L&Q Estates begins residential development at Banbury

By Nicky Godding

1 April 2022

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The Business Magazine article image for: L&Q Estates begins residential development at Banbury

A leading UK strategic land developers is set to start work on creating a new sustainable urban extension at Banbury.

Warwick-based L&Q Estates received outline planning permission from Cherwell District Council in December 2019 for 1,000 homes and a three form-entry primary school at Wykham Park Farm off Bloxham Road to the south of Banbury.

The development also involves creating a Local Centre, a children’s play area, community facilities including sports pitches and a pavilion, and open spaces.

L&Q Estates has agreed a deal with Persimmon Homes to build up to 1,000 properties ranging from one-bedroom apartments to five-bedroom homes which will include 30 per cent affordable housing.

The new roundabout off Bloxham Road will be constructed by L&Q Estates and is expected to be completed this autumn.

The site will also provide key infrastructure including a link road through to the David Wilson Homes site to the east of the development, connecting Bloxham Road with Bodicote.

Ian Hardwick, Managing Director of L&Q Estates, said they had been involved in promoting and developing the site for over 10 years.

“It is fantastic that we have reached the stage where infrastructure work is now underway at Wykham Park Farm,” he said.

Russell Griffin, Managing Director of Persimmon Homes South Midlands added: “The scheme will provide a sustainable community with facilities for the wider area including a local centre, sports pitches and further land for the local school. We look forward to delivering the first homes in 2023.

“In total the scheme will deliver circa 1,000 homes of which 300 will be affordable homes.”

By Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.