There is a story behind this sign that I do not know.
This is a spur off Buckingham Road and I do not know why this section is a private road rather than a normal highway. I also do not know, but could have a reasonable guess, why the residents felt it advantageous to have their own Controlled Parking Zone (CPZ). Parking issues generally have to be pretty bad before residents are prepared to pay for their own spaces. My reasonable guess is that parking is an issue in that area generally due to the presence of two schools nearby.
As the road is private so is the CPZ.
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