New affordable homes take shape in Chesterton
Excitement mounted this week as construction progressed on a new £1.8 million Stonewater development of 15 affordable homes at The Green in Chesterton, Bicester. Eleven homes will be offered for affordable rent and four for shared ownership. The homes are due for completion this summer.
Stonewater, one of the UK’s leading social housing providers, formed from the merger of Jephson and Raglan at the start of this year, is working with Cherwell District Council and construction company Hill Partnerships to deliver the much-needed homes for local people.
The new housing development which will help address the shortage of high quality, low-cost homes in the area, will offer a mix of four one-bedroom flats, five two-bedroom houses and two three-bedroom houses for affordable rent. Stonewater will provide three two-bedroom homes and one three-bedroom house for shared ownership.
All the properties will achieve a Code for Sustainable Homes Level 3 energy-efficiency rating which measures the sustainability of new homes against categories such as carbon emissions, materials and water. The investment will mean a lower carbon footprint and reduced fuel bills for residents.
“We’re delighted that construction is progressing well on this important housing scheme which we hope will go some way towards meeting the current high demand for quality affordable housing in the Bicester area. This development will not only benefit local people and their families living here but will help ensure the future sustainability and economic prosperity of the community,” said Stonewater Business Development Manager Matthew Crucefix. “It’s also great to be working with Cherwell District Council again on this attractive and conveniently located new housing development which we hope will become a thriving community for residents for many years to come.”
The Chesterton development is one of two affordable housing schemes Stonewater is currently delivering in the Cherwell District. The housing provider also has a new £2.8 million scheme of 24 affordable homes under construction at Longford Park in Banbury.
Cllr Debbie Pickford, lead member for housing at Cherwell District Council, said: “I have had the pleasure of visiting the site at Chesterton and was very impressed with the homes which are being created. Very soon these properties will give our local residents the opportunity to get onto the housing ladder through shared ownership and affordable rent schemes. It has been great to work with our partners Stonewater on delivering this project.”