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External link to STOP STANSTED EXPANSION campaign

Stop Stansted Expansion

COST OF AIRPORT BLIGHT NOW EXCEEDS £600 MILLION

(press release issued 23 August 2005 by Stop Stansted Expansion)

The cost of airport–related housing blight resulting from plans to expand Stansted since they were first announced in July 2002 now averages £30,216 for each Uttlesford homeowner and totals £635 million across Uttlesford District as a whole according to analysis taken from the latest Government Land Registry house price statistics.

House prices in Uttlesford have lagged well behind the rest of the market over the past three years and the owners of all kinds of homes have lost out. Overall, Uttlesford values have risen 24.6% since July 2002 whereas for Essex as a whole the increase has been 38.5%. Detached homes have been worst affected, with an average shortfall of £44,025 per property. For the owners of semi–detached homes the average shortfall is £17,279. For terraced homes the shortfall is £14,190 and for flats and maisonettes £12,453.

The significance of these comparisons with the Land Registry house price index for Essex from July 2002 is underlined because this is the basis used by BAA, the operator of Stansted Airport, for calculating homeowner compensation when offering to buy properties near the airport.

However, BAA is only prepared to consider compensation for about 500 homes in the immediate vicinity of the airport despite the clear and continuing evidence from the Land Registry that the number of homes affected is far higher than this, at around the 12,000 mark. The Government's Air Transport White Paper placed an obligation upon BAA to compensate homeowners for the impact of generalised blight.

Not all homes in the district are affected to the same degree. While house prices in the northern part of the district (those with CB postcodes [see Note 1]) have just about kept pace with the market over the past three years, it is a different picture across the southern part of Uttlesford where prices have generally suffered worse than Uttlesford's average.

The 12,000 homes adversely affected by airport–related blight are mostly in the six CM postcode areas around the airport in the southern part of Uttlesford but a limited number of properties in adjacent postcode areas, including some in East Herts District, are also affected.

Commenting on these latest figures, Peter Sanders, Chairman of Stop Stansted Expansion said: "We hear so many claims from BAA about the economic benefits of the airport but here we have a clear economic cost of £635 million to local homeowners. Coming on top of the report earlier this month that air travel cost the UK economy a £15 billion balance of payments deficit last year, one begins to wonder whether there is any net economic benefit, other than to BAA itself."

NOTES FOR EDITORS

The Land Registry records all house prices in England & Wales and publishes a quarterly report showing average prices by region, county, district and postcode area. The Land Registry also publishes average prices by type of house for detached, semi–detached and terraced houses and for flats/maisonettes.

  • Note 1:

    The four CB postcodes covering the northern part of Uttlesford are:

    • CB10 1 – includes Saffron Walden (part) and The Chesterfords
    • CB10 2 – includes The Sampfords, Radwinter, Wimbish, Ashdon and Hempstead
    • CB11 3 – includes Newport, Quendon, Rickling, Wicken Bonhunt, Debden and Widdington
    • CB11 4 – includes Saffron Walden (part) Clavering, Arkesden, Elmdon and Wendens Ambo
  • Note 2:

    The six CM postcodes covering the southern part of Uttlesford are:

    • CM22 6 – includes Ugley, Henham, Elsenham and Takeley, including BAA's HOSS area
    • CM22 7 – includes The Hallingburys, Hatfield Heath, Hatfield Broad Oak and Sheering
    • CM24 8 – includes Stansted Mountfitchet and Burton End
    • CM6 1 – includes SW Dunmow, Barnston, the Canfields and the Rodings
    • CM6 2 – includes Thaxted, Broxted, the Eastons, Duton Hill and Tilty
    • CM6 3 – includes East Dunmow, Stebbing, Felsted and Lindsell

FURTHER INFORMATION:

SSE Campaign Office:

Telephone 01279 870558

Email info@stopstanstedexpansion.com

Web www.stopstanstedexpansion.com

"Our Community – Our Responsibility"


Related links:

"Parliamentary Support for Those Affected by Airport Blight Reinforces High Court Challenge to BAA" - press release issued 29 November 2005 by Takeley Parish Council

"Takeley Parish Council Renews Claim for Judicial Review of BAA's HOSS Compensation Scheme" - press release issued 14 March 2005 by Takeley Parish Council

"HOSS legal challenge thrown out by judge" - Dunmow Observer 10 March 2005

"BAA Slur Condemned by Takeley Parish Council" - press release issued 25 January 2005 by Takeley Parish Council

"BAA the Target of Legal Action Over Expansion Blight" - press release issued 2 January 2005 by Takeley Parish Council

"Legal Action Initiated Over Stansted Expansion Blight" - press release issued 16 November 2004 by Takeley Parish Council

"BAA consider special cases" - press release issued 2 November 2004 by BAA

Open letter to BAA on the revised scheme - issued 7 October 2004 by Takeley Parish Council

"Victims of a Petrified Housing Market" - press release issued 2 October 2004 by SSE

"Local estate agents back Stansted's development" - press release issued 28 September 2004 by BAA

"BAA disregards compensation obligation" - press release issued 21 September 2004 by SSE

"New initiative launched at Stansted" - press release issued 21 September 2004 by BAA

BAA's "Home Owner Support Scheme" revised September 2004 in Acrobat ® format 1.2 MB BAA's "Home Owner Support Scheme" - revised September 2004 (Acrobat ® format, 1.2 MB)

Takeley Parish Council

SSE Media Centre

BAA Media Centre


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