The Two Things You MUST Know When Looking For A Plot

 

Looking for a plot of land to build on is one of the most challenging aspects of building your own home. Setting aside the normal requirements of buying a house e.g. getting the right location, access to amenities and schools and so on, you have the additional consideration of viability as a self-build plot.

There are tonnes of articles online that go into huge detail about how to find your perfect plot. At Complete Oak Home we like to keep things simple, and so have highlighted below the two most important things you need to consider. The first being plot viability and the second financial viability.

Looking For A Plot Of Land To Build On – 2 Key Things To Find Out:

1. Plot Viability

When considering the viability you should look at the likelihood of getting planning permission for the house you want to build. First look at the current use of the land and its relationship to other development. Look for a plot that already has residential use and either has a building on it or is within a development boundary. Infill plots or large gardens can present an opportunity. If you would like advice on planning viability feel free to call us. We can usually carry out some preliminary evaluation and advise you free of charge.

Next, investigate the chances of being able to put up a house of the size and style that you want. Local planning policy will guide you. If there is an existing house on the plot the policy will guide you on how much of an increase in size you will be allowed with your new house. If you want to re-locate your new house on the site there may be a natural ‘building line’ which the planners would want you to stay within.

IF YOU HAVE A PLOT, AND WOULD LIKE TO TALK TO ONE OF OUR PROJECT ADVISORS ABOUT GETTING PLANNING PERMISSION, BUDGETING, BUILDING COSTS OR ANYTHING ELSE RELATING TO BUILDING A BESPOKE HOME, SCHEDULE A CALL HERE TO PICK OUR BRAINS!

2. Financial Viability

For most people financial viability is also a consideration. Once they’ve finished their project they want the property (house and land) to be worth at least as much as they have invested in it. If you intend to live in the property for a long time then you may be comfortable with a break even position or even a small loss in the short term.

How to find a plot:

  • Net based plot finding services, normally subscription based where you can set search criteria.
  • Identify the area in which you want your plot and register with estate and land agents. Keep reminding them you’re serious. In our experience you’ll drop off their radar quite quickly so a regular phone call reminds them you’re still there.
  • Some people have been very proactive, dropping leaflets through the doors of houses with large gardens that might be appropriate for splitting.

We hope this information gives you some insight into how to find a plot for your project. However, there are many things that are project specific. If you would like to talk to us about your new oak frame house please don’t hesitate to call us on 01249 479890, we’re very happy to help.

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