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OX16 5LW
Home, House Prices, Parsons Street, Cherwell, South East
OX16 5LW

Parsons Street - OX16 5LW

Last updated Jul 2026

Key Postcode Insights

OX16 5LW is a residential postcode situated on Parsons Street, Banbury, OX16 with 18 addresses.

It ranks as the 637th largest and 140th most expensive of the 1,186 postcodes in the OX16 area.

The postcode contains a total of 18 properties: 5 houses and 13 flats.

Ave. Sale Price
£186,171
10 Year change
up 14.2%
Ave. Rental Price
£981pcm
10 Year change
up 44.0%
Ave. £ per ft²
£184/ft²
Ave. Gross Yield
6.3%/year/yr
All figures are subject to T&Cs
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Explore Propertiesin OX16 5LW

House
0 houses
Group
13 flats

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Sales Market Trends

The last sale in OX16 5LW sold for £1,700,000 on 30th September 2021. Since then prices are down an average of 0.0%.

The current average value in the postcode is £186,171.
The OX16 5LW Sales Market has increased by 14.2% over the last 10 years.

PeriodYear on YearAverage Price
June 2026-1.8%£186,171
June 20253.3%£189,525
June 2024-0.7%£183,392
June 20230.7%£184,614
June 20229%£183,404
June 20214.2%£168,282
June 20200%£161,514
June 2019-4%£161,585
June 20181.6%£168,320
June 20171.7%£165,713
June 20167%£162,990
June 20158.7%£152,275
June 201411%£140,089
June 20131.9%£126,241
June 20120.6%£123,947
June 20110.4%£123,165
June 20109.1%£122,700
June 2009-13.6%£112,487
June 2008-5.5%£130,196
June 20070%£137,823
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Rental Market Trends

The current average rental value in the postcode is £981.
The OX16 5LW Rental Market has increased by 44.0% over the last 10 years.

PeriodYear on YearAverage Price
June 20263.5%£981pcm
June 20254%£948pcm
June 20248.4%£912pcm
June 20237.8%£841pcm
June 20229%£780pcm
June 20215.1%£715pcm
June 20200.1%£681pcm
June 2019-1.6%£680pcm
June 2018-0.4%£691pcm
June 20171.9%£694pcm
June 20163.2%£681pcm
June 20154.3%£660pcm
June 20144%£633pcm
June 20134%£609pcm
June 20122.6%£585pcm
June 20113.8%£570pcm
June 20104.9%£549pcm
June 2009-9.1%£523pcm
June 20080.8%£576pcm
June 20070%£571pcm
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Sales History

The last sale was on 30th September 2021 for £1,700,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.

OX16 5LW has seen no sales in the last three years and no sales in the last twelve months.

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Nearby Postcodes

OX16 5LW is the 637th largest and the 140th most expensive postcode out of the 1,186 postcodes in the OX16 area.

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Property Types

  • 18 other addresses of unknown type
  • Unknown (18)
Energy Efficiency

Energy Efficiency

  • Energy Performance Certificate (EPC) surveys conducted for 2 properties.
  • The most common rating is E.
  • A (0)
  • E (2)
  • B (0)
  • F (0)
  • C (0)
  • G (0)
  • D (0)
  • No EPC (16)
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Top 3 Most Expensive Sales

Schools Nearby

Schools Nearby

The nearest primary school to OX16 5LW is St Mary's Church of England Primary School, Banbury, which is 300 metres away.
  • St Mary's Church of England Primary School, Banbury
    300 m away
  • Harriers Banbury Academy
    800 m away
  • Dashwood Banbury Academy
    900 m away
The nearest secondary school is Futures Institute Banbury, which is 1.4 kilometres away.
  • Futures Institute Banbury
    1.4 km away
  • Wykham Park
    1.5 km away
  • Blessed George Napier Catholic School and Sixth Form
    1.6 km away
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

The closest station to OX16 5LW is Banbury station, which is 600 metres away.

  • Banbury
    |
    600 m away
  • Kings Sutton
    |
    5.9 km away
  • Heyford
    |
    16.1 km away
  • Tackley
    |
    20.3 km away
Source: National Rail
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