7, REDE'S CLOSE, HOOK, RG27 9UX - £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

7 REDE'S CLOSE is a very large detached house of 186m², built sometime between 2003 and 2006. It was last sold for £570,000 in March 2019, which was around 8% below the average March 2019 detached price in the Hart local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

7 REDE'S CLOSE Sold Prices

Land registry data shows four sales for 7 REDE'S CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hart local authority area for the corresponding sale date. two of the four 7 REDE'S CLOSE sales were for below the average price, and four were for above 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 22 MAR	£570,000	£621,739	8% below HPI
2018 16 OCT	£565,000	£626,527	10% below HPI
2009 4 SEP	£460,000	£401,723	15% above HPI
2004 23 APR	£479,995	£352,646	36% above HPI

7 REDE'S CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hart local authority area over time, sourced from the HPI. The four 7 REDE'S CLOSE sales between April 2004 and March 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 October 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 7 REDE'S CLOSE?

7 REDE'S CLOSE is 186m² according to the EPC inspection conducted in January 2009. This puts it in the largest 10% of detached houses in Hook, based on EPC data. The below chart shows the distribution of detached houses by size in Hook, and where 7 REDE'S CLOSE lies on this distribution: 90% of detached houses are smaller than 7 REDE'S CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Hook.

7 REDE'S CLOSE: Plot and Title Map

7 REDE'S CLOSE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 7 REDE'S 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 7 REDE'S 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 7 REDE'S CLOSE?

7 REDE'S CLOSE is located in HOOK, in the RG27 postcode district. The below map shows the position of No. 7 on REDE'S CLOSE.