5, GLOVERS CLOSE, CHIPPING NORTON, OX7 5AY - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 GLOVERS CLOSE is a small extended detached house of 105m², built sometime between 1991 and 1995, which could now be worth an estimated £479,650. It was last sold for £295,000 in November 2010, which was around 27% below the average November 2010 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

5 GLOVERS CLOSE Sold Prices

Land registry data shows three sales for 5 GLOVERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. All of the three 5 GLOVERS CLOSE 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
2010 1 NOV	£295,000	£405,511	27% below HPI
2003 8 DEC	£240,000	£321,850	25% below HPI
2000 22 SEP	£150,000	£237,908	37% below HPI

5 GLOVERS CLOSE 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 three 5 GLOVERS CLOSE sales between September 2000 and November 2010 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 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2010 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 GLOVERS CLOSE be worth now?

5 GLOVERS CLOSE might now be worth an estimated £479,650.

This is based on house price inflation of 62.6%, between November 2010 and February 2025, for 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 62.6% inflationary increase is applied to the most recent sale price for 5 GLOVERS CLOSE of £295,000 on 1st November 2010. For the value to have increased from £295,000 to £479,650 over the fifteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 GLOVERS CLOSE has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The November 2010 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GLOVERS CLOSE has not materially changed since November 2010.

How Large is 5 GLOVERS CLOSE?

5 GLOVERS CLOSE is 105m², which includes three extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 40% of detached houses houses in Chipping Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chipping Norton, and where 5 GLOVERS CLOSE lies on this distribution: 36% of detached houses houses are smaller than 5 GLOVERS CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Chipping Norton.

5 GLOVERS CLOSE: Plot and Title Map

5 GLOVERS CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 5 GLOVERS CLOSE, 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 GLOVERS CLOSE). 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 GLOVERS CLOSE?

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