Luxury housebuilder Elivia Homes has more than doubled its turnover but remains in the red following an increase in interest charges.

The housebuilder, which is owned by funds advised by Octopus Investment and operates in the south east of England, reported turnover of £116.1m for the year to 30 June 2025 up 127% on the £51.5m reported for the previous year. The group’s completions increased from 117 to 211 and its asking price rose from £438,000 to £548,000.