordable £1,878,812 £2,211,990 £3,863,958 £4,193,219 £5,107,546
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 30% affordable
Social rent. Shared Ownership 35% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£490,042 £576,941 £1,021,108 £1,094,153 £1,329,989
19.2% 21.5% 30.3% 31.4% 34.7%
£1,470,127 £1,730,823 £3,063,324 £3,282,460 £3,989,967
£438,248 £513,735 £941,482 £1,047,730 £1,270,617
18.6% 20.8% 30.1% 31.9% 35.1%
£2,191,242 £2,568,677 £4,707,412 £5,238,650 £6,353,085
£185,468 £240,072 £462,037 £462,037 £591,789
12.0% 14.8% 23.4% 23.4% 27.2%
£1,391,007 £1,800,542 £3,465,275 £3,465,275 £4,438,414
£1,110,573 £1,324,096 £2,246,954 £2,380,518 £2,938,444
17.0% 19.3% 26.8% 27.7% 31.1%
£1,332,688 £1,588,915 £2,696,345 £2,856,622 £3,526,132
£886,370 £1,068,682 £1,970,123 £2,135,488 £2,628,319
15.9% 18.2% 26.9% 28.2% 31.6%
£1,772,739 £2,137,364 £3,940,245 £4,270,976 £5,256,637
£2,395,122 £2,826,542 £4,585,035 £4,803,912 £5,915,407
17.3% 19.5% 26.2% 26.9% 30.1%
£1,437,073 £1,695,925 £2,751,021 £2,882,347 £3,549,244
£1,590,677 £1,930,695 £3,741,264 £4,166,858 £5,110,615
14.6% 16.9% 25.9% 27.5% 30.7%
£1,590,677 £1,930,695 £3,741,264 £4,166,858 £5,110,615
£4,493,185 £5,352,020 £9,025,614 £9,475,528 £11,707,118
16.3% 18.5% 25.7% 26.4% 29.6%
£1,347,956 £1,605,606 £2,707,684 £2,842,658 £3,512,135
£3,143,626 £3,829,985 £7,316,455 £7,985,247 £9,854,423
14.3% 16.6% 25.3% 26.6% 29.9%
£1,571,813 £1,914,993 £3,658,228 £3,992,623 £4,927,211
£16,853,086 £20,161,118 £34,075,138 £35,535,058 £44,079,068
15.3% 17.4% 24.3% 24.9% 28.0%
£1,263,981 £1,512,084 £2,555,635 £2,665,129 £3,305,930
£11,500,019 £14,108,378 £27,310,600 £30,113,646 £37,238,127
13.3% 15.5% 23.9% 25.3% 28.5%
£1,437,502 £1,763,547 £3,413,825 £3,764,206 £4,654,766
Average LV/ha with affordable £1,527,891 £1,840,834 £3,336,387 £3,584,346 £4,420,376
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 40% affordable
Social rent. Shared Ownership 35% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£492,505 £585,074 £944,037 £963,958 £1,197,783
18.3% 20.7% 28.0% 28.3% 32.0%
£1,477,516 £1,755,222 £2,832,110 £2,891,875 £3,593,348
£320,548 £393,540 £743,343 £849,591 £1,048,533
15.3% 17.8% 27.0% 29.2% 32.8%
£1,602,738 £1,967,698 £3,716,716 £4,247,955 £5,242,666
£115,244 £165,837 £342,343 £342,343 £464,268
8.2% 11.3% 19.5% 19.5% 24.1%
£864,333 £1,243,780 £2,567,571 £2,567,571 £3,482,007
£1,144,675 £1,369,534 £2,254,386 £2,311,627 £2,881,833
16.7% 19.1% 26.2% 26.6% 30.2%
£1,373,610 £1,643,441 £2,705,263 £2,773,953 £3,458,199
£638,785 £807,671 £1,597,656 £1,775,741 £2,229,970
12.5% 15.1% 24.2% 25.8% 29.4%
£1,277,570 £1,615,343 £3,195,311 £3,551,483 £4,459,939
£2,075,854 £2,494,790 £4,158,116 £4,310,114 £5,378,454
15.6% 17.8% 24.8% 25.3% 28.7%
£1,245,512 £1,496,874 £2,494,870 £2,586,069 £3,227,072
£1,014,650 £1,331,033 £2,760,145 £3,039,821 £3,880,127
10.2% 12.7% 21.5% 22.9% 26.5%
£1,014,650 £1,331,033 £2,760,145 £3,039,821 £3,880,127
£3,914,453 £4,745,070 £7,929,600 £8,160,637 £10,260,418
14.8% 17.1% 24.0% 24.4% 27.9%
£1,174,336 £1,423,521 £2,378,880 £2,448,191 £3,078,125
£2,509,599 £3,157,334 £6,144,063 £6,739,895 £8,468,850
12.3% 14.7% 23.3% 24.6% 28.1%
£1,254,800 £1,578,667 £3,072,032 £3,369,948 £4,234,425
