The future of an RAF base which is earmarked for closure has finally been settled after the Ministry of Defence announced it will sell the site, paving the way for 4,000 homes to be built.

Debate has raged over what will happen to RAF Mildenhall since last January, when the US Air Force (USAF) confirmed it would be leaving the site by 2022.

But the Ministry of Defence confirmed yesterday that the site was one of 12 it will be releasing in order to raise £500m to pump back into the defence budget.

RAF Barnham, near Thetford, is also included in the list. The camp currently serves as a satellite base for RAF Honington.

Only part of the 1,100-acre Mildenhall site will be used for housing, according to the MOD, with space freed up for 4,000 homes.

News of the sale followed a year of campaigning by Forest Heath District Council for a prompt decision on the Mildenhall site.

James Waters, leader, said he was pleased it had been reached, but called for a suitable plan going forward.

'The future use of the site has to be one that meets local needs – and that is not about simply selling off land for housing,' he said.

'We need to be replacing jobs with jobs and working with our communities to ensure a prosperous future.

'Now the hard work really begins.

'Whatever the future use for the airbase site may be, it will dramatically change the future not just of the Mildenhall area, but of West Suffolk and the wider sub region.'

It was recently revealed that RAF Mildenhall and RAF Lakenheath contribute £700m to the local economy. Mr Waters said losing the USAF was a blow, but presented opportunities.

'While the potential impact of the base closure is clear to see, we are well positioned to ensure the jobs lost from the closure of RAF Mildenhall are replaced with new jobs, and the houses left by Mildenhall base personnel are quickly filled.

'The £120m dualling of the A11, linking Norwich to Cambridge and London, offers huge potential for economic growth in this area.

'Cambridge is a world leader in science and innovation and is bursting at the seams and we are only 12 miles down the road,' he said.

Matthew Hancock, MP for West Suffolk, said he was pleased with the decision.

'Given the Americans had decided to leave, this early decision by the government today on the future of RAF Mildenhall is very good news and I am pleased that there is a clear plan of action for the base.

'Of course, those affected and working on the base need to be supported through these changes and I will ensure this happens.

'I will also continue to work very closely through the council and local constituents to make sure we make the best of this potential and secure Mildenhall's future'.

Mark Lancaster, defence minister, said the sale was part of a strategy to reduce the MOD's estate by 30pc.

'By streamlining the defence estate, we will ensure that it better meets the needs of the armed forces well into the future.

'Defence has the strongest incentive to become more efficient, with every pound we make by disposing of excess land reinvested into a defence budget to keep Britain safe,' he said.

A working group has already been set up to engage the key stakeholders involved in the base as the Americans prepare to withdraw.

•What do you think about the use of the sites? Email andrew.fitchett@archant.co.uk