This depends on your personal circumstances.
If the total land (including that occupied by buildings) is less than 0.5 Hectares, then the disposal will be covered by Principal Private Residence (PPR) Relief (assuming that the property has been your main residence throughout your ownership.
If the area is greater than that, there is a potential CGT charge. The rules are quite complex and you should seek professional advice.
There would not be any income tax liability unless you have developed the land or your are a dealer in land.
If you require any further assistance please do not hesitate to contact us, and we will be happy to act on your behalf.
Nigel Lord
Lord Associates
Taxation & Business Consultants
Caxton House
Old Station Road
Loughton
Essex, IG10 4PE
020 8418 9101 & 07769 931852
mail@lordassociates.co.uk