More than 60 acres of green open spaces in Caversham have been sold off at auction.
At an auction on July 15, private developers sold five lots of open land in Reading in the following areas:
- The north west side of Burleigh Mews (RG4 6QT) – 29.31 acres sold for £126,500
- To the east east of Peppard Road (RG4 6NN) – sold for £104,250
- Caversham Park Road (RG4 6PZ) – sold for £30,500
- Newton Avenue (RG4 6PB) – sold for £5,000
- To the south east of Montpellier Drive (RG4 6PB) – sold for £15,200
More details on the auction are available here.
The unknown buyers bought a total of 61.3 acres of land in Caversham – a mix of highway, paths, verges and numerous small parcels of open space – for a total of £281,450.
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Some residents have raised concerns about the plans and Matt Rodda, MP for Reading East, said he is looking into the sales.
He said: “Residents will rightly have concerns that a new developer may want to build on these open spaces.
“I wanted to assure you that I am making enquiries with the land registry, Reading Borough Council and others to find out exactly what is happening.”
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The pieces of land are in established residential areas next to the Caversham Park Estate including:
- Caversham Park Road
- Lowfield Road
- Dunbarton Way
- Pendennis Close
- Dunster Close
- Littlestead Close
- Abingdon Drive
- Ragley Mews
- Milestone Way
The auction guide says the sites have “speculative potential for future development subject to planning”.
It adds: “We believe the title will comprise land that is publicly adopted. Buyers should make their own enquiries in this regard.”
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