23, SOUTH TERRACE, DORKING, RH4 2AD - £780,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 SOUTH TERRACE is a small detached house of 121m², built sometime between 1983 and 1990. It was last sold for £780,000 in July 2024, which was around 15% below the average July 2024 detached price in the Mole Valley local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

23 SOUTH TERRACE Sold Prices

Land registry data shows four sales for 23 SOUTH TERRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. All of the four 23 SOUTH TERRACE 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
2024 25 JUL	£780,000	£920,519	15% below HPI
2010 19 MAR	£460,000	£563,903	18% below HPI
2002 2 MAY	£324,000	£361,569	10% below HPI
1999 15 JUN	£230,000	£255,348	10% below HPI

23 SOUTH TERRACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The four 23 SOUTH TERRACE sales between June 1999 and July 2024 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 March 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 23 SOUTH TERRACE?

23 SOUTH TERRACE is 121m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of detached houses in Dorking, based on EPC data. The below chart shows the distribution of detached houses by size in Dorking, and where 23 SOUTH TERRACE lies on this distribution: 34% of detached houses are smaller than 23 SOUTH TERRACE, and 65% of houses are larger. Note that EPC data is not available for all properties in Dorking.

23 SOUTH TERRACE: Plot and Title Map

23 SOUTH TERRACE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 23 SOUTH TERRACE, 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 23 SOUTH TERRACE). 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 23 SOUTH TERRACE?

23 SOUTH TERRACE is located in DORKING, in the RH4 postcode district. The below map shows the position of No. 23 on SOUTH TERRACE.