Housebuilder announces plans to deliver £33.5m ‘green suburb’ northeast of London

Volume housebuilder Weston Homes has exchanged contracts to acquire a 10.36 acre site in the village of Thornwood in Epping with plans to build Thornwood Park.

The new £33.5m (GDV) residential development is set to provide up to 62 new family homes complete with gardens, landscaping, community orchard, parking and circa 4.7 acres of public open space in the form of a pocket park.

The deal to purchase the Thornwood village site, located off High Road, is subject to planning which has been granted (Resolution to Grant Outline Planning Permission) and allows for the demolition of existing buildings on the site followed by a new development of up to 62 new Homes (inclusive of 40 per cent onsite affordable housing).

It is envisaged that the new scheme will consist of two, three, four and five bedroom family houses with gardens and landscaping, designed around winding streets and crescents.

The orchard and pocket park will give Thornwood Park a leafy and green ‘garden suburb’ ambience and provide the new address with an abundance of green open space for relaxation and leisure. The site is currently occupied by redundant residential property, outbuildings and a clay pigeon shoot facility.

The purchase of the 10.36 site in Epping is the first of a series of site acquisitions currently in negotiations which form part of Weston Homes plans, announced in November 2022, to invest up to £500m in strategic land acquisitions over the coming five years

These will further expand the company’s existing £2.13bn portfolio of pipeline developments across London and the South East, which will deliver over 7,500 new homes.

Weston Homes is continuing to look for new sites within outer London and the South East in locations within a 15 minutes walk to a railway station. Weston Homes is interested in greenfield land sites, brownfield sites and country houses, corporate headquarters or institutional buildings which could be converted into new residential or mixed use addresses.

Bob Weston, chairman and managing director of Weston Homes, commented: “The acquisition of the Thornwood village site in Epping will enable Weston Homes to deliver a new residential scheme of family houses perfect for first time buyers, young couples and families.

“This new development in the London commuter region is part of our ongoing major growth and expansion. The business has a highly diverse range of developments across London and the South East, including traditional housing and major landmark mixed use schemes.”

By Matthew Neville – Senior Correspondent, Bdaily

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