UKLAND&FARMS

For Sale - £330,000 - 9.41 acres, Wells Barn, Newchapel, Lingfield

Vantage Land
17 High Street, , St Albans, Hertfordshire AL3 7LE

Tel:01727 701630
E-mail: enquiries@vantageland.co.uk

• 9.41 acres of flat pasture land.
• Wells Barn is 66 sq.m. timber frame agricultural building.
• Close to barns with planning for residential development.
• Benefits from planning for a stable block, sand school and parking.
• No overage or clawback - rare in todays land market.
• The land includes a charming tree-lined pond.
• Established treeline and shrubbery border around the majority of the land.
• In a beautiful and desirable area.
• Download the brochure using the link above.

<b style="color:green;font-weight:bold">WHY BUY THIS LAND?</b> This is an exceptional opportunity for you to own a well-located parcel of land and agricultural building, perfectly suited for equestrian use. Measuring 9.41 acres, this lush flat pasture land benefits from a 66 sq.m. timber frame barn by the entrance, towards the northern corner. It has been granted planning permission to remove this and build a new stable block, sand school & parking area. There is an established treeline and shrubbery border around the majority of the land providing good privacy and attractive boundaries. A circle of trees surrounds a small pond at the centre of the land offering an additional charming feature. The land is situated within an affluent area surrounded by stunning scenery and large characterful houses. It is just a short drive west of the commuter town of Lingfield and close to good transport links offering connections into London and the south coast. The land & barn has potential for other uses subject to any necessary planning consents and <b style="font-weight:bold">it should be noted</b> that two barns, close to the land for sale, have been granted planning to convert into residential dwellings, giving this land some development potential. <b style="color:green;font-weight:bold">PLANNING</b> The property benefits from planning permission for the demolition of an existing barn and the erection of a new stable block (consisting of 4 stables, feed store & tack room) and a 20m x 40m sand school, with associated parking area and muck bay (Planning Ref. TA/2022/535). This also includes a change of use of land from agriculture to equestrian. The land is situated within the Tandridge Green Belt. Any further development or change of use would be subject to the appropriate permission. <b style="color:green;font-weight:bold">PERMITTED DEVELOPMENT: AGRICULTURAL BUILDINGS TO DWELLINGHOUSES</b> Under "Class Q", it is possible to develop agricultural buildings, and any land within its curtilage, into homes without needing to apply for planning permission. Development is permitted if the agricultural building has been in use for at least 10 years. The maximum floorspace that can be developed is 465m², which can be divided into up to five separate dwellings. <b style="color:green;font-weight:bold">DEVELOPMENT OF AGRICULTURAL BUILDINGS</b> There are several examples on the local council's website of agricultural buildings successfully gaining permission to convert into residential dwellings. Please download the brochure for further information. <b style="color:green;font-weight:bold">NO OVERAGE</b> There is <b style="font-weight:bold">no overage or clawback on this land</b> - rare in today's land market. <b style="color:green;font-weight:bold">LOCAL AUTHORITY</b> Tandridge District Council <b style="color:green;font-weight:bold">PROPERTY PRICES</b> Wells Barn is situated within an extremely affluent area. Property prices in Newchapel are 44% above the county average and 147% above the national average. These premium house prices reflect the desirability of the area as a place to live and own property - including land. <b style="color:green;font-weight:bold">LOCATION</b> - Just north of Newchapel - 2.0 miles to Lingfield - 2.3 miles to Smallfield - 4.2 miles to East Grinstead - 4.3 miles to Horley - 5.8 miles to Edenbridge - 6.5 miles to Redhill - 6.8 miles to Crawley - 23.2 miles to Central London The land is ideally sandwiched between London and the south coast, close to good transport links. Situated in attractive location on the edge of the affluent hamlet of Newchapel, the land is just 2 miles west of the popular commuter town of Lingfield. Lingfield is a large, historic village that offers a good range of amenities such as; schools, cafés, pubs and shops. A wider range of services can be found in nearby East Grinstead, Horley, Redhill and Crawley. The closest, East Grinstead, is just over 10 minutes from the land. This vibrant medieval market town has something to offer everyone; a diverse range of independent & high street shops, cafés, bars and restaurants. The area has excellent commuter links. The nearby A22 trunk road connects the land to the south coast at Eastbourne and London. It joins the M25 at junction 6 providing quick access to the wider motorway network. Regular train services at nearby Lingfield station provide travel to London in 50 minutes and for international travel, London Gatwick Airport is less than 5 miles away. <b style="color:green;font-weight:bold">TRANSPORT LINKS</b> - 1.0 miles to the A22 - 2.5 miles to Lingfield Train Station * - 4.4 miles to the M23 (J10) - 4.8 miles to London Gatwick Airport - 5.9 miles to the M25 (J6) * Journey Times: 9 mins to East Grinstead; 32 mins to East Croydon; 49 mins to London Victoria; 52 mins to London Bridge <b style="color:green;font-weight:bold">LAND VALUES</b> Pasture land prices in the region are 14% higher than the average as land values rose again last year, despite numerous challenges in the local market & global economy. This once again shows the inherent resilience of agricultural land as a tangible asset. With a wide range of potential uses, agricultural land remains an attractive investment for a diverse range of buyers. This is supported by the fact that, in the past 5 years, land values have risen by 31%, outperforming the FTSE 100, UK property prices and interest from savings in the bank. These rises are driven by historically low levels of land availability, as demand continues to outstrip supply. <b style="color:green;font-weight:bold">METHOD OF SALE</b> Wells Barn is offered for sale by private treaty. The freehold is available with vacant possession upon completion. <b style="color:green;font-weight:bold">ACCESS</b> The land is accessed in the main over a well-made concrete farm track off Brickhouse Lane between Branford Lodge & Branford Wells Farm. This driveway is currently being greatly improved by the developers of the residential barn conversions. Please contact Vantage Land if you require any further information. <b style="color:green;font-weight:bold">VIEWING</b> <b style="font-weight:bold">Please note that viewing is by appointment only.</b> To arrange a viewing, please contact Vantage Land.