A PEMBROKESHIRE resident has launched a bold rescue plan to bring Oakwood Theme Park back to life — just two months after its shock closure was announced.

Oakwood, Wales’ largest theme park, closed its doors suddenly on March 4 after four decades of family fun. The site, owned by Spanish firm Aspro Parks, had faced a sharp decline in visitor numbers and growing financial challenges in recent years.

But now, a new proposal has been submitted by a local group known as Richens Leisure Projects (RLP), which aims to restore Oakwood to its former glory and turn it into a flagship attraction once again.

The man behind the bid, who wishes to remain anonymous, said the project is deeply personal. “I grew up in west Wales,” he told The Herald. “I remember every queue, every hill climb, every first drop. Oakwood wasn’t just a theme park — it was a rite of passage for so many children in Wales. You didn’t just go there. You remembered it.”

RLP says its proposal includes a phased investment plan, promising to repair and update ageing infrastructure, reintroduce popular rides, and generate over 100 seasonal jobs in the local economy.

“This isn’t about nostalgia — it’s about rebuilding pride. It’s about giving today’s kids the same memories we had, but doing it with proper community backing and long-term thinking,” the group said.

Since its closure, Oakwood has been stripped of several well-known attractions, and the future of the site remains unclear. However, the new bid aims to change that, and discussions with Aspro Parks have been initiated.

“We’re not here to pressure anyone,” RLP said. “We’re trying to do things properly and respectfully. But if the park’s future is undecided, we’re ready to step in. What we’ve put forward isn’t just an idea — it’s a fully costed, deliverable plan that can begin immediately if given the green light.”

Asked about funding, the group said it would not disclose specific backers at this stage due to the uncertain ownership position. However, it claims the business case is robust and based on professional financial modelling.

The campaign has already attracted support from local residents, many of whom were shocked by the park’s closure. A petition launched just days after the announcement gathered thousands of signatures.

RLP added: “We’ve kept this quiet until now, out of respect for the owners and the park’s legacy. But the time has come to show people that there is a serious option on the table. This doesn’t have to be the end for Oakwood — it can be the start of something new.”

The Herald contacted Aspro Parks for comment but had received no response at the time of going to press.

Background

Oakwood Theme Park first opened in 1987 as a small family attraction before expanding dramatically during the 1990s and early 2000s. It was home to popular rides including Megafobia, Hydro, and Speed, and welcomed hundreds of thousands of visitors each year at its peak.

In recent years, however, the park faced growing criticism over ageing infrastructure, rising prices, and the closure of key attractions. In March this year, its owners confirmed that keeping the park open was no longer viable.

Whether the new rescue plan will be accepted remains to be seen — but for many in Pembrokeshire, it offers a glimmer of hope that the thrills and laughter of Oakwood might one day return.

HOUSE prices in Pembrokeshire and Ceredigion have seen sharp fall in the first quarter of 2025.

The figures have been released by Principality Building Society in its Wales House Price Index for Q1 2025 (January – March), which demonstrates the rise and fall in house prices in each of the 22 local authorities in Wales.

Principality’s report shows that Pembrokeshire has recorded the largest annual drop in house prices in the region, decreasing by 4.8% to an average price of £238,730, though this figure is still higher than the national average.

In Ceredigion house prices saw a double-digit quarterly drop of 10.1% and 3.2% annual fall to an average price of £241,321. Despite a quarterly dip of 2.3%, the report presents a positive picture for Carmarthenshire with house prices up 2.7% from last year’s price to an average of £221,370.

On a national level, the average price of a home sold in Wales increased to £238,413 in the first quarter of 2025, up 2.2% on the previous quarter and 4.0% higher than the same period last year.

While affordability challenges remain, the steady rise in both prices and the number of transactions – which reached 10,000 in Q1 (up 20% on last year) – suggests buyer confidence is still growing, despite households continue to navigate cost-of-living pressures, an elevated rates environment and global economic uncertainty.

Overall, Principality Building Society research, based on HM Land Registry data, reveals that price declines in regional areas have eased over the past three quarters compared to the same period last year, offering some signs of stability for buyers and sellers in a shifting market.

Speaking about the Q1 House Price Index, Iain Mansfield, Chief Financial Officer at Principality Building Society, said:

“The housing market in Wales has had a positive start to 2025, with prices rising quarter on quarter at their fastest pace in over two years.

Despite a challenging economic backdrop, we’re seeing a year-on-year growth of transactions, spurred on by supply challenges and falling rates. Meanwhile, affordability remains a key factor shaping the market landscape.”

A key driver of the year-on-year transaction growth could be the ongoing supply issues with the last 25 years seeing a notable decline in house building in Wales.

Significant policy changes such as the extension of the Welsh Government’s Help to Buy scheme, second home tax adjustments, and plans to build more affordable housing aim to combat this challenge and curb investor activity.

Iain continues: “Across Westminster and Wales, housing is high on the agenda. Looking ahead, the UK Government remains publicly committed to extensive planning reforms – setting out an ambitious target to build 1.5 million homes over the next 5 years, representing a significant shift in the UK’s housing landscape.

“This, paired with the Welsh Government’s Help to Buy Wales extension and additional £10 million investment allocated to kickstart housing schemes across Wales signals a clear message that policymakers recognise the importance of housing to families and individuals across the country.

“Despite external pressures such as cost of living, inflation, and global economic pressures, the housing market in Wales is moving forward in a positive direction, with increased consumer confidence and areas of strong regional performance.

Principality Building Society is dedicated to working with housing associations and other developers to deliver sustainable housing solutions for communities across Wales as part of the solution; providing affordable, quality homes.”

Principality Building Society, a mutual organisation which is owned by Members, and not shareholders, aims to support and build a society of savers where everyone has a place to call home. For more information go to: www.principality.co.uk/mortgages/house-price-index.

FAT FREDDIES, the new family-run restaurant at the former Silverdale Inn in Johnston, has thanked customers for their overwhelming support after a temporary closure on Friday (May 16) due to teething problems with its order system.

The business, which launched earlier this week as part of a soft opening, faced technical issues with its till and printer setup, which led to confusion in the kitchen and order delays. The team made the decision to pause service mid-shift to investigate and fix the problems — and their honesty and transparency have earned them praise from loyal customers.

In a heartfelt social media post, the team wrote: “Even with additional staff, we were left with no choice but to end the mess that was building up and spend the afternoon problem-solving. Emotional and devastated, after a great opening week to be hit with these issues on our third day.”

Despite the setback, customers have rallied behind the business.

Jo Goldsmith commented: “We had a wonderful breakfast on Wednesday, absolutely delicious and fantastic service. Keep going!”

Roo Ash praised the team’s decision to take a break rather than “try to save a sinking boat,” adding: “You got this! Can’t wait to pop down!”

Another regular, Dianne Riddiford, was equally understanding: “Ahhh there’s always a few gremlins at the start. Enjoy the afternoon and we shall see you tomorrow morning.”

Emma Sutton said: “Sounds like you did the right thing, guys. Chin up, onwards and upwards.”

Even those who missed out are planning to return. Michael Butler said: “We came around 11am but were told the kitchen was closed due to catching up. We were gutted — will try come again.”

Fat Freddies confirmed they are now fully focused on getting everything operational again, with a larger team on hand for the weekend rush. The soft launch continues, with the owners saying the whole point was to iron out issues before a full-scale opening.

They added: “We’re gutted — but also so grateful for everyone’s support and understanding. We’ll be back stronger.”