Lapsley Drive - OX16 1EJ
Key Postcode Insights
OX16 1EJ is a residential postcode situated on Lapsley Drive, Banbury, OX16 with 18 addresses.
It ranks as the 620th largest and 939th most expensive of the 1,186 postcodes in the OX16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 18 properties: 17 houses and 1 flat.
- Ave. Sale Price
- £350,454
- 10 Year change
- up 17.3%
- Ave. Rental Price
- £1,516pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £315/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
OX16 1EJ is a residential postcode situated on Lapsley Drive, Banbury, OX16 with 18 addresses.
It ranks as the 620th largest and 939th most expensive of the 1,186 postcodes in the OX16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 18 properties: 17 houses and 1 flat.
- Ave. Sale Price
- £350,454
- 10 Year change
- up 17.3%
- Ave. Rental Price
- £1,516pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £315/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin OX16 1EJ
- 2 Lapsley Drive
5 Bed Modern House
- 4 Lapsley Drive
2 Bed Modern Flat
- 6 Lapsley Drive
3 Bed Modern House
- 8 Lapsley Drive
3 Bed Modern House
- 10 Lapsley Drive
House
Sales Market Trends
The last sale in OX16 1EJ sold for £475,000 on 31st March 2026. Since then prices are up an average of 0.5%.
The current average value in the postcode is £350,454.
The OX16 1EJ Sales Market has increased by 17.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £350,454 |
| June 2025 | 3.4% | £356,308 |
| June 2024 | -1.1% | £344,475 |
| June 2023 | 1.2% | £348,260 |
| June 2022 | 9.2% | £344,141 |
| June 2021 | 5.4% | £315,214 |
| June 2020 | -0.1% | £299,017 |
| June 2019 | -3.6% | £299,303 |
| June 2018 | 2.1% | £310,439 |
| June 2017 | 1.8% | £304,130 |
| June 2016 | 6.7% | £298,764 |
| June 2015 | 8.5% | £279,958 |
| June 2014 | 10.8% | £257,922 |
| June 2013 | 1.4% | £232,842 |
| June 2012 | 0.9% | £229,530 |
| June 2011 | 0.9% | £227,483 |
| June 2010 | 10.7% | £225,398 |
| June 2009 | -11.9% | £203,699 |
| June 2008 | -5.1% | £231,264 |
| June 2007 | 0% | £243,798 |
Rental Market Trends
The current average rental value in the postcode is £1,516.
The OX16 1EJ Rental Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,516pcm |
| June 2025 | 4.1% | £1,464pcm |
| June 2024 | 8% | £1,406pcm |
| June 2023 | 8.4% | £1,302pcm |
| June 2022 | 9.2% | £1,201pcm |
| June 2021 | 6.3% | £1,100pcm |
| June 2020 | 0% | £1,035pcm |
| June 2019 | -1.2% | £1,035pcm |
| June 2018 | 0% | £1,047pcm |
| June 2017 | 2% | £1,047pcm |
| June 2016 | 3% | £1,027pcm |
| June 2015 | 4.1% | £997pcm |
| June 2014 | 4% | £957pcm |
| June 2013 | 3.5% | £920pcm |
| June 2012 | 2.9% | £889pcm |
| June 2011 | 4.4% | £864pcm |
| June 2010 | 6.5% | £827pcm |
| June 2009 | -7.4% | £777pcm |
| June 2008 | 1% | £839pcm |
| June 2007 | 0% | £831pcm |
Sales History
The last sale was on 31st March 2026 for £475,000 and since then the market in the area has increased by 0.5%. The postcode has had a total of 38 sales since 1995.
OX16 1EJ has seen 5 sales in the last three years and 4 sales in the last twelve months.
- Sold Mar 2026£475,000 | 4 Bed House22, Lapsley Drive, Banbury, OX16 1EJ22, Lapsley Drive, Banbury, OX16 1EJ
- Sold Mar 2026£335,000 | 4 Bed House20, Lapsley Drive, Banbury, OX16 1EJ20, Lapsley Drive, Banbury, OX16 1EJ
- Sold Feb 2026£317,000 | 3 Bed House6, Lapsley Drive, Banbury, OX16 1EJ6, Lapsley Drive, Banbury, OX16 1EJ
- Sold Dec 2025£330,000 | 3 Bed House6, Lapsley Drive, Banbury, OX16 1EJ6, Lapsley Drive, Banbury, OX16 1EJ
- Sold Sep 2023£320,000 | 4 Bed House20A, Lapsley Drive, Banbury, OX16 1EJ20A, Lapsley Drive, Banbury, OX16 1EJ
Nearby Postcodes
OX16 1EJ is the 620th largest and the 939th most expensive postcode out of the 1,186 postcodes in the OX16 area.
- OX16 1ET, Sir Henry Jake Close, Banbury, OX16OX16 1ET22 Addresses|39 m away
- OX16 1EQ, Lord Grandison Way, Banbury, OX16OX16 1EQ25 Addresses|72 m away
- OX16 1EY, Sir Henry Jake Close, Banbury, OX16OX16 1EY43 Addresses|95 m away
- OX16 1EX, Lord Elwood Road, Banbury, OX16OX16 1EX7 Addresses|96 m away
- OX16 1EP, Lord Grandison Way, Banbury, OX16OX16 1EP20 Addresses|96 m away
Property Types
- 14 modern houses built after 1980
- 1 modern flat built after 1980
- 3 other addresses of unknown type
- modern house (14)
- modern flat (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (13)
- G (0)
- D (2)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Sep 2025£500,000 | 4 Bed House31, Lapsley Drive, Banbury, OX16 1EN31, Lapsley Drive, Banbury, OX16 1EN
- Sold May 2022£495,000 | 5 Bed House9, Lapsley Drive, Banbury, OX16 1EL9, Lapsley Drive, Banbury, OX16 1EL
- Sold Jun 2024£480,000 | 5 Bed House1, Lapsley Drive, Banbury, OX16 1EL1, Lapsley Drive, Banbury, OX16 1EL
Schools Nearby
- Hanwell Fields Community School300 m away
- Cherry Fields Primary School800 m away
- Hardwick Primary School and Nursery1.1 km away
- North Oxfordshire Academy1.9 km away
- Futures Institute Banbury3.4 km away
- Wykham Park3.4 km away
More reading links
Public Transport Nearby
The closest station to OX16 1EJ is Banbury station, which is 2.5 kilometres away.
- Banbury|2.5 km away
- Kings Sutton|7.8 km away
- Heyford|18.2 km away
- Tackley|22.4 km away
