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Langley, Witney, OX29

South East

£2,500,000
Listed on 09/03/2026

Property Details

Bedrooms
5
Type
Detached house
Area
4600 sqft

Description

This property presents a unique opportunity for those looking to invest in a substantial piece of land, measuring approximately 0.46 acres, situated on the fringe of a tranquil Cotswold hamlet between Leafield and Shipton-under-Wychwood. Currently, the site accommodates an unmodernised detached bungalow, ripe for renovation and transformation into a spacious family residence. Alternatively, the existing planning permission allows for the construction of an impressive five-bedroom detached house spanning 4,600 sq ft, complete with a double garage and an above-studio space. This flexibility gives potential buyers the choice to either move forward with the approved architectural plans or customize their own vision subject to obtaining necessary permissions. The proposed designs take full advantage of the plot’s layout and elevated position, ensuring ample natural light and expansive views over the picturesque rural landscape. The property’s generous outdoor area is ideal for crafting landscaped gardens and entertaining spaces, offering privacy amidst open countryside surroundings. Located conveniently between two villages that provide essential amenities and close to market towns with good transport links, this setting perfectly balances peaceful rural living with accessibility. Given its rarity—being equipped with planning permission in such a desirable location—this property is an attractive prospect for developers, self-builders or individual homeowners aiming to create their dream property in a serene countryside environment.

Investment Analysis

(OX29 area)

Above Market Value

This property is priced +37.6% above area average per sq ft

+37.6%
This Property
£543/sq ft
Area Average
£395/sq ft
Avg Rent (weekly)
£355
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £200,000
Target Value
£1,998,953
10% above area average per sq ft
Potential ROI
-26.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (OX29)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -3.6%
5 year growth: +11.3%
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

Langley, Witney, 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
£9,017
Based on a loan of £1,875,000 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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