Roseacre Development at Hogg Hill, Bearsted – Net increase in value of £175,000

Roseacre Development at Hogg HIll

Country House achieved planning to enhance an existing scheme in garden land at Hogg Hill, Bearsted.

Facts and figures:

  • Original site value – £145.000
  • Net total revenue to land-owner post planning and sale – £320,000
  • Net increase in value of 121% (£175,000)

Our viewpoint
The site at Hogg Hill already benefitted from planning permission for a pair of semi-detached houses. Our view was that the site was capable of sustaining a much more valuable scheme.

This site required an understanding of the local market in order to maximize the value. Bearsted is a highly desirable village and developments close to the green and station always attract a high premium. By reducing garden space and creating a 3rd floor, we designed a layout which could support a terrace of 3 x 4 Bedroom townhouses. The final designs were contemporary and extremely well suited to this market allowing for it to gross close to £1m.

It’s fair to say that this development was real battle for us however through perseverance and hard work (over 2 years) we were able to achieve planning permission for the new scheme. Consequently the landowner achieved well over twice their original value!