Buying some extra land

[Trustmeimadoctor]

Hi thanks for any help you can give.

behind our house there is a patch of land with some trees on it and an old potting shed and a corrugated sheet structure.

anyway we have been thinking we would like to buy it. BUT i have no idea how to go about it or the sort of costs it may involve. I know there isnt a fixed price for land like this opposed to agricultural land so its down to a figure that would make them sell rather than what it really costs.

but any ideas or suggestions ? yellow is the area im interested in. it has a dropped kerb infront of the access

anything else please ask oh google earth measures it at roughly 630sqm

Edited by Trustmeimadoctor on Thursday 17th April 13:03

[Steve Campbell]

I can't help you with the details, but go into this fully appreciating the cognitive bias of "endowment effect"

http://en.wikipedia.org/wiki/Endowment_effect

In other words, they will think the land is worth twice what you think, simply because they have it :-)

[benters]

I will PM you

[Trustmeimadoctor]

benters a more upto date photo inc our plot

[netherfield]

Is it ever likely to get planning permission? and how much value will it add to your property.

It's then worth what you or someone else is willing to pay.

[E36GUY]

If that's got access then it looks like potential for a building plot for sure

[Muncher]

E36GUY said:

If that's got access then it looks like potential for a building plot for sure

Doesn't look like it is wide enough for vehicle access.

[Trustmeimadoctor]

i suppose all i can really do is ask

plan was to knock through the fence take down the buildings put up a double garage with some hard standing parking .

tbh they will end up wanting too much but i can but try

[Muncher]

If it does have vehicle access then they may well start the negotiations at 1/3 the value of whatever house you could build on there.

If it has no development value then you could pay anything really, it entirely depends on whether they are interested in selling.

[Trustmeimadoctor]

its wide enough just i think. it wouldnt fit a hummer but..

[z4chris99]

could get a house or two on there...

is it owned by the chap on the left with a forest for a garden?

[Condi]

How much do you want it?

Land always look expensive at the time, and cheap in heinsight.

[Revisitph]

http://www.landregistry.gov.uk/

Like everything else (passport, tax etc) make sure you use the .gov.uk site as there are lots of shyster sites above it in Google. You may well be able to find out who owns it from there. I used it to find lock up garage owners - very heavy going as it is less precise when one's got a row of lock-ups to try to separate from each other, but you may find it easier with a plot of land like that.