Work will include construction of 1,725 homes, 19,000 sq m of commercial space and a new primary school. 

Inland said the first phase of 195 homes “will be brought forward at the earliest opportunity.”

Stephen Wicks, Chief Executive, said: “Cheshunt Lakeside is the largest planning approval obtained by Inland Homes since its incorporation and a major milestone for the business.

 “The development of what will become a new “urban village” will sit in 8 acres of landscaped grounds, together with the creation of a new Public Square, shops, cafes and offices close to Cheshunt Station and will create a superb environment for residents and businesses alike.”