It is anticipated that some BNG units could fetch £40,000 though more in certain “High” and “Very High” distinctive habitats. You could potentially create 7 or 8 units per hectare though equally some habitats may create just 1 unit per hectare.
Keep in mind that the cost should be enough to create or enhance the habitat and take care of it for 30 years. This long-term view is key to the success of biodiversity net gain.
The number of Biodiversity Net Gain (BNG) units you can create depends on several things. These include how unique the habitat is, the current state of the habitat, whether it’s in an important local strategic area, how hard it is to improve that type of habitat, and a factor that lowers the value of habitats that are far from the development (Spatial Risk). This last factor means that the number of units needed and the number available can vary in different places creating differing supply and demands based on location.
Things can get tricky depending on the Local Planning Authority (LPA) area or National Character Area (NCA) you’re in. For example, you could be in the NCA of the North Downs in Guildford, and a development site two hours away in Dover might be in the same NCA. In this case, you wouldn’t face a penalty. However, if the development site is very close but just outside the LPA or NCA boundary, a developer will have to buy more units and this will affect price.