The new development, to the south of the town, is the next phase of the wider Wykham Park Farm scheme.

This forms part of the Catesby Estates strategic land portfolio, following the acquisition of L&Q Estates by its parent company Urban&Civic earlier this year.

Upon completion, the Catesby Estates development will provide 1,000 new homes in Banbury, with 27% to be transferred to a housing association partner for rent and shared ownership.

The scheme will also include community facilities such as a primary school, sports pitches and a local centre.

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Russell Griffin, managing director at Persimmon Homes South Midlands, said: “We’re delighted to have started work on phase 2 at Wykham Park Farm.

“Not only will this phase deliver 94 quality new homes, it will also create local jobs as part of the construction, generating a significant investment in the local economy.

“We’re committed to creating vibrant, successful communities and supporting more local families in getting their dream homes. We’ll continue to work in partnership with the council and other stakeholders to ensure this community delivers real benefits for the whole community.”