Located in the village of Ambrosden, the site is to the south of Blackthorn Road and under the jurisdiction of Cherwell District Council. In 2024 it received planning permission from the council for 55 homes with 35% of this designated as affordable housing.

As part of plans to develop the site a new children’s play area will be constructed and a £432,081 investment will be made in the local community’s secondary education facilities.

“Our team is delighted to have successfully secured planning approval and demonstrated the strong demand for these homes and amenities to the council,” said David Harper, senior area land director at Catesby Estates.

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“This is our first sale to Lioncourt, an SME builder, and we are excited to see them bring this vision to life, creating a development that will benefit both future residents and the wider Oxfordshire community.”

Rachel Cartwright, land director at Lioncourt Homes, added: ““With over a third of the site dedicated for affordable housing and seven-figure investment in local enhancements, we’re proud to be adding to this thriving community.

“We are committed to delivering high-quality, energy-efficient homes that enhance the character of our towns and villages, while investing in essential amenities from education and play facilities to green spaces and local transport.”

Richard Foxon and Piers Beeton of Newton LDP acted on behalf of the landowners. The price of the transaction was not disclosed.