14, PEARCE DRIVE, CHIPPING NORTON, OX7 5HY - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 PEARCE DRIVE is a very small extended semi-detached house of 55m², built sometime between 1976 and 1982, which could now be worth an estimated £255,672. It was last sold for £220,000 in September 2021, which was around 37% below the average September 2021 semi-detached price in the West Oxfordshire local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

14 PEARCE DRIVE Sold Prices

Land registry data shows six sales for 14 PEARCE DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the West Oxfordshire local authority area for the corresponding sale date. All of the six 14 PEARCE DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 6 SEP	£220,000	£349,450	37% below HPI
2016 9 DEC	£210,000	£333,944	37% below HPI
2010 15 DEC	£165,000	£245,243	33% below HPI
2004 17 DEC	£147,500	£210,035	30% below HPI
2002 4 OCT	£114,000	£182,564	38% below HPI
1998 9 OCT	£59,950	£102,766	42% below HPI

14 PEARCE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Oxfordshire local authority area over time, sourced from the HPI. The six 14 PEARCE DRIVE sales between October 1998 and September 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2021 sale, which was also at 37% below the HPI.

What might 14 PEARCE DRIVE be worth now?

14 PEARCE DRIVE might now be worth an estimated £255,672.

This is based on house price inflation of 16.2%, between September 2021 and February 2025, for semi-detached houses, in the West Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.2% inflationary increase is applied to the most recent sale price for 14 PEARCE DRIVE of £220,000 on 6th September 2021. For the value to have increased from £220,000 to £255,672 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 PEARCE DRIVE has moved in line with the HPI for semi-detached houses in the West Oxfordshire local authority area.
• The September 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PEARCE DRIVE has not materially changed since September 2021.

How Large is 14 PEARCE DRIVE?

14 PEARCE DRIVE is 55m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of semi-detached houses houses in Chipping Norton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chipping Norton, and where 14 PEARCE DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 14 PEARCE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chipping Norton.

14 PEARCE DRIVE: Plot and Title Map

14 PEARCE DRIVE sits on a plot of roughly 0.024 of an acre, or 96m². The below map shows the location of 14 PEARCE DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 14 PEARCE DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 14 PEARCE DRIVE?

14 PEARCE DRIVE is located in CHIPPING NORTON, in the OX7 postcode district. The below map shows the position of No. 14 on PEARCE DRIVE.