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Pitts Lane, Hailey, OX29

South East

£800,000

Listed on 29/12/2025

Property details

Bedrooms
4
Type
Detached Bungalow
Area
2715 sqft

Description

This detached bungalow occupies an extensive plot of nearly 0.4 acres, providing a unique opportunity for renovation and expansion. The property features generously sized rooms and a functional layout that includes an entrance hall, a spacious living room, a conservatory, and a large L-shaped kitchen/dining area alongside a utility room. With four bedrooms, a bathroom, and a shower room, there is ample space for family living. Notably, part of the home can be utilized as an independent annexe with its own access points, kitchen, boiler, and water supply—ideal for multi-generational living or guest accommodation. The established gardens enhance the property's appeal, featuring well-maintained lawn areas to the front, side, and rear. A long driveway offers parking for multiple vehicles alongside a brick-built detached double garage complete with storage above and solar panels—a valuable asset in today's energy-conscious climate. Additionally, there is a decked area accompanied by a large modern outbuilding that presents potential as a home office or leisure space. Importantly, planning permission has been granted to construct a separate two-bedroom single-storey annexe in the garden (valid until November 2025), further increasing the investment potential. While the property is currently comfortable for living, there are opportunities for updates or extensions that could significantly enhance value in this desirable South East village setting.

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Investment analysis

(OX29 area)

Below Market Value

This property is priced -26.4% below area average per sq ft

-26.4%
Potential saving
This Property
£295/sq ft
Area Average
£401/sq ft
Avg Rent (weekly)
£392
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£55,000 - £85,000
Target Value
£1,196,093
10% above area average per sq ft
Potential ROI
+35.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (OX29)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -1.3%
5 year growth: +12.1%
Investment Disclaimer: Analysis based on OX29 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Pitts Lane, Hailey, OX29
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,022
Based on a loan of £600,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

Price History

-7.5% since listed
£800,000£39,000(-4.6%)
03/03/2026
Current price
£839,000£26,000(-3.0%)
13/02/2026
£865,000Initial listing
03/10/2025

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