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Option agreements for land in Barnstaple

If you own land in or around Barnstaple, option agreements is one of four ways you can sell it to us. Here's how it works and when it makes sense.

An option can capture more of your land's value where it needs a long planning journey, but the details matter. We explain every term before you commit.

  • Free appraisal and written offer
  • No commission: we're the buyer
  • We fund the planning work

Get an offer for land in Barnstaple

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Free and no obligation. We're the buyer, so there's no commission.

Where Barnstaple sits

From Barnstaple, it's 8 miles to Bideford and 28 miles to Tiverton. We buy land across that whole stretch of Devon, not only within the town.

A large rural county with Dartmoor and part of Exmoor, several national landscapes, and growth centred on Exeter, Plymouth and the market towns.

TownBarnstaple
CountyDevon
CountryEngland
Postcode districtEX31
OS grid squareSS53
Nearest towns we coverBideford (8 mi), Tiverton (28 mi), Porthcawl (32 mi)
Distance from PlymouthAbout 49 miles north
Planning systemNational Planning Policy Framework and local plan
When you're paidOption fee now, price when the option is exercised
Planning costsOurs, sometimes recoverable from the price
Two people in outdoor jackets walking along a hedgerow, one pointing across the field

Is an option agreement right for your land?

  • Larger fields and blocks on the edge of towns and villages
  • Holdings where several owners need to work together
  • Land needing access or infrastructure to be unlocked
  • Sites with technical issues that need time to resolve

An option can capture more of your land's value where it needs a long planning journey, but the details matter. We explain every term before you commit.

What to check in an option agreement

Purchase price

Often a percentage of market value with permission, less agreed costs.

Term

How long we have to secure permission and exercise the option.

Deductions

Which planning and infrastructure costs come off the price before you're paid.

Exercise triggers

What has to happen before we can buy.

How a sale works

  1. Tell us about your land

    Send the postcode or address and a rough size.

  2. We check it properly

    Title, planning history, access, flood maps and local policy.

  3. You get a written offer

    With the main figures behind it, so your adviser can check it.

  4. Solicitors complete the sale

    Exchange and complete, or exchange now and complete when planning is granted.

Planning and legal points for land in Devon

Planning framework

Planning decisions in England follow the National Planning Policy Framework, revised in August 2026, and the local plan, prepared by the council or, in a national park, the park authority. Plans are reviewed periodically, which is when new housing sites are usually allocated.

Section 106 and CIL

Larger schemes often need a Section 106 agreement for affordable housing or contributions, and councils that have adopted the Community Infrastructure Levy charge it per square metre of new floorspace.

Awkward details we deal with

You want to be sure we'll actually pursue planning

Agreements can include obligations to use reasonable endeavours and set milestones.

You'd like your advisers' costs covered

Many option agreements include a contribution to the landowner's legal and agent costs. We'll tell you if ours does.

Useful to send us

  • A rough size, in acres or hectares
  • A plan, or a screenshot from an online map
  • Details of any tenants or grazing agreements
  • Photos of the land and its access

Your questions answered

What is an option agreement?

A contract that gives the buyer the right to buy your land within a set period, usually after planning permission is granted. You receive an option fee now and the purchase price if the option is exercised.

How long do options last?

It varies with the site. Several years is typical for land needing local plan allocation, often with extension rights.

What's the difference between an option and a promotion agreement?

Under an option the buyer has the right to buy the land. Under a promotion agreement a promoter gets permission and then sells the land on the open market, taking a share of the proceeds. We offer options, not promotion agreements.

Do you cover the villages around Barnstaple?

Yes. Villages between Barnstaple, Bideford and Tiverton often have the kind of edge-of-settlement land we're looking for.

Get a straight answer about your land

A free appraisal tells you what we'd pay and why.