£13,278,267 £16,375,097 £28,203,482 £29,137,830 £36,968,725
13.0% 15.2% 22.0% 22.5% 25.9%
£995,870 £1,228,132 £2,115,261 £2,185,337 £2,772,654
£8,604,432 £11,051,988 £23,225,668 £25,958,638 £32,628,746
10.7% 13.1% 22.0% 23.6% 26.9%
£1,075,554 £1,381,499 £2,903,208 £3,244,830 £4,078,593
Average LV/ha with affordable £1,214,226 £1,515,019 £2,794,670 £2,991,548 £3,773,378
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 10% affordable
Social Rent. Shared Ownership 40% sale
Figures represent land value/% to GDV/land value per ha
Numbe
r of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£806,332 £919,864 £1,433,255 £1,512,941 £1,813,052
23.7% 25.7% 32.7% 33.6% 36.6%
£2,418,997 £2,759,593 £4,299,766 £4,538,824 £5,439,156
£556,789 £640,157 £1,118,629 £1,291,282 £1,533,227
22.3% 24.4% 33.2% 35.6% 38.4%
£2,783,944 £3,200,784 £5,593,147 £6,456,409 £7,666,136
£282,296 £340,878 £598,628 £598,628 £747,607
16.3% 18.8% 26.9% 26.9% 30.5%
£2,117,220 £2,556,586 £4,489,710 £4,489,710 £5,607,050
£1,858,406 £2,127,558 £3,345,555 £3,523,641 £4,234,021
22.1% 24.1% 30.9% 31.7% 34.7%
£2,230,087 £2,553,069 £4,014,667 £4,228,369 £5,080,825
£1,246,189 £1,446,567 £2,519,482 £2,735,729 £3,289,530
20.0% 22.1% 30.4% 31.7% 34.6%
£2,492,378 £2,893,134 £5,038,964 £5,471,457 £6,579,060
£3,397,011 £3,908,216 £6,203,465 £6,507,461 £7,851,355
20.4% 22.3% 29.0% 29.7% 32.6%
£2,038,207 £2,344,929 £3,722,079 £3,904,476 £4,710,813
£2,289,005 £2,669,438 £4,801,731 £5,361,083 £6,436,964
18.5% 20.5% 28.9% 30.5% 33.3%
£2,289,005 £2,669,438 £4,801,731 £5,361,083 £6,436,964
£7,034,070 £8,080,122 £12,707,204 £13,248,317 £15,983,314
20.6% 22.5% 29.0% 29.7% 32.5%
£2,110,221 £2,424,037 £3,812,161 £3,974,495 £4,794,994
£4,689,463 £5,471,170 £9,911,529 £11,103,193 £13,323,991
18.4% 20.5% 28.9% 30.7% 33.4%
£2,344,732 £2,735,585 £4,955,764 £5,551,597 £6,661,995
£25,849,177 £29,832,487 £47,888,687 £50,154,483 £60,633,641
19.1% 21.0% 27.5% 28.1% 30.9%
£1,938,688 £2,237,437 £3,591,652 £3,761,586 £4,547,523
£16,633,860 £19,516,998 £35,301,939 £39,156,127 £47,233,448
17.0% 19.0% 27.0% 28.5% 31.3%
£2,079,232 £2,439,625 £4,412,742 £4,894,516 £5,904,181
Average LV/ha with affordable£2,258,428 £2,619,474 £4,430,217 £4,784,775 £5,766,245
Land valuesEUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 20% affordable
Social rent. Shared Ownership 40% sale
Figures represent land value/% to GDV/land value per ha
Numbe
r of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£633,228 £733,515 £1,188,922 £1,281,889 £1,549,335
21.2% 23.4% 30.9% 32.1% 35.3%
£1,899,684 £2,200,544 £3,566,767 £3,845,667 £4,648,005
£449,729 £521,518 £958,427 £1,111,158 £1,332,147
19.8% 21.9% 31.3% 33.7% 36.8%
£2,248,646 £2,607,590 £4,792,136 £5,555,791 £6,660,735
£223,775 £275,871 £515,340 £515,340 £658,242
13.5% 15.9% 24.3% 24.3% 28.2%
£1,678,310 £2,069,032 £3,865,048 £3,865,048 £4,936,813
£1,570,500 £1,816,816 £2,929,064 £3,100,790 £3,751,270
20.6% 22.7% 29.8% 30.7% 33.8%
£1,884,600 £2,180,180 £3,514,877 £3,720,948 £4,501,524
£1,106,621 £1,304,047 £2,280,753 £2,484,279 £3,020,649
18.2% 20.4% 28.6% 30.0% 33.1%
£2,213,242 £2,608,093 £4,561,506 £4,968,558 £6,041,298
£2,814,444 £3,276,471 £5,349,372 £5,659,448 £6,876,978
18.8% 20.9% 27.8% 28.7% 31.7%
