Welcome to the Anchorwood Bank website. On this website you will find information about the exciting development proposed for this important site in Barnstaple along with news about the progress of building works.

If you have any questions or enquiries about the project you can contact the development team by clicking here.


Anchorwood Bank is the most important development site in Barnstaple. Over the next five years, owners North Devon Homes and Wessex Investors intend to create an exciting new riverside quarter for living, shopping and relaxing right next to the town centre, along with creating hundreds of new jobs.

Outline planning permission is already in place for a comprehensive regeneration scheme across the site with a range of uses including a new ASDA store, new homes, additional retail space and leisure uses including restaurants and cafés.

Phase 1 of the development which includes the new ASDA, a nature reserve, highways works and a riverside walkway linking the Tarka Trail with Long Bridge was completed in 2016.

New homes on the site are being developed by local experts North Devon Homes and Pearce Homes during phase 2; the first homes are expected to be delivered in 2019. Planning approval has also been given for the new retail and restaurant area and work started on this in June 2017.

Uses for the area of the site adjacent to Long Bridge, which includes the site’s remaining Oliver Buildings, are being discussed with local stakeholders before plans are drawn up and exhibited to the public.

Once complete this once derelict site is expected to be a major asset to Barnstaple and enhance the town’s reputation as a destination for visitors from across North Devon and beyond.