3, SOUTH TERRACE, DORKING, RH4 2AB - £940,000

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 SOUTH TERRACE is a large extended detached house of 191m², built sometime between 1930 and 1949. It was last sold for £940,000 in March 2017, which was around 15% above the average March 2017 detached price in the Mole Valley local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

3 SOUTH TERRACE Sold Prices

Land registry data shows three sales for 3 SOUTH TERRACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. All of the