Peg,Born and bred in Banbury and had many delightful times there until I settled elsewhere, as my parents still live there I often head that way and have been to the white horse folk club at the mill on occassions and had a good time. Intend (work permitting) to head up for the music feastival.
The reindeer is definatley one of the oldest pubs in the town, another oldie being the coach and horses in the market place. The Reindeer has an old room known if I remeber correctly as the Globe room as it thought to date to Shakespear's time (original eh) It would have been well sited as a military command post during the siege of Banbury castle, the castle is long gone though, Cromwell, not developers this time so he may have stopped by to direct operations. Another interesting pub, now long gone called the bear used to have a bear pit under the modern floor, now covered by Laura bloody Ashley.
I take it you know of the local tradition regarding the standing stones at Rollright, that if you try and count the stones that make up the main circle you never get the same number twice, some friends were there last week for Cropredy, they went to the stones and failed to get a consecutive talley, spooky.
have fun
Sledge