11, RED LION ROAD, CHOBHAM, WOKING, GU24 8RE - £500,000

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

11 RED LION ROAD is a very small detached house of 85m², built sometime between 1976 and 1982. It was last sold for £500,000 in September 2021, which was around 27% below the average September 2021 detached price in the Surrey Heath local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

11 RED LION ROAD Sold Prices

Land registry data shows three sales for 11 RED LION ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. All of the three 11 RED LION ROAD 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
2021 3 SEP	£500,000	£688,967	27% below HPI
2005 18 JUL	£310,000	£361,519	14% below HPI
2001 2 FEB	£195,000	£278,969	30% below HPI

11 RED LION ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Surrey Heath local authority area over time, sourced from the HPI. The three 11 RED LION ROAD sales between February 2001 and September 2021 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 July 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 11 RED LION ROAD?

11 RED LION ROAD is 85m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of detached houses in Chobham, based on EPC data. The below chart shows the distribution of detached houses by size in Chobham, and where 11 RED LION ROAD lies on this distribution: 19% of detached houses are smaller than 11 RED LION ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Chobham.

11 RED LION ROAD: Plot and Title Map

11 RED LION ROAD sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 11 RED LION ROAD, 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 11 RED LION ROAD). 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 11 RED LION ROAD?

11 RED LION ROAD is located in CHOBHAM, in the GU24 postcode district. The below map shows the position of No. 11 on RED LION ROAD.