3, RED LION LANE, FARNHAM, GU9 7QN - £699,950

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

3 RED LION LANE is a small extended detached house of 128m², built sometime between 1976 and 1982. It was last sold for £699,950 in October 2018, which was around 10% below the average October 2018 detached price in the Waverley local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

3 RED LION LANE Sold Prices

Land registry data shows two sales for 3 RED LION LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. Both of the two 3 RED LION LANE 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
2018 16 OCT	£699,950	£778,926	10% below HPI
2002 30 APR	£330,000	£342,359	4% below HPI

3 RED LION LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The two 3 RED LION LANE sales from April 2002 and October 2018 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 April 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 RED LION LANE?

3 RED LION LANE is 128m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% of detached houses in Farnham, based on EPC data. The below chart shows the distribution of detached houses by size in Farnham, and where 3 RED LION LANE lies on this distribution: 31% of detached houses are smaller than 3 RED LION LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Farnham.

3 RED LION LANE: Plot and Title Map

3 RED LION LANE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 3 RED LION LANE, 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 3 RED LION LANE). 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 3 RED LION LANE?

3 RED LION LANE is located in FARNHAM, in the GU9 postcode district. The below map shows the position of No. 3 on RED LION LANE.