Final Land Sale Of The Financial Year Completes For Catesby Estates

 

Catesby Estates are pleased to announce the sale of a 7.2 acre residential land site off Waters Lane, Middleton Cheney, Northamptonshire to Mulberry Homes.

The site has outline planning permission for 54 new homes including 50% affordable housing, along with new public open space and off site highways improvements.

The site first went before Planning Committee in August 2020 and was refused contrary to officers recommendation to approve.  Subsequently a Planning Appeal was submitted by Catesby Estates and a virtual inquiry sat for 8 days earlier this year.

The appointed Inspector concluded the proposals would deliver significant benefits which outweighed the conflict with the adopted Development Plan and that as sustainable development the appeal should succeed. Importantly the decision also reinforced the position that a 5 year supply of housing land is a floor, not a ceiling.

David Harper, Area Land Director at Catesby Estates said “We are delighted to have completed our first ever land sale to Mulberry Homes.  This Midlands based housebuilder has an excellent reputation for delivering high quality new homes across the region.”

“We have already had a large number of people registering interest in homes during the planning process, and we expect demand from local residents to be high."   

“This is our final land sale during our 2020/2021 financial year, which has been extremely busy for the whole of the Catesby team with a record number of sale transactions taking place.”

Simon Thomas at Roebuck Land and Planning represented the landowner and Catesby Estates in the sale of the site, with Stacey Rawlings also from Roebuck leading the planning application and subsequent planning inquiry.

Find out more about the strategic land promotion of Waters Lane, Middleton Cheney here.