The consented development occupies the higher part of an attractive site in North Somerset, with the four proposed dwellings arranged as a small private development.
Vehicular access is to be provided by a new private roadway extending approximately 150 metres through lower-lying land. Parts of this land are affected by mapped flood risk and the access will therefore require an appropriate engineered construction and drainage solution.
The proposed dwellings themselves are positioned on higher ground outside the mapped flood-risk area.
The extent and configuration of the wider landholding creates an opportunity for a purchaser to consider the consented development alongside the longer-term potential of adjoining land, with the principal access infrastructure capable of benefiting both.
The Proposed Houses
The consented development provides four substantial detached family houses within a small private setting.
Their scale and character are an important feature of the opportunity. The houses are intended to occupy a different part of the market from the higher-density housing being delivered and proposed across the wider area, providing an opportunity to create a limited collection of larger individual homes with generous accommodation, gardens and parking.
Whilst residential market conditions have been more challenging, there remains evidence of transactions at materially higher values for substantial individual homes within the surrounding North Somerset market.
The limited number of houses proposed, together with their substantial proportions and private setting, should help differentiate the development from conventional volume-built housing and reduce direct competition with the larger schemes in the surrounding area.
Further Development Potential
In addition to the four consented dwellings, the purchaser will have the opportunity to secure an option over adjoining land with potential for further residential development.
Two distinct opportunities have been identified.
The first comprises part of the existing residential garden, which lies within the settlement boundary. An initial assessment indicates potential for approximately two additional dwellings, subject to planning.
The second comprises a further parcel of approximately 1.2 acres adjoining the consented development. This land occupies a strategically interesting position between the approved four-house development and land currently subject to a substantial residential planning proposal.
No planning permission currently exists for this parcel. However, its position between consented residential development and the neighbouring residential proposal provides an encouraging planning context for further residential development.
An initial assessment indicates that the parcel may be capable of accommodating approximately six additional dwellings, subject to design, access and all necessary planning consents.
Taken together, the adjoining land therefore offers initial potential for approximately eight further dwellings, in addition to the four already consented.
Purchasers should undertake their own investigations and obtain independent planning advice regarding the development potential of the option land.