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

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

9 RED LION LANE is a small extended detached house of 101m², built sometime between 1930 and 1949. It was last sold for £540,000 in March 2021, which was around 18% 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	£660,901	18% below HPI
2010 29 JAN	£345,000	£424,029	19% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

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 in Chobham, based on EPC data. The below chart shows the distribution of detached houses by size in Chobham, and where 9 RED LION LANE lies on this distribution: 30% of detached 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.