Catesby Estates has successfully completed the sale of a residential development site in Great Gransden, Cambridgeshire to Hayfield Homes.
Savills acted for the Landowner in the sale of the site.
Outline planning permission was granted in April 2019, by Huntingdonshire District Council for 40 homes, including 40% affordable housing on the 4.5 acre site.
Since 2011 only 7 new homes have been granted planning permission in Great Gransden, with the average price of a home being in excess of £625,000, which is more than double the UK average.
The proposals include new public open space and a series of offsite highway improvements, with increased junction visibility; helping to ensure the safety of children walking to and from the local school, which had been an ongoing major concern for residents in the village.
Myron Osborne, Land & Development Director at Catesby Estates said; "Hayfield Homes are known for delivering high quality new homes with a focus on design and high calibre workmanship.”
“We are pleased to be supporting diversity in the housebuilding industry, by being able to work with not just large national housebuilders, but also SME’s like Hayfield Homes to help increase the type and pace of new home delivery. We are delighted to have completed our first deal with Hayfield”
First residents are expected to take occupation late 2020.