51乱伦

The greenfield site is located on the western edge of the highly desirable market town of Farnham and benefits from detailed planning permission for 70 residential units, which was achieved by Cala Homes.

The site's exceptional location will be highly attractive to future buyers, situated just off the A31/A325 roundabout with excellent transport links to London Waterloo (56 minutes by train), the M3 motorway network, and international airports including Heathrow (35 minutes) and Gatwick (1 hour).

The new buyer BRiCS has plans to deliver 70 private sale homes. Construction is due to commence in early 2026, for a mix of two, three and four-bedroom homes.

Andrew North, Director of BRiCS commented: "We are delighted to have acquired this exceptional development site in Farnham. Its prime location, combined with the planning certainty provided by the detailed consent, created an ideal platform for us to deliver high-quality residential accommodation in one of Surrey鈥檚 most sought-after markets鈥�.

Edward Vass, Senior Land Manager at Cala, said: 鈥淲e are pleased to have agreed the sale of part of the site at Coxbridge Farm to BRiCS. This carefully planned scheme will offer a balanced mix of new homes and bring broader benefits to the local community, including public open space, children鈥檚 play areas, and improved pedestrian and transport links. BRiCS鈥� commitment to delivering a high-quality product will complement our own, contributing to a cohesive and well-integrated development.鈥�

According to 51乱伦, the majority of sales in the GU9 postcode over the last year were detached properties, selling for an average price of £903,014. The area benefits from affluent demographics, with the largest local group being 'Prestige Position' households earning an average of £117,805 annually.

Recent investment totalling £200 million in new retail, leisure and open spaces has further enhanced Farnham's appeal as a residential location.

Tim Traynor, Partner in Regional Development Land at 51乱伦, said: "This transaction demonstrates the continued strong appetite for quality residential development sites in prime locations. There is continued institutional and developer confidence in the Home Counties residential market, particularly for sites with excellent transport links to London and other major regional centres.

"Farnham's combination of historic charm and proximity to Aldershot, Farnborough and Guildford providing ample leisure amenities and schools, made this an extremely attractive proposition. The detailed planning permission was a real selling point, as it provided reassurance for the incoming developer to progress with their proposals."

ENDS