The draft Further Alterations to the London Plan (FALP) were published on 15 January for consultation, raising housing targets to 42,000 a year, over the new period of 2015/16 to 2025/25, up from 32,210 a year in the adopted 2011 London Plan. This matches last year’s draft Housing Strategy totals, but now with the detail of a borough breakdown.
The first map, above, shows the proposed new annual monitoring target of each borough (click the maps for a more detailed view). To allow comparisons, I’ve split the new London Legacy Development Corporation (LLDC) target amongst the boroughs (in proportion with the LLDC’s housing capacity assessment).
Every borough’s target has increased, with Tower Hamlets keeping the top spot. Newham replaces Greenwich as the borough with the second highest target (once it’s share of LLDC housing is included).
The second map, below, shows how the new annual targets in the draft FALP differ from the old adopted London Plan targets. Tower Hamlets has much the highest absolute increase, with Southwark the next highest.
The third map, below, shows these increases as a percentage change from the previous targets. Looked at this way, Haringey sees the biggest change (over 80% higher than the previous targets), with a number of borough such as Greenwich seeing very little change.
Looking at the sub-regions, the biggest absolute increase in targets is East London, which is expected to accommodate an extra 3,767 new homes a year. Whereas West London has the biggest proportional increase, with the draft FALP target 53% higher than the adopted London Plan target. Comparing Inner and Outer London, the change is almost identical, with an increase of around 31% to 32%.
The next map, below, shows how the new targets compare to the existing housing stock. Tower Hamlets’ new annual target, for example, equates to a 4% increase on the current number of homes, every year.
For context the map below shows the average number of homes actually delivered each year, over the past five years (admittedly not a very “normal” period in the housing market).
And finally, a map comparing the new targets to past delivery. A few boroughs (notably Islington) are already exceeding the new targets, but most boroughs will need to significantly increase the number of new homes built. Kensington and Chelsea would need to more than treble its currently low delivery levels to meet the draft FALP targets.
Of course these maps are just a look at how the targets have been allocated. There is a bigger and vital debate going on about whether they are enough, whether they can be delivered, and how?