Housing Market Analysis for LAKESMERE CLOSE, OX5 1LG

Are you looking to understand OX5 1LG house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Cherwell postcode.

For the location information and nearby amenities in the OX5 1LG area, explore the OX5 1LG Area information page.
For comprehensive crime statistics in the OX5 1LG area, explore the OX5 1LG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the OX5 1LG postcode area, The average prices are as follows,

Flat
- The average price is around £205,974 median price is £199,950 Standard Deviation is £37,205 with Total Sold: 45
- The Last 5 Year average price is £224,390 with Total Sold: 5
- The most recent sale happened at this postcode is 10A LAKESMERE CLOSE: £189,950 (Sold on 30 Apr 2015)
- The first recorded sale happened at this postcode is 20 LAKESMERE CLOSE: £213,907 (Sold on 31 Mar 2015)
Other
- The average price is around £109,875 median price is £109,875 Standard Deviation is £58,125 with Total Sold: 2
- The most recent sale happened at this postcode is 18 LAKESMERE CLOSE: £51,750 (Sold on 12 Jan 2016)
- The first recorded sale happened at this postcode is 18 LAKESMERE CLOSE: £168,000 (Sold on 21 Oct 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average OX5 1LG house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£202,282	£3,295	37
2023	£245,000	£3,267	1
2022	£247,000	£3,580	1
2021	£199,950	£3,703	1
2019	£215,000	£3,241	2
2016	£220,817	£4,175	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£51,750	£958	1
2015	£168,000	£3,111	1

All the Sales in the LAKESMERE CLOSE, OX5 1LG

See the table below for more details on the sold house prices in the OX5 1LG, Cherwell postcode.

Address	Sold Date	Price	% Change
10A LAKESMERE CLOSEFlat, Leasehold	30 Apr 2015	£189,950	19.20%
10A LAKESMERE CLOSEFlat, Leasehold	30 Apr 2015	£159,353	First Sale
13 LAKESMERE CLOSEFlat, LeaseholdArea: 75 Sq.mtr	05 Jan 2023	£245,000	6.53%
	31 Mar 2015	£229,986	-8.01%
	31 Mar 2015	£250,000	First Sale
20 LAKESMERE CLOSEFlat, LeaseholdArea: 69 Sq.mtr	02 Sep 2022	£247,000	15.47%
20 LAKESMERE CLOSEFlat, LeaseholdArea: 69 Sq.mtr	31 Mar 2015	£213,907	First Sale
17 LAKESMERE CLOSEFlat, LeaseholdArea: 54 Sq.mtr	30 Jul 2021	£199,950	5.26%
	31 Mar 2015	£189,950	13.48%
	31 Mar 2015	£167,393	First Sale
3 LAKESMERE CLOSEFlat, LeaseholdArea: 81 Sq.mtr	10 Jun 2019	£240,000	0.0
	31 Mar 2015	£240,000	-3.37%
	31 Mar 2015	£248,362	First Sale
18 LAKESMERE CLOSEFlat, LeaseholdArea: 54 Sq.mtr	01 Apr 2019	£190,000	0.03%
	29 Jan 2016	£189,950	267.05%
	12 Jan 2016	£51,750	-69.20%
	21 Oct 2015	£168,000	First Sale
14 LAKESMERE CLOSEFlat, LeaseholdArea: 75 Sq.mtr	12 Sep 2016	£285,000	14.02%
	31 Mar 2015	£249,950	8.14%
	31 Mar 2015	£231,134	First Sale
11B LAKESMERE CLOSEFlat, LeaseholdArea: 36 Sq.mtr	01 Sep 2016	£187,500	13.64%
	31 Mar 2015	£165,000	47.35%
	31 Mar 2015	£111,978	First Sale
1 LAKESMERE CLOSEFlat, LeaseholdArea: 69 Sq.mtr	20 May 2015	£249,950	16.85%
1 LAKESMERE CLOSEFlat, LeaseholdArea: 69 Sq.mtr	20 May 2015	£213,907	First Sale
10B LAKESMERE CLOSEFlat, LeaseholdArea: 50 Sq.mtr	05 May 2015	£179,950	16.49%
10B LAKESMERE CLOSEFlat, LeaseholdArea: 50 Sq.mtr	05 May 2015	£154,472	First Sale
7 LAKESMERE CLOSEFlat, LeaseholdArea: 54 Sq.mtr	08 Apr 2015	£169,403	First Sale
4 LAKESMERE CLOSEFlat, LeaseholdArea: 81 Sq.mtr	07 Apr 2015	£257,263	2.93%
4 LAKESMERE CLOSEFlat, LeaseholdArea: 81 Sq.mtr	07 Apr 2015	£249,950	First Sale
2 LAKESMERE CLOSEFlat, LeaseholdArea: 69 Sq.mtr	31 Mar 2015	£213,907	First Sale
5 LAKESMERE CLOSEFlat, LeaseholdArea: 54 Sq.mtr	31 Mar 2015	£170,551	-10.21%
5 LAKESMERE CLOSEFlat, LeaseholdArea: 54 Sq.mtr	31 Mar 2015	£189,950	First Sale
6 LAKESMERE CLOSEFlat, LeaseholdArea: 54 Sq.mtr	31 Mar 2015	£189,950	11.37%
6 LAKESMERE CLOSEFlat, LeaseholdArea: 54 Sq.mtr	31 Mar 2015	£170,551	First Sale
8 LAKESMERE CLOSEFlat, LeaseholdArea: 69 Sq.mtr	31 Mar 2015	£213,907	First Sale
9 LAKESMERE CLOSEFlat, LeaseholdArea: 69 Sq.mtr	31 Mar 2015	£213,907	-14.42%
9 LAKESMERE CLOSEFlat, LeaseholdArea: 69 Sq.mtr	31 Mar 2015	£249,950	First Sale
11A LAKESMERE CLOSEFlat, LeaseholdArea: 45 Sq.mtr	31 Mar 2015	£179,950	23.13%
11A LAKESMERE CLOSEFlat, LeaseholdArea: 45 Sq.mtr	31 Mar 2015	£146,146	First Sale
12 LAKESMERE CLOSEFlat, LeaseholdArea: 81 Sq.mtr	31 Mar 2015	£248,649	First Sale
15 LAKESMERE CLOSEFlat, LeaseholdArea: 54 Sq.mtr	31 Mar 2015	£167,393	-10.49%
15 LAKESMERE CLOSEFlat, LeaseholdArea: 54 Sq.mtr	31 Mar 2015	£187,000	First Sale
16 LAKESMERE CLOSEFlat, LeaseholdArea: 54 Sq.mtr	31 Mar 2015	£189,950	13.48%
16 LAKESMERE CLOSEFlat, LeaseholdArea: 54 Sq.mtr	31 Mar 2015	£167,393	First Sale
19 LAKESMERE CLOSEFlat, LeaseholdArea: 69 Sq.mtr	31 Mar 2015	£249,500	16.64%
19 LAKESMERE CLOSEFlat, LeaseholdArea: 69 Sq.mtr	31 Mar 2015	£213,907	First Sale

