F&HDC know the price of everything and the value of nothing 

It’s absolutely phenomenal. The value of Princes Parade, Hythe has risen dramatically. In March 2018, the land was worth a maximum of £80,000. After Princes Parade received outline planning permission the site, as of March 2019 has been revalued at £9 million. However, it is not just Princes Parade which has jumped in value.

The agricultural land at Otterpool benefited from a significant increase in value of £21.9m, from £5m to £26.9m to reflect its current market value for housing development. This unrealised gain in value for the site is seen as a highly encouraging indicator for the council’s involvement in the proposed development of the Otterpool Park Garden Town.

Let’s not forget there is a good relationship between Boris Johnson – a possible future Prime Minister and the Reuben Brothers, part owners of the Otterpool Development.

Finally, Andrew Lainton a member of the Royal Town Planning Institute made clear in 2015, Otterpool Park will be little more than an overspill town.

It seems Folkestone & Hythe District Council know the price of everything and the value of nothing.

The Shepwayvox Team

The Velvet Voices of Dissent

About shepwayvox (900 Articles)
Our sole motive is to inform the residents of Shepway - and beyond -as to that which is done in their name. email: shepwayvox@riseup.net

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