Terra Secures a Promotion Agreement for a Five-acre Site in the West Oxfordshire Village of Aston

Terra Strategic has secured an agreement to promote a five-acre site for residential development in the West Oxfordshire village of Aston. The land could accommodate 40 new homes and associated infrastructure.

Located off Cote Road, the site is five miles south of the historic market town of Witney. The parcel of land is located in a rural part of West Oxfordshire, where there is a chronic shortage of open market and affordable housing. The UK’s largest RAF base – Brize Norton – is a major employer for the area, and located only a 10-minute drive away.

Terra will work with West Oxfordshire District Council and Aston, Cote, Shifford and Chimney Parish Council to explore the provision of new housing which could best suit the needs of the village. The five-acre site, which is currently designated for grazing, will then be promoted through the Local Plan process. The development opportunity was introduced to Terra by Wantage-based Green & Co Estate Agents, acting on behalf of the landowner.

James O’Shea, Managing Director of Terra Strategic said: “West Oxfordshire’s traditional housing stock is considered largely unaffordable to those on lower incomes. However, the demand to live there – and benefit from the quality of life the scenic area offers – is exceptionally high. This site could deliver high quality Public Open Space for the enjoyment of all, together with much-needed new homes.

“We are looking forward to working with all the local stakeholders to promote the benefits this land opportunity could deliver to the community of Aston and the Parish. More well-located sites need to be brought through the planning process so that quality new homes can be delivered to meet the needs of locals and those wishing to relocate.”

Terra is an experienced residential land specialist, which enters into agreements with landowners and then pursues, funds and secures an agreeable planning permission. It also has the financial resources to secure land with or without residential planning consent to assist landowners looking for a quick sale process.

Terra has a national reach, having recently secured residential land in Bedfordshire, Gloucestershire, Herefordshire, Norfolk, Northamptonshire, Nottinghamshire, Oxfordshire, Somerset, Warwickshire, The West Midlands, Wiltshire and Worcestershire. Terra currently controls 24 sites, with circa 460 acres of residential land that is capable of delivering 2,200 new homes.

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