Development and property consultancy Mather Jamie has completed the sale of land which will be developed for new housing in North Leicestershire.
The 5.2-acre greenfield site in Wymeswold was brought to market by Mather Jamie acting as the sole agent with Rainier Developments which had promoted the site for housing and obtained consent for 65 units.
The land has been sold on an unconditional basis to private housebuilder Dandara which said it expected to start work on site later this year.
Mather Jamie's senior associate director Gary Kirk said: "The rise in house prices over recent months means there is high demand for this type of greenfield development site.
"This is creating unprecedented opportunities for the owners of land that has development potential….we are delighted to have been successful in matching our vendor with Dandara as we know they will be sensitive to the needs of the local community and environment."
Joshua Sinnett, managing director of Rainier Developments, added. "We are pleased to have completed the sale of the land at Wymeswold to Dandara which will help support their ambitious growth plans across the East Midlands.
"Having promoted the land on behalf of the landowner since 2019, the site will provide much-needed family housing in this sought after Leicestershire village."