Update for anyone interested or considering something similar.
This project was put on ice for a while but a trespass and access rights dispute reignited it. When I took a look again, there is a very user friendly and competent solution which was borne from the OpenALPR project,
Rekor Scout, although it does require subscription of 8 USD per month.
We have installed a relatively cheap spare HD IP camera covering the lane in question. It is Lorex brand, manufactured by Dahua I think. Going for around £70 used on eBay. Nothing fancy but gives a 4k resolution picture and is IP66 rated. It runs via some external grade CAT5e to a PoE switch in the house. Rekor Scout is currently running on his W10 daily computer and is doing an impressive job of picking up pretty much every plate going by, even on the faster traffic, and in sub-optimal lighting conditions. Accuracy for plates is >95% so far. Even more impressive is that if it doesn't catch a plate, it can detect the profile of the vehicle and give a make and model. This is working with >80% accuracy.
Night performance needs some work but I think this can be improved with a separate IR source closer to the vehicles so the reliance on the camera's IR source is reduced.
The next step is to host the software on a much lower power unit. It does seem to be quite CPU intensive at times, due in most part I think to the sensitive motion detection driving lots of unnecessary image analysis. I'm going to experiment with different settings to see if it can be optimised. Alternatively, a camera with a longer lens would give a narrower field of view which could be better targeted; this will be considered if software optimisation isn't effective.
Overall project cost so far:
Camera - £73
Cable - ~£10
Software subscription - $96 per year.
6 pints - £28.80
TOTAL (1 year) - £195.80
Potential costs:
Camera with a longer focal length - £100-150.
IR light source - £25.
Power hookup for IR light - £20.
Separate machine to host it - ~£200?