Summary - Green Lea, Stoneyford, CULLOMPTON EX15 1NU
1 bed 1 bath Land
Level paddock with services and motorway access ideal for development-minded buyers.
Adjoins Cullompton settlement boundary, 0.81 acres (0.33 ha)
Mains water connected; electricity pole on site
Very close to M5 Junction 28 and 0.7 miles from town centre
Two access lanes to A373; gated entry on both boundaries
Freehold (possessory title) — check title particulars
Sold with 30-year overage: 25% of development uplift payable
Within Flood Zone 2 and a Nitrate Vulnerable Zone (NVZ)
Viewing strictly by appointment; sold with vacant possession
A level grass paddock of 0.81 acres (0.33 ha) positioned immediately adjoining Cullompton’s settlement boundary — a clear location advantage for future land-value uplift. Mains water is connected and an electricity pole is on-site, reducing initial service costs compared with remote greenfield parcels. Vehicular access is available via lanes on the eastern and western boundaries which link to the A373 and Junction 28 of the M5 is only 0.3 miles away.
This lot is offered freehold (possessory title) and is being sold subject to a 30-year overage provision: if planning consent for residential or commercial use is granted within that period, the seller will receive 25% of the increase in value as assessed by an independent valuer. The site lies within Flood Zone 2 and a Nitrate Vulnerable Zone (NVZ), matters that will affect planning considerations and drainage strategy.
Suitable for investors or developers prepared to engage with the planning process, the land presents a near-town, well-served opportunity with clear access to services. Buyers should allow for typical greenfield constraints: planning uncertainty, ecological and nitrate assessments, and the overage covenant. Viewing is by appointment only and the land will be sold with vacant possession on completion.
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