North Devon to Build New Homes Amid Surging National Housing Demand
A new housing development is set to open in North Devon, responding to the growing demand for residential properties. Tarka Coombe, located in Landkey near Barnstaple, will welcome buyers on Saturday, January 24. The opening features two show homes for prospective homeowners to explore.
Background of Housing Demand in England
The United Kingdom is experiencing a significant housing crisis. Government statistics indicate that approximately 300,000 new homes must be constructed in England annually to accommodate population growth and new households. However, the latest data reveals that housing supply has consistently fallen short of this target.
Current Housing Shortfall
By mid-2025, net additional homes in England are projected to remain well below the necessary benchmark established over the past five years. Industry organizations and housing charities express concern that without enhanced policy support, the goal of adding 1.5 million new homes during the current Parliament may not be achievable.
Local Impact and Development Plans
In North Devon and neighboring Torridge, updated national housing obligations require local councils to plan for over 1,300 new homes each year, significantly exceeding previous targets. This increase raises concerns for local authorities, who strive to balance new development with the preservation of regional landscapes.
Challenges of Homeownership
The average house prices in Devon are disproportionately high compared to local incomes, posing challenges for many residents aspiring to homeownership. The Tarka Coombe development aims to alleviate some of these issues by providing 105 new homes, including 45 affordable units to help residents find housing near places of work and family.
Features of Tarka Coombe Development
- 105 new homes designed with energy efficiency in mind.
- Inclusion of electric vehicle charging points in selected homes.
- Provision of green spaces and community facility enhancements.
- Proximity to local amenities such as shops, a pub, a post office, and a primary school.
- Excellent transport links to Barnstaple and Exeter.
Individuals interested in visiting the opening weekend of Tarka Coombe on January 24 are encouraged to register in advance with the developer. As North Devon continues to address the demands of housing, the Tarka Coombe project represents a crucial step toward meeting the needs of its residents.
