The Graven Hill Village Development Company (GHVDC) has acquired Cherwell District Council’s former Bodicote House offices.
The council-owned company, based in Bicester, has delivered more than 650 homes so far at Graven Hill, and will seek to develop Bodicote House in Banbury which has been vacant since the council’s move to Castle Quay in 2025.
Council leader Cllr David Hingley (pictured right), said:“Our move to Castle Quay has allowed us to establish a modern, energy-efficient headquarters in the centre of Banbury, reducing running costs and improving accessibility for residents.
“Finding the right buyer for the old Bodicote House site is the next vital step, enabling the site to get a new lease of life that meets Bodicote’s future needs.
“We are delighted to be announcing GHVDC as the buyer of Bodicote House. With a proven track record for quality and innovation, their experienced team is well placed to create an exciting future for this village site, working in partnership with the council and local community to provide suitable and sustainable housing that works for the village and its residents.”
GHVDC will now work on its plans for redevelopment and hopes work on the site could begin in 2027, with the first new homes potentially available in 2028.
Adrian Unitt, managing director of GHVDC (pictured left), said: “This is a really exciting opportunity to bring forwards a vibrant development in Bodicote.
“The team is looking forward to working closely with Cherwell District Council and the community to bring the site back into productive use, designing an innovative housing development that is sensitive to this characterful village and helps meet local needs at this unique location.”
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