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Land for Sale near Watford, Hertfordshire

Land on Old House Lane, Kings Langley, Hertfordshire, WD4 8RS

Arable land for sale with investment potential well situated near Watford, St Albans, Central London and the M25 & M1

Land for Sale near Watford, Hertfordshire

Why buy land for sale near Watford, Hertfordshire?

A wonderful opportunity for you to own a parcel of arable land in a fantastic location close to Watford and in the Greater London Urban Area. The property is suitable for a wide variety uses from agricultural activities to other recreational and leisure pursuits.

The site benefits from road frontage and gated access onto Old House Lane to the north and is surrounded in the main by woodland to the south and east.

The land is situated in the highly affluent village of Kings Langley, close to the M25 and just north of Watford - where local train stations offer fast and frequent rail links into Central London in just 16 minutes. The combination of its proximity to London and good transport links have meant that property in this area is much sought after.

Buying land for sale near Watford, Hertfordshire

The land for sale near Watford, Hertfordshire is available freehold as a whole or in lots.

Lot 1 (road frontage): 2.70 acres SOLD
Lot 2 (road frontage): 3.24 acres SOLD
Lot 3 (road frontage): 2.86 acres SOLD
Lot 4 (road frontage): 2.54 acres SOLD
Lot 5 (road frontage): 2.43 acres SOLD
Lot 6: 3.02 acres SOLD
Lot 7: 3.30 acres SOLD
Lot 8: 3.08 acres SOLD
Lot 9: 2.50 acres SOLD
Lot 10: 2.43 acres SOLD

Access

The land benefits from gated access and road frontage onto Old House Lane. Full vehicular right of way is provided to all lots via an 8m easement (shown blue on the site plan).

Land Prices

The supply of farmland to the market in last quarter is down 42% compared to the first quarter of 2016, and down 38% compared to the long-term 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.

RICS Rural Land Market Survey

The latest RICS Rural Land Market Survey reports that land prices increased by 12% over the past year as the growth in demand for farmland continues to outstrip that of supply.

Arable land prices in the East outperformed the national average increasing by over 11% in the past 6 months alone.

A significant revival in ‘lifestyle’ demand for land is pushing up land prices and supporting expectations for further increases over the course of the next twelve months.

(Source: RICS Rural Market Survey H1 2014, 08 Aug 2014)

Read more…

House Prices

The land is situated is an extremely affluent area where house prices increased by 6% last year and are 87% above the national average. These premium house prices reflect the desirability of the village as a place to live and own property – including land.

Housing Need

House prices in the Three Rivers District are very high and affordability has been worsening. Alongside the need to provide more housing to meet forecast housing growth, there is therefore a particular need to achieve more affordable housing.

The Council considers that it is appropriate for Three Rivers to provide 4,500 dwellings between 2001 and 2026, a target of 180 homes per year. Development in Secondary Centres, such as Kings Langley, will provide approximately 24% of the District’s housing requirements.

To meet development needs, it will be necessary to review the boundaries of the Green Belt at the edge of existing settlements within the district.

There will be a challenge to maintaining the extent of the Green Belt while providing for local development needs and meeting regional housing targets.

(Source: Local Development Framework Core Strategy, Adopted 17 October 2011)

Map & directions to the land for sale near Watford, Hertfordshire

Loading map of land for sale near Watford, Hertfordshire…

Location

  • To the south of Kings Langley
  • 1.6 miles to Sarratt
  • 2.0 miles to Chipperfield
  • 3.3 miles to Rickmansworth
  • 3.6 miles to Watford
  • 6.2 miles to Radlett
  • 7.0 miles to St Albans
  • 8.9 miles to Harrow
  • 9.5 miles to Uxbridge
  • 11.5 miles to Wembley
  • 19.3 miles to Central London

Kings Langley is a historic village in Hertfordshire, northwest of Watford and just 19 miles from central London. Kings Langley is part of the London commuter belt and included in the government-defined Greater London Urban Area.

Kings Langley is a popular and attractive place in which to live, work and visit. The village has range of good local amenities and the High Street has a variety of shops. The village lies close to the M25 and M1 giving it a central location in the UK motorway network.

Economically, Kings Langley is closely linked to Watford; a major regional centre for the northern home counties. The town contains the head offices of a number of national companies and is also the UK base of various multi-nationals.

The primary shopping area in Watford is the Intu Shopping Centre, a large purpose-built indoor mall with over 140 shops, restaurants and cafes. The High Street, running through the town centre, is the main focus of activity at night having a high concentration of the town’s bars, clubs and restaurants.

To the north of the town are the Warner Bros. Studios - the only Hollywood film studio with a permanent base in the UK. The studio plans to invest more than £100million into the site creating hundreds of new jobs.

Watford is served by 3 railway stations and a Tube station. These rail stations offer frequent and fast rail links to Central London in as little as 16 minutes.

Major redevelopment of Watford Junction train station is planned for the next 10 years. These include plans that are already under way to extend the Tube into the town centre by diverting the Metropolitan line branch to Watford Junction. The new route is expected to open in 2018.

In August 2014 the Transport Secretary announced proposals to extend Crossrail into the Hertfordshire area. This would connect Watford Junction to the City cutting travel times to Canary Wharf to just 43 minutes.

The land is close to many affluent towns and villages including Rickmansworth, Radlett and St Albans. These prosperous areas have many independently owned shops, boutiques, cafes and restaurants that give the area a unique character and charm.

The London towns of Harrow, Wembley & Uxbridge are all close by and provide further transport links into Central London, which is just 19 miles from the land.

Travel & Transport Links

  • 1.3 miles to Junction 20 of the M25
  • 1.3 miles to the A41
  • 1.7 miles to Kings Langley Train Station
  • 2.7 miles to Watford Tube Station *
  • 3.2 miles to Watford Junction Train Station **
  • 3.7 miles to Junction 6 of the M1

* On the Metropolitan Line of the London Tube
** Journey Times: 16 mins to London Euston; 16 mins to St Albans; 21 mins to Milton Keynes; 1 hr 8 mins to Birmingham

Planning

The land is designated as Green Belt and lies within the Chilterns Character Area. Any development would be subject to the appropriate planning permission.

Local Authority

Three Rivers District Council
Three Rivers House
Northway
Rickmansworth
Hertfordshire
WD3 1RL
Hertfordshire County Council
County Hall
Pegs Lane
Hertford
Hertfordshire
SG13 8DQ

Method of Sale

The land is offered for sale by private treaty as a whole or in lots. The freehold is available with vacant possession on completion.

Viewing the land for sale near Watford, Hertfordshire

To arrange a site visit or to buy the land for sale near Watford, Hertfordshire; please call 01727 701330 or email enquiries@vantageland.co.uk.




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The Property Misdescriptions Act 1991

Vantage Land Limited has produced these particulars in good faith but cannot guarantee total accuracy. Sizes and distances are approximate. Purchasers should verify any detail of importance prior to viewing and purchase. The particulars are not an offer or contract. Comments made in general advertising may not apply to this particular property and of course planning permission cannot be guaranteed.

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