The cost of the road is likely to be £25 million:
- £6 million will be funded through Central Government's Communities and Local Government Growth Area Fund.
- The remainder will be funded by developers working in the area.
The original estimate for the road was £18 million and this has risen for a number of reasons.
Inflation has risen more than originally predicted, the costs of materials and labour have increased and a higher specification for the bridge over the railway has been incorporated into the designs.