The Owl Group secures a 16.63-acre land deal in Newbold Verdon with outline planning permission to construct 135 new houses.
Housebuilder The Owl Group has completed the unconditional purchase of a 16.63-acre development site in Newbold Verdon, west Leicestershire. Acquired following a deal with Richborough and John Allison Land & Research, the site located off Brascote Lane already carries outline planning permission for the delivery of 135 new residential homes.
The transaction highlights ongoing activity in mid-sized residential land acquisitions across the East Midlands. By securing unconditional terms on land that already possesses outline approval, housebuilders can streamline the transition from land acquisition to detailed planning applications and groundworks, maintaining regional housing output.
For independent subcontractors, self-employed tradespeople, and local builders in Leicestershire and the wider East Midlands, developments of this scale represent steady pipeline work for groundworks, bricklaying, carpentry, plumbing, and electrical installations. While this does not directly alter retail prices for building materials at merchants like Travis Perkins, Screwfix, or Toolstation, large residential builds pull heavy volumes of timber, aggregates, blocks, and fixings from local supply chains. Local trades looking for sub-contract work should monitor the site as detailed planning progresses to secure early trade packages. DIYers in the immediate area should be aware that major housing additions typically increase local demand for trade services and domestic home improvement work in surrounding properties.
Subcontractors seeking pipeline work in the Midlands should keep track of newly acquired sites with outline permission, establishing contacts with project managers early before groundworks and primary trades are tendered.
Reported by Housebuilder & Developer — original article
Price alerts on the kit you're watching, plus the deals our team files each day.
Create a free account
