North Northallerton Development Area - Hambleton District Council

North Northallerton Development Area – Masterplan Framework & Design Guidance
4.30 Property Market
The site provides a significant supply of land for housing
and employment, with multiple accesses.
The site relates well to existing employment in
Northallerton and the town centre.
Northallerton is the main service centre for the district
and the wider area. It includes a wide range of services,
facilities and employment opportunities and is well
connected by road and rail.
Northallerton is a compact centre with a good range of
national multiple and independent retailers.
The residential market benefits from high levels of home
ownership and house prices above average for North
Yorkshire.
Part of the development site
4.31 Delivery & Risks
The NNDA is a large Greenfield site, allocated for mixed
use development including housing, employment and
ancillary uses.
Hambleton District Council and the Homes and
Communities Agency are committed to enabling delivery
of the site.
Borrowing costs remain low.
Initial financial appraisals highlight the overall viability of
the NNDA.
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