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Chipping Norton House Prices Chipping Norton House Prices

The average house price in Chipping Norton is £280,600 using HM Land Registry data.

The average property price increased by £35,463 (10.77%) over the last 5 years and increased by £7,088 (1.98%) over the last 12 months.

Over the last year, there were 88 residential property sales – a decrease of 53 transactions (-60.23%) relative to the previous year. The majority of house sales (18) were in the £244,000 - £308,000 range. Then came properties in the £308,000 - £372,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,698 (-3%).

In April 2024, there were 21 new estate agency instructions, 17 agreed home sales and 7 property price reductions.

Postcodes Covered: OX7

5-Year Average Property Prices in Chipping Norton

10.77%

Property prices in Chipping Norton increased by 10.77% 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 Chipping Norton Over the Last Year

1.98%

Property prices in Chipping Norton increased by 1.98% 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 Chipping Norton - April 2024

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 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 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 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 Chipping Norton since 1995

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

Recent Property Sales in Chipping Norton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
27 Cooper Close, Chipping Norton, Oxfordshire, OX7 5BQ£275,000£255,000-£20,00011 Jan 202422 Mar 202471 Days
9 Finsbury Place, Chipping Norton, Oxfordshire, OX7 5LS£175,000£165,000-£10,00027 Nov 202323 Feb 202488 Days
36 Burford Road, Chipping Norton, Oxfordshire, OX7 5DZ£650,000£650,000£0006 Aug 202308 Feb 2024186 Days
9 Chalford Close, Chipping Norton, Oxfordshire, OX7 5PE£440,000£440,000£0030 Oct 202308 Feb 2024101 Days
4 Chalford Close, Chipping Norton, Oxfordshire, OX7 5PE£425,000£370,000-£55,00011 Jul 202319 Jan 2024192 Days
5 Tilsley Road, Chipping Norton, Oxfordshire, OX7 5JA£375,000£370,000-£5,00016 Oct 202316 Jan 202492 Days
28 Lords Piece Road, Chipping Norton, Oxfordshire, OX7 5HT£330,000£297,500-£32,50005 Jul 202320 Dec 2023168 Days
38 Shepard Way, Chipping Norton, Oxfordshire, OX7 5BE£200,000£190,000-£10,00027 Jun 202314 Dec 2023170 Days
24 Cotswold Crescent, Chipping Norton, Oxfordshire, OX7 5DS£350,000£350,000£0020 Jul 202308 Dec 2023141 Days
Flat 17, Mill View, West Street, Chipping Norton, Oxfordshire, OX7 5EU£100,000£96,000-£4,00015 Jun 202321 Nov 2023159 Days
1 Hitchmans Drive, Chipping Norton, Oxfordshire, OX7 5BG£300,000£300,000£0003 Jan 202313 Oct 2023283 Days
Flat 29, Kingstone Court, Wards Road, Chipping Norton, Oxfordshire, OX7 5BP£75,000£75,000£0014 Jul 202213 Oct 2023456 Days
41 Churchill Road, Chipping Norton, Oxfordshire, OX7 5HR£400,000£400,000£0020 Jun 202326 Sep 202398 Days
25 Rowell Way, Chipping Norton, Oxfordshire, OX7 5BD£450,000£430,000-£20,00015 Feb 202319 Sep 2023216 Days
9 West Street, Chipping Norton, Oxfordshire, OX7 5LH£850,000£720,000-£130,00010 Mar 202318 Sep 2023192 Days
31 Finsbury Place, Chipping Norton, Oxfordshire, OX7 5LS£200,000£192,500-£7,50019 May 202315 Sep 2023119 Days
5 Finsbury Place, Chipping Norton, Oxfordshire, OX7 5LS£220,000£212,500-£7,50009 Jun 202314 Sep 202397 Days
5 Chalford Close, Chipping Norton, Oxfordshire, OX7 5PE£325,000£300,000-£25,00023 Nov 202224 Aug 2023274 Days
20 Rock Hill, Chipping Norton, Oxfordshire, OX7 5BA£250,000£243,000-£7,00029 Mar 202321 Aug 2023145 Days
7 Kings Head Court, Chipping Norton, Oxfordshire, OX7 5LP£210,000£162,000-£48,00019 May 202207 Aug 2023445 Days

Most Expensive Streets in Chipping Norton

PostcodeStreetAreaAverageNo. of Sales
OX7 5EEBurford RoadChipping Norton£831,6663
OX7 5AURockhill Farm CourtChipping Norton£790,0003
OX7 5EXWest EndChipping Norton£580,3333
OX7 5FNLondon RoadChipping Norton£490,0003
OX7 5SPHowes LaneChipping Norton£484,2229
OX7 5HJThe LeysChipping Norton£482,27211
OX7 5HHThe LeysChipping Norton£476,1258
OX7 5UZBowen WayChipping Norton£469,5008
OX7 5DZAlbion RowChipping Norton£458,1258
OX7 5QXEvans WayChipping Norton£449,35010

Least Expensive Streets in Chipping Norton

PostcodeStreetAreaAverageNo. of Sales
OX7 5BPKingstone CourtWards Road£97,0868
OX7 5DBNorton Green CourtThe Green£123,1818
OX7 5DEPear Tree CourtChipping Norton£160,6663
OX7 5LPKings Head CourtChipping Norton£166,6663
OX7 5DTCotswold CrescentChipping Norton£171,0006
OX7 5LSFinsbury PlaceChipping Norton£175,4166
OX7 5FBWhite Hart MewsHigh Street, Chipping Norton£198,3333
OX7 5AQHorsefairChipping Norton£201,9005
OX7 5BEShepard WayChipping Norton£213,56717
OX7 5JGHailey AvenueChipping Norton£227,1005

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