Purchased via the latter’s land promotion and planning business, Hallam Land, the site is in Swindon with the disposal completing in December.

The transaction delivered an ungeared internal rate of return of 9.2% per annum for Henry Boot.

Hallam Land and Taylor Wimpey first secured an option to purchase a 320-acre site in South Marston, on the eastern edge of Swindon.

Working alongside Taylor Wimpey and Hannick Homes, the land was promoted through the planning process as part of a wider strategic site.

In August 2021, outline planning consent was granted for a total of 2,380 residential units, of which 1,064 relate to Hallam Land's site.

In January 2024, Hallam Land completed the purchase of the site and simultaneously exchanged contracts to sell 760 plots to Vistry.

•   The Finance Professional Show 2025: The Video
•   Vistry exchanges contracts on 446-home Surrey site
•   Henry Boot adds £56m of assets to Feldberg JV

The first phase, comprising 393 plots, was completed in January 2024, while the second phase completed in December 2025.

Hallam Land retains 304 plots for future sale.

“With this transaction, Hallam Land has exceeded its annual sales target in 2025, supported by continued interest from housebuilders for well-located land with planning consent,” said Tim Roberts, CEO at Henry Boot.

“Building on this momentum, we are encouraged by the Planning and Infrastructure Bill receiving Royal Ascent in December 2025, and we welcome measures aimed at reducing delays in the planning system.

“Reform of planning is crucial for the UK’s economy and productivity. It will also accelerate the pace at which Hallam Land can unlock prime sites for the delivery of new homes that the country needs.”