Check out the sold house prices near the OX5 1LG postcode. Properties currently for saleProperties currently for rent

LAKESMERE CLOSE, OX5 1LG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the OX5 1LG postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the OX5 1LG postcode.

Semi-Detached
- The average price is around £209,315 median price is £186,500 Standard Deviation is £125,274 with Total Sold: 187
- The Last 5 Year average price is £411,580 with Total Sold: 22
- The most recent sale happened at this postcode is , 14 BLANDFORD ROAD: £510,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 191 BANBURY ROAD: £67,500 (Sold on 24 Feb 1995)
Terraced
- The average price is around £174,433 median price is £175,000 Standard Deviation is £85,639 with Total Sold: 227
- The Last 5 Year average price is £309,012 with Total Sold: 25
- The most recent sale happened at this postcode is , 125 FLATFORD PLACE: £325,000 (Sold on 22 Jul 2024)
- The first recorded sale happened at this postcode is , 4 THE RIDINGS: £33,000 (Sold on 06 Jan 1995)
Other
- The average price is around £1,169,348 median price is £470,000 Standard Deviation is £1,838,916 with Total Sold: 47
- The Last 5 Year average price is £1,726,329 with Total Sold: 14
- The most recent sale happened at this postcode is UNIT 3, CHANCERYGATE BUSINESS CENTRE LANGFORD LANE: £585,000 (Sold on 08 Jan 2024)
- The first recorded sale happened at this postcode is , 23 BANKSIDE: £185,000 (Sold on 15 Aug 2014)
Detached
- The average price is around £379,665 median price is £344,000 Standard Deviation is £221,952 with Total Sold: 133
- The Last 5 Year average price is £605,500 with Total Sold: 17
- The most recent sale happened at this postcode is , 175 THE MOORS: £600,001 (Sold on 14 Dec 2023)
- The first recorded sale happened at this postcode is , 198 THE MOORS: £86,000 (Sold on 21 Apr 1995)
Flat
- The average price is around £156,997 median price is £154,472 Standard Deviation is £62,039 with Total Sold: 127
- The Last 5 Year average price is £205,295 with Total Sold: 10
- The most recent sale happened at this postcode is , 13 LAKESMERE CLOSE: £245,000 (Sold on 05 Jan 2023)
- The first recorded sale happened at this postcode is , 141 FLATFORD PLACE: £43,000 (Sold on 24 Aug 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£510,000		1
2023	£466,250	£4,122	6
2022	£490,000	£5,326	2
2021	£379,125	£4,573	10
2020	£300,000	£4,225	1
2019	£338,000	£3,361	2
2018	£393,875	£4,006	4
2017	£342,000	£3,667	3
2016	£389,167	£3,751	6
2015	£312,500	£3,288	2
2014	£305,875	£3,516	4
2013	£257,749	£2,898	4
2012	£308,250	£2,899	4
2011	£234,000	£3,026	5
2010	£232,156	£2,765	8
2009	£265,000	£2,521	2
2008	£217,500	£3,051	4
2007	£268,642	£2,896	7
2006	£230,667	£2,861	9
2005	£170,950	£2,397	10
2004	£201,688	£2,548	8
2003	£188,431	£1,968	8
2002	£158,000	£1,980	9
2001	£129,750	£989	7
2000	£119,977	£1,263	11
1999	£106,308	£1,207	12
1998	£86,200	£843	5
1997	£88,915	£1,192	12
1996	£67,386	£886	15
1995	£64,925	£870	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,000		1
2023	£365,333	£4,612	3
