Inland Homes has sold its Brooklands College site in Ashford, Middlesex, to A2 Dominion for £29.7m and will undertake the development phase as well bringing the total deal to £94.7m.

The development will comprise 357 high quality, one-to-five storey homes, 619 sqm of commercial space and the provision of 442 sqm of educational space, together with public open space, associated car parking and infrastructure upgrades.

Stephen Wicks, CEO of Inland Homes, said: “This is a major step forward for Inland. Not only is it the largest land sale in the Group’s history, but it also represents a major build contract for Inland Partnerships, which now has a forward order book of approximately £100m. These transactions allow us to recognise land profits while also securing self-funding, cash positive construction contracts that provide a balance to open market speculative housebuilding.”

As part of the transaction, the 619 sqm of commercial space will be transferred back to Inland for a nominal sum once construction is complete.

Expected to take four years, construction work has already commenced on the 10 acre, town centre site, situated within the M25 and 10 minutes’ drive from Heathrow Airport.