6, PEARCE DRIVE, CHIPPING NORTON, OX7 5HY - £360,000

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

6 PEARCE DRIVE is a midsized detached house of 115m², built sometime between 1983 and 1990. It was last sold for £360,000 in February 2024, which was around 38% below the average February 2024 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

6 PEARCE DRIVE Sold Prices

Land registry data shows three sales for 6 PEARCE DRIVE 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 6 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 20 FEB	£360,000	£577,028	38% below HPI
2003 4 JUL	£190,750	£294,730	35% below HPI
1999 21 DEC	£128,000	£187,483	32% below HPI

6 PEARCE DRIVE 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 6 PEARCE DRIVE sales between December 1999 and February 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 July 2003 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2024 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 6 PEARCE DRIVE?

6 PEARCE DRIVE is 115m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% 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 6 PEARCE DRIVE lies on this distribution: 46% of detached houses are smaller than 6 PEARCE DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Chipping Norton.

6 PEARCE DRIVE: Plot and Title Map

6 PEARCE DRIVE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 6 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 6 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 6 PEARCE DRIVE?

6 PEARCE DRIVE is located in CHIPPING NORTON, in the OX7 postcode district. The below map shows the position of No. 6 on PEARCE DRIVE.