WOOD GROVE, RED LION ROAD, CHOBHAM, WOKING, GU24 8RG - £1,250,000

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

WOOD GROVE is a large detached house of 158m², built sometime between 2003 and 2006. It was last sold for £1,250,000 in March 2023, which was around 62% above the average March 2023 detached price in the Surrey Heath local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

WOOD GROVE Sold Prices

Land registry data shows two sales for WOOD GROVE 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 WOOD GROVE 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
2023 24 MAR	£1,250,000	£770,609	62% above HPI
1998 28 AUG	£220,000	£203,473	8% above HPI

WOOD GROVE 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 WOOD GROVE sales from August 1998 and March 2023 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 August 1998 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2023 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is WOOD GROVE?

WOOD GROVE is 158m² according to the EPC inspection conducted in October 2022. This puts it in the largest 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 WOOD GROVE lies on this distribution: 68% of detached houses are smaller than WOOD GROVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Chobham.

WOOD GROVE: Plot and Title Map

WOOD GROVE sits on a plot of roughly 0.224 of an acre, or 908m². The below map shows the location of WOOD GROVE, 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 WOOD GROVE). 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 WOOD GROVE?

WOOD GROVE is located on RED LION ROAD in CHOBHAM, in the GU24 postcode district. The below map shows the position of WOOD GROVE on RED LION ROAD.