5, RED LION CLOSE, SOUTHAM, CV47 1GP - £268,000

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

5 RED LION CLOSE is a very small detached house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £288,540. It was last sold for £268,000 in March 2024, which was around 52% below the average March 2024 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

5 RED LION CLOSE Sold Prices

Land registry data shows two sales for 5 RED LION CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. Both of the two 5 RED LION CLOSE 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
2024 28 MAR	£268,000	£560,592	52% below HPI
1997 2 DEC	£87,500	£148,116	41% below HPI

5 RED LION CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The two 5 RED LION CLOSE sales from December 1997 and March 2024 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 December 1997 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2024 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 5 RED LION CLOSE be worth now?

5 RED LION CLOSE might now be worth an estimated £288,540.

This is based on house price inflation of 7.7%, between March 2024 and February 2025, for detached houses, in the Stratford-on-Avon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.7% inflationary increase is applied to the most recent sale price for 5 RED LION CLOSE of £268,000 on 28th March 2024. For the value to have increased from £268,000 to £288,540 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 5 RED LION CLOSE has moved in line with the HPI for detached houses in the Stratford-on-Avon local authority area.
• The March 2024 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RED LION CLOSE has not materially changed since March 2024.

How Large is 5 RED LION CLOSE?

5 RED LION CLOSE is 57m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses houses in Southam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southam, and where 5 RED LION CLOSE lies on this distribution: 1% of detached houses houses are smaller than 5 RED LION CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Southam.

5 RED LION CLOSE: Plot and Title Map

5 RED LION CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 5 RED LION CLOSE, 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 5 RED LION CLOSE). 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 5 RED LION CLOSE?

5 RED LION CLOSE is located in SOUTHAM, in the CV47 postcode district. The below map shows the position of No. 5 on RED LION CLOSE.