Our land portfolio currently consists of 6,870 plots with the vast majority in the South and South-East of England. The size of each site ranges from under 50 plots to over 1,350 plots.
We are continuing to focus on acquiring a mix of brownfield sites, as well as strategic land.
We are continuing to focus on acquiring a mix of brownfield sites, as well as strategic land, which is usually greenfield land, acquired with the knowledge that it is suitable for development at a later date. The strategic sites in our land bank have the potential for almost 3,000 residential plots across 500 acres and typically have a two to five year timeline for planning permission.
We are targeting large brownfield sites that are appropriate for residentially led mixed-use regeneration schemes. While we have been involved in these projects for some time now, we are looking to expand this area to maximise the opportunities and value available.
We are also pushing to enhance the number of collaborative joint ventures with institutional landowners. Institutions such as the MOD, NHS and local authorities often have surplus land but not the skill set or commercial drivers that we have at our disposal.
While our core focus has always been, and will continue to be, acquiring and developing brownfield sites, we are establishing ourselves as a respected housebuilder in our own right both for ourselves and on behalf of others as part of Partnership Housing deals. This allows us to take more control of our sites and ensures a higher build quality while maximising value generated for the Group.
Land bank plots
Plots without planning permission
Plots with planning permission
1 In addition to the 743 plots above, 94 plots were sold into a 50% joint venture and therefore remain in the year end land bank figure.
Abbey Wharf, Alperton
St John's, Chelmsford
Castle House, High Wycombe