Thanks to inflation house prices have continued to increase across Oxfordshire, making it harder than ever to get on the property ladder. 

If you do decide to get a mortgage and settle down in a property, you will want to move to a popular area where the average house price can climb.

Tim Bannister, Rightmove’s Director of Property Data said: "Buyer demand is at an all-time high.

"Those currently looking for their next home are likely to find that only offers close to the asking price will be considered, especially for larger homes."

According to the latest land registry statistics, house prices in Oxfordshire have increased by 32.37 per cent.

If you were lucky enough to buy a property in the town back in the 90s you might just be quids in as since then prices have increased by 308.82 per cent.

Using Rightmove data we can reveal the areas in Oxfordshire that people most want to move to, based on property price growth over the last five years (August 2015 - August 2020).

Here are the biggest property hot spots in the county:

Cowley

Cowley is renowned for its vibey bars and incredible music scene that has been the stomping ground of world-famous bands such as Ride and Foals.

In 2015 the average asking price was £353,631 but in 2020 this increased to £418,787.

With more than a 17 per cent increase in property value over five years you'd be patting yourself on the back if you owned a home there. 

Oxford Mail:

For a little more than the average asking price, you could buy this mid-terrace property just off Iffley Road on Percy Street.

The period terrace would set you back £425,000 and benefits from off-street parking and benefits from two double bedrooms and an outhouse.

Littlemore

The parish of Littlemore is a couple of miles from the city centre, between Rose Hill, Blackbird Leys and Cowley. 

Boasting brilliant schools such as the John Henry Newman Academy, The Oxford Academy and Emmanuel Christian School, Littlemore is the ideal location for a family.

Prices have risen in the area by 16.4 per cent since 2015 with the average asking price going up from £296,367 to £345,049.

Oxford Mail:

This two-bedroom terrace on Oxford Road is on the market for a little more than the average asking price, at £350,000.

The property is described as in need of modernisation and is offered with no onward chain so could be a great project to turn for a profit. 

There are two double bedrooms and two reception rooms as well as a small front garden and a fine sized rear garden. 

Chalgrove

The picturesque village of Chalgrove is approximately 10 miles outside of Oxford and is a great place for people looking for more space away from the bustling city centre.

In the last five years, average asking prices have seen a significant increase, rising to £407,130 for a property in the village. 

Rising by 10.9 per cent since 2015 homes retailing for £367,266 could well have earned people a good return. 

Oxford Mail:

If you're looking for property in Chalgrove this three-bedroom detached house on Monument Road is on the market for £400,000. 

The new home can be found on the Chalgrove Meadow estate which features a range of two, three and four-bedroom properties. 

The property has been built by Miller Homes is available with the Help to Buy scheme.

What are your thoughts on the increase in house prices? Let us know in the comments.