7A, RED LION ROAD, CHOBHAM, WOKING, GU24 8RE - £475,000

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

7A RED LION ROAD is a very small semi-detached house of 63m², built sometime between 2003 and 2006. It was last sold for £475,000 in April 2022, which was around 34% below the average April 2022 detached price in the Surrey Heath local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

7A RED LION ROAD Sold Prices

Land registry data shows four sales for 7A RED LION ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. All of the four 7A 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
2022 13 APR	£475,000	£716,830	34% below HPI
2014 10 NOV	£384,000	£547,892	30% below HPI
2003 17 OCT	£259,950	£365,677	29% below HPI
2001 12 APR	£180,000	£283,061	36% below HPI

7A 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 four 7A RED LION ROAD sales between April 2001 and April 2022 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 November 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 7A RED LION ROAD?

7A RED LION ROAD is 63m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Chobham, based on EPC data. The below chart shows the distribution of detached houses by size in Chobham, and where 7A RED LION ROAD lies on this distribution: 7% of detached houses are smaller than 7A RED LION ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Chobham.

7A RED LION ROAD: Plot and Title Map

7A RED LION ROAD sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 7A 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 7A 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 7A RED LION ROAD?

7A RED LION ROAD is located in CHOBHAM, in the GU24 postcode district. The below map shows the position of No. 7A on RED LION ROAD.