3, RIDGEWAY CLOSE, DORKING, RH4 3AS - £790,000

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

3 RIDGEWAY CLOSE is a midsized extended detached house of 151m², built sometime between 1967 and 1975. It was last sold for £790,000 in February 2020, which was around 1% below the average February 2020 detached price in the Mole Valley local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

3 RIDGEWAY CLOSE Sold Prices

Land registry data shows two sales for 3 RIDGEWAY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Both of the two 3 RIDGEWAY 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
2020 28 FEB	£790,000	£801,057	1% below HPI
2016 30 MAR	£505,000	£786,041	36% below HPI

3 RIDGEWAY CLOSE 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 two 3 RIDGEWAY CLOSE sales from March 2016 and February 2020 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 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 3 RIDGEWAY CLOSE?

3 RIDGEWAY CLOSE is 151m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 50% of detached houses in Dorking, based on EPC data. The below chart shows the distribution of detached houses by size in Dorking, and where 3 RIDGEWAY CLOSE lies on this distribution: 56% of detached houses are smaller than 3 RIDGEWAY CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Dorking.

3 RIDGEWAY CLOSE: Plot and Title Map

3 RIDGEWAY CLOSE sits on a plot of roughly 0.171 of an acre, or 690m². The below map shows the location of 3 RIDGEWAY 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 3 RIDGEWAY 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 3 RIDGEWAY CLOSE?

3 RIDGEWAY CLOSE is located in DORKING, in the RH4 postcode district. The below map shows the position of No. 3 on RIDGEWAY CLOSE.