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Shipton Road, Ascott-under-Wychwood, Chipping Norton - Image 1
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Shipton Road, Ascott-under-Wychwood, Chipping Norton

South East

£1,230,000

Listed on 29/05/2026

Property Details

Bedrooms
3
Type
Plot
Area
7685 sqft

Description

This garden plot presents a unique opportunity for development, featuring planning permission for five residential units in the picturesque village of Ascott-under-Wychwood. Spanning approximately 7690 square feet, plus an additional garage space, the site is centrally located and offers considerable potential for builders and investors alike. The planning application reference number is 24/01293/FUL, available for verification on the West Oxfordshire District Council website. Ascott-under-Wychwood has been recognized as one of the most charming villages in the UK, nestled within the scenic Evenlode Valley. With essential amenities including a primary school, convenience store, village hall, and public house all within close proximity, this location enjoys high demand from families and professionals. Additional services can be found in nearby Witney, with major urban centers like Oxford and Cheltenham just a short drive away. With excellent transport links via local roads and access to trains at Charlbury station, this plot represents a strategic investment opportunity in a thriving community.

Investment Analysis

(OX7 area)

Below Market Value

This property is priced -62.6% below area average per sq ft

-62.6%
Potential saving
This Property
£160/sq ft
Area Average
£428/sq ft
Avg Rent (weekly)
£423
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £300,000
Target Value
£3,618,943
10% above area average per sq ft
Potential ROI
+136.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (OX7)

Area prices are stable by +1.5% over the last 12 months
3 year growth: +9.1%
5 year growth: +16.4%
Investment Disclaimer: Analysis based on OX7 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

Shipton Road, Ascott-under-Wychwood, Chipping Norton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£4,388
Based on a loan of £922,500 over 30 years at 3.97% 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

This calculation uses non-residential (land/commercial) tax rates.

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