New homes take big step forward in West Midlands

The purchase enables the delivery of 132 homes at Penson Grange after Persimmon secure planning consent in August last year. Initial preparatory works are now underway.

The development will comprise a mix of two, three, four and five-bedroom homes, all built to modern energy efficiency standards and fitted with air source heat pumps and electric vehicle charging points as standard.

Alongside housing delivery, the plans include almost five acres of public open space, new green infrastructure and a biodiversity net gain of more than 10%.

Joe Turner, Managing Director at Persimmon West Midlands, said: “Completing the land purchase and starting work on site is a significant milestone. We’re bringing forward much-needed, sustainable homes for local people, alongside new open spaces and investment in the community.”

Charlie Steele, Partner in Regional Residential Development team at Knight Frank said: "We’re pleased to have delivered an outcome that works for all parties, and it has been a pleasure supporting our client throughout the process. With a clear need for housing in the area, it’s rewarding to know we’ve played a part in enabling a future development that will no doubt be in high demand. We look forward to seeing the scheme progress.”

Homes at Penson Grange will be released for sale soon. Prospective buyers can register their interest now to speak with a sales advisor and begin their new-home journey.

Find out more: www.persimmonhomes.com/new-homes/west-midlands/penson-grange

Notes to Editors

Knight Frank LLP is the leading independent global property consultancy, serving as our clients’ partners in property for 128 years. Headquartered in London, Knight Frank has more than 20,000 people operating from 600 offices across 50 territories. The Group advises clients ranging from individual owners and buyers to major developers, investors and corporate tenants. For further information about the Firm, please visit knightfrank.com.