Story Homes plans next 260 houses in Penrith
Summary
Story Homes is preparing a third phase of its Fairways development in Penrith, with proposals for 260 homes and a community centre on grazing land off Green Lane and Inglewood Road. The site is in flood zone one, and the developer says flood risk will be addressed through a site-specific assessment and sustainable drainage measures.
Why it matters
Residential surveyors may need to track the planning and flood-risk implications of a substantial new housing phase, particularly where site constraints and drainage strategy could affect deliverability and value. The mix of housing, affordable provision and access arrangements may also be relevant to valuation and development appraisal work.
Key points
- Phase three would add 260 homes and a community centre to the Fairways scheme.
- The proposal would be built on 26 acres of grazing land in Penrith.
- The site is in flood zone one, with mitigation expected through flood risk assessment and SuDS.
- Affordable housing is expected as part of the scheme.
- Planning reference 2026/1274/SCREEN has been submitted to Westmorland and Furness Council.
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