Creating web application causes Web Access Failed message

[Simon Jefferies]

Hello,

I'm trying to create a new ASP. NET Web Application project, when I enter a
name and press OK i get the following:

Web Access Failed.
The default web access mode for this project is set to file share, but the
project folder at "http://..." cannot be opened with the path
"C:\inetpub\...." The error returned was:

Unable to create Web project 'name'. The file path does not correspond to
the URL. The two need to map to the same server location. The connection
with the server was reset.

Any ideas why this is happening?

Thanks in advance.
Simon