---
title: "Homes England Water Lane, Exeter Valuation"
ocid: "ocds-h6vhtk-0777c2"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0777c2"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0777c2.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0777c2.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "Homes England (the name adopted by the Homes and Communities Agency)"
published: "2026-09-22"
---

# Homes England Water Lane, Exeter Valuation

Buyer: Homes England (the name adopted by the Homes and Communities Agency)  
Current stage: Award  
OCID: ocds-h6vhtk-0777c2

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## Summary

Homes England commissioned a professional real estate valuation of its Water Lane site in Exeter. The purpose was to inform a potential acquisition, so the requirement centres on establishing the site's value rather than carrying out construction, development or property management. The service is classified as real estate services (CPV 70000000). Homes England, the public authority responsible for the procurement, is the buyer. The work relates to the Water Lane site in Exeter, with delivery recorded in the United Kingdom. This is a single-service requirement awarded as one lot, and is relevant to firms providing property valuation advice for public-sector land acquisition decisions.

The procurement is complete and the contract is active. Homes England used a selective, non-competitive route: a below-threshold award under an existing framework. The contract was signed on 19 June 2026, runs from 25 June to 31 July 2026, and was awarded to Savills (UK) Ltd. The contract value is £15,300 excluding VAT and £18,360 including VAT. The requirement was evaluated and awarded through the framework route rather than an open competition. It concerns one completed lot for the Red Book valuation of the Water Lane, Exeter site. The published outcome confirms Savills as the selected supplier.

For competing firms, this award demonstrates demand from Homes England for formal property valuation to support potential land acquisitions. A credible future supplier would need the professional capability to inspect and assess a development or acquisition site, produce a valuation compliant with the RICS Red Book, and present evidence that can support public-sector investment and acquisition decisions. Relevant experience in real estate valuation, land and development appraisal, and advising public bodies or institutional clients would strengthen a comparable proposition. The procurement also shows that Homes England uses a framework-based, below-threshold route for this type of specialist service, so firms seeking similar work should consider the framework route and maintain the capacity to deliver a focused valuation assignment.

## Notice

Instruction by Homes England to carry out a Red Book Valuation of the site to inform the potential acquisition.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/089741-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Below threshold - award under framework |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 22 Sep 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 25 Jun 2026 - 31 Jul 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £15,300 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | Homes England (the name adopted by the Homes and Communities Agency) |
| Locality | NEWCASTLE UPON TYNE |
| Postcode area | Newcastle upon Tyne |
| Postcode | NE4 5BZ |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | Newcastle upon Tyne |
| Electoral ward | Arthur's Hill |
| Westminster constituency | Newcastle upon Tyne Central and West |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | Savills |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70000000 - Real estate services

## Release History

- 22 Sep 2026 at 15:16 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/089741-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/089741-2026
  22nd September 2026 - Contract details notice on Find a Tender

## Notice URLs

- https://www.find-tender.service.gov.uk/api/1.0/ocdsReleasePackages/ocds-h6vhtk-050cf6
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0777c2. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0777c2.json.