In 1950, Oxford council offered the society a 75 year lease on a site earmarked for housing elderly people on the Northway Estate, which was being developed to the north-east of the city. The society accepted the site and commissioned Mr Rayson to design the two-storey building containing 16 single and 4 double flats. Town planning and building approvals were obtained anf the work went out to tender towards the end of 1951. The first tenders were regarded as unreasonably high and a second round was invited by public advertisement. A tender from Knowles and Son of Oxford (£21,387) was accepted and building began towards the end of 1952. The council agreed to make a mortgage loan of £20,000 for 60 years and the Society was assured of exchequer and rate subsidies for the same period. A commemorative stone was laid on 29th September 1953 by the Mayor of Oxford, Councillor A. B. Brown and on the same occasion the Oxford and District Co-operative Society presented the Society with a chequq for £1,700 from an aged member's trust fund. The council retained the right of nominating tenants for 10 years. The building, called Chaundy House, after the long serving Chairman of the Society, was handed over in stages during the second half of 1954 and an informal opening of the last two flats was performed by Mrs Chaundy on the 18th December 1954. Chaundy House consisted of three blocks: a centre block of four flats with separate sitting rooms and bedrooms and two others of eight flats, each with bed-sitting rooms. An 'Open Day' was held on the 10th May 1955, when the guest speaker was the Dean of Christ Church, the Very Rev. John Lowe, and some 60 visitors took tea with the tenants. The final cost of the project was £23,571, making an average of £1,178.10s a flat. The initial weekly rents approved by the council, were 16s 6d for the centre block flats and 15s 6d for the others.