Monday, November 25, 2024

Residential land sold in Leicestershire

Catesby Estates has sold a residential site in Countesthorpe, Leicestershire, to Miller Homes.

The 18.5 acre site is located adjacent to Foston Road and Leicester Road and has outline planning for 170 energy efficient homes; of which 25% are affordable, and public open space with play areas.

An outline planning application was registered with Blaby District Council in January 2024, and went before planning committee in July 2024, receiving a majority in favour resolution to grant.

Following this, the sale completed in October 2024, resulting in a 10 month turnaround from the submission of the application to a land sale.

Myron Osborne, Chief Executive of Catesby Estates, said: “Achieving a local level consent for this non-allocated site and securing a buyer within a short time frame of just 10 months is testament to the hard work and skill of the in-house Catesby team, as well as the appetite from housebuilders to acquire prime residential land.

“This deal represents our second sale to Miller Homes in recent months, and with a reputation for delivering high quality, award-winning new homes, we look forward to seeing them take this through its final planning stages and delivering sought-after, energy efficient homes for the area.”

Aaron Grainger, Head of Land at Miller Homes, said: “We are delighted to have acquired this site. We were committed to completing this deal quickly and worked closely with Catesby Estates to achieve this. We are looking forward to when our reserved matters consent is secured, and we can start work on delivering quality new housing for the area.”

Natalie Edwards at Eversheds and Victoria Potterill-Tilney at Gowling WLG worked on the legals, and Trevor Wells of Wells McFarlane acted for the landowner.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.









Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close