Nursery Drive - OX16 2LY
Key Postcode Insights
OX16 2LY is a residential postcode situated on Nursery Drive, Banbury, OX16 with 27 addresses.
It ranks as the 852nd largest and 879th 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 27 properties: 20 houses and 7 other properties.
- Ave. Sale Price
- £336,856
- 10 Year change
- up 21.3%
- Ave. Rental Price
- £1,473pcm
- 10 Year change
- up 52.4%
- Ave. £ per ft²
- £343/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
OX16 2LY is a residential postcode situated on Nursery Drive, Banbury, OX16 with 27 addresses.
It ranks as the 852nd largest and 879th 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 27 properties: 20 houses and 7 other properties.
- Ave. Sale Price
- £336,856
- 10 Year change
- up 21.3%
- Ave. Rental Price
- £1,473pcm
- 10 Year change
- up 52.4%
- Ave. £ per ft²
- £343/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Properties in OX16 2LY
- 2 Nursery Drive
3 Bed Mid-century House
- 4 Nursery Drive
House
- 6 Nursery Drive
4 Bed Mid-century House
- 8 Nursery Drive
3 Bed Mid-century House
- 10 Nursery Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in OX16 2LY sold for £297,500 on 3rd February 2025. Since then prices are up an average of 4.1%.
The current average value in the postcode is £336,856.
The OX16 2LY Sales Market has increased by 21.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -0.9% | £336,856 |
| July 2025 | 3.7% | £339,775 |
| July 2024 | -0.2% | £327,630 |
| July 2023 | 0.3% | £328,325 |
| July 2022 | 10.6% | £327,367 |
| July 2021 | 5.9% | £296,031 |
| July 2020 | 0.2% | £279,422 |
| July 2019 | -3.7% | £278,948 |
| July 2018 | 2% | £289,775 |
| July 2017 | 2.3% | £284,056 |
| July 2016 | 6.5% | £277,758 |
| July 2015 | 8.4% | £260,806 |
| July 2014 | 11.9% | £240,533 |
| July 2013 | 1.5% | £214,863 |
| July 2012 | 1% | £211,719 |
| July 2011 | 0.8% | £209,627 |
| July 2010 | 11.9% | £207,912 |
| July 2009 | -9.9% | £185,855 |
| July 2008 | -7.2% | £206,243 |
| July 2007 | 0% | £222,288 |
Rental Market Trends
The current average rental value in the postcode is £1,473.
The OX16 2LY Rental Market has increased by 52.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.9% | £1,473pcm |
| July 2025 | 3.8% | £1,417pcm |
| July 2024 | 7.9% | £1,365pcm |
| July 2023 | 8.8% | £1,265pcm |
| July 2022 | 10.5% | £1,163pcm |
| July 2021 | 7.3% | £1,053pcm |
| July 2020 | 0% | £981pcm |
| July 2019 | -1.3% | £982pcm |
| July 2018 | 0.9% | £995pcm |
| July 2017 | 2.1% | £986pcm |
| July 2016 | 2.8% | £966pcm |
| July 2015 | 4% | £940pcm |
| July 2014 | 4.7% | £904pcm |
| July 2013 | 3.5% | £863pcm |
| July 2012 | 2.7% | £834pcm |
| July 2011 | 4.2% | £812pcm |
| July 2010 | 7.8% | £779pcm |
| July 2009 | -6.1% | £722pcm |
| July 2008 | 0.4% | £769pcm |
| July 2007 | 0% | £766pcm |
Sales History
The last recorded sale was on 3rd February 2025 for £297,500 and since then the market in the area has increased by 4.1%.
OX16 2LY has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Feb 2025£297,500 | 3 Bed House8, Nursery Drive, Banbury, OX16 2LY8, Nursery Drive, Banbury, OX16 2LY
- Sold Apr 2024£349,950 | 4 Bed House22, Nursery Drive, Banbury, OX16 2LY22, Nursery Drive, Banbury, OX16 2LY
- Sold Dec 2023£312,000 | 3 Bed House2, Nursery Drive, Banbury, OX16 2LY2, Nursery Drive, Banbury, OX16 2LY
Nearby Postcodes
OX16 2LY is the 852nd largest and the 879th most expensive postcode out of the 1,186 postcodes in the OX16 area.
- OX16 2NE, Nursery Drive, Banbury, OX16OX16 2NE33 Addresses|47 m away
- OX16 2NF, Neithrop Avenue, Banbury, OX16OX16 2NF21 Addresses|133 m away
- OX16 2LZ, Vineyard Close, Banbury, OX16OX16 2LZ10 Addresses|140 m away
- OX16 2BQ, Clarkes Court, Banbury, OX16OX16 2BQ8 Addresses|150 m away
- OX16 2BN, Foundry Street, Banbury, OX16OX16 2BN4 Addresses|151 m away
Property Types
- 17 mid-century houses built between 1936 and 1979
- 3 houses of an unknown age
- 7 other addresses of unknown type
- mid-century house (17)
- house (3)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 17 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (6)
- G (0)
- D (8)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Sep 2023£405,000 | 4 Bed House15, Nursery Drive, Banbury, OX16 2NE15, Nursery Drive, Banbury, OX16 2NE
- Sold Jul 2025£375,000 | 4 Bed House61, Nursery Drive, Banbury, OX16 2NE61, Nursery Drive, Banbury, OX16 2NE
- Sold Oct 2017£370,000 | 4 Bed House26, Nursery Drive, Banbury, OX16 2LY26, Nursery Drive, Banbury, OX16 2LY
Schools Nearby
- St Mary's Church of England Primary School, Banbury300 m away
- Hill View Primary School800 m away
- Harriers Banbury Academy1.2 km away
- North Oxfordshire Academy1.8 km away
- Futures Institute Banbury1.8 km away
- Wykham Park1.9 km away
More reading links
Public Transport Nearby
The closest station to OX16 2LY is Banbury station, which is 1.3 kilometres away.
- Banbury|1.3 km away
- Kings Sutton|6.6 km away
- Heyford|16.7 km away
- Tackley|20.8 km away