9, RED LION LANE, CHOBHAM, WOKING, GU24 8RH - £540,000

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

9 RED LION LANE is a small extended detached house of 101m², built sometime between 1930 and 1949, which could now be worth an estimated £587,383. It was last sold for £540,000 in March 2021, which was around 22% below the average March 2021 detached price in the Surrey Heath local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

9 RED LION LANE Sold Prices

Land registry data shows two sales for 9 RED LION LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. Both of the two 9 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
2021 26 MAR	£540,000	£694,838	22% below HPI
2010 29 JAN	£345,000	£445,802	23% below HPI

9 RED LION LANE 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 two 9 RED LION LANE sales from January 2010 and March 2021 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 January 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 9 RED LION LANE be worth now?

9 RED LION LANE might now be worth an estimated £587,383.

This is based on house price inflation of 8.8%, between March 2021 and December 2024, for detached houses, in the Surrey Heath local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.8% inflationary increase is applied to the most recent sale price for 9 RED LION LANE of £540,000 on 26th March 2021. For the value to have increased from £540,000 to £587,383 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 9 RED LION LANE has moved in line with the HPI for detached houses in the Surrey Heath local authority area.
• The March 2021 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RED LION LANE has not materially changed since March 2021.

How Large is 9 RED LION LANE?

9 RED LION LANE is 101m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses houses in Chobham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chobham, and where 9 RED LION LANE lies on this distribution: 30% of detached houses houses are smaller than 9 RED LION LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Chobham.

9 RED LION LANE: Plot and Title Map

9 RED LION LANE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 9 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 9 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 9 RED LION LANE?

9 RED LION LANE is located in CHOBHAM, in the GU24 postcode district. The below map shows the position of No. 9 on RED LION LANE.