Bargate Homes will start its 100th development in January the start of its 20th year – and expects its 2,000th customer in Summer.
Shepherd’s Green off Everton Road in Hordle, Hampshire, a £38m mixed-tenure development will comprise 97 homes, 49 of them affordable, which will be delivered by Bargate owner Vivid.
The housebuilder, established in 2006, has reported consistent growth over the past three years.
It expects 275 energy-efficient houses and apartments – with an average selling price of £440,000 – to be handed over to customers before the end of the 2024/5 financial year. Live planning applications give a total gross development value in the region of £460m.
Managing director of the Hampshire-based firm Mark White said: “2025 will be full of milestones for Bargate. It’ll be 10 years since we moved into the office in Fair Oak, Eastleigh that we designed and constructed ourselves.
“Our 100th development project – Shepherd’s Green – will be a cause for celebration to kick-off our 20th year in business, while to coincide with the start of the new 2025/6 financial year, we will be unveiling a refreshed brand identity. Our 2,000th customer is also scheduled to move into their new home during May/June 2025.
“I am tremendously proud of the growth trajectory we’ve been on since 2021, given the relative turbulence of the national housing market. Bargate is very well financed, with an enviable landbank, a renowned product, and a brand that is synonymous with quality.
“Our success is down to the brilliant in-house team that upholds Bargate’s ethos, from land acquisition and planning, throughout the construction and customer journey, seamlessly to aftersales care. Our innate knowledge of the South Coast region we operate in also rewards us with market advantage.
“While continued growth is a key aim within our five-year plan, we feel Bargate’s sweet spot will be around 350 handcrafted homes per year. All sites in the planning process are being specified to the new Future Homes Standard, with eco features including air source heat pumps, solar PV and enhanced levels of insulation.
“We are also making a significant investment in habitat preservation and creation, to deliver biodiversity net gains far greater than the statutory metric.”
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