3, RED LION ROAD, CHOBHAM, WOKING, GU24 8RE - £570,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 RED LION ROAD is a small detached house of 107m², built sometime between 1967 and 1975. It was last sold for £570,000 in December 2019, which was around 10% below the average December 2019 detached price in the Surrey Heath local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

3 RED LION ROAD Sold Prices

Land registry data shows five sales for 3 RED LION ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. All of the five 3 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
2019 16 DEC	£570,000	£633,039	10% below HPI
2015 26 MAR	£485,000	£554,323	13% below HPI
2007 5 FEB	£389,950	£413,634	6% below HPI
2001 22 JUN	£250,000	£290,989	14% below HPI
1995 25 AUG	£117,000	£143,554	18% below HPI

3 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 five 3 RED LION ROAD sales between August 1995 and December 2019 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 March 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 RED LION ROAD?

3 RED LION ROAD is 107m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses in Chobham, based on EPC data. The below chart shows the distribution of detached houses by size in Chobham, and where 3 RED LION ROAD lies on this distribution: 35% of detached houses are smaller than 3 RED LION ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Chobham.

3 RED LION ROAD: Plot and Title Map

3 RED LION ROAD sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 3 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 3 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 3 RED LION ROAD?

3 RED LION ROAD is located in CHOBHAM, in the GU24 postcode district. The below map shows the position of No. 3 on RED LION ROAD.