Persimmon Homes land deal to bring 174 homes to Caerphilly
The housebuilder will now submit a revised planning application before beginning groundworks early next year.
The first sales are expected to be completed by the end of 2026.
As part of a Section 106 agreement, the developer will also make a financial contribution for community infrastructure in the area.
Persimmon Homes East Wales managing director, Lee Hawker, said: "Persimmon already have a strong record with local and first-time buyers in Wales, and I am delighted we can now extend our strong offering to people in Caerphilly, through the provision of much-needed, low-cost, high-quality homes.
"It has taken a big team effort from everyone in the East Wales business to get this land purchase over the line – I commend them on their brilliant work and look forward to making our plans a reality.
"We at Persimmon look forward to working closely with the local authority and the community to ensure our proposals development are soon delivered to a high standard in Caerphilly."
Persimmon Homes East Wales already has sites in Capel Llaniltern, Ebbw Vale, Llanwern, and Twynyrodyn, as well as Lydney in the Forest of Dean, and Leominster in Herefordshire.
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