Lapsley Drive - OX16 1EL
Key Postcode Insights
OX16 1EL is a residential postcode situated on Lapsley Drive, Banbury, OX16 with 14 addresses.
It ranks as the 483rd largest and 866th 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 14 properties: 13 houses and 1 flat.
- Ave. Sale Price
- £337,240
- 10 Year change
- up 15.9%
- Ave. Rental Price
- £1,479pcm
- 10 Year change
- up 46.0%
- Ave. £ per ft²
- £350/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
OX16 1EL is a residential postcode situated on Lapsley Drive, Banbury, OX16 with 14 addresses.
It ranks as the 483rd largest and 866th 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 14 properties: 13 houses and 1 flat.
- Ave. Sale Price
- £337,240
- 10 Year change
- up 15.9%
- Ave. Rental Price
- £1,479pcm
- 10 Year change
- up 46.0%
- Ave. £ per ft²
- £350/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin OX16 1EL
- 1 Lapsley Drive
5 Bed Modern House
- 3 Lapsley Drive
3 Bed Modern House
- 5 Lapsley Drive
3 Bed Modern House
- 7 Lapsley Drive
3 Bed Modern House
- 9 Lapsley Drive
5 Bed Modern House
Sales Market Trends
The last sale in OX16 1EL sold for £363,000 on 28th August 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £337,240.
The OX16 1EL Sales Market has increased by 15.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £337,240 |
| June 2025 | 3.3% | £343,272 |
| June 2024 | -1.1% | £332,431 |
| June 2023 | 1% | £336,005 |
| June 2022 | 9% | £332,621 |
| June 2021 | 5.1% | £305,115 |
| June 2020 | -0.1% | £290,236 |
| June 2019 | -3.6% | £290,436 |
| June 2018 | 1.9% | £301,383 |
| June 2017 | 1.7% | £295,814 |
| June 2016 | 6.7% | £290,907 |
| June 2015 | 8.5% | £272,632 |
| June 2014 | 10.8% | £251,290 |
| June 2013 | 1.4% | £226,891 |
| June 2012 | 0.9% | £223,666 |
| June 2011 | 0.8% | £221,710 |
| June 2010 | 10.2% | £219,904 |
| June 2009 | -12.3% | £199,505 |
| June 2008 | -5.1% | £227,590 |
| June 2007 | 0% | £239,760 |
Rental Market Trends
The current average rental value in the postcode is £1,479.
The OX16 1EL Rental Market has increased by 46.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,479pcm |
| June 2025 | 3.9% | £1,429pcm |
| June 2024 | 8% | £1,375pcm |
| June 2023 | 8.2% | £1,273pcm |
| June 2022 | 9% | £1,176pcm |
| June 2021 | 6% | £1,078pcm |
| June 2020 | 0% | £1,018pcm |
| June 2019 | -1.2% | £1,018pcm |
| June 2018 | -0.1% | £1,030pcm |
| June 2017 | 1.9% | £1,032pcm |
| June 2016 | 3% | £1,013pcm |
| June 2015 | 4.1% | £983pcm |
| June 2014 | 4% | £945pcm |
| June 2013 | 3.5% | £908pcm |
| June 2012 | 2.9% | £878pcm |
| June 2011 | 4.3% | £853pcm |
| June 2010 | 6% | £818pcm |
| June 2009 | -7.8% | £771pcm |
| June 2008 | 1.1% | £837pcm |
| June 2007 | 0% | £828pcm |
Sales History
The last sale was on 28th August 2025 for £363,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 39 sales since 1995.
OX16 1EL has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£363,000 | 3 Bed House27, Lapsley Drive, Banbury, OX16 1EL27, Lapsley Drive, Banbury, OX16 1EL
- Sold Jun 2024£480,000 | 5 Bed House1, Lapsley Drive, Banbury, OX16 1EL1, Lapsley Drive, Banbury, OX16 1EL
- Sold Feb 2024£250,000 | 3 Bed House21, Lapsley Drive, Banbury, OX16 1EL21, Lapsley Drive, Banbury, OX16 1EL
- Sold Feb 2024£320,000 | 3 Bed House3, Lapsley Drive, Banbury, OX16 1EL3, Lapsley Drive, Banbury, OX16 1EL
- Sold Nov 2022£345,000 | 3 Bed House27, Lapsley Drive, Banbury, OX16 1EL27, Lapsley Drive, Banbury, OX16 1EL
Nearby Postcodes
OX16 1EL is the 483rd largest and the 866th most expensive postcode out of the 1,186 postcodes in the OX16 area.
- OX16 1EQ, Lord Grandison Way, Banbury, OX16OX16 1EQ25 Addresses|92 m away
- OX16 1EJ, Lapsley Drive, Banbury, OX16OX16 1EJ18 Addresses|100 m away
- OX16 1EP, Lord Grandison Way, Banbury, OX16OX16 1EP20 Addresses|101 m away
- OX16 1ET, Sir Henry Jake Close, Banbury, OX16OX16 1ET22 Addresses|110 m away
- OX16 1EX, Lord Elwood Road, Banbury, OX16OX16 1EX7 Addresses|120 m away
Property Types
- 11 modern houses built after 1980
- 1 modern flat built after 1980
- 2 other addresses of unknown type
- modern house (11)
- modern flat (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (12)
- G (0)
- D (0)
- No EPC (2)
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 School400 m away
- Cherry Fields Primary School700 m away
- Hardwick Primary School and Nursery1.2 km away
- North Oxfordshire Academy2.0 km away
- Futures Institute Banbury3.5 km away
- Wykham Park3.5 km away
More reading links
Public Transport Nearby
The closest station to OX16 1EL is Banbury station, which is 2.5 kilometres away.
- Banbury|2.5 km away
- Kings Sutton|7.9 km away
- Heyford|18.3 km away
- Tackley|22.5 km away
