7, Merchants Place
7, Merchants Place
Description & Estimates
7, Merchants Place, Chipping Norton is recorded publicly as a modern freehold house across 1,530 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 7, Merchants Place, Chipping Norton is £413,830 and its rental estimate is £1,750 per month, given the available information and assuming reasonable condition.
Merchants Place, Chipping Norton, OX7 falls within the OX7 postal district, in the borough of West Oxfordshire.
Our Data Sources
7, Merchants Place, Chipping Norton has 2 entries in the Land Registry , most recently in December 2014 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 7, Merchants Place, Chipping Norton, we estimate a market value of £434,521 and a rental value of £1,837 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £384,862 and £1,627 per month respectively.
Recent Market Change
Over the last year, 7, Merchants Place, Chipping Norton has seen its estimated sale value fall by £8,140 (2.0%) and its estimated rental value move up by £50 per month (2.9%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
7, 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
The most recent sale of 7, Merchants Place, Chipping Norton completed on 18th December 2014 at £295,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 81.8% over the period since December 2014.
- Sold Dec 2014£295,000
- Sold Feb 2010£250,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Merchants Place, Chipping Norton have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th October 2023, was 6 Walter Craft Court, Station Road, Chipping Norton, OX7 5EW, a freehold house which sold for £386,000.
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 Jun 2016£300,000 | 4 Bed HouseMerchants Place3, Merchants Place, Chipping Norton, OX7 5UH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 10 addresses on Merchants Place, Chipping Norton, OX7, 7, Merchants Place, Chipping Norton comes out as the 2nd largest and the 3rd most expensive in our analysis of the public data.
It is also £138k less expensive than the average property across the OX7 district.
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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
From 7, Merchants Place, Chipping Norton, the nearest station is Kingham, 7.0 kilometres away.
- 7.0kmKingham
- 8.1kmAscott-under-Wychwood
- 8.4kmCharlbury
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
