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Banbury market report OX16 1
The OX16 1 (Banbury) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 7,567 sales registered with HM Land Registry in OX16 1 (Banbury) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 57 registered 2026 sales put the OX16 1 (Banbury) median at £287,000, down 1% on five years earlier, with a mean of £303,800, and by floor area homes here have averaged about £3,520 per square metre over the last five years. Everything rests on 7,567 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
OX16 1 is one sector of OX16 (Banbury): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where OX16 1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What a home in OX16 1 sells for
The 2026 median for OX16 1 is £287,000, taken from 57 registered sales. The mean, which is what most sites call the "average house price", is £303,800, somewhat above it, as happens wherever a market carries an expensive tail.
What a square metre costs in OX16 1
Per square metre, OX16 1 homes have averaged around £3,520 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
Against a national (England and Wales) median of £285,000, OX16 1 runs 1% above it.
A typical OX16 1 home, priced year by year (1995 to 2026)
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £287,000 | £287,000 | 57 |
| 2025 | £315,000 | £322,533 | 222 |
| 2024 | £305,000 | £324,278 | 175 |
| 2023 | £302,000 | £331,824 | 184 |
| 2022 | £296,200 | £347,328 | 322 |
| 2021 | £289,000 | £365,911 | 421 |
| 2020 | £278,500 | £361,360 | 248 |
| 2019 | £262,000 | £343,419 | 292 |
| 2018 | £264,000 | £351,917 | 205 |
| 2017 | £232,500 | £317,107 | 212 |
| 2016 | £236,000 | £330,166 | 205 |
| 2015 | £195,000 | £275,535 | 187 |
| 2014 | £192,000 | £272,386 | 171 |
| 2013 | £175,200 | £252,095 | 188 |
| 2012 | £160,000 | £235,500 | 138 |
| 2011 | £153,000 | £230,971 | 112 |
| 2010 | £175,000 | £274,445 | 153 |
| 2009 | £149,000 | £239,519 | 156 |
| 2008 | £157,000 | £257,356 | 112 |
| 2007 | £165,000 | £279,886 | 373 |
| 2006 | £168,000 | £291,627 | 408 |
| 2005 | £158,000 | £281,176 | 395 |
| 2004 | £155,000 | £281,510 | 360 |
| 2003 | £149,000 | £274,494 | 349 |
| 2002 | £109,000 | £205,083 | 351 |
| 2001 | £85,500 | £164,369 | 243 |
| 2000 | £76,000 | £149,150 | 187 |
| 1999 | £63,000 | £125,556 | 263 |
| 1998 | £58,000 | £117,077 | 261 |
| 1997 | £51,000 | £104,591 | 263 |
| 1996 | £44,600 | £94,059 | 196 |
| 1995 | £44,000 | £95,649 | 158 |
In cash terms the typical OX16 1 home went from £44,000 in 1995 to £287,000 in 2026, roughly 7 times the price. Adjusted for inflation it still comes to a real rise of roughly 200%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2021, and today's median remains roughly 22% under it: a 2021 buyer is still waiting to get that price back in today's money.
Year-on-year change in the OX16 1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+36.7% on the year before); the weakest, 2011 (−12.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −8.9% | −11.0% |
| 5 years (since 2021) | −0.1% | −4.7% |
| 10 years (since 2016) | +2.0% | −1.4% |
| 20 years (since 2006) | +2.7% | −0.1% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Transaction volumes
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
Over the last twelve months of data, 57 sales completed in OX16 1. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 333 sales a year before the financial crisis and 192 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What homes rent for around OX16 1
OX16 1 falls under Cherwell, where the ONS puts the average private rent at £1,289 a month (May 2026 figures). The spread runs from £963 a month for a typical one-bed to £2,181 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Cherwell
ONS Price Index of Private Rents, May 2026.
Against the £287,000 median purchase price, a rent of £1,289 a month (£15,468 a year) works out at a 5.4% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
The shape of the OX16 1 market
Only 57 sales completed here in the last twelve months of data, which makes OX16 1 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
Common questions on OX16 1 (Banbury)
How much did a house sell for in OX16 1 (Banbury)?
Are property prices falling in OX16 1 (Banbury)?
Is OX16 1 (Banbury) a good place to buy a house?
Are OX16 1 prices heading up or down?
Prediction is not this page's business. Its business is the record, which says: the median is roughly flat over five years in cash but down 22% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
On the market in OX16 today
Turning to what is actually available: 462 homes on the market right now, from 8 agents publishing to HomesIndex.
These cover the whole OX16 district, not just OX16 1: live asking prices are collected per district.
28% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
- Foscote Rise, Banbury, Oxfordshire, Banbury
- Lord Fielding Close, Banbury, Banbury
- Oxford Road, Banbury
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every OX16 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Bedroom by bedroom: OX prices by size
The Land Registry record, split by size: what each kind of home actually sold for across the OX area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £390,000 | £512,000 (+31%) | £750,000 (+46%) | £1,175,000 (+57%) |
| Semi-detached | £285,000 | £350,000 (+23%) | £413,375 (+18%) | £550,000 (+33%) | £848,750 (+54%) |
| Terraced | £275,000 | £322,500 (+17%) | £385,000 (+19%) | £506,000 (+31%) | £848,725 (+68%) |
| Flat | £200,000 | £255,000 (+27%) | £475,000 (+86%) | £625,500 (+32%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the OX area is the point: the same five years treated these districts very differently.
Winners and losers across the OX area, five years
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in OX16
A few minutes' walk can separate two very different markets. Here are OX16's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| OX16 0 | £268,000 | 21 |
| OX16 2 | £277,000 | 31 |
| OX16 3 | £260,000 | 23 |
| OX16 4 | £237,500 | 24 |
| OX16 5 | £191,200 | 12 |
| OX16 9 | £352,500 | 75 |
Zoom out to the full OX16 district report for the type split, monthly volumes and how OX16 compares with its neighbours.
Thinking of selling in OX16 1? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in OX16 1, open the average prices map and zoom from the OX16 1 shading down to the sold homes on your own street. Every recorded OX16 1 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim OX16 1.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to OX16 1. Free after a one click sign in.
See every individual OX16 1 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.