Developers St. Modwen and Crabhill have sold another parcel of residential land at Kingsgrove in Wantage to Bellway Homes. This triggers the start of the next phase of residential development at the 227-acre scheme, where St. Modwen is the master developer working with landowner Crabhill Developments and its advisors Carter Jonas.
Bellway Homes will develop Phase 3b, which will comprise 121 homes including 45 affordable units. It sits at the estern edge of the residential development and represents a second phase on site for the housebuilder.
Bellway will target a start on site in October this year.
The sale marks the sixth residential phase of the new community. St. Modwen Homes started the very first phase on site in 2018 and welcomed its first home owners in November 2018. Five phases, totalling almost 600 homes, are now under development by housebuilders with St. Modwen Homes joined by CALA Homes, Taylor Wimpey, as well as Bellway’s first phase.
At the heart of the residential development is the recently opened GEMS Wantage primary school as well as a public park and square linked to the planned new community hub, with supporting services and convenience shopping.
William Bayston, Senior Development Manager at St. Modwen, said: “We are pleased that Bellway has been succesful in acquiring another phase of homes at Kingsgrove.”
Craig Duncan, Head of Land at Bellway (Thames Valley), said: “We are delighted to be involved in the new Kingsgrove development and to have secured a second phase for us on site to deliver more new homes.”
Carter Jonas acted for St Modwen and Crabhill Developments in the sale. James Bainbridge, Chairman at Carter Jonas, said: “This is the sixth residential parcel sold by the landowners at Kingsgrove and will significantly increase the rate of delivery of much needed new homes in the area. It demonstrates the confidence, strength and depth of the residential development market in Oxfordshire despite current Covid-19 restrictions.”
Lands Improvement Holdings and Carter Jonas obtained outline planning permission for the 227 acre site in July 2015 from the Vale of White Horse District Council for up to 1,500 homes, a new primary school, a neighbourhood centre including a pub/restaurant and local retail accommodation, sports pitches, employment space and community amenities set around a central park. St. Modwen subsequently signed a development agreement with the landowners to take forward the delivery of the masterplan and infrastructure in June 2017.