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The latest update of the housing land supply position in the borough has been undertaken. The update relates to the 5 year period between 1 April 2020 and 31 March 2025.
The housing land requirement for this 5 year period has been calculated using the standard method in national planning guidance. This establishes a minimum annual local housing need figure as at 1 April 2020 and applies this figure over the 5 year period to 31 March 2025.
The identified 5 year requirement from 1 April 2020 to 31 March 2025, applying the standard method, is 2,494 additional dwellings. This reflects an annual requirement of 475 dwellings, plus a necessary 5% buffer to ensure choice and competition.
Taking into account the number of dwellings expected to be completed on those sites with planning permission as at 1 April 2020 (excluding those on small brownfield sites (under 10 dwellings) in respect of which a windfall allowance is made, based on past completion rates) and applying a discount for the estimated rate of lapsed planning permissions, based on past lapse rates, the identified five year supply from 1 April 2020 to 31 March 2025 is 2,573 dwellings (515 per annum). This equates to a supply of 5.16 years.
Further information relating to the updated calculation of the housing requirement and the update housing land supply is set out in the following documents:-
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