£1,688,666 £1,965,883 £3,209,623 £3,395,669 £4,126,187
£1,952,255 £2,315,823 £4,303,245 £4,783,559 £5,800,817
16.6% 18.8% 27.4% 29.0% 32.0%
£1,952,255 £2,315,823 £4,303,245 £4,783,559 £5,800,817
£5,700,117 £6,648,544 £10,642,665 £11,116,898 £13,573,799
18.6% 20.6% 27.3% 27.9% 31.0%
£1,710,035 £1,994,563 £3,192,799 £3,335,069 £4,072,140
£4,221,289 £4,974,930 £9,018,301 £10,082,287 £12,190,246
17.3% 19.5% 27.9% 29.5% 32.5%
£2,110,645 £2,487,465 £4,509,151 £5,041,144 £6,095,123
£22,338,955 £26,099,972 £42,282,243 £44,092,544 £53,863,325
17.6% 19.6% 26.1% 26.7% 29.7%
£1,675,422 £1,957,498 £3,171,168 £3,306,941 £4,039,749
£14,798,229 £17,602,657 £32,897,061 £36,815,487 £44,680,221
15.7% 17.8% 26.1% 27.8% 30.6%
£1,849,779 £2,200,332 £4,112,133 £4,601,936 £5,585,028
Average LV/ha with affordable£1,901,026 £2,235,182 £3,890,768 £4,220,030 £5,137,038
Land valuesEUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 30% affordable
Social rent. Shared Ownership 40% sale
Figures represent land value/% to GDV/land value per ha
Numbe
r of
Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£495,432 £582,600 £1,028,636 £1,101,682 £1,338,270
19.3% 21.6% 30.4% 31.6% 34.9%
£1,486,296 £1,747,800 £3,085,909 £3,305,045 £4,014,810
£443,694 £519,395 £949,011 £1,055,258 £1,278,898
18.8% 21.0% 30.3% 32.0% 35.3%
£2,218,472 £2,596,973 £4,745,054 £5,276,292 £6,394,490
£198,558 £248,690 £476,240 £476,240 £607,252
12.7% 15.1% 23.9% 23.9% 27.7%
£1,489,186 £1,865,175 £3,571,801 £3,571,801 £4,554,390
£1,128,849 £1,343,286 £2,270,260 £2,403,824 £2,964,080
17.2% 19.5% 27.0% 27.9% 31.3%
£1,354,619 £1,611,943 £2,724,312 £2,884,589 £3,556,897
£905,377 £1,088,639 £1,994,824 £2,160,189 £2,655,490
16.1% 18.5% 27.2% 28.4% 31.7%
£1,810,754 £2,177,279 £3,989,647 £4,320,378 £5,310,979
£2,315,622 £2,743,068 £4,630,618 £4,849,495 £5,965,548
16.9% 19.0% 26.3% 27.0% 30.2%
£1,389,373 £1,645,841 £2,778,371 £2,909,697 £3,579,329
£1,631,780 £1,973,852 £3,794,090 £4,219,684 £5,168,723
14.9% 17.2% 26.1% 27.7% 30.9%
£1,631,780 £1,973,852 £3,794,090 £4,219,684 £5,168,723
£4,557,380 £5,419,424 £9,456,378 £9,906,292 £12,180,962
16.5% 18.7% 26.4% 27.1% 30.3%
£1,367,214 £1,625,827 £2,836,913 £2,971,888 £3,654,288
£3,233,345 £3,924,190 £7,428,488 £8,097,279 £9,977,660
14.6% 16.9% 25.6% 26.8% 30.1%
£1,616,672 £1,962,095 £3,714,244 £4,048,640 £4,988,830
£17,165,760 £20,489,421 £34,487,741 £35,947,661 £44,532,934
15.5% 17.6% 24.5% 25.1% 28.2%
£1,287,432 £1,536,707 £2,586,581 £2,696,075 £3,339,970
£11,818,610 £14,442,898 £27,710,153 £30,513,199 £37,677,646
13.5% 15.8% 24.1% 25.5% 28.7%
£1,477,326 £1,805,362 £3,463,769 £3,814,150 £4,709,706
Average LV/ha with affordable£1,557,193 £1,868,078 £3,390,063 £3,638,022 £4,479,310
Land valuesEUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 40% affordable
Social rent. Shared Ownership 40% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£503,285 £596,392 £959,094 £979,015 £1,214,345
18.6% 21.0% 28.3% 28.6% 32.3%
£1,509,856 £1,789,177 £2,877,281 £2,937,045 £3,643,034
£325,994 £399,258 £750,872 £857,119 £1,056,814
15.5% 18.0% 27.2% 29.4% 32.9%
£1,629,968 £1,996,288 £3,754,358 £4,285,597 £5,284,071
£133,091 £182,731 £361,256 £361,256 £480,072
9.3% 12.2% 20.3% 20.3% 24.6%
£998,182 £1,370,480 £2,709,417 £2,709,417 £3,600,538
