We are seeking planning consent for a new town, 10 miles Northwest from Aylesbury in Buckinghamshire and close to Oxford.

It will have a new railway station with services to Bicester, Oxford and London. It can deliver circa 11,600 homes. It will have a centre next to the station focused on meeting its own needs and of neighbouring villages in a sustainable way, including more school places and medical facilities.

The government announced in August that Aylesbury will need to build 2,200 homes a year going forward. The location is chosen for its transport links by rail and the A41 trunk road and a scale that can accommodate a quarter of the District’s 44,000 total housing need and two thirds of the recent increase. The goals of this scheme are so material to the challenges facing both Aylesbury Vale and the Buckinghamshire Unitary Authority that it cannot be ignored by the planners and local politicians alike. Ashendon is in the Knowledge Corridor linking Oxford and Cambridge and is central to government policy on creating jobs and homes in this arc which will draw on the strengths of the Universities.

This is a conservative proposal with 55% of the 770 acres used for development and density set at a modest 15 dwellings per gross hectare. The masterplan makes the local brook a key feature within a new lateral park. We envisage over 26 km of dedicated walking/cycling routes and a third of the land area will stay green, incorporating large amounts of space for sport and recreation. Residents can find employment in Oxford, Aylesbury, Bicester, Banbury, Birmingham and London travelling by either train or car.

From an investor perspective, a key aspect is that the land cost to us is less than 20% of the exit value and that planning can probably be achieved within 18 months which will mean investor returns come relatively quickly.