Affordable housing type Assessed cost of assumed Cost of provision with of dwelling subsidy at 52% of 10% administrative market value costs (rounded down to nearest £1000) Smaller dwellings 1-2 person (circa £135,000 £70,200 £77,000 37-79 sq m) Medium sized houses (circa 80 sq m £190,000 £98,800 £108,000 or more) Assumed size: As per national minimum space standards, Table 23 p196 of the Local Plan. Where commuted sums are accepted, they should match the value of on-site provision as calculated above (and updated for inflation). A requirement calculator is set out in table 3.3 below, (which opens as an Excel spreadsheet). It is noted that commuted sums may be for fractions of dwellings as well as whole dwellings. This should not be taken to imply that contributions will be acceptable. 3.3 Affordable Housing Commuted Sum Calculator (per dwelling or part of) Brownfield 1 - 2 bed dwellings Dwelling range No. of Proportion No. affordable Contribution Total dwellings dwellings per affordable contribution dwelling 15 - 19 15 15% 2.25 77,000 17,3250
Affordable housing type Assessed cost of dwelling of assumed subsidy at 52% of market value Cost of provision with 10% administrative costs (rounded down to nearest £1000) Smaller dwellings 1-2 person (circa 37-79 sq m) £135,000 £70,200 £77,000 Medium sized houses (circa 80 sq m or more) £190,000 £98,800 £108,000 Assumed size: As per national minimum space standards, Table 23 p196 of the Local Plan. Where commuted sums are accepted, they should match the value of on-site provision as calculated above (and updated for inflation). A requirement calculator is set out in table 3.3 below, (which opens as an Excel spreadsheet). It is noted that commuted sums may be for fractions of dwellings as well as whole dwellings. This should not be taken to imply that contributions will be acceptable. 3.3 Affordable Housing Commuted Sum Calculator (per dwelling or part of) Brownfield 1 - 2 bed dwellings Dwelling range No. of dwellings Proportion No. affordable dwellings Contribution per affordable dwelling Total contribution 15 - 19 15 15% 2.25 77,000 17,3250