An exciting strategic site located on the south eastern side of Heyford Park, Upper Heyford, Oxfordshire.
Location |
Upper Heyford, Oxfordshire |
Type of Project |
Strategic Land |
Area |
28.86 acres (11.68 hectares) |
Type of Development |
Residential |
Size |
230 dwellings |
Client(s) |
Family Trust |
The land was identified in 2018 as having potential for future development. Working with the landowner (a family trust) and their legal advisors, it was decided that the appointment of a strategic land promoter was the appropriate strategy.
We prepared a project brief, along with a planning summary and approached a number of strategic land promoters. We received 13 proposals from a mixture of regional and national firms.
After a rigorous shortlisting process, we whittled the list down to five parties, which we interviewed alongside the landowners. After a round of ‘best & final’ offers, the decision was made to instruct Richborough Estates.
A Promotion Agreement was signed by both parties in July 2020 and Richborough began promoting the site through the local plan. During the initial promotion period, all parties saw value in bringing in neighbouring land, being promoted by Lone Star Land, as it made for a more comprehensive scheme, and had benefits for both parties.
The site is continuing to be promoted and will be marketed for sale once planning consent is granted.
For further information, please contact:
Richard Foxon - Managing Director
richard.foxon@newtonldp.com
07591 495930
George Fox - Director
george.fox@newtonldp.com
07721 260552