HOUSE prices in Oxfordshire have remained almost static since March, according to the latest figures from the Government’s Land Registry.

The average house price in August was £240,628, an increase of 0.7 per cent since July.

Prices have risen 9.1 per cent since August 2009 – but have some way to go before they reach the £252,000 of 2008.

The national average for England and Wales was £167,423, an increase of 0.3 per cent.

Oxfordshire has one of the most resilient housing markets in England, with home values 4.7 per cent below three years ago, property website Zoopla.co.uk said.

The county was ranked third most resilient at 3.45 per cent, below London and Bath and North East Somerset.

Worst hit was Lincolnshire, 11.2 per cent down on 2007.

Nicholas Leeming, of Zoopla.co.uk, said: “As the economy strengthens, the housing market will likely perform best in those areas least sensitive to the upcoming public sector cuts and the north/south property divide looks set to get even wider.”