THE BEACON, WAGON LANE, HOOK, RG27 9EJ - £785,000

THE BEACON is a midsized extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £785,000 in June 2021, which was around 18% above the average June 2021 detached price in the Hart local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

THE BEACON Sold Prices

Land registry data shows two sales for THE BEACON since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hart local authority area for the corresponding sale date. Both of the two THE BEACON sales 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
2021 7 JUN	£785,000	£665,262	18% above HPI
2014 15 MAY	£550,000	£500,306	10% above HPI

THE BEACON 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 two THE BEACON sales from May 2014 and June 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 May 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is THE BEACON?

THE BEACON is 139m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 50% of detached houses in Hook, based on EPC data. The below chart shows the distribution of detached houses by size in Hook, and where THE BEACON lies on this distribution: 59% of detached houses are smaller than THE BEACON, and 40% of houses are larger. Note that EPC data is not available for all properties in Hook.

THE BEACON: Plot and Title Map

THE BEACON sits on a plot of roughly 0.232 of an acre, or 940m². The below map shows the location of THE BEACON, 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 THE BEACON). 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 THE BEACON?

THE BEACON is located on WAGON LANE in HOOK, in the RG27 postcode district. The below map shows the position of THE BEACON on WAGON LANE.