43, RED LION LANE, OVERTON, BASINGSTOKE, RG25 3HH - £395,000

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

43 RED LION LANE is a very small detached house of 80m², built sometime from 2007 onwards. It was last sold for £395,000 in December 2017, which was around 25% below the average December 2017 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

43 RED LION LANE Sold Prices

Land registry data shows seven sales for 43 RED LION LANE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the seven 43 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
2017 19 DEC	£395,000	£524,890	25% below HPI
2014 22 AUG	£320,000	£416,196	23% below HPI
2012 24 OCT	£250,000	£366,517	32% below HPI
2004 1 DEC	£166,000	£323,694	49% below HPI
2003 23 MAY	£152,000	£294,037	48% below HPI
2001 16 JUL	£118,000	£234,958	50% below HPI
1999 8 SEP	£74,500	£187,385	60% below HPI

43 RED LION LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basingstoke and Deane local authority area over time, sourced from the HPI. The seven 43 RED LION LANE sales between September 1999 and December 2017 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 August 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 43 RED LION LANE?

43 RED LION LANE is 80m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Overton, based on EPC data. The below chart shows the distribution of detached houses by size in Overton, and where 43 RED LION LANE lies on this distribution: 13% of detached houses are smaller than 43 RED LION LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Overton.

43 RED LION LANE: Plot and Title Map

43 RED LION LANE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 43 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 43 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 43 RED LION LANE?

43 RED LION LANE is located in OVERTON, in the RG25 postcode district. The below map shows the position of No. 43 on RED LION LANE.