Hearthway - OX16 1QL
Key Postcode Insights
OX16 1QL is a residential postcode situated on Hearthway, Banbury, OX16 with 29 addresses.
It ranks as the 887th largest and 342nd most expensive of the 1,186 postcodes in the OX16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 29 properties: 29 houses.
- Ave. Sale Price
- £223,267
- 10 Year change
- up 22.0%
- Ave. Rental Price
- £1,123pcm
- 10 Year change
- up 53.6%
- Ave. £ per ft²
- £251/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
OX16 1QL is a residential postcode situated on Hearthway, Banbury, OX16 with 29 addresses.
It ranks as the 887th largest and 342nd most expensive of the 1,186 postcodes in the OX16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 29 properties: 29 houses.
- Ave. Sale Price
- £223,267
- 10 Year change
- up 22.0%
- Ave. Rental Price
- £1,123pcm
- 10 Year change
- up 53.6%
- Ave. £ per ft²
- £251/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin OX16 1QL
- 1 Hearthway
3 Bed Mid-century House
- 2 Hearthway
Unknown
- 3 Hearthway
Unknown
- 4 Hearthway
3 Bed Modern House
- 5 Hearthway
3 Bed Modern House
Sales Market Trends
The last sale in OX16 1QL sold for £220,000 on 22nd August 2025. Since then prices are down an average of 0.8%.
The current average value in the postcode is £223,267.
The OX16 1QL Sales Market has increased by 22.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £223,267 |
| June 2025 | 4.2% | £226,466 |
| June 2024 | -0.7% | £217,310 |
| June 2023 | 1.3% | £218,855 |
| June 2022 | 10.6% | £216,103 |
| June 2021 | 5.5% | £195,411 |
| June 2020 | 0.1% | £185,236 |
| June 2019 | -3.9% | £185,039 |
| June 2018 | 2.6% | £192,452 |
| June 2017 | 2.5% | £187,484 |
| June 2016 | 7.5% | £183,000 |
| June 2015 | 9.3% | £170,186 |
| June 2014 | 11.4% | £155,651 |
| June 2013 | 2.3% | £139,701 |
| June 2012 | 1.6% | £136,509 |
| June 2011 | 0.4% | £134,334 |
| June 2010 | 10.2% | £133,747 |
| June 2009 | -12.7% | £121,394 |
| June 2008 | -5.3% | £138,983 |
| June 2007 | 0% | £146,812 |
Rental Market Trends
The current average rental value in the postcode is £1,123.
The OX16 1QL Rental Market has increased by 53.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,123pcm |
| June 2025 | 4.9% | £1,081pcm |
| June 2024 | 8.4% | £1,031pcm |
| June 2023 | 8.5% | £951pcm |
| June 2022 | 10.6% | £877pcm |
| June 2021 | 6.3% | £792pcm |
| June 2020 | 0.2% | £745pcm |
| June 2019 | -1.4% | £744pcm |
| June 2018 | 0.6% | £755pcm |
| June 2017 | 2.6% | £750pcm |
| June 2016 | 3.8% | £731pcm |
| June 2015 | 4.9% | £704pcm |
| June 2014 | 4.6% | £671pcm |
| June 2013 | 4.4% | £642pcm |
| June 2012 | 3.7% | £615pcm |
| June 2011 | 3.9% | £593pcm |
| June 2010 | 6% | £571pcm |
| June 2009 | -8.1% | £538pcm |
| June 2008 | 0.8% | £586pcm |
| June 2007 | 0% | £582pcm |
Sales History
The last sale was on 22nd August 2025 for £220,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 46 sales since 1995.
OX16 1QL has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£220,000 | 3 Bed House27, Hearthway, Banbury, OX16 1QL27, Hearthway, Banbury, OX16 1QL
- Sold Mar 2025£205,000 | 3 Bed House5, Hearthway, Banbury, OX16 1QL5, Hearthway, Banbury, OX16 1QL
- Sold Aug 2024£250,000 | 3 Bed House11, Hearthway, Banbury, OX16 1QL11, Hearthway, Banbury, OX16 1QL
- Sold Jun 2022£190,000 | 3 Bed House21, Hearthway, Banbury, OX16 1QL21, Hearthway, Banbury, OX16 1QL
- Sold Apr 2021£175,000 | 3 Bed House7, Hearthway, Banbury, OX16 1QL7, Hearthway, Banbury, OX16 1QL
Nearby Postcodes
OX16 1QL is the 887th largest and the 342nd most expensive postcode out of the 1,186 postcodes in the OX16 area.
- OX16 1QP, Hearthway, Banbury, OX16OX16 1QP33 Addresses|74 m away
- OX16 1QR, Forgeway, Banbury, OX16OX16 1QR37 Addresses|78 m away
- OX16 1FA, Highlands, Banbury, OX16OX16 1FA1 Addresses|89 m away
- OX16 1FU, Juniper Close, Banbury, OX16OX16 1FU13 Addresses|134 m away
- OX16 1YN, Acacia Walk, Banbury, OX16OX16 1YN6 Addresses|138 m away
Property Types
- 3 modern houses built after 1980
- 17 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 8 other addresses of unknown type
- modern house (3)
- mid-century house (17)
- house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (13)
- G (0)
- D (6)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Aug 2024£250,000 | 3 Bed House11, Hearthway, Banbury, OX16 1QL11, Hearthway, Banbury, OX16 1QL
- Sold May 2022£225,000 | 3 Bed House72, Hearthway, Banbury, OX16 1QP72, Hearthway, Banbury, OX16 1QP
- Sold Nov 2017£220,000 | 3 Bed House27, Hearthway, Banbury, OX16 1QL27, Hearthway, Banbury, OX16 1QL
Schools Nearby
- Hardwick Primary School and Nursery400 m away
- Hanwell Fields Community School500 m away
- Hill View Primary School700 m away
- North Oxfordshire Academy1.2 km away
- Futures Institute Banbury2.8 km away
- Wykham Park2.8 km away
More reading links
Public Transport Nearby
The closest station to OX16 1QL is Banbury station, which is 2.2 kilometres away.
- Banbury|2.2 km away
- Kings Sutton|7.6 km away
- Heyford|17.7 km away
- Tackley|21.8 km away