Mid Devon Five Year Land Supply

7 august 2015 five year supply update and implications cabinet member.
Mid devon five year land supply. Mid devon in a dreadful situation over its supply of homes to meet five year demand. The paper sets out that the local plan provides sufficient housing to meet the housing. Head of planning regeneration reason for report. In the subsequent five year period 2023 24 2027 28 a housing land supply of 9 10 years is demonstrated.
Demonstrated based on the most appropriate approach in the context of mid devon s planned housing supply and historic delivery. View the latest housing land availability summary and five year housing land supply updates. No part of the housing land supply in this period is dependent on delivery of the tcrr. Average annual housing completion rates 356 had under delivered against targets cor3 target of 390 and the full objectively assessed need foan of 370 therefore.
Mid devon has a deliverable housing land supply of approximately 4 4 5 years as compared with a requirement for 5 years note these figures covered the period 2015 2020. The inspector had summarised that mid devon had a deliverable housing land supply of approximately 4 4 5 years as compared with a requirement for 5 years average annual housing completion rates. Average annual housing completion rates 356 have under delivered against targets cor3 target of 390 and the full objectively assessed need foan of 370 therefore. To advise the members on the most recent five year housing land supply calculations and to recommend a course of action to minimise the risk of.
Economy and housing market take the blame as developers struggle to complete homes in mid devon. Richard chesterton responsible officer. Mid devon has a deliverable housing land supply of approximately 4 4 5 years as compared with a requirement for 5 years. This is based on a five year supply of 2840.
The five year housing land supply position is as follows. In summary as at april 2016 the inspector concluded.