Land deal paves the way for almost 800 homes in Derbyshire
The sale of a large parcel of development land has paved the way for a major residential development on the edge of Mickleover, Derbyshire.
The land at New House Farm, which extends to around 44 acres, has been bought by Bloor Homes and Taylor Wimpey. The 783 homes in the pipeline will form part of a wider new sustainable urban extension of 1,750 homes which will include a new primary school, a health centre, convenience retail and a community facility.
The land was sold by Savills and Hawksmoor, working on behalf of the landowner and promoter, Commercial Estates Group.
Ben Glover, director and head of development at Savills in the East Midlands, said: “New House Farm proved to be a very popular site throughout the marketing process, generating a lot of interest with strong bids from national and regional housebuilders.
“A special mention has to go to Richard Wain at Hawksmoor, the development manager working on behalf of CEG, who dealt with various complications along the way, in turn unlocking much needed new housing in a popular part of Derby and assisting delivery of a new primary school and health centre to serve the wider Mickleover area.”
The scheme will be made up of 2-, 3-,4- & 5-bedroom homes including some affordable homes near the local centre plus a Section 106 agreement to provide more affordable homes across South Derbyshire.
The deal marks phase three of the scheme, with phases one and two having sold to Barratt Homes which has completed its build and Avant Homes which is currently finishing its phase.
