Three men pushed their way into a property in Wardington and stole handbags containing cash and bank cards.
The incident happened last Sunday night as the victims, a couple aged in their sixties, were watching television in their home in Greensward at about 9pm.
They heard a knock on the door but when the man went to answer, the offenders pushed their way into the property. They shoved him into the kitchen and two raiders remained with him while a third offender went upstairs.
The victim escaped the house via a ground floor window but was followed and chased by the two offenders.
He was able to summon help from a neighbour who came to his assistance and struggled with the intruder. The victim sustained stratches to his face but did not require hospital treatment. The offenders left the scene in a dark-coloured Volkswagen Golf.
Investigating officer, Detective Sergeant James Bonner of Banbury CID, said: “This was undoubtedly a frightening experience for the victims whose evening at home was suddenly interrupted by these cowardly intruders.
“Fortunately the victims were not seriously hurt, but I would like to reassure the local community that we are doing everything we can to track the offenders down.
“If anyone has any information please call Thames Valley Police on 101.
“Officers will be in the area and if anyone has any concerns or questions, please feel free to approach them, no matter how insignificant you think the information might be.”
This incident comes as Thames Valley Police released their latest figures for the Cherwell area, which includes Banbury, Bicester and Kidlington.
Compared with last year, there was a 13.5 per cent reduction in the amount of ‘burglary dwellings’ in the area. This means there were only 198 incidents throughout last year.
DS Bonner said he was delighted with the figures, but added his officers will continue working hard to cut the number even further.
He said: “These figures mean that 32.3 per cent of these offences result in us actually catching somebody, and with the average for Thames Valley Police being 19.6 per cent we are well above that.
“This reflects to everyone what a safe place Banbury and the Cherwell area is to live and work in.
“But we want to drive the number of incidents down further, it is still 198 incidents too many.”
With the new Thames Valley Alert system in place for residents to be kept updated on crime where they live, neighbourhood officers regularly post updates on the internet and social media, informing residents of the latest crimes that have been committed as well as security advice to avoid being a victim of crime.
DS Bonner has said doing the simplest of things can help you avoid being targeted by would-be offenders.
He said: “It is not right to be a victim of crime, but by taking such steps as locking your doors at night you can reduce the chance of an offence being committed.
“To have so few offences being committed in the area is great, but we know there is more work to be done.
“We have had some great results prosecuting burglary offenders. Getting them to court means they are not able to commit further offences.”
Anyone who has information about the incident in Wardington can also call Crimestoppers on 0800 555111.