| Purchase Wiclif Way, Nuneaton, Warwickshire, CV10 |
| Sale Abbey Lane, Leicester, Leicestershire, LE4 |
| Purchase Bourton Way, Wellingborough, Northants, NN8 |
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Planning of the High Speed 2 (HS2) rail link between London and the North is now underway. The first phase is between London and the West Midlands and could be up and running by 2026. However, construction works are due to begin as soon 2017. HS2's affect on property values and the environment is of concern to many Nuneaton inhabitants. To check whether your property is within 200 metres of the proposed HS2 route, your solicitor will carry out a local authority search. The exact distance between a residence and the proposed route will be difficult to ascertain reliably, as will be the impact on nearby property.
Only residences within 200 metres of HS2 construction work and the route itself will be identified during a local authority search. Furthermore building works will last for at least 8 years, meaning massive disruption for nearby residents just from the construction phase. Clear mapping to the closest point of the HS2 line is available via a thorough High Speed 2 search:
The HS2 search also includes £10 million indemnity. If you are concerned and want more detailed information you should raise this with your conveyancing solicitor.
Homes beyond the 200m threshold identified a local authority search will still be affected by issues such as noise, construction and road traffic. A HS2 search is also of relevance to buyers within 200m of the line. Certainly if the search suggests that your new home will be affected, you should bear in mind that once construction starts and the London to Birmingham HS2 Rail link becomes operational, current compensation legislation for noise and other blight factors (particularly any impact on the enjoyment of a view) can be a very drawn out and often unsatisfactory process. Fridaysmove do not intend to comment on the merits of the HS2 scheme.
The sellers conveyancing solicitor will confirm the council tax banding and rates for the house or flat being sold. Nuneaton Council Tax rates are set by Nuneaton and Bedworth Council. 2012/13 bandings are* -
*Source - www.communities.gov.uk
Abbey area, Bulkington and the Town centre.