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Assets of community value

What is an asset of community value?

An asset of community value is a building or piece of land that is used to further the social wellbeing or interests of the local community. Examples of community assets include:

  • village shops
  • pubs
  • community centres
  • children's centres
  • allotments
  • libraries

What are the criteria required to be given this status?

To be listed as an asset of community value, a piece of land or building must be nominated by an organisation with a local connection, and meet certain legal criteria.

A building or piece of land is deemed to have community value if:

  • The use of the land or building currently, or in the recent past, furthers the social wellbeing or social interests of the local community. This includes cultural, recreational or sporting interests
  • The use of the building or land will continue to further the social wellbeing or interests of the local community
  • Meeting the interests of the community must be the principle purpose of the land or building

Residential properties, their gardens, outbuildings and other associated land cannot be listed as community assets.