For anyone involved in buying or selling a property, the risk of local development is important to understand. Property development can impact local infrastructure, the aesthetics of an area, views, traffic volume and of course, property value.
This impact isn’t always a negative, although we tend to be opposed to local development than for it! Disused buildings can quickly become eyesores and a magnet for anti-social behaviour. Developing these plots can have a hugely positive impact on an area, so understanding just what is planned and what has potential for planning in our neighbourhood is key.
Better the devil you know
How likely are you or your clients to be affected by property development?
County councillors have decided to proceed with a planning application for a new access road in Stafford that would unlock up to 2,500-home developments around the town edge of the town. Similar relief road schemes across the country are now opening up development risks for existing residents affecting their previous tranquility.
The Stafford Western Access Route, which would connect the A518 Newport Road with the A34 Foregate Street via a new 1.2 km stretch of road, was approved by Staffordshire County Council’s planning committee this month (November 2015).