Pasture for sale
West Leith, Tring, Hertfordshire, HP23 6JR
Guide Price
£75,000
Residential Tags: N/A
Property Tags: Equestrian
Land Tags: Overage / Clawback, Paddock, Pasture Land
Summary Details
- First Marketed: Jul 2022
- Removed: Date Not Available
- Residential Tags: N/A
- Property Tags: Equestrian
- Land Tags: Overage / Clawback, Paddock, Pasture Land
WHY BUY THIS LAND?
A desirable opportunity to purchase a parcel of attractive pasture land within the London commuter belt. The land measures 2.37 acres with a further 2.82 acres available for sale.
The site is suitable for a variety of amenity, recreational or other uses (STPP) and is accessed via a secure double-gated entrance that is set back from the road.
The land is situated on the southern edge of Tring, just a 15 minute walk from its bustling High Street which offers an extensive mix of shops, cafes, bars and restaurants. It is also superbly located for road and rail links into London.
House prices in Tring are 80% above the national average reflecting the desirability of the area as a place to live and own property - including land. Indeed, the local council states that land for "small-scale 'hobby farming' and the demand for horse paddocks and ménages is on the increase, particularly on the urban fringe".
ACCESS
The site benefits from excellent access via a secure double-gated entrance to the east that is set back from the road. Full vehicular right of way is provided via an easement. Please contact Vantage Land for further information.
LAND VALUES
The average value of land is rising at the fastest rate since 2014. The price of bare land rose by almost 4% in the first quarter of this year, while annual growth hit 14%.
A continued lack of supply and strong demand from a wide range of purchasers - particularly from lifestyle and conservation-motivated buyers - continue to support prices.
As inflation soars, investors are also key buyers as they seek out tangible assets that act as an insurance against such rises. As ongoing economic uncertainty continues, land values are expected to rise even further.
LOCATION
- 0.8 miles to Tring High Street
- 3.2 miles to Wendover
- 4.9 miles to Berkhamsted
- 6.2 miles to Aylesbury
- 9.0 miles to Hemel Hempstead
- 11.2 miles to High Wycombe
- 14.5 miles to St Albans
- 14.9 miles to Watford
- 30.3 miles to Central London
The land lies in the historic market town of Tring in west Hertfordshire, on the border with Buckinghamshire. Its pretty Victorian High Street offers an extensive mix of independently run shops, cafes, bars and restaurants. With a long history in local speciality foods, you will still find the Charter Market taking place every Friday as well as a fortnightly Saturday Farmers Market.
In 2008 Tring became a 'Transition Town' with a vision for a better, more resilient, vibrant and sustainable local economy and environment. The friendly community is extremely supportive of local trade with residents opting to buy from local independent businesses.
Slightly further afield lie historic Berkhamsted and the large county town of Aylesbury, both offering even further retail and leisure facilities.
Tring lies within the London commuter belt and the land is well located for good transport links. The nearby A41 connects you quickly to the M25 and in turn London and the wider motorway network. Tring station provides fast and frequent services into London Euston in just 39 minutes.
TRANSPORT LINKS
- 0.8 miles to the A41
- 2.5 miles to Tring Train Station *
- 11.2 miles to the M1 (junction 8)
- 11.5 miles to the M25 (junction 20)
* Journey Times: 17 mins to Watford Junction; 21 mins to Milton Keynes Central; 39 mins to London Euston
HOUSE PRICES
The land is situated within an affluent area. House prices in Tring are 50% above the regional average and 80% above the national average. These premium house prices reflect the desirability of the area as a place to live and own property - including land.
LOCAL DEVELOPMENT
The local council's strategic plan identified six Green Belt sites for housing development and other associated uses.
Of particular note is "Local Allocation 5 (LA5)" at Icknield Way, West of Tring - less than half a mile from the land for sale.
CALA Homes has obtained planning consent on this land to the north within the Chilterns Area of Outstanding Natural Beauty (AONB) and the Green Belt for 226 high quality homes.
The development will also include attractive public open space providing links with the wider countryside, children's play areas, as well as pedestrian and cycle routes. The project may also see potential extensions to both the Icknield Way Industrial Estate and the local cemetery.
LOCAL AUTHORITY
Dacorum Borough Council
PLANNING
The land is situated within the Chiltern Hills Area of Outstanding Natural Beauty (AONB) and the Green Belt. The land also lies within part of an Area of Archaeological Interest. Any development would be subject to the appropriate planning permission.
OVERAGE
The land is subject to an Overage based on 20% of any uplift in value following the grant of planning permission for development other than that which is for agricultural or private equestrian purposes. The Overage period is 20 years from October 2020.
METHOD OF SALE
The land is offered for sale by private treaty. The freehold is available with vacant possession upon completion.