£1,169,024 £1,395,101 £2,287,649 £2,344,891 £2,918,422
17.0% 19.3% 26.5% 26.9% 30.4%
£1,402,829 £1,674,121 £2,745,179 £2,813,869 £3,502,107
£679,229 £850,138 £1,646,029 £1,824,114 £2,283,180
13.2% 15.7% 24.6% 26.2% 29.8%
£1,358,458 £1,700,276 £3,292,057 £3,648,229 £4,566,361
£2,120,268 £2,541,422 £4,220,153 £4,372,151 £5,446,692
15.8% 18.1% 25.0% 25.6% 29.0%
£1,272,161 £1,524,853 £2,532,092 £2,623,290 £3,268,015
£1,094,811 £1,415,203 £2,855,520 £3,135,196 £3,985,041
10.9% 13.4% 22.0% 23.3% 27.0%
£1,094,811 £1,415,203 £2,855,520 £3,135,196 £3,985,041
£4,007,385 £4,842,649 £8,052,564 £8,283,601 £10,395,683
15.1% 17.4% 24.2% 24.6% 28.1%
£1,202,216 £1,452,795 £2,415,769 £2,485,080 £3,118,705
£2,627,928 £3,281,578 £6,293,426 £6,889,258 £8,633,150
12.8% 15.2% 23.6% 24.9% 28.4%
£1,313,964 £1,640,789 £3,146,713 £3,444,629 £4,316,575
£13,697,013 £16,814,777 £28,742,078 £29,676,427 £37,561,195
13.3% 15.6% 22.3% 22.7% 26.2%
£1,027,276 £1,261,108 £2,155,656 £2,225,732 £2,817,090
£9,027,558 £11,496,269 £23,761,145 £26,494,115 £33,217,779
11.1% 13.5% 22.4% 23.9% 27.2%
£1,128,445 £1,437,034 £2,970,143 £3,311,764 £4,152,222
Average LV/ha with affordable £1,267,106 £1,569,284 £2,859,471 £3,056,350 £3,841,251
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 10% affordable
Social Rent. Shared Ownership 50% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£806,332 £919,864 £1,433,255 £1,512,941 £1,813,052
23.7% 25.7% 32.7% 33.6% 36.6%
£2,418,997 £2,759,593 £4,299,766 £4,538,824 £5,439,156
£556,789 £640,157 £1,118,629 £1,291,282 £1,533,227
22.3% 24.4% 33.2% 35.6% 38.4%
£2,783,944 £3,200,784 £5,593,147 £6,456,409 £7,666,136
£282,296 £340,878 £598,628 £598,628 £747,607
16.3% 18.8% 26.9% 26.9% 30.5%
£2,117,220 £2,556,586 £4,489,710 £4,489,710 £5,607,050
£1,868,729 £2,138,397 £3,359,978 £3,538,063 £4,249,885
22.2% 24.2% 31.0% 31.8% 34.7%
£2,242,475 £2,566,077 £4,031,973 £4,245,676 £5,099,862
£1,256,512 £1,457,407 £2,533,904 £2,750,151 £3,305,395
20.1% 22.2% 30.5% 31.8% 34.7%
£2,513,025 £2,914,813 £5,067,808 £5,500,302 £6,610,789
£3,425,218 £3,937,834 £6,242,156 £6,546,152 £7,893,916
20.5% 22.4% 29.1% 29.8% 32.7%
£2,055,131 £2,362,700 £3,745,293 £3,927,691 £4,736,349
£2,307,343 £2,688,694 £4,826,635 £5,385,988 £6,464,359
18.6% 20.6% 28.9% 30.6% 33.4%
£2,307,343 £2,688,694 £4,826,635 £5,385,988 £6,464,359
£7,083,412 £8,131,932 £12,776,136 £13,317,249 £16,059,141
20.7% 22.6% 29.1% 29.7% 32.6%
£2,125,024 £2,439,580 £3,832,841 £3,995,175 £4,817,742
£4,735,837 £5,519,865 £9,970,899 £11,162,563 £13,389,295
18.6% 20.6% 29.0% 30.8% 33.5%
£2,367,918 £2,759,933 £4,985,449 £5,581,281 £6,694,648
£26,048,302 £30,041,574 £48,162,064 £50,427,860 £60,934,358
19.2% 21.1% 27.6% 28.2% 31.0%
£1,953,623 £2,253,118 £3,612,155 £3,782,089 £4,570,077
£16,790,466 £19,681,444 £35,502,697 £39,356,886 £47,454,273
17.1% 19.1% 27.1% 28.6% 31.4%
£2,098,808 £2,460,181 £4,437,837 £4,919,611 £5,931,784
Average LV/ha with affordable £2,271,228 £2,632,914 £4,447,510 £4,802,069 £5,785,268
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 20% affordable
Social rent. Shared Ownership 50% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£633,228 £733,515 £1,188,922 £1,281,889 £1,549,335
