Development Site For Sale

Development Land At Sibford Ferris, Hook Norton Road, Sibford Ferris, Banbury, Oxfordshire

POA


A rare opportunity to acquire an exclusive residential development site for 25 dwellings in a sought-after Oxfordshire Village, suitable for a high-quality, landscape-led new build scheme.

  • Freehold sale by informal tender.
  • Outline Planning Permission for up to 25 dwellings.
  • Gross site area 9.14 acres (3.7 hectares).
  • Excellent road frontage and links to Banbury, Oxford and the M40.



Situation
The site lies on the southern edge of the village of Sibford Ferris, within attractive Oxfordshire countryside on the edge of the Cotswolds. Sibford Ferris and the neighbouring villages
of Sibford Gower and Burdrop (the “Sibfords”) are thriving communities with a population of approximately 1,000 residents and offering a range of local amenities including GP Surgery, village shop with Post Office, village hall, public houses and swimming pool. There are numerous village societies and clubs.


Nearby the key settlements of Banbury, Chipping Norton, Stratford and Oxford provide sources of employment, retail and leisure facilities. The renowned Soho Farmhouse at Great
Tew and Daylesford Organic Farmshop and Spa are nearby. Junction 10 and 11 of the M40 motorway are within close proximity providing strong road connections. The nearest train station is at Banbury which provides regular direct services into London Marylebone (fast service from 52 minutes), Oxford and Birmingham.


Description
The site is accessed off the Hook Norton Road, which together with the Woodway Road, provide extensive road frontage. The approved route of access and egress is off the Hook Norton Road. The site sits on top of a broad ridge above the Sib valley and affords attractive views to the west of rolling countryside within the Cotswolds Area of Outstanding Natural Beauty. As existing the site extends to approximately 9.14 acres (3.70 hectares) gross, of arable land, level in topography. The site is enclosed by mature hedge boundaries, with the exception of the southern boundary. The site lies in the Flood Zone 1 and a Flood Risk Assessment, submitted with the appeal, identified that the risk of flooding was low.


Excellent schooling is available within the local area with Sibford Independent School (which is opposite the site), Sibford Gower Primary School (OFSTED “good” 2018), Bloxham School and Tudor Hall, all within short driving distance of the site.


Method of Sale
The site is offered for sale by private treaty under an informal tender. The tender deadline is 12noon on the 4th November 2020. It should be noted that the vendors’ clear preference is to receive proposals on an unconditional basis. Due consideration will be given to purchasers delivering a quality house product and respecting the carefully designed scheme.


Planning
Outline Planning Permission was granted at Appeal under APP/C3105/W/19/3229631 on 23rd December 2019 for up to 25 dwellings, with associated access road, open space and sustainable drainage, subject to conditions and with all matters reserved. The decision notice, detailing all conditions, is available in the sale pack.


The scheme has ‘placemaking’ at its heart and incorporates generous open space, allotments and public orchard, offering amenity to future occupiers and creating a very well designed extension to the southern edge of this popular village. The proposed development has been designed to incorporate a mix of properties. The Section 106 Agreement, dated 25th November 2019, is available in the sale pack. The obligations include provision of 35% affordable housing equating to 9 affordable and 16 market dwellings. The tenure split is 70% affordable rent and 30% shared ownership, or such alternative mix as agreed with the District Council. It will be the responsibility of the Purchaser to fulfil all obligations under the Section 106 Agreement and the Purchaser is to indemnify the Seller against any future costs or liabilities. CIL is not applicable.

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Key Information

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