William Davis Secures Land Deal
Work is starting on a new housing development in a sought-after Leicestershire village, after the award-winning housebuilder William Davis Homes agreed to purchase the site from a local family.
Outline planning permission had already been granted for the scheme in Burton on the Wolds near Loughborough, Leicestershire, in 2019. Detailed plans for the 12.3 acre site have now been approved by Charnwood Borough Council, allowing work to commence on the site, providing high-quality homes to help the authority meet its housing needs.
The development will have 70 homes, with forty per cent affordable housing. There will be a wide range of 1-5 bedroom properties, including houses, maisonettes and bungalows.
Open green space will form almost half of the site. Features will include a community orchard, a children’s play area, cycle paths and areas of wildflower planting for biodiversity.
Through a Section 106 agreement, the development will also contribute over half a million pounds towards local infrastructure, including sums made available for improvements to local schools, health care provision and the village playing fields.
Specialist land development and property consultants Mather Jamie, handled the sale of the site on behalf of the landowners. The journey began in 2014 when William Davis successfully secured an Option Agreement on the site. Final terms for the sale were agreed this year in advance of detailed planning approval being granted.
Gary Kirk, Director at Mather Jamie, said: “This is an exciting scheme which will bring a variety of much-needed housing to the local area. William Davis have worked hard to deliver a great outcome for our client in a way that balances the need for housing, biodiversity and improvements to infrastructure”.
David Dodge, Development Director for William Davis Homes, said: “Our team has worked extremely hard to very tight deadlines to negotiate both the land purchase and planning consent on this scheme.
“I am delighted that we have agreed the deal with Mather Jamie and to start work on this exclusive development in a sought-after location. I look forward to seeing the show homes open early next year.
“We have been proud to be part of Charnwood’s development landscape since 1935 and this is another example of our commitment to provide award-winning high-quality local housing, and to support the local economy through our apprenticeship scheme, our direct employment of local tradesman and our commitment to a local supply chain.”