It is just a named locality at the moment. Not sure the council really knows what it’ll be yet, but at least they’ve been trying for a few years now to turn it into something amenable. Right now a name and hope is all there is 😀. I’ve been driving past it for most of my life thinking “there could be something awesome here”.

As for segments, yes, they should be cleaned up. I can’t do that in my everyday editor though; I’d have to fire up JOSM.