Weston Homes has acquired a 10.36-acre site in Epping to develop Thornwood Park, a new £33.5 million residential development in the style of a garden suburb.

Thornwood Park will provide 62 two-to-five-bedroom family houses complete with gardens, landscaping, community orchard, parking and 4.7 acres of public open space in the form of a new pocket park

The deal to purchase the Thornwood village site, located off High Road, is subject to planning which has been granted (Resolution to Grant Outline Planning Permission) and allows for the demolition of existing buildings on the site followed by a new development of up to 62 new Homes, with a 40 per cent affordable allocation.

The site is currently occupied by redundant residential property, outbuildings and a clay pigeon shooting facility.

The purchase of the 10.36 site in Epping is the first of a series of site acquisitions currently in negotiations which form part of Weston Homes’s plans, announced in November 2022, to invest up to £500 million in strategic land acquisitions over the coming five years.

Bob Weston, chairman and managing director of Weston Homes said: “The acquisition of the Thornwood village site in Epping will enable Weston Homes to deliver a new residential scheme of family houses perfect for first time buyers, young couples and families.

“This new development in the London commuter region is part of our ongoing major growth and expansion. The business has a highly diverse range of developments across London and the South East, including traditional housing and major landmark mixed-use schemes.”

© Eastern Echo (powered by ukpropertyforums.com).

Sign up to receive our weekly free journal, The Forum here.