Land for sale

Crays Hill, Essex, CM11

Guide Price £45,000
2.3 ac.

Property Description

Commercial information

  • 2.3 acres (0.93 hectares)

Key features

  • 2.3 acres of grazing land
  • Within the London commuter belt
  • In an affluent village
  • House prices in the area are 83% above the national average
  • Close to excellent transport links

Full description

Tenure: Freehold

A rare opportunity to own a parcel of pasture land in an affluent village within the London commuter belt. Measuring 2.28 acres, the land is flat and could be suitable for a variety of uses subject to planning permission.

The site is ideally placed, with the coastal town of Southend-on-Sea to the east and the City of London to the west. The area benefits from excellent transport links with the A127 offering quick access to the M25 and London. Nearby train stations offer fast, direct rail links into London within just half an hour.

The land is surrounded by housing and is situated within the affluent Essex village of Crays Hill. House prices in the area are 83% above the national average reflecting the desirability of the area as a place to own property - including land.

ACCESS
Access is off the A129 London Road from where full vehicular right of way is provided to the land by way of an easement (shown blue on the site plan).

LOCATION
- 2.0 miles to Wickford
- 2.3 miles to Basildon
- 3.0 miles to Billericay
- 7.4 miles to Brentwood
- 8.9 miles to Chelmsford
- 11.0 miles to Southend-on-Sea
- 12.7 miles to Romford
- 26.8 miles to Central London

TRANSPORT LINKS
- 0.9 miles to the A127
- 3.0 miles to Billericay Train Station*
- 3.9 miles to the A130
- 5.8 miles to the A12
- 8.5 miles to the M25 (J29)
- 10.1 miles to London Southend Airport

* Journey Times: 6 mins to Romford; 20 mins to Brentwood; 22 mins to Southend Airport; 22 mins to Stratford; 31 mins to London Liverpool Street

LAND PRICES
The supply of farmland to the market last year was down 16% compared to the previous year, and down 8% compared to the 10-year average.

Demand for land remains robust - especially from investors looking for more than a 'safe' investment in uncertain times - and this together with the diminishing supply, may help strengthen land values.

HOUSE PRICES
The land is situated in an affluent area where house prices in Crays Hill are 54% above the Essex average, 58% above the regional average and 83% above the national average. These premium house prices reflect the desirability of the area as a place to live and own property - including land.

PLANNING
The land is designated as green belt. Any development would be subject to the appropriate planning permission.

OVERAGE
The land is subject to an Overage based on 25% of any uplift in value following the grant of planning permission for development other than that which is for agricultural or equestrian purposes. The Overage period is 33 years from the date of completion.

LOCAL AUTHORITY
Basildon Borough Council

METHOD OF SALE
The land is offered for sale by private treaty. The freehold is available with vacant possession upon completion.


More information from this agent

Listing History

Added on Rightmove:
29 March 2018

Nearest stations

  • Wickford (2.2 mi)
  • Basildon (2.6 mi)
  • Billericay (3.0 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Vantage Land , St. Albans

17 High Street, Redbourn, St. Albans AL3 7LE

01727 701649 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans

Externally hosted floorplan


To view this property or request more details, contact:

Vantage Land , St. Albans

17 High Street, Redbourn, St. Albans AL3 7LE

01727 701649 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Wickford (2.2 mi)
  • Basildon (2.6 mi)
  • Billericay (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Vantage Land , St. Albans

17 High Street, Redbourn, St. Albans AL3 7LE

01727 701649 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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