5, CROSS LEYS, CHIPPING NORTON, OX7 5HG - £525,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 CROSS LEYS is a large extended detached house of 155m², built sometime between 1967 and 1975. It was last sold for £525,000 in August 2020, which was around 3% below the average August 2020 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

5 CROSS LEYS Sold Prices

Land registry data shows four sales for 5 CROSS LEYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. Two of the four 5 CROSS LEYS sales were for below the average price, whilst one was for above 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
2020 3 AUG	£525,000	£541,206	3% below HPI
2008 7 NOV	£335,000	£335,095	Close to HPI
2005 16 DEC	£318,000	£325,442	2% below HPI
1996 29 NOV	£140,000	£119,961	17% above HPI

5 CROSS LEYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Oxfordshire local authority area over time, sourced from the HPI. The four 5 CROSS LEYS sales between November 1996 and August 2020 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 November 2008 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 5 CROSS LEYS?

5 CROSS LEYS is 155m², which includes four extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 30% of detached houses in Chipping Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Chipping Norton, and where 5 CROSS LEYS lies on this distribution: 79% of detached houses are smaller than 5 CROSS LEYS, and 20% of houses are larger. Note that EPC data is not available for all properties in Chipping Norton.

5 CROSS LEYS: Plot and Title Map

5 CROSS LEYS sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 5 CROSS LEYS, 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 5 CROSS LEYS). 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 5 CROSS LEYS?

5 CROSS LEYS is located in CHIPPING NORTON, in the OX7 postcode district. The below map shows the position of No. 5 on CROSS LEYS.