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The University Church of St Mary the Virgin is situated on the north side of the High Street. It is the centre from which the University of Oxford grew and its parish consists almost exclusively of university and college buildings.

St Mary's possesses an eccentric baroque porch, designed by Nicholas Stone, facing the High Street, and a spire. Radcliffe Square lies to the north ,and to the east is Catte Street. The 13th-century tower is open to the public and provides good views across the heart of the historic university city, especially Radcliffe Square, the Radcliffe Camera, Brasenose College and All Souls' College.

St Mary's is Grade I listed. Link .

Wikipedia: Link

Listed buildings and structures are officially designated as being of special architectural, historical or cultural significance. There are over half a million listed structures in the United Kingdom, covered by around 375,000 listings.
Listed status is more commonly associated with buildings or groups of buildings, however it can cover many other structures, including bridges, headstones, steps, ponds, monuments, walls, phone boxes, wrecks, parks, and heritage sites, and in more recent times a road crossing (Abbey Road) and graffiti art (Banksy 'Spy-booth') have been included.

In England and Wales there are three main listing designations;
Grade I (2.5%) - exceptional interest, sometimes considered to be internationally important.
Grade II* (5.5%) - particularly important buildings of more than special interest.
Grade II (92%) - nationally important and of special interest.

There are also locally listed structures (at the discretion of local authorities) using A, B and C designations.

In Scotland three classifications are also used but the criteria are different. There are around 47,500 Listed buildings.
Category A (8%)- generally equivalent to Grade I and II* in England and Wales
Category B (51%)- this appears generally to cover the ground of Grade II, recognising national importance.
Category C (41%)- buildings of local importance, probably with some overlap with English Grade II.

In Northern Ireland the criteria are similar to Scotland, but the classifications are:
Grade A (2.3%)
Grade B+ (4.7%)
Grade B (93%)

Read more at Wikipedia Link

Grade I listed buildings and structures are of exceptional, even international importance. There are over 6,000 in the country. Only 2.5% of listed buildings are Grade I listed.
In Scotland the classification is Category A
Index: Link