Land for sale

The Site A residential development site extending to approximately 2.54 Ha / 6.28 acres (Subject to Survey) with Outline Planning Permission granted for 47 dwellings. The site is located on the northern edge of the village of Old Newton situated between the B1113 Finningham Road and Silver Street. The site is relatively flat and currently laid to grass.  

Location Old Newton has a good range of amenities including a primary school, convenience store with post office facility, village hall, church and an active local community. Old Newton is well located for access to Stowmarket railway station with a mainline link to London Liverpool Street (Approx. 90 minutes). The A14 is readily accessible and with links eastbound to Ipswich and the A12 and westbound to Bury St Edmunds and Cambridge. Stowmarket provides a good range of amenities including education, healthcare, shopping, employment and leisure. 

Planning Permission Outline planning permission was granted on the 28th of October 2019 under planning reference 1866/17
The planning application and supporting documents can be viewed on the Babergh and Mid Suffolk website, please see property particulars for website link.
NB The application was described as Outline Planning Permission for up to 56 dwellings, however the approved scheme is for 47 dwellings. 

Planning Conditions The Planning Permission is subject to compliance with conditions and reserved matters detailed in the planning decision notice. A copy of the decision notice is available on request. 

Directions From the A14 eastbound exit at junction 49. At the roundabout take the second exit onto the A1308 towards Stowmarket. Proceed towards Stowmarket taking the first exit at the roundabout next to the football club. At the next roundabout take the first exit onto Crown Street, follow the road over a bridge and level crossing onto Cardinalls Road. Follow the road onto Spring Row then at the junction bear left onto Newton Road towards Old Newton. Proceed onto Stowmarket Road towards Old Newton. On entering the village of Old Newton continue onto Finningham road and the site is the first field on the left after Falconer Avenue. Approximate Postcode IP14 4EG. 

Section 106 Agreement / CIL The site lies with the MSDC 'high' charging zone for CIL. The rate was set at £115/ m2 in April 2016, but subject to indexation in line with the Building Costs Information Service (BCIS) All-in Tender Price Index.

At present the s.106 agreement requires a mixture of shared ownership and affordable rental dwellings comprising 20 dwellings, however we are seeking to amend the s.106 agreement to reflect the correct mix in the approved plans.

The approved plan illustrates a mix of 17 affordable units comprising;

Affordable rent
5 x 1 bed 2 person flats @ 49m2
1 x 2 bed 3 person flats @70 m2
4 x 2 bed 4 person houses @ 85 m2
2 x 3 bed 5 person houses @ 94 m2

Shared Ownership
3 x 2 bed 4 person houses @ 79 m2
1 x 2 bed 4 person house @ 85 m2
1 x 3 bed 5 person house @ 95 m2 

Services We can provide utilities plans identifying the location of potable water, foul drainage, electricity supplies and BT apparatus, however interested parties should rely on their own enquiries with regard to the suitability and capacity of services. 

Further Information To arrange a viewing or for further information please see attached property particulars. 

Architect ThurlowArchitects

Marketed by: Lacy Scott & Knight, Bury St. Edmunds