GROWING competition for fewer properties is pushing up prices in the East Midlands, but with new homes in Broughton, Northants, ready and waiting buyers could avoid further increases.
Research from home.co.uk suggests there’s been an 8% drop in supply in the East Midlands over the last year. As a result homes in the area are selling quicker than the national average and prices in the region have increased by 5.1% year on year. Analysts are predicting further rises over the next two years due to the broadening gap between supply and demand.
Helping to bridge that gap, is Redrow’s Cransley Green development in Broughton.
Combining traditional Arts & Crafts inspired architecture with high specification modern interiors, the homes are proving popular with more than a third of the properties now sold.
Tonia Tyler, sales director for Redrow Homes (South Midlands), said: “Around a dozen homeowners have now moved into Cransley Green and, as building work progresses, it’s sparking further enquiries from potential purchasers. There’s a real sense of urgency amongst buyers and we’re already taking ‘early bird’ reservations for properties not yet on release. What people may not realise is that they don’t have to wait as we do have a few properties that are ready and waiting for the finishing touches that really make a house a home.”
At the heart of the property is an expansive kitchen, dining and family room. This inviting, sociable space is complemented by a separate lounge. A handy utility and convenient cloakroom complete the ground floor accommodation.
Upstairs, there are four generous bedrooms, with the master bedroom benefiting from an en-suite, leaving the remaining bedrooms to share the family bathroom.
“We’ve had lots of positive feedback about how the design of the Cambridge is conducive to family living as it offers the perfect balance between shared and private space,” Tonia added.
“We’d encourage anyone looking for a family home in the area to get in touch without delay as not only could they move in a matter of weeks, they could avoid the price increases experts are predicting.”
Located on Cox’s Lane in Broughton, Cransley Green offers the chance to embrace village living. Broughton is home to a Co-op, post office and community centre, which is well used by various clubs and societies.
Kettering station is only a 10 minute drive away, offering commuter links to Leicester or London.
Show homes at Cransley Green are open daily from 10am to 5pm. For more information call 01536 238582 or see www.redrow.co.uk/cransley.
Editor’s footnote: Established more than 40 years, Redrow Homes is one of the UK’s leading house builders, with a £1billion turnover and building more than 4,000 homes in 2014/15 financial year.
Operating across England and Wales, there is a strong emphasis on providing high quality homes in prime locations and its housing ranges feature designs to suit all lifestyles:
• The Heritage Collection combines traditional looking, ‘Arts & Crafts’ influenced exteriors with bright, modern, high specification interiors.
• The classically styled Regent Collection features Georgian inspired street scenes and architecture.
• Redrow has also launched a new brand of contemporary homes in Abode, which boast open plan layouts with streamlined kitchen, dining and lounge areas, high specification wet rooms and outdoor living space.
Redrow also creates exclusive bespoke developments in both rural and urban locations. The company has won numerous awards over the years, including, most recently, the Gold Award for Best Large Housebuilder at the What House? Awards 2015 and 2014, Best House Design at the Sunday Times British Home Awards 2015 and the 2014 Building Awards Housebuilder of the Year. Its ‘My Redrow’ online tool won the overall Customer Engagement category at the 2013 Peer Awards for Excellence. Web: www.redrow.co.uk.