Vistry to invest over £12m in Basingstoke with 745-home development
A development of 745 new homes in Basingstoke is set to bring an investment of more than £12 million into the local area.
Work is “progressing well” at Hounsome Fields under the Bovis Homes and Linden Homes brands, both part of Vistry Group.
Construction started on the site off Winchester Road, opposite Basingstoke Golf Club, in 2020, with 600 of the homes now built.
The development is due for completion in January 2026.
Vistry has so far contributed more than £9.8 million of the estimated £12.7 million it will be putting into local services in line with its planning agreement.
This includes the almost £7.3 million provided to fund the building of Hounsome Fields Primary School, which is due to open in September 2025.
Amber Bowley, regional sales director for Vistry Thames Valley, said: “Hounsome Fields is not only delivering high-quality new housing featuring a mix of open market, affordable rent and shared ownership properties to meet the varying demands of local people.
“It’s also providing a multi-million-pound investment in vital local services which will benefit both new residents and the wider community of Basingstoke.
“We’ve so far paid £1.5 million of the more than £2.4 million to fund improvements along the A30 corridor between the Southwood Corner junction and the Brighton Hill roundabout.
“Other significant contributions at future stages include more than £1.8 million towards community facilities and more than £650,000 towards the provision of sports pitches.”
A selection of four-bedroom Bovis Homes at the development are now available to reserve.
