3, Merchants Place
3, Merchants Place
Description & Estimates
According to the public record, 3, Merchants Place, Chipping Norton is a modern freehold house with 1,528 ft2 of internal area and sits on a 102 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Merchants Place, Chipping Norton is £421,825 and the estimated rental value is £1,784 per month.
Merchants Place, Chipping Norton, OX7 is located in the borough of West Oxfordshire within the OX7 postal district.
Our Data Sources
3, Merchants Place, Chipping Norton has 2 entries in the Land Registry , most recently in June 2016 and a single entry in the EPC database dated October 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Merchants Place, Chipping Norton is in very good condition we estimate a sale value of £442,916 and a rental value of £1,873 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £392,297 and a rental value of £1,659 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Merchants Place, Chipping Norton has decreased by £8,298 (2.0%), while its estimated rental value has grown by £51 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Plot Size
According to data from HM Land Registry, 3, Merchants Place, Chipping Norton sits on a plot of 102 m2.
We have plot size data on 4 out of 6 other houses in the postcode and 3, Merchants Place, Chipping Norton sits on the 2nd largest plot.
Energy Efficiency
3, Merchants Place, Chipping Norton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Oct 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 3, Merchants Place, Chipping Norton was last sold on 4th June 2016 for £300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2016, the market for similar properties has risen by 71.4%.
- Sold Jun 2016£300,000
- Sold Feb 2010£250,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Merchants Place, Chipping Norton within a radius of 590 metres over the last 2 years.
The most recent example is 6 Walter Craft Court, Station Road, Chipping Norton, OX7 5EW, a freehold house which sold for £386,000 on the 9th October 2023.
Read more about house prices in OX7.
- Sold Oct 2023£386,000 | 4 Bed HouseStation Road6 Walter Craft Court, Station Road, Chipping Norton, OX7 5EW
- Sold Apr 2021£340,000 | 4 Bed HouseStation Road4 Walter Craft Court, Station Road, Chipping Norton, OX7 5EW
- Sold Dec 2014£295,000 | 4 Bed HouseMerchants Place7, Merchants Place, Chipping Norton, OX7 5UH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Merchants Place, Chipping Norton, OX7 has a total of 10 addresses. According to our analysis of all the public data, 3, Merchants Place, Chipping Norton is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in OX7.
More reading links
Schools Nearby
- 200mSt Mary's Church of England (Aided) Primary School, Chipping Norton
- 700mHoly Trinity Catholic School, Chipping Norton
- 4.9kmGreat Rollright Church of England (Aided) Primary School
- 300mChipping Norton School
- 15.3kmShipston High School
- 15.6kmThe Cotswold Academy
More reading links
Public Transport Nearby
The closest station to 3, Merchants Place, Chipping Norton is Kingham station, which is 7.0 kilometres away.
- 7.0kmKingham
- 8.1kmAscott-under-Wychwood
- 8.4kmCharlbury
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
