Work underway on £42m Coalville housing development

Published 12th February 2026 by Lovell

Lovell has started construction on a £42m development of almost 150 homes in Coalville. 

Initial groundworks have begun at the developer's Swinfen Vale development on Beveridge Lane, Ellistown.

The 10.4-acre greenfield site forms part of a wider area redevelopment led by Harworth Estates and, once complete, will provide 146 new homes, comprising a mix of one- to four-bedroom properties.

Of the total homes planned, 135 will be for open market sale, alongside 11 affordable units. 

As part of its planning obligations, Lovell Homes will also make a financial contribution of circa £1m to support local infrastructure and services in Coalville. 

Regional sales director at Lovell Homes, Dawn Bennet, said: "The start of works at Swinfen Vale is an important step for this development and for Coalville. This is a thoughtfully planned scheme that will deliver a wide choice of high-quality, energy-efficient homes, supporting both local housing needs and the continued regeneration of the area. 

"We're looking forward to seeing the development take shape and welcoming our first customers later this year."

The first homes at Swinfen Vale are expected to be released for sale in July 2026, with the first residents anticipated to move in from September.

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