November 10, 2017

180,000 extra homes to come to Leicestershire by 2050

180,000 extra homes to come to Leicestershire by 2050

Leicestershire’s population is continuing to increase and it is now estimated that over one million live in the county. Figures released by the city council project found that in Leicester, the population is expected to grow by 12 per cent over the next decade-and-a-half.

To meet future housing demand, officials have suggested that more than 180,000 new homes will need to be built across Leicestershire by 2050. Leicestershire councils are now beginning the process of trying to work out where new housing developments will be.

Leicestershire strategic growth plan

To decide where the new houses will be, Leicestershire County Council and the eight district authorities have drawn up a draft proposal called the strategic growth plan.

The eight Leicestershire districts: Charnwood, Melton, Harborough, Oadby and Wigston, Blaby, Hinckley and Bosworth, North West Leicestershire and City of Leicester have released a draft proposal of the amount of housing delegated to each area.

However, specific locations for the vast majority of them still have to be found and approved by councils.

In total, some 96,580 homes are needed by 2031 and it is estimated in the plan that a further 90,500 will then need to be built by 2050. The figures cover a period beginning in 2011, so a proportion of those homes have already been built.

Before Christmas, councils will decide whether they want to approve the strategic growth plan and commit to their district’s housing targets.

You can read more about the Leicestershire Strategic Growth Plan here.

Midland housing developments

If you have land suitable for a building conversion, Andrew Granger & Co provide a detailed assessment in terms of valuation, planning permission and disposal.

Our knowledge of the industry often means that we can place sites with the most competitive buyers who have a proven track record of performing in a straightforward way. We are constantly seeking development opportunities for between 5-50+ houses in the Midlands area.

For more information about our services, contact the Andrew Granger planning team.