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Pitts Lane, Hailey, OX29

South East

£839,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2715 sqft

Description

This detached bungalow is situated on an expansive plot nearing 0.4 acres, offering significant renovation and investment potential. The property features spacious accommodation including an entrance hall, a sizeable living room, a conservatory, and a large L-shaped kitchen/dining area complemented by a utility room. There are four bedrooms along with both a bathroom and a shower room. The established gardens enhance the property’s appeal, providing varied outdoor spaces including lawns at the front, side, and rear, as well as a long driveway suitable for multiple vehicles leading to a brick-built double garage featuring an above-storage area and solar panels. A decked space alongside a modern outbuilding presents an opportunity for use as a home office or additional living space. Notably, the property comes with planning permission for constructing a two-bedroom single-storey self-contained annexe in the garden, which could serve as supplementary family accommodation or rental potential (planning set to expire November 2025). This unique investment opportunity is located in Hailey, a charming village just 2 miles from Witney, which boasts local amenities such as a primary school and recreational facilities.

Investment Analysis

(OX29 area)

Below Market Value

This property is priced -22.6% below area average per sq ft

-22.6%
Potential saving
This Property
£309/sq ft
Area Average
£399/sq ft
Avg Rent (weekly)
£373
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,192,659
10% above area average per sq ft
Potential ROI
+27.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (OX29)

Area prices are falling by -5.5% over the last 12 months
3 year growth: -4.2%
5 year growth: +11.9%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,026
Based on a loan of £629,250 over 30 years at 4.06% 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.

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