The loan has been provided to Autograph Homes to support the delivery of five residential homes on the brownfield site.

These homes — two detached four-bed and three detached three-bed — will target EPC A ratings. Each will be designed to be fully powered by green technology — solar panels, heat pumps and batteries.

This 19-month senior debt facility, which includes a 12-month build phase, is the third time Octopus has worked with Autograph. The site is expected to be ready for residents in 2026.

The site will be developed in line with Greener Homes Alliance 2, a partnership between Octopus Capital and Homes England.

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“This deal under the Greener Homes Alliance 2 reflects exactly what it’s here to achieve — supporting SME housebuilders delivering high-quality homes that go beyond current standards and cut energy bills for their tenants,” said Jenna Hollins, investment manager at Octopus Capital.

“We’re proud to continue working with Autograph on a project that showcases how strong partnerships can deliver real impact, both for residents and the environment.”

Simon Taylor, director at Autograph Homes, added: “We are pleased to be working with Octopus Capital again.

“The Greener Homes Alliance funding helps us deliver these much-needed low carbon technologies more economically.”