Miller Homes has acquired 12.94-hectares of land in Cawston, Rugby, from Catesby Estates for an undisclosed price.
Located south of Coventry Road and west of Cawston Lane, the site benefits from outline planning consent for up to 210 homes and a two-form entry primary school.
It is first asset Urban&Civic’s land promoting subsidiary Catesby Estates has sold from the L&Q Estates portfolio since it was acquired by Urban&Civic earlier this year, and the first piece of land to be sold within the wider allocation of the site, which is known as Homestead View.
When fully built out, the site will feature 5,000 homes, two schools, a district centre, 35 hectares of employment land, walking and cycling routes, new transport links and green infrastructure.
Myron Osborne, chief executive of Catesby Estates, said: “We are delighted that this deal represents the first land sale from our expanded strategic land portfolio since the acquisition of L&Q Estates. Homestead View will create a new community in this part of Rugby, and we are really pleased phase one of this scheme is set to get underway.”
Neil Ballett, land director at Miller Homes West Midlands, added: “Miller Homes West Midlands is excited to have successfully acquired the first phase of land at Cawston, Rugby, an area we know well from our successful Poets Meadow scheme just a stone’s throw away. When the reserved matters consent is secured, it will allow much-needed quality housing to be delivered for the community, building on our strong local presence and commitment to the area.”
George Fox, director at Newton LDP, which along with Margetts acted on the land sale, said: “We are delighted to have sold this parcel of land to Miller Homes. We have worked closely with their teams across the country in the past, so we are really pleased to have now done a deal with their West Midlands team. Miller Homes build a quality product which is ideal for this first phase at Homestead View. We know their houses will not only complement the existing community, but enhance future planned phases.”