21.2% 23.4% 30.9% 32.1% 35.3%
£1,899,684 £2,200,544 £3,566,767 £3,845,667 £4,648,005
£449,729 £521,518 £958,427 £1,111,158 £1,332,147
19.8% 21.9% 31.3% 33.7% 36.8%
£2,248,646 £2,607,590 £4,792,136 £5,555,791 £6,660,735
£223,775 £275,871 £515,340 £515,340 £658,242
13.5% 15.9% 24.3% 24.3% 28.2%
£1,678,310 £2,069,032 £3,865,048 £3,865,048 £4,936,813
£1,591,146 £1,838,496 £2,957,909 £3,129,634 £3,782,999
20.8% 22.9% 30.0% 30.9% 34.0%
£1,909,375 £2,206,195 £3,549,490 £3,755,561 £4,539,599
£1,131,652 £1,330,331 £2,313,085 £2,516,612 £3,056,214
18.5% 20.7% 28.9% 30.2% 33.3%
£2,263,304 £2,660,662 £4,626,171 £5,033,224 £6,112,428
£2,853,917 £3,317,919 £5,404,518 £5,714,594 £6,937,640
19.0% 21.0% 28.0% 28.8% 31.8%
£1,712,350 £1,990,751 £3,242,711 £3,428,756 £4,162,584
£1,990,331 £2,355,803 £4,355,723 £4,836,036 £5,858,543
16.9% 19.0% 27.7% 29.2% 32.2%
£1,990,331 £2,355,803 £4,355,723 £4,836,036 £5,858,543
£5,787,446 £6,740,243 £10,759,626 £11,233,860 £13,702,456
18.8% 20.8% 27.4% 28.1% 31.2%
£1,736,234 £2,022,073 £3,227,888 £3,370,158 £4,110,737
£4,304,427 £5,062,228 £9,131,928 £10,195,914 £12,315,236
17.6% 19.7% 28.1% 29.7% 32.7%
£2,152,214 £2,531,114 £4,565,964 £5,097,957 £6,157,618
£22,676,638 £26,454,550 £42,748,691 £44,558,992 £54,376,421
17.8% 19.8% 26.3% 26.9% 29.8%
£1,700,748 £1,984,091 £3,206,152 £3,341,924 £4,078,232
£15,115,639 £17,935,954 £33,314,812 £37,233,238 £45,139,736
16.0% 18.0% 26.3% 28.0% 30.8%
£1,889,455 £2,241,994 £4,164,352 £4,654,155 £5,642,467
Average LV/ha with affordable £1,925,514 £2,260,895 £3,923,855 £4,253,116 £5,173,433
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
App 8A
Valuations at 30% affordable
Social rent. Shared Ownership 50% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£506,210 £593,917 £1,043,694 £1,116,739 £1,354,834
19.6% 21.9% 30.7% 31.8% 35.1%
£1,518,631 £1,781,752 £3,131,082 £3,350,218 £4,064,501
£454,585 £530,712 £964,068 £1,070,316 £1,295,462
19.2% 21.3% 30.6% 32.3% 35.5%
£2,272,924 £2,653,560 £4,820,342 £5,351,581 £6,477,309
£206,429 £256,788 £480,802 £480,802 £617,670
13.1% 15.5% 24.0% 24.0% 28.0%
£1,548,215 £1,925,908 £3,606,015 £3,606,015 £4,632,525
£1,156,893 £1,372,733 £2,307,943 £2,441,507 £3,005,532
17.5% 19.8% 27.3% 28.2% 31.5%
£1,388,272 £1,647,280 £2,769,531 £2,929,808 £3,606,638
£934,884 £1,119,623 £2,035,298 £2,200,663 £2,700,012
16.5% 18.9% 27.5% 28.7% 32.0%
£1,869,768 £2,239,246 £4,070,597 £4,401,327 £5,400,024
£2,381,904 £2,812,666 £4,721,786 £4,940,664 £6,065,834
17.2% 19.4% 26.7% 27.3% 30.5%
£1,429,143 £1,687,600 £2,833,072 £2,964,398 £3,639,500
£1,689,592 £2,034,556 £3,874,140 £4,299,735 £5,256,779
15.3% 17.6% 26.5% 28.0% 31.2%
£1,689,592 £2,034,556 £3,874,140 £4,299,735 £5,256,779
£4,685,749 £5,554,216 £9,287,111 £9,737,025 £11,994,764
16.8% 19.0% 26.1% 26.8% 30.1%
£1,405,725 £1,666,265 £2,786,133 £2,921,107 £3,598,429
£3,355,869 £4,052,846 £7,592,813 £8,261,604 £10,158,416
15.1% 17.3% 25.9% 27.2% 30.4%
£1,677,934 £2,026,423 £3,796,407 £4,130,802 £5,079,208
£17,712,975 £21,064,017 £35,230,980 £36,690,900 £45,350,495
15.9% 18.0% 24.8% 25.4% 28.5%
£1,328,473 £1,579,801 £2,642,324 £2,751,818 £3,401,287
£12,299,586 £14,947,947 £28,345,323 £31,148,369 £38,376,319
14.0% 16.2% 24.5% 25.9% 29.0%
