House prices in the county have shown their first annual increase in eight months, latest figures have revealed.

Statistics produced by the Government’s Land Registry, show the average price of an Oxfordshire home now stands at £236,842, one per cent above the £234,466 recorded for January 2011.

Monthly values showed little change with prices in January falling by just £20 compared with December 2011.

Nationally, the average price is £161,545, down one per cent on the same month a year ago, but up 1.1 per cent month on month.