Alistair Redhouse Lakesmere Close, Marketing Report | Page 5

Lakesmere Close, Kidlington Oxfordshire Site Description The site is situated off of the A4260 just to the north of the main Kidlington High Street and close to local employers at Station Fields industrial estate and the nearby Langford Locks. The site is currently occupied by a twenty commercial units. There is a good mix of both commercial and residential accommodation near the site. Site Location Kidlington provides excellent local amenities including a wide range of shops, banks, a library, doctors’ and dentists’ surgeries and schooling for all ages. Gosford Sports Centre has an indoor pool, a well equipped gym and squash courts. The village is particularly well placed for easy access to the centre of Oxford, with a frequent bus service passing nearby the development. It is also well positioned for the M40 to the North and the M4 to the South. Kidlington is expected to see continued growth in property values with the introduction of the Oxford, Water Eaton station just to the south of Kidlington. It was recently mentioned in the Evening Standard as a place to invest for this reason. Population With a population of 15,500, Kidlington is classified as the largest village in England. The village has grown considerably since the end of World War II with developments such as Garden City in the 1950’s, Grovelands in the 60’s & 70’s and further developments off Lyne Road in the 70’s & 80’s. This rapid growth and exceptional public transport links has led to Kidlington being a desirable location for people who work in, or around, Oxford but who need or want a more economical pound per square foot for their property. This too is an attractive factor for the young professionals and investment buyers who are our target market for the units.