16, PEARCE DRIVE, CHIPPING NORTON, OX7 5HY - £282,000

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.

16 PEARCE DRIVE is a very small semi-detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £293,642. It was last sold for £282,000 in May 2024, which was around 28% below the average May 2024 semi-detached price in the West Oxfordshire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

16 PEARCE DRIVE Sold Prices

Land registry data shows two sales for 16 PEARCE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Oxfordshire local authority area for the corresponding sale date. Both of the two 16 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
2024 23 MAY	£282,000	£390,011	28% below HPI
2018 1 MAR	£210,000	£347,380	40% below HPI

16 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 two 16 PEARCE DRIVE sales from March 2018 and May 2024 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 March 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2024 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 16 PEARCE DRIVE be worth now?

16 PEARCE DRIVE might now be worth an estimated £293,642.

This is based on house price inflation of 4.1%, between May 2024 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 4.1% inflationary increase is applied to the most recent sale price for 16 PEARCE DRIVE of £282,000 on 23rd May 2024. For the value to have increased from £282,000 to £293,642 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 16 PEARCE DRIVE has moved in line with the HPI for semi-detached houses in the West Oxfordshire local authority area.
• The May 2024 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PEARCE DRIVE has not materially changed since May 2024.

How Large is 16 PEARCE DRIVE?

16 PEARCE DRIVE is 77m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% 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 16 PEARCE DRIVE lies on this distribution: 11% of semi-detached houses houses are smaller than 16 PEARCE DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Chipping Norton.

16 PEARCE DRIVE: Plot and Title Map

16 PEARCE DRIVE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 16 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 16 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 16 PEARCE DRIVE?

16 PEARCE DRIVE is located in CHIPPING NORTON, in the OX7 postcode district. The below map shows the position of No. 16 on PEARCE DRIVE.