The village of Kings Cliffe is located in East Northamptonshire, between Corby and Peterborough. Its location in the county means it is ideal for development.
Northamptonshire benefits from being located at the ‘crossroads of England‘, and therefore continues to be popular with businesses, especially major national companies which need centrally located distribution centres. The large companies expand local communities regularly as people move into the area to work.
Northamptonshire council has a dedicated investment promotion agency, and regularly produces strategy documents to cover development up to 2021. The latest report announces that the county is required to provide 99,950 new homes by 2021, after a study commissioned by Invest Northamptonshire and Northamptonshire County Council (Northamptonshire Commercial Property and Employment Land Assessment, 2008).
The county has planned to “make suitable land available for development” to cover demand through to 2021, in line with the government’s Planning Policy Statement (PPS) 1: delivering sustainable development. Northamptonshire has projected that the remaining demand to take it through to 2021 is 406,644 square metres of warehousing floor space, and a massive 654,861 square metres of office space (Northamptonshire Commercial Property and Employment Land Assessment, 2008).
These new developments are positive news for investors in the region, showing the strides Northamptonshire is ready to take once the economic upswing begins and confidence returns to developers.
In the village of Kings Cliffe itself, adjacent to Aston Lloyd’s land, average house prices for a one bed, as of March 2010, were £141,000, up 1.6% from February. The average price for a four bedroom house in March 2010 is £438,000, up a massive 7.6% from February, showing that, in this region at least, the recovery is well and truly underway.
