8, RED LION CLOSE, SOUTHAM, CV47 1GP - £300,000

8 RED LION CLOSE is a very small detached house of 54m², built sometime between 2003 and 2006. It was last sold for £300,000 in February 2016, which was around 33% below the average February 2016 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

8 RED LION CLOSE Sold Prices

Land registry data shows three sales for 8 RED LION CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the three 8 RED LION CLOSE 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
2016 24 FEB	£300,000	£448,719	33% below HPI
2002 30 AUG	£155,000	£244,499	37% below HPI
1998 30 APR	£88,000	£151,283	42% below HPI

8 RED LION CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The three 8 RED LION CLOSE sales between April 1998 and February 2016 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 2002 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2016 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 RED LION CLOSE?

8 RED LION CLOSE is 54m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses in Southam, based on EPC data. The below chart shows the distribution of detached houses by size in Southam, and where 8 RED LION CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 8 RED LION CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Southam.

8 RED LION CLOSE: Plot and Title Map

8 RED LION CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 8 RED LION CLOSE, 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 8 RED LION CLOSE). 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 8 RED LION CLOSE?

8 RED LION CLOSE is located in SOUTHAM, in the CV47 postcode district. The below map shows the position of No. 8 on RED LION CLOSE.