It’s a long and complex story, but Mendip’s Local Plan is being updated to include revised locations for circa 500 new houses to be built between now and 2029. The site allocation process included six potential sites in Rode, although none of these sites were chosen.
There is more information about the process, together with a link to the Somerset Council consultation exercise, in the Planning Matters section of the website: https://www.rodevillage.com/parish-council/planning/local-plan-part-2/