Shipton had a parish church by the latter part of the 12th century, which seems to have been enlarged in the 13th century and received new windows in the 14th century. It was demolished in 1831 and replaced by a new GeorgianGothic RevivalChurch of England parish church designed by the artist William Turner who lived at the manor house. Some original materials from the original church were re-used. Crossley and Elrington state that this includes the north porch, which Sherwood and Pevsner had earlier dismissed as "free and flimsy Georgian Gothick". Holy Cross was restored in 1869 under the direction of the Gothic Revival architectCharles Buckeridge. The belltower has only two bells. They were cast in the middle of the 16th century and presumably came from the original church. The original dedication of the 12th-century church was to the Holy Cross. By 1786 the dedication had been changed to Saint Mary, and by 1851 it had been changed to Saint Jerome. By 1892 the church was finally restored to its original dedication of Holy Cross. The parish is now part of the Benefice of Blenheim, which also includes Begbroke, Bladon, Woodstock and Yarnton.
Economic history
In 1787 the Oxford Canal was extended southwards from Northbrook Lock towards Oxford. A wharf was built at Shipton, where the canal passes between the River Cherwell and the village. The Oxford and Rugby Railway between and was built past the village in 1848–49 but the nearest station provided was, which was actually at the hamlet of Enslow north of Shipton. The Shipton-on-Cherwell train crash was a major rail accident on the Great Western Railway that occurred on 24 December 1874, killing 34 people. In 1890 the Woodstock Railway opened a branch line between and. The line was operated by the Great Western Railway, which opened beside the line's bridge over the main Banbury Road. British Railways closed the branch line and halt in 1954. BR also closed Bletchington and Kidlington stations in 1964. The nearest railway station now is, north of Shipton. In the 1920s the Oxford and Shipton Cement Company built a cement works beside the main railway line and began quarrying limestone from the hillside between the Woodstock branch line and Bunker's Hill. The quarry was bought by Alpha Cement in 1934 which became part of Associated Portland Cement in 1938, which in turn became Blue Circle Industries in 1978. Towards the end of the 20th century the quarry ceased production and was sold to the Kilbride Group, which applied unsuccessfully to redevelop it as an eco-town. The quarry is protected as a Site of Special Scientific Interest because it is important for Jurassic fossils, particularly crocodiles. Since quarrying ceased, the site has also become important for wildlife. Birds including turtle dove, little ringed plover, Cetti's warbler and peregrine falcon breed in the quarry. A lake has formed in the bottom of the quarry, attracting birds including green sandpiper, jack snipe, little grebe and common pochard to overwinter there. The site also attracts invertebrates including damselflies.