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House Prices in OX7 House Prices in OX7 (Chipping Norton)

The average house price in OX7 (Chipping Norton) is £585,500 using HM Land Registry data.

The average property price increased by £138,153 (48.88%) over the last 5 years and increased by £27,682 (6.39%) over the last 12 months.

Over the last year, there were 254 residential property sales – a decrease of 92 transactions (-36.22%) relative to the previous year. The majority of house sales (74) were in the £190,000 - £370,000 range. Then came properties in the £370,000 - £550,000 range, where 72 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,698 (-3%).

In Oct 24, there were 63 new estate agency instructions, 59 agreed home sales and 41 property price reductions.

Nearby Postcodes: CV35, CV36, CV37, GL20, GL52, GL53, GL54, GL55, GL56, GL7, HP18, OX13, OX15, OX16, OX17, OX18, OX2, OX20, OX25, OX26, OX27, OX28, OX29, OX5, SN7, WR11, WR12

5-Year Average Property Prices in OX7 (Chipping Norton)

48.88%

Property prices in Chipping Norton increased by 48.88% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in OX7 (Chipping Norton) Over the Last Year

6.39%

Property prices in Chipping Norton increased by 6.39% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for OX7 (Chipping Norton) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in OX7 (Chipping Norton)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in OX7 (Chipping Norton)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in OX7 (Chipping Norton)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the OX7 (Chipping Norton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OX7 postcode area since 1995.

Recent Sales in OX7 (Chipping Norton)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
47 Lords Piece Road, Chipping Norton, Oxfordshire, OX7 5HT£375,000£375,000£0020 Mar 202416 Aug 2024149 Days
44 Burford Road, Chipping Norton, Oxfordshire, OX7 5DZ£475,000£450,000-£25,00007 Mar 202414 Aug 2024160 Days
28 High Street, Finstock, Chipping Norton, Oxfordshire, OX7 3BY£695,000£675,000-£20,00002 Apr 202405 Aug 2024125 Days
16 Hill Close, Chipping Norton, Oxfordshire, OX7 5JQ£315,000£315,000£0017 Apr 202402 Aug 2024107 Days
34 Shepard Way, Chipping Norton, Oxfordshire, OX7 5BE£179,950£179,950£0030 Nov 202302 Aug 2024246 Days
62 The Slade, Charlbury, Chipping Norton, Oxfordshire, OX7 3SJ£1,000,000£925,000-£75,00022 Dec 202301 Aug 2024223 Days
11 Distons Lane, Chipping Norton, Oxfordshire, OX7 5NY£425,000£395,000-£30,00007 Feb 202424 Jul 2024168 Days
Corn Mill House, Market Street, Charlbury, Chipping Norton, Oxfordshire, OX7 3PL£800,000£785,000-£15,00007 Jun 202318 Jul 2024407 Days
4 The Green, Charlbury, Chipping Norton, Oxfordshire, OX7 3QA£325,000£325,000£0011 Nov 202317 Jul 2024249 Days
Mill Cottage, Shipton Road, Milton Under Wychwood, Chipping Norton, Oxfordshire, OX7 6JS£450,000£400,000-£50,00005 Dec 202312 Jul 2024220 Days
42 Hughes Close, Charlbury, Chipping Norton, Oxfordshire, OX7 3SU£275,000£270,000-£5,00020 Feb 202411 Jul 2024142 Days
9 Orchard Way, Middle Barton, Chipping Norton, Oxfordshire, OX7 7EZ£250,000£247,000-£3,00028 Mar 202405 Jul 202499 Days
Flat 19, Kingstone Court, Wards Road, Chipping Norton, Oxfordshire, OX7 5BP£80,000£75,000-£5,00016 Jun 202303 Jul 2024383 Days
24 Rock Hill, Chipping Norton, Oxfordshire, OX7 5BA£450,000£440,000-£10,00013 Feb 202426 Jun 2024134 Days
Gables, Radbone Hill, Over Norton, Chipping Norton, Oxfordshire, OX7 5RA£700,000£690,000-£10,00007 Jul 202321 Jun 2024350 Days
Aviemore, Shipton Road, Milton Under Wychwood, Chipping Norton, Oxfordshire, OX7 6JW£450,000£425,000-£25,00007 Feb 202419 Jun 2024133 Days
36 Lords Piece Road, Chipping Norton, Oxfordshire, OX7 5HT£375,000£375,000£0012 Mar 202412 Jun 202492 Days
30 Dunstan Avenue, Chipping Norton, Oxfordshire, OX7 5LX£350,000£350,000£0004 Mar 202424 May 202481 Days
16 Pearce Drive, Chipping Norton, Oxfordshire, OX7 5HY£285,000£282,000-£3,00015 Feb 202423 May 202498 Days
92 Walterbush Road, Chipping Norton, Oxfordshire, OX7 5DQ£290,000£290,000£0020 Feb 202414 May 202484 Days

Most Expensive Streets in OX7 (Chipping Norton)

PostcodeStreetAreaAverageNo. of Sales
OX7 3LXEast End, ChadlingtonChipping Norton£3,580,1254
OX7 4HLLidstoneChipping Norton£2,258,6663
OX7 4EBRadfordChipping Norton£1,698,7504
OX7 3ETWoodstock Road, CharlburyChipping Norton£1,413,0004
OX7 6NWJunction Road, ChurchillChipping Norton£1,334,7508
OX7 7AGManor Road, Sandford St MartinChipping Norton£1,308,5009
OX7 7ANLedwellChipping Norton£1,253,3333
OX7 6DQHigh Street, Shipton Under WychwoodChipping Norton£1,250,0003
OX7 3JLTastonChipping Norton£1,155,0007
OX7 5RXChurch End, Great RollrightChipping Norton£1,114,7857

Least Expensive Streets in OX7 (Chipping Norton)

PostcodeStreetAreaAverageNo. of Sales
OX7 5BPKingstone Court, Wards RoadChipping Norton£95,60811
OX7 5DBNorton Green Court, The GreenChipping Norton£127,2077
OX7 6GFThe Paddocks, Shipton RoadChipping Norton£142,9366
OX7 4LWKenelm Court, Cleveley RoadChipping Norton£149,6666
OX7 5DEPear Tree CourtChipping Norton£160,0004
OX7 5LPKings Head CourtChipping Norton£166,6663
OX7 6FGHarmans Court, Jubilee LaneChipping Norton£171,3005
OX7 5LSFinsbury PlaceChipping Norton£175,4166
OX7 6DEBowerham, Ascott RoadChipping Norton£180,90911
OX7 5DTCotswold CrescentChipping Norton£186,5004

Explore OX7 (Chipping Norton) using map

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