If you think it’s spurious how much do you think it’s adds to the cost of a house then?This quote is hidden because you are ignoring this member. Show Quote
Prices vary massively across the country and location but a figure of £15k per acre for arable land looks a half decent average.
An acre of land with planning permission for housing goes for many multiples of that. Again varies by location but a multiple of 8x to 10x s not out of the question.
So the estimate of £100k per house looks pretty sensible. Some figures I’ve seen suggest all the way up to about 65% of the cost is the land.
But again if you think this is all made up to meet certain ’agendas’ you could always come back with some evidence to show that land prices don’t actually increase massively (and thus push the cost of the resultant houses up substantially) after getting planning to build on them and add some facts n figures to your claim.
Results 1 to 30 of 1132
Thread: Housing
Threaded View
-
05-09-2024 01:59 PM #11
Housing
Last edited by RyeSloan; 05-09-2024 at 02:05 PM.
Bookmarks