Rebecca - many thanks and no apology necessary.
Such restrictions are carried forward from the developer's/seller's title as and when the new build/plot transfer is registered unless an application is made to cancel same. If there was an 'error' at the time of your purchase it may have been a conveyancing one as they obtained the certificate of compliance needed to complete the transaction but did not consider/apply for cancellation of the restriction thus preventing it from being brought forward to your new title. The conveyancer who acted for you ate time would be the one to ask that Q of though.
5 years on from your purchase it might be quicker to ask your current conveyancer to investigate having the restriction
cancelled/disapplied as appropriate depending on the interest it protects and the beneficiary's current position