1, RED LION MEWS, ODIHAM, HOOK, RG29 1HP - £440,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 RED LION MEWS is a very small extended detached house of 75m², built sometime between 2003 and 2006. It was last sold for £440,000 in November 2022, which was around 41% below the average November 2022 detached price in the Hart local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

1 RED LION MEWS Sold Prices

Land registry data shows three sales for 1 RED LION MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hart local authority area for the corresponding sale date. All of the three 1 RED LION MEWS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 9 NOV	£440,000	£751,408	41% below HPI
2008 19 JUN	£325,000	£426,318	24% below HPI
2003 31 OCT	£295,000	£336,342	12% below HPI

1 RED LION MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hart local authority area over time, sourced from the HPI. The three 1 RED LION MEWS sales between October 2003 and November 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 1 RED LION MEWS?

1 RED LION MEWS is 75m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses in Odiham, based on EPC data. The below chart shows the distribution of detached houses by size in Odiham, and where 1 RED LION MEWS lies on this distribution: 6% of detached houses are smaller than 1 RED LION MEWS, and 94% of houses are larger. Note that EPC data is not available for all properties in Odiham.

1 RED LION MEWS: Plot and Title Map

1 RED LION MEWS sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 1 RED LION MEWS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 RED LION MEWS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 RED LION MEWS?

1 RED LION MEWS is located in ODIHAM, in the RG29 postcode district. The below map shows the position of No. 1 on RED LION MEWS.