Farmland behind house being sold... devaluation question etc

RelievedSheff

mark25810 said:

Hi there i hope someone can help, where we live we have farmers fields all being our side of the close then a thin lane and then its all more farmersland as far as the eye can see

We saw for sale signs on the lane when we drove that way and it seems they are selling the field directly behind out garden the one to the left and then thenone near that (goes into a upsidedown L-shape all 3 together.)

We are dreading if housing is behind built or will be if sold.

It will certainly devalue our house, can we claim for this if it happens? As it would not be fair

Is this a genuine post?

You do not own the land that is for sale. Why do you think anyone owes you compensation? And what exactly do you expect compensation for?

You bought the property you have and the land it sits on not the surrounding land that is for sale. You may well like your view of fields but you have no right to expect that view to remain. The UK does not have enough housing stock, whilst ever that is the case then living next to fields will always be a risk. 

You may be surprised to find that new build developments may well increase the value of your property. The developers market at the highest price they can which tends to drag the resale prices of surrounding properties up as well.

LightFlare

Similar happened near a family member.

The properties that would have been potentially affected clubbed together and bought the land themselves. Sure fire way of stopping it if you want

Grumpy_chap

Bookworm105 said:

the only (?) instance where you have a 99.9% chance of retaining an "open" view is if you overlook a cemetery and it has not yet been 50 years since the last interment.

Some views are protected by Act of Parliament.
The view of St Paul's Cathedral from Richmond Hill is one such.

In the OP's case, there does not seem to be any grounds for compensation - their best hope is to oppose any planning application on the basis of flood risk, loss of greenbelt (are there any specific species habitats?), traffic, infrastructure, services.  AIUI, one of the flagship policies of the newly elected Government was to make it easier to develop on previously unbuilt sites so this may make the greenbelt classification of less value than it was previously.

YoungBlueEyes

If you could find out the asking price, that'll give you a big clue. Farm land is a lot cheaper than prime development land...

ThisIsWeird

To be fair, it ain't fair.
It's a lottery - some folk will have their homes devalued by a loss of outlook, a stunning view being completely blocked, or by an abrupt change of scenery - 100s of houses instead of green fields.
Others - and at some ultimate point, this will be a literal next door neighbour to one suffering this loss - will not.
Of course it ain't fair.
But almost certainly nothing can be done about it.

MobileSaver

mr_stripey said:

no one owns a view unfortunately

This is incorrect and @MattMattMattUK gave the right answer, "if you want to keep the view you need to own it".

I did exactly this and bought a 20-odd acre plot; I own literally as far as the eye can see from my house.

Eldi_Dos

The assumption that living next door to a field is desirable and adds value to a property does not sit well with me, drift from spraying is common and is something I would consider.
Anyone starting out and bringing up a young family would do well take that into account when buying a property.

MobileSaver

Eldi_Dos said:

The assumption that living next door to a field is desirable and adds value to a property does not sit well with me, drift from spraying is common and is something I would consider.
Anyone starting out and bringing up a young family would do well take that into account when buying a property.

The chance of living so close to a field that spray is an issue is tiny; the risk that the spray is toxic is miniscule.

There are some things in life that people should worry about but this isn't one of them. You don't need to be Einstein to work out that the benefits of living next to open countryside far outweigh any paranoid concerns!

Section62

Sapindus said:

mark25810 said:

As it would not be fair

Interesting interpretation of the word "fair"...

Not sure what interpretation you have of the word then, but I think the OP has a valid point.  Under the current system the landowner and developer make all the profit (after the local authority and government take their cut) but the local community have all the hassle of living with years of uncertainty and disruption and at the end of it find themselves living in a different place to that where they purchased.

In terms of 'fair'ness, the current system also contains the inequity that compensation is usually not due to neighbours when a private developer does something, but if a public body caries out work on land the neighbours often have a statutory right to compensation reflecting the depreciated value of their interest in land (Land Compensation Act 1973).

Some of the responses the OP has had seem rather harsh and unkind to what was a fairly reasonable post.  I have to wonder how the authors of those posts might react if the government proposed building a new road/railway/pylons/incinerator/nuclear power station near their homes, and whether they would welcome it with open arms or stamp their feet and complain bitterly that it wasn't right?  For some reason new housing seems to be treated differently to all the other infrastructure society needs to function - often required to support housing growth - so I can see how some people would see that as unfair.

Eldi_Dos

MobileSaver said:

Eldi_Dos said:

The assumption that living next door to a field is desirable and adds value to a property does not sit well with me, drift from spraying is common and is something I would consider.
Anyone starting out and bringing up a young family would do well take that into account when buying a property.

The chance of living so close to a field that spray is an issue is tiny; the risk that the spray is toxic is miniscule.

There are some things in life that people should worry about but this isn't one of them. You don't need to be Einstein to work out that the benefits of living next to open countryside far outweigh any paranoid concerns!

Experience has taught me different so I do not think it is paranoid to learn from that.