2022	£345,800	£4,871	5
2021	£283,143	£4,427	7
2020	£296,250	£4,200	4
2019	£281,660	£4,399	5
2018	£303,750	£4,320	4
2017	£271,250	£4,387	4
2016	£290,417	£4,309	6
2015	£264,056	£4,004	9
2014	£255,000	£3,651	6
2013	£214,062	£3,541	8
2012	£215,688	£3,094	8
2011	£202,250	£2,958	6
2010	£206,643	£3,192	7
2009	£176,600	£2,585	5
2008	£202,333	£3,184	3
2007	£204,192	£3,173	13
2006	£200,804	£2,198	9
2005	£177,300	£2,617	6
2004	£176,000	£2,639	6
2003	£153,109	£2,119	11
2002	£132,370	£2,095	12
2001	£111,611	£1,602	9
2000	£100,496	£1,576	13
1999	£87,518	£1,327	13
1998	£75,815	£1,009	13
1997	£71,218	£964	16
1996	£60,929	£841	7
1995	£59,931	£936	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£585,000		1
2023	£715,000		2
2022	£4,500,700		3
2021	£1,204,833		6
2020	£711,250		2
2018	£296,429		14
2017	£440,200	£6,894	5
2016	£1,765,292	£958	6
2015	£2,504,600	£3,111	5
2014	£441,667		3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£666,625	£4,649	4
2022	£628,333	£4,495	6
2021	£520,000	£4,685	1
2019	£556,167	£4,873	6
2018	£565,773	£4,415	11
2017	£591,667	£3,445	3
2016	£487,700	£4,460	10
2015	£464,000	£4,202	5
2014	£587,400	£4,468	5
2013	£417,500	£3,150	4
2012	£346,800	£4,106	5
2011	£391,000	£3,366	4
2010	£422,000	£5,646	2
2009	£328,750	£3,482	4
2008	£312,000		1
2007	£420,100	£2,654	5
2006	£261,500	£3,050	2
2005	£314,983	£2,807	6
2004	£311,667		3
2003	£1,200,000		1
2002	£245,799	£2,212	5
2001	£231,500	£1,738	5
2000	£195,333	£1,593	3
1999	£174,875	£1,339	4
1998	£179,400	£1,300	6
1997	£166,140	£1,263	15
1996	£106,875	£855	4
1995	£104,667	£520	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£245,000	£3,267	1
2022	£226,000	£4,637	2
2021	£201,475	£4,212	2
2020	£186,500	£4,248	2
2019	£193,333	£3,241	3
2018	£256,000	£4,449	2
2017	£240,000	£4,813	3
2016	£220,408	£4,721	6
2015	£201,123	£3,374	40
2014	£173,332	£3,694	3
2013	£144,975	£3,052	2
2012	£133,583	£3,443	6
2011	£155,250	£3,349	4
2010	£129,000	£2,970	2
2009	£143,333	£2,441	3
2008	£136,625	£3,228	4
2007	£143,000		1
2006	£137,499	£3,340	4
2005	£125,000	£2,315	1
2004	£136,125	£2,840	4
2003	£120,000	£2,381	4
2002	£111,625	£2,388	4
2001	£83,050	£1,900	4
2000	£76,200	£1,546	5
1999	£61,862	£1,294	4
1998	£53,833	£1,229	6
1997	£57,975	£1,056	2
1996	£35,000	£946	1
1995	£47,900	£1,119	2

House Type in OX5 1LG area

The most common house types in the OX5 1LG postcode area are Terraced (69), Semi-detached (53), and Flat (9).

Total	145
Terraced	69
Semi-detached	53
Flat	9
temporary structure	5
Shared house	4
converted building	4
Detached	1
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (48), and Owned: Owns outright (45).

Private rented: Private landlord or letting agency	48
Owned: Owns outright	45
Owned: Owns with a mortgage or loan	42
Private rented: Other private rented	6
Social rented: Other social rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the OX5 1LG have 2 people in household (52), and 1 person in household (46).

2 people in household	52
1 person in household	46
3 people in household	24
4 people in household	14
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0