Further land may be available, please contact Vantage Land if you have an alternative budget or size requirement.
VIEWING
To arrange a site visit, please contact Vantage Land.
Marketed by: Vantage Land, St. Albans
A desirable opportunity to purchase a parcel of attractive pasture land within the London commuter belt. The land measures 2.37 acres with a further 2.82 acres available for sale.
The site is suitable for a variety of amenity, recreational or other uses (STPP) and is accessed via a secure double-gated entrance that is set back from the road.
The land is situated on the southern edge of Tring, just a 15 minute walk from its bustling High Street which offers an extensive mix of shops, cafes, bars and restaurants. It is also superbly located for road and rail links into London.
House prices in Tring are 80% above the national average reflecting the desirability of the area as a place to live and own property - including land. Indeed, the local council states that land for "small-scale 'hobby farming' and the demand for horse paddocks and ménages is on the increase, particularly on the urban fringe".
ACCESS
The site benefits from excellent access via a secure double-gated entrance to the east that is set back from the road. Full vehicular right of way is provided via an easement. Please contact Vantage Land for further information.
LAND VALUES
The average value of land is rising at the fastest rate since 2014. The price of bare land rose by almost 4% in the first quarter of this year, while annual growth hit 14%.
A continued lack of supply and strong demand from a wide range of purchasers - particularly from lifestyle and conservation-motivated buyers - continue to support prices.
As inflation soars, investors are also key buyers as they seek out tangible assets that act as an insurance against such rises. As ongoing economic uncertainty continues, land values are expected to rise even further.
LOCATION
- 0.8 miles to Tring High Street
- 3.2 miles to Wendover
- 4.9 miles to Berkhamsted
- 6.2 miles to Aylesbury
- 9.0 miles to Hemel Hempstead
- 11.2 miles to High Wycombe
- 14.5 miles to St Albans
- 14.9 miles to Watford
- 30.3 miles to Central London
The land lies in the historic market town of Tring in west Hertfordshire, on the border with Buckinghamshire. Its pretty Victorian High Street offers an extensive mix of independently run shops, cafes, bars and restaurants. With a long history in local speciality foods, you will still find the Charter Market taking place every Friday as well as a fortnightly Saturday Farmers Market.
In 2008 Tring became a 'Transition Town' with a vision for a better, more resilient, vibrant and sustainable local economy and environment. The friendly community is extremely supportive of local trade with residents opting to buy from local independent businesses.
Slightly further afield lie historic Berkhamsted and the large county town of Aylesbury, both offering even further retail and leisure facilities.
Tring lies within the London commuter belt and the land is well located for good transport links. The nearby A41 connects you quickly to the M25 and in turn London and the wider motorway network. Tring station provides fast and frequent services into London Euston in just 39 minutes.
TRANSPORT LINKS
- 0.8 miles to the A41
- 2.5 miles to Tring Train Station *
- 11.2 miles to the M1 (junction 8)
- 11.5 miles to the M25 (junction 20)
* Journey Times: 17 mins to Watford Junction; 21 mins to Milton Keynes Central; 39 mins to London Euston
HOUSE PRICES
The land is situated within an affluent area. House prices in Tring are 50% above the regional average and 80% above the national average. These premium house prices reflect the desirability of the area as a place to live and own property - including land.
LOCAL DEVELOPMENT
The local council's strategic plan identified six Green Belt sites for housing development and other associated uses.
Of particular note is "Local Allocation 5 (LA5)" at Icknield Way, West of Tring - less than half a mile from the land for sale.
CALA Homes has obtained planning consent on this land to the north within the Chilterns Area of Outstanding Natural Beauty (AONB) and the Green Belt for 226 high quality homes.
The development will also include attractive public open space providing links with the wider countryside, children's play areas, as well as pedestrian and cycle routes. The project may also see potential extensions to both the Icknield Way Industrial Estate and the local cemetery.
LOCAL AUTHORITY
Dacorum Borough Council
PLANNING
The land is situated within the Chiltern Hills Area of Outstanding Natural Beauty (AONB) and the Green Belt. The land also lies within part of an Area of Archaeological Interest. Any development would be subject to the appropriate planning permission.
OVERAGE
The land is subject to an Overage based on 20% of any uplift in value following the grant of planning permission for development other than that which is for agricultural or private equestrian purposes. The Overage period is 20 years from October 2020.
METHOD OF SALE
The land is offered for sale by private treaty. The freehold is available with vacant possession upon completion.
Further land may be available, please contact Vantage Land if you have an alternative budget or size requirement.
VIEWING
To arrange a site visit, please contact Vantage Land.
Marketed by: Vantage Land, St. Albans
Land Registry Data
- No historical data found.