Episode II was in October 2014. The same developer applied for planning permission to build 5 new homes on the same plot but this time rotated through 90 degrees so the homes faced Sandringham Gardens. This application was refused permission by Redbridge Council and the applicant appealed to the Secretary of State. However, the appeal was withdrawn before it was considered.
At about the same time, in October 2015, the applicant made a third Planning Application, Episode III, this time for 4 new homes again facing Sandringham Gardens. This application was due to be considered at Regulatory Committee next week on Monday 18th January with the Officer’s Report recommending “Grant Permission”. However, the application was withdrawn on Monday 11th January for “commercial reasons”.
Why, you may ask? My guess is that the developer doesn’t actually own all the land on the plot - yet. You don’t have to own a property to apply for planning permission, silly isn’t it, but there you are, those are the rules. I think what we are seeing here is a game of cat and mouse, or poker. Once planning permission has been granted the value of the land attains a premium value. Perhaps someone is holding out for an inflated price for their land?
|The plot viewed from Sandringham Gardens|