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Residential building land figures - 2008 - Midlands

Typical values of land for residential development as at 1 January 2008

The values should be regarded as illustrative rather then definitive and represent typical levels of value for sites with no abnormal site constraints and a residential planning permission of a type generally found within the area.

 

** no evidence to indicate a separate market for this category of land.

EAST MIDLAND

 

REGION

Small Sites
(sites for less than five houses)
Bulk Land
(sites in excess of two hectares)
Sites for flats or
maisonettes
£s per hectare
£s per hectare
£s per hectare
Lincoln 2,300,000 2,200,000 2,250,000
Mansfield 1,200,000 1,100,000 1,200,000
Nottingham (suburbs) 3,000,000 2,500,000 3,000,000
Derby 2,400,000 2,200,000 2,500,000
Leicester 2,600,000 2,400,000 2,600,000
Northampton 2,500,000 2,500,000 2,500,000
Loughborough 2,600,000 2,400,000 2,600,000

Regional Reports

North East

North West

Merseyside

Yorkshire and the Humber

East Midlands

West Midlands

East of England

Inner London

Outer London

South East

South West

Wales

Scotland