£4m land deal in North Yorkshire village completes
A residential site in the North Yorkshire village of Church Fenton has sold for more than £4m.
The three hectare parcel of land has been acquired by Holmfirth-based developers Yorkshire Country Properties, which plans to build 50 homes on the greenfield site.
David Waddington, director of land and new homes at at Linley & Simpson, said: “This represents one of our most significant residential land sale deals in our history – and the biggest in 2022 to date.
“Given the coveted location, there was no shortage of interest amongst developers in the site, which was sold with full planning permission.
“Yorkshire housebuyers are turning to new build in ever increasing numbers post-Covid and, amid rising energy costs, especially family homes in more rural areas.
“As this trend gathers further pace, so too will the demand among developers for land in prime locations.”