Asset of community value

[7] The listing of a property as an asset of community value lasts for five years after which it is automatically delisted and the restrictions imposed by the covenant are removed.

[citation needed] Between 6 March 2015 and 22 May 2017 there was special protection in place protecting ACV listed or nominated pubs from a change of use or demolition under the 'permitted development' rules in the General Permitted Development Order.

From 23 May 2017 onwards this protection is extended to all pubs regardless of their ACV status, under the Amendment to the GPDO (SI 2017/619).

[citation needed] By late 2015, of about 860 pubs across the country which had registered as ACVs, twelve had been acquired by groups under the community right to bid and none had been purchased under compulsory purchase powers, although in 2015 there were two cases where the latter was being investigated; as of 2018[update] there were about six pub CPO actions being considered or underway.

's Madejski Stadium, The Valley and the South Bank Undercroft; sports clubs; parks including Myddelton Square in Islington.

The Fox public house in Palmers Green became the first ACV in the London Borough of Enfield in 2015.