The values should be regarded as illustrative rather then definitive and represent typical levels of vacant possession value for sites with no abnormal site constraints and a residential planning permission of a type generally found within the area.
If land does not have planning permission at the valuation date then its value will often be much lower than the figures quoted below.
| REGION |
£s per hectareBulk Land (sites in excess of two hectares) |
| NORTH EAST |
| Newcastle (Heaton) |
115,000 |
| Alnwick |
60,000 |
| Sunderland |
100,000 |
| Middlesbrough |
80,000 |
| Durham |
90,000 |
| NORTH WEST AND MERSEYSIDE |
| Bolton |
100,000 |
| Manchester |
125,000 |
| Rochdale |
85,000 |
| Trafford (Altrincham) |
150,000 |
| Stockport |
125,000 |
| Blackburn |
65,000 |
| Lancaster |
90,000 |
| Preston |
110,000 |
| Chester |
110,000 |
| Crewe/Nantwich |
150,000 |
| Warrington (South Warrington) |
135,000 |
| Wigan |
70,000 |
| Carlisle |
80,000 |
| South Lakeland (Ambleside) |
125,000 |
| Liverpool ( suburbs) |
75,000 |
| Knowsley ( Prescot/Huyton) |
65,000 |
| Sefton ( Bootle suburbs) |
60,000 |
| YORKSHIRE AND THE HUMBER |
| Harrogate |
125,000 |
| York |
90,000 |
| Bradford |
65,000 |
| Halifax |
50,000 |
| Leeds |
110,000 |
| Doncaster |
70,000 |
| Grimsby |
70,000 |
| Beverley |
65,000 |
| Sheffield |
100,000 |
| REGION |
£s per hectareBulk Land(sites in excess of two hectares) |
| EAST MIDLAND |
| Lincoln |
46,000 |
| Mansfield |
95,000 |
| Nottingham (suburbs) |
173,000 |
| Derby |
150,000 |
| Leicester |
125,000 |
| Northampton |
148,000 |
| Loughborough |
100,000 |
| WEST MIDLAND |
| Birmingham |
185,000 |
| Coventry |
135,000 |
| Sandwell |
123,500 |
| Wolverhampton |
100,000 |
| Lichfield |
125,000 |
| Shrewsbury |
70,000 |
| Stoke-on-Trent |
85,000 |
| Warwick |
185,000 |
| Worcester |
130,000 |
| Kidderminster |
125,000 |
| EAST OF ENGLAND |
| Cambridge |
370,000 |
| Peterborough |
150,000 |
| Ipswich |
130,000 |
| Norwich |
185,000 |
| Luton |
150,000 |
| Stevenage |
225,000 |
| St Albans |
350,000 |
| Chelmsford |
210,000 |
| Colchester |
170,000 |
| REGION |
£s per hectareBulk Land(sites in excess of two hectares) |
| LONDON INNER |
| Tower Hamlets (E2-E3) |
370,000 |
| Camden |
1,250,000 |
| Islington |
575,000 |
| Lewisham |
350,000 |
| Southwark (SE15) |
620,000 |
| LONDON OUTER |
| Romford |
315,000 |
| Redbridge |
410,000 |
| Barnet |
500,000 |
| Ealing ( Hanwell ) |
700,000 |
| Ruislip |
400,000 |
| Bexley |
350,000 |
| Sutton |
400,000 |
| Wimbledon |
500,000 |
| SOUTH EAST |
| Brighton |
170,000 |
| Eastbourne |
155,000 |
| Folkestone |
125,000 |
| Medway Towns (Rochester) |
185,000 |
| Tunbridge Wells |
300,000 |
| Guildford |
375,000 |
| Reigate |
400,000 |
| Worthing |
210,000 |
| Aylesbury |
210,000 |
| Oxford |
400,000 |
| Wokingham |
300,000 |
| Basingstoke |
200,000 |
| Portsmouth |
150,000 |
| Southampton |
175,000 |
| Ryde, Isle of Wight |
65,000 |
| SOUTH WEST |
| Bournemouth |
160,000 |
| Weymouth |
100,000 |
| Exeter |
180,000 |
| Barnstaple |
90,000 |
| Plymouth |
160,000 |
| Truro |
120,000 |
| Taunton |
90,000 |
| Bath |
175,000 |
| Bristol |
170,000 |
| Gloucester |
180,000 |
| Swindon |
220,000 |
| WALES |
| Cardiff |
200,000 |
| Carmarthen |
30,000 |
| Merthyr Tydfil |
30,000 |
| Bridgend |
60,000 |
| Swansea |
100,000 |
| Llandudno |
40,000 |
| Newport |
105,000 |
| Wrexham |
50,000 |
| SCOTLAND |
| Glasgow, Bearsden/Milngavie |
123,500 |
| Ayr |
90,000 |
| Dumfries |
32,000 |
| Dunfermline |
85,000 |
| Glasgow |
123,500 |
| Aberdeen |
160,000 |
| Inverness |
76,000 |
| Edinburgh |
110,000 |
| Motherwell |
65,000 |
| Dundee |
100,000 |
The table and bar chart below shows the average vacant possession value by region of residential building land. These values should be regarded as illustrative rather than definitive and assume a planning permission typical for the area and no abnormal site constraints. If land does not have planning permission at the valuation date then its value will often be much lower than the figures quoted below.
The averages are arithmetic averages of the individual locations within each region and are not weighted. The methodology behind the construction of this table is included at the end of the report.
Government Office Regions are defined in Appendix 1.
| VALUE OF LAND FOR RESIDENTIAL DEVELOPMENT AS AT 31st MARCH 1982 |
|
|
| |
| Region |
Bulk Land (sites in excess of two hectares) £s per ha |
| North East |
89,000 |
| North West |
101,000 |
| Yorkshire and the Humber |
83,000 |
| East Midlands |
119,000 |
| West Midlands |
126,000 |
| Eastern |
216,000 |
| South East |
228,000 |
| South West |
150,000 |
| Wales |
77,000 |
|
| England & Wales (excluding London) |
139,000 |
|
| London |
549,000 |
| |
| Scotland |
96,500 |
|
