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If five homes sell for £750,000 each, it’s tempting to assume the land must be worth millions. But land value is not driven by headline sale prices alone. Construction costs, planning fees, infrastructure contributions, finance and risk all shape the final figure. In this article, we explain how development budgets work, and why realistic, risk-adjusted appraisals determine what land is truly worth.

Thinking of developing your land? Before you focus on house prices or land value, it’s vital to understand the planning constraints that could shape - or stop - your scheme. From Green Belt and flood risk to TPOs, ecology and access, most sites aren’t constraint-free. In this guide, we break down the key issues to check before pursuing planning permission, so you can make informed, commercially sound decisions.