HOMEBUILDER Persimmon Homes Anglia has announced plans for more than 320 new homes in a signal that confidence may be returning to the construction sector.
The Lowestoft-based firm – the regional division of national company Persimmon Homes – has bought a 29.5-acre plot in Wymondham from former owners Downham Thirty.
The site, which Persimmon says has a development value of about �60m, will be used for 323 new homes, including 81 affordable properties.
Details of the proposed development will be submitted to South Norfolk District Council shortly with work expected to begin in the spring.
Andrew Fuller, managing director for Persimmon Homes Anglia, said: 'It is great to once again be in a position where we can concentrate on noteworthy and strategic land acquisitions, which highlights our commitment to supporting regional housing requirements.
'I believe our proposed new development will bring much needed new housing to the area, enabling local people to continue to live in desirable surroundings at a price they can afford.'
Earlier in the month Persimmon nationally reported a 27pc increase in turnover in the first half of the year, with the number of homes sold up 16pc over the same period of 2009.
Persimmon Homes Anglia was formed in 1976 from Persimmon group, and employs about 55 people.
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