Good question.
I think you really have to think long and hard about it. At the end of the day, the fact that it is Oxford means that you will probably go there, but I would seriously consider going where you would enjoy more. There is no need to "follow the crowd" and go to Oxford just because t is Oxford.
In no way am I saying "don't go to Oxford", but I think you should seriously consider your options before going there just because it's oxford.