THE BARN, WARDS ROAD, CHIPPING NORTON, OX7 5BU - £445,000

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.

THE BARN is a large detached house of 139m², built sometime before 1900, which could now be worth an estimated £460,238. It was last sold for £445,000 in August 2023, which was around 30% below the average August 2023 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

THE BARN Sold Prices

Land registry data shows three sales for THE BARN 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 THE BARN 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
2023 23 AUG	£445,000	£637,504	30% below HPI
2006 21 JUL	£241,000	£373,692	36% below HPI
1995 31 JUL	£73,750	£124,665	41% below HPI

THE BARN 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 THE BARN sales between July 1995 and August 2023 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 2006 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might THE BARN be worth now?

THE BARN might now be worth an estimated £460,238.

This is based on house price inflation of 3.4%, between August 2023 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 3.4% inflationary increase is applied to the most recent sale price for THE BARN of £445,000 on 23rd August 2023. For the value to have increased from £445,000 to £460,238 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of THE BARN has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The August 2023 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of THE BARN has not materially changed since August 2023.

How Large is THE BARN?

THE BARN is 139m² according to the EPC inspection conducted in June 2020. This puts it in the largest 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 THE BARN lies on this distribution: 68% of detached houses houses are smaller than THE BARN, and 30% of houses are larger. Note that EPC data is not available for all properties in Chipping Norton.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on WARDS ROAD in CHIPPING NORTON, in the OX7 postcode district. The below map shows the position of THE BARN on WARDS ROAD.