£1,537,448 £1,868,493 £3,543,165 £3,893,546 £4,797,040
Average LV/ha with affordable £1,606,011 £1,919,171 £3,442,983 £3,690,941 £4,541,204
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
400
30
50
50
30
50
4
30
50
75
100
30
50
25
30
50
50
1
30
10
30
50
75
App 8A
Valuations at 40% affordable
Social rent. Shared Ownership 50% sale
Figures represent land value/% to GDV/land value per ha
Number
of Units
Density Value Point 1 Value Point 2 Value Point 3 Value Point 4 Value Point 5
£98,679 £111,680 £168,343 £173,591 £207,204
26.6% 28.6% 35.4% 35.8% 38.8%
£2,960,364 £3,350,387 £5,050,302 £5,207,716 £6,216,115
£71,344 £81,145 £146,191 £160,192 £187,006
25.5% 27.6% 37.5% 39.1% 41.5%
£3,567,190 £4,057,231 £7,309,547 £8,009,606 £9,350,278
£382,874 £433,317 £646,439 £673,321 £803,700
25.8% 27.8% 34.0% 34.7% 37.7%
£2,871,553 £3,249,876 £4,848,290 £5,049,907 £6,027,748
£276,814 £314,841 £561,373 £615,138 £725,355
24.7% 26.8% 36.0% 37.5% 40.2%
£3,460,174 £3,935,514 £7,017,165 £7,689,221 £9,066,936
£146,278 £171,781 £283,897 £283,897 £348,068
20.1% 22.5% 30.0% 30.0% 33.5%
£2,742,719 £3,220,889 £5,323,067 £5,323,067 £6,526,270
£524,842 £619,027 £989,209 £1,009,130 £1,247,472
19.2% 21.6% 28.8% 29.2% 32.8%
£1,574,525 £1,857,081 £2,967,627 £3,027,391 £3,742,416
£336,884 £410,693 £765,929 £872,177 £1,073,378
15.9% 18.4% 27.6% 29.7% 33.2%
£1,684,420 £2,053,464 £3,829,647 £4,360,885 £5,366,889
£141,041 £190,995 £370,826 £370,826 £490,490
9.8% 12.7% 20.7% 20.7% 24.9%
£1,057,807 £1,432,465 £2,781,194 £2,781,194 £3,678,673
£1,217,715 £1,446,228 £2,354,176 £2,411,418 £2,991,602
17.6% 19.9% 27.0% 27.3% 30.8%
£1,461,258 £1,735,473 £2,825,011 £2,893,701 £3,589,923
£717,597 £890,425 £1,698,134 £1,876,219 £2,340,496
13.8% 16.3% 25.2% 26.7% 30.3%
£1,435,193 £1,780,851 £3,396,268 £3,752,439 £4,680,992
£2,209,083 £2,634,680 £4,344,231 £4,496,229 £5,583,181
16.4% 18.6% 25.5% 26.0% 29.4%
£1,325,450 £1,580,808 £2,606,539 £2,697,738 £3,349,909
£1,173,838 £1,498,186 £2,960,918 £3,240,595 £4,100,978
11.5% 14.0% 22.6% 23.9% 27.5%
£1,173,838 £1,498,186 £2,960,918 £3,240,595 £4,100,978
£4,193,223 £5,037,787 £8,298,495 £8,529,532 £10,666,201
15.6% 17.9% 24.7% 25.1% 28.5%
£1,257,967 £1,511,336 £2,489,548 £2,558,860 £3,199,860
£2,791,408 £3,453,237 £6,515,343 £7,111,175 £8,877,258
13.4% 15.8% 24.2% 25.5% 28.9%
£1,395,704 £1,726,619 £3,257,672 £3,555,588 £4,438,629
£14,417,300 £17,571,112 £29,696,329 £30,630,677 £38,610,852
13.9% 16.1% 22.8% 23.2% 26.6%
£1,081,298 £1,317,833 £2,227,225 £2,297,301 £2,895,814
£9,639,530 £12,138,864 £24,586,182 £27,319,152 £34,125,314
11.8% 14.1% 22.9% 24.4% 27.7%
£1,204,941 £1,517,358 £3,073,273 £3,414,894 £4,265,664
Average LV/ha with affordable £1,332,037 £1,637,407 £2,946,811 £3,143,689 £3,937,250
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
50
1
30
10
30
50
75
4
30
50
75
50
30
50
25
30
50
400
30
50
100
30
50
1
Appendix 9
Wycombe District Council
Feedback from developers
Introduction
This form is intended to provide information that will be used in a new affordable
housing viability study, being carried out by Adams Integra on behalf of Wycombe
District Council (WDC). The information provided will remain confidential and will only
be used by Adams Integra in connection with the study.
