Oakley is a village in the borough of Basingstoke and Deane in Hampshire, England, located around 4.5 miles (7 km) west of Basingstoke. In the 2001 Census it had a population of 5,322. Together with the smaller village of Deane, it forms the Oakley and Deane civil parish renamed as Oakley at the 2011 Census.

Basingstoke and Deane is a local government district with borough status in Hampshire, England. The main town is Basingstoke, where the council is based. The district also includes the towns of Tadley and Whitchurch, along with numerous villages and surrounding rural areas. The modern district was created in 1974, initially being called Basingstoke. It changed its name to "Basingstoke and Deane" in 1978 at the same time that it was made a borough; Deane was added to the name to represent the rural parts of the borough, being the area's smallest village.