The expansion with a third runway at Heathrow Airport was recommended by the Airports Commission in 2015.
Key aspects of the airport expansion include:
- Two main passenger terminals and transport hubs – Heathrow West and Heathrow East (an extended Terminal 2);
- Improved cargo facilities and double their capacity;
- A three-runway.
- Improvements to rail, bus and coach services.
However, to expand Heathrow Airport additional land will be required beyond the existing Heathrow airport boundary. This will mean the acquisition of additional land including residential, commercial and agricultural properties by either private negotiation or Compulsory Purchase.
The Airports Commission recommended to the Government that land beyond the existing boundary will need to be acquired, and should be referred to as the Compulsory Purchase Zone – also known as “the CPZ”. The CPZ boundary is outlined in red below:
The CPZ compensation offer is understood to include:
- the unaffected market value of the property – so the value of the property as if expansion had never been proposed
- a home loss payment of 25 per cent of the unaffected market value; plus
- stamp duty costs for purchase of a replacement property of equivalent value; plus
- reasonable legal and moving costs.
Heathrow Airport do not intend to start purchasing properties until planning consent is received with current expectation being that planning process will be completed at in 2021.
Please contact the Kinney Green professional department should you require further information on Compulsory Purchase: