Research out today by law firm Bond Dickinson shows that 58 applications were made last year for CPOs compared to just 36 in 2013 – the lowest level since 2003.
Most of these were successful with more than 95 per cent of housing and planning CPOs filed between 2012 and 2014 given the go-ahead.
Bond Dickinson legal director Frank Orr said: “This significant recovery in the number of planning CPOs submitted... may be a positive indicator of returning confidence in an economic upturn.”
Compulsory purchase orders allow land or property to be obtained without consent of the owner and are typically enforced when a development is considered to be in the public interest.
Croydon Council last year granted a CPO that allowed Westfield and Hammerson to push ahead with the £1bn redevelopment of the Whitgift Centre, handing them powers to take control of the interests of leaseholders and some freeholders in the existing centre.