2, RED LION STEPS, HIGH STREET, BLOCKLEY, MORETON-IN-MARSH, GL56 9HH - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 RED LION STEPS is a very small detached house of 72m², built sometime before 1900, which could now be worth an estimated £506,078. It was last sold for £280,000 in July 2011, which was around 28% below the average July 2011 detached price in the Cotswold local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

2 RED LION STEPS Sold Prices

Land registry data shows two sales for 2 RED LION STEPS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. Both of the two 2 RED LION STEPS 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
2011 28 JUL	£280,000	£389,789	28% below HPI
2001 6 NOV	£145,000	£240,458	40% below HPI

2 RED LION STEPS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The two 2 RED LION STEPS sales from November 2001 and July 2011 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 November 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2011 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 RED LION STEPS be worth now?

2 RED LION STEPS might now be worth an estimated £506,078.

This is based on house price inflation of 80.7%, between July 2011 and December 2024, for detached houses, in the Cotswold local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 80.7% inflationary increase is applied to the most recent sale price for 2 RED LION STEPS of £280,000 on 28th July 2011. For the value to have increased from £280,000 to £506,078 over the twelve years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 RED LION STEPS has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The July 2011 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RED LION STEPS has not materially changed since July 2011.

How Large is 2 RED LION STEPS?

2 RED LION STEPS is 72m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of detached houses houses in Blockley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blockley, and where 2 RED LION STEPS lies on this distribution: 5% of detached houses houses are smaller than 2 RED LION STEPS, and 95% of houses are larger. Note that EPC data is not available for all properties in Blockley.

2 RED LION STEPS: Plot and Title Map

2 RED LION STEPS sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 2 RED LION STEPS, 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 2 RED LION STEPS). 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 2 RED LION STEPS?

2 RED LION STEPS is located on HIGH STREET in BLOCKLEY, in the GL56 postcode district. The below map shows the position of 2 RED LION STEPS on HIGH STREET.