We are approaching a small number of developers that are building in the area.
The purpose of the study is to recommend viable levels of affordable housing in
different development scenarios. It is possible that there will be different
recommendations for different geographical locations.
The methodology will comprise a series of residual land values that test different
housing numbers, mixes and densities, alongside varying affordable housing
numbers.
The valuation inputs will need to reflect the actuality of developing in the WDC area
as much as possible.
We would also assess existing use values for Greenfield, employment and residential
uses, against which the resultant land values would be assessed. From this, we can
say that a particular form of development is/is not viable, based on assumed
affordable housing levels.
The most critical issue for the study, therefore, will be the inputs into the valuations
and it is in this area that we are seeking your assistance. These inputs need to relate
to the WDC area and will be specific to today’s market conditions.
We would therefore hope that you are able to provide some local guidance as to the
questions set out below.
I would thank you in advance for your assistance. If you would like to discuss any
aspect of the study or questions, then please call me on 07535 629165.
James Sinclair MRICS
Adams Integra
2
Questions
We will need to assume different mixes and densities. What number of units
per acre would you assume for:
Greenfield sites
Urban sites
What floor area per acre (gross internal, excluding garages) would you assume
for
Greenfield sites
Urban sites
We would assume different profit levels (% of sales) for market housing and
affordable housing. If we assume 6% for affordable housing, what profit level
would you seek for the market housing, to include overheads, but excluding
finance?
What build cost per sq ft (including prelims and assuming code 3) would you
adopt for spec housing, excluding abnormals, for
Houses
Flats
What would you estimate the extra cost per sq ft to achieve code 4?
Flats
Houses
What percentage of build cost would you assume for professional fees
(architect, engineer, ecology etc), excluding marketing costs and the costs of
surveys themselves? We apply the survey costs separately.
What percentage of GDV (market houses only) would you assume for sales
costs, including agency and brochure costs?
What finance rate should we apply today?
3
What build and sales period would you assume for
5 units
25 units
50 units
100 units
Adams Integra
November 2013
Description:Rateperm2grossinternalfloorareaforthebuildingCostincludingprelims.
Last updated:16-Nov-201312:19
RebasedtoWycombe
£/m2study
Maximum age of results:Defaultperiod
Building function(Maximum age of projects)
£/m² gross internal floor areaSample
Mean Lowest Lower quartiles Median Upper quartiles Highest
NewbuildEstate housing
Generally(15) 968 489 826 946 1,080 2,010 1294
Singlestorey(15) 1,075 583 930 1,036 1,219 1,808 246
2-storey(15) 945 489 816 927 1,051 1,800 953
3-storey(15) 923 590 770 846 1,021 2,010 93
4-storeyorabove(25) 1,270 971 - 1,160 - 1,678 3
Estatehousingdetached(15) 1,089 811 894 1,030 1,334 1,391 8
Estate housing semi detached
Generally(15) 969 510 829 952 1,081 1,808 276
Singlestorey(15) 1,115 719 957 1,118 1,261 1,808 57
2-storey(15) 937 510 824 928 1,047 1,420 207
3-storey(15) 822 678 727 793 862 1,100 12
Estate housing terraced
Generally(15) 987 506 821 957 1,131 2,010 293
Singlestorey(15) 1,067 658 868 998 1,237 1,638 53
2-storey(15) 971 506 821 952 1,090 1,523 201
3-storey(15) 960 590 782 856 1,094 2,010 39
Flats (apartments)
Generally(15) 1,118 559 934 1,083 1,257 3,268 662
1-2storey(15) 1,085 605 927 1,055 1,201 2,043 177
3-5storey(15) 1,099 559 927 1,081 1,248 2,307 436
6+storey(15) 1,442 877 1,117 1,349 1,639 3,268 42
Appendix 11
Wycombe Borough Council
Sensitivity testing the results of AR65% SO30%
Adding 10% to build costs.
Adding 5% to CIL at VP2 and 10% to CIL at VP3
Applies only to sites of 10 units and above, contributing onsite affordable housing.
VP 4 and 5 includes cumulative impact of CIL at £165 per sqm
Assumes 30% affordable
Figures are land values per hectare
Cumulative impact Cumulative impact
of costs and CIL of costs and CIL
No units Density/ha 1 2 2 3 3 4 5
Build cost plus 10% Build cost plus 10% CIL £131 per sqm Build cost plus 10% CIL £165 per sqm Build cost plus 10% Build cost plus 10%
10 30 £1,341,000 £1,597,000 £1,585,000 £2,973,000 £2,943,000 £3,162,000 £3,894,000
50 £1,987,000 £2,407,000 £2,389,000 £4,594,000 £4,550,000 £5,080,000 £6,234,000
75 £816,000 £1,230,000 £1,214,000 £3,072,000 £3,032,000 £3,032,000 £4,027,000
25 30 £1,149,000 £1,413,000 £1,401,000 £2,583,000 £2,555,000 £2,715,000 £3,407,000
50 £1,460,000 £1,833,000 £1,817,000 £3,747,000 £3,707,000 £4,037,000 £5,052,000
50 30 £1,170,000 £1,431,000 £1,419,000 £2,608,000 £2,580,000 £2,711,000 £3,396,000
50 £1,242,000 £1,588,000 £1,572,000 £3,520,000 £3,484,000 £3,909,000 £4,876,000
100 30 £1,166,000 £1,431,000 £1,420,000 £2,582,000 £2,553,000 £2,689,000 £3,379,000
50 £1,220,000 £1,568,000 £1,554,000 £3,425,000 £3,388,000 £3,723,000 £4,680,000
400 30 £1,048,000 £1,301,000 £1,287,000 £2,404,000 £2,374,000 £2,484,000 £3,142,000
50 £1,092,000 £1,423,000 £1,409,000 £3,170,000 £3,135,000 £3,486,000 £4,396,000
Averages £1,244,636 £1,565,636 £1,551,545 £3,152,545 £3,118,273 £3,366,182 £4,225,727
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
Appendix 11
Wycombe Distict Council
Sensitivity testing the results of AR65% SO30%
Adding 10% to build costs.
Adding 5% to CIL at VP2 and 10% to CIL at VP3
Applies only to sites of 10 units and above, contributing onsite affordable housing.
VP 4 and 5 includes cumulative impact of CIL at £165 per sqm
Assumes 40% affordable
Figures are land values per hectare
Cumulative impact Cumulative impact
of costs and CIL of costs and CIL
No units Density/ha 1 2 2 3 3 4 5
Build cost plus 10% Build cost plus 10% CIL £131 per sqm Build cost plus 10% CIL £165 per sqm Build cost plus 10% Build cost plus 10%
10 30 £1,324,000 £1,598,000 £1,587,000 £2,777,000 £2,750,000 £2,809,000 £3,542,000
50 £1,539,000 £1,925,000 £1,910,000 £3,811,000 £3,774,000 £4,305,000 £5,359,000
75 £298,000 £678,000 £665,000 £2,288,000 £2,256,000 £2,256,000 £3,199,000
25 30 £1,209,000 £1,489,000 £1,478,000 £2,617,000 £2,590,000 £2,658,000 £3,369,000
50 £931,000 £1,265,000 £1,252,000 £3,021,000 £2,988,000 £3,345,000 £4,284,000
50 30 £1,058,000 £1,317,000 £1,307,000 £2,401,000 £2,376,000 £2,467,000 £3,133,000
50 £629,000 £949,000 £937,000 £2,565,000 £2,535,000 £2,815,000 £3,682,000
100 30 £1,003,000 £1,261,000 £1,251,000 £2,294,000 £2,269,000 £2,338,000 £2,993,000
50 £894,000 £1,222,000 £1,210,000 £2,875,000 £2,843,000 £3,141,000 £4,032,000
400 30 £840,000 £1,080,000 £1,068,000 £2,036,000 £2,013,000 £2,083,000 £2,695,000
50 £805,000 £1,119,000 £1,107,000 £2,765,000 £2,736,000 £3,077,000 £3,941,000
Averages £957,273 £1,263,909 £1,252,000 £2,677,273 £2,648,182 £2,844,909 £3,657,182
Land values EUV per ha
against EUVs
Greenfield £350,000
Employment £950,000
Employment £1,400,000
Employment £1,700,000
Residential £2,000,000
Residential £4,000,000
Adams Integra
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Chichester
West Sussex
PO19 1UU
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