This acquisition, near Basildon, is the housebuilder’s third such deal in Essex and it’s largest to date.

The plot has been identified as part of Basildon’s emerging local plan and will play a key role in its long-term regeneration.

The residential development land team at Knight Frank advised on the transaction.

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gs8’s proposed plans for the site will be developed in tandem with Basildon town centre’s masterplan, prioritising green infrastructure, biodiversity and a 50% affordable housing provision.

“This is a pivotal scheme for us as we continue to reinforce our commitment to scaling up planet positive housing delivery,” said Josh Gordon, co-founder of gs8.

“We believe sustainable development must sit at the heart of housebuilding — creating not just highly efficient, low impact homes, but vibrant, integrated communities.

“Our approach and strategic vision have been incredibly well supported by residents and local stakeholders and we are now delivering zero-carbon living at scale.”