Land For Sale £420,000
A productive block of grade 3 arable land as shown outlined in red in the aerial photo extending to approximately 42 acres in total.
Description
A productive block of grade 3 arable land as shown outlined in red in the aerial photo extending to approximately 42 acres in total. North of the village of Badbury Wick, it is approximately three miles south east of central Swindon. The land has most recently been planted to wheat. Access to the land is via a gateway off Day House Lane following the track running west into the enclosure.
The boundaries comprise mature hedgerows and drainage ditches as well as some interspersed boundary trees.
Tenure and Possession
The land is owned freehold and is offered with vacant possession on completion.
Basic Payment Scheme
There are no basic payment entitlements included in the sale.
Access and Rights of Way
The land benefits from an access off the public highway to the east. There is a public footpath aligning the eastern boundary and this also crosses the south west field comer as shown for identification purposes only on the sale plan.
Environmental Stewardship
There are no Environmental Stewardship Agreements in place for the land.
Sporting, Timber and Mineral Rights
The sporting, timber and mineral rights over the land are understood to be in hand and included in the sale. The mineral rights are understood to be included in the sale in so far as they are owned.
Services
Electricity poles cross part of the land, however no access to an electricity supply exists. There are currently no water connections or other known services to the land.
Planning
The site is subject to an option agreement in the favour of Persimmon Homes which was signed in 2009 with a 21 year term. The agreement was extended in 2016 and Persimmon continue to promote the land through the planning system.
The site falls within the area identified for a 'new community' at Commonhead in the Swindon Local Plan 2026 which was adopted in March 2015. However, within this context it falls within an area identified as 'Coate Water Country Park setting' which under policy NC2 is protected from development to protect the setting of the Country Park.
The southern edge of the site contains part of the safe guarded canal corridor (Policy PEN1 1) and the western edge falls within flood zones 2 and 3 which track a watercourse along the site boundary.
There have been attempts by the owners of other parcels of land within the same Country Park setting designation to propose their land for development through the 2018 Strategic Housing Land Availability Assessment. Both sites were rejected with the Council arguing that the Badbury Park development area (which lies to the east of the site) should not extend to the west of Day House Lane. They cited contamination, proximity to the sssi, minimising landscape impact and the use of Day House Lane as a defensive barrier.
The planning prospects over the short to medium term are therefore limited, but, nevertheless, the land continues to be promoted by Persimmon under the terms of their option agreement.
Right of pre-emption
Prospective purchasers should note that Persimmon retain a formal right of pre-emption under the option agreement with the vendor. Further details are available from Savills on request.
Overage Clause
Under the terms of the option agreement with Persimmon, the vendor is entitled to 85% of the open market value of the site when the land agreement is exercised. Prospective purchasers should note that the vendor will seek to retain 42.5% of the market value generated under the option agreement (which will continue to run with the land) and this should be factored into any bids for the site. The purchaser will be required to fully comply with the obligations under the agreement with Persimmon and a copy of the option is available on request.
Acreage: 42 Acres
Directions
Please note: Currently, some of Day House Lane is temporarily closed to all traffic due to M5 J15 improvements until at least October 2021. Access during this time is possible only via the entrance to Day House Lane off the A4259, just east of the Coate Water roundabout starting on the What3Words app approximately at: ///fitter.expecting.cooked.
From J14 M4, take the A346 south then the first exit east to Badbury; continue over the motorway travelling north, loop around Medbome Lane into Meadow Way and onto Day House Lane. The access point will be found on the left hand side a short distance after crossing the A419. The gateway location on the What3Words app is approximately at ///shield.event.truly'
Description
A productive block of grade 3 arable land as shown outlined in red in the aerial photo extending to approximately 42 acres in total. North of the village of Badbury Wick, it is approximately three miles south east of central Swindon. The land has most recently been planted to wheat. Access to the land is via a gateway off Day House Lane following the track running west into the enclosure.
The boundaries comprise mature hedgerows and drainage ditches as well as some interspersed boundary trees.
Tenure and Possession
The land is owned freehold and is offered with vacant possession on completion.
Basic Payment Scheme
There are no basic payment entitlements included in the sale.
Access and Rights of Way
The land benefits from an access off the public highway to the east. There is a public footpath aligning the eastern boundary and this also crosses the south west field comer as shown for identification purposes only on the sale plan.
Environmental Stewardship
There are no Environmental Stewardship Agreements in place for the land.
Sporting, Timber and Mineral Rights
The sporting, timber and mineral rights over the land are understood to be in hand and included in the sale. The mineral rights are understood to be included in the sale in so far as they are owned.
Services
Electricity poles cross part of the land, however no access to an electricity supply exists. There are currently no water connections or other known services to the land.
Planning
The site is subject to an option agreement in the favour of Persimmon Homes which was signed in 2009 with a 21 year term. The agreement was extended in 2016 and Persimmon continue to promote the land through the planning system.
The site falls within the area identified for a 'new community' at Commonhead in the Swindon Local Plan 2026 which was adopted in March 2015. However, within this context it falls within an area identified as 'Coate Water Country Park setting' which under policy NC2 is protected from development to protect the setting of the Country Park.
The southern edge of the site contains part of the safe guarded canal corridor (Policy PEN1 1) and the western edge falls within flood zones 2 and 3 which track a watercourse along the site boundary.
There have been attempts by the owners of other parcels of land within the same Country Park setting designation to propose their land for development through the 2018 Strategic Housing Land Availability Assessment. Both sites were rejected with the Council arguing that the Badbury Park development area (which lies to the east of the site) should not extend to the west of Day House Lane. They cited contamination, proximity to the sssi, minimising landscape impact and the use of Day House Lane as a defensive barrier.
The planning prospects over the short to medium term are therefore limited, but, nevertheless, the land continues to be promoted by Persimmon under the terms of their option agreement.
Right of pre-emption
Prospective purchasers should note that Persimmon retain a formal right of pre-emption under the option agreement with the vendor. Further details are available from Savills on request.
Overage Clause
Under the terms of the option agreement with Persimmon, the vendor is entitled to 85% of the open market value of the site when the land agreement is exercised. Prospective purchasers should note that the vendor will seek to retain 42.5% of the market value generated under the option agreement (which will continue to run with the land) and this should be factored into any bids for the site. The purchaser will be required to fully comply with the obligations under the agreement with Persimmon and a copy of the option is available on request.
Acreage: 42 Acres
Directions
Please note: Currently, some of Day House Lane is temporarily closed to all traffic due to M5 J15 improvements until at least October 2021. Access during this time is possible only via the entrance to Day House Lane off the A4259, just east of the Coate Water roundabout starting on the What3Words app approximately at: ///fitter.expecting.cooked.
From J14 M4, take the A346 south then the first exit east to Badbury; continue over the motorway travelling north, loop around Medbome Lane into Meadow Way and onto Day House Lane. The access point will be found on the left hand side a short distance after crossing the A419. The gateway location on the What3Words app is approximately at ///shield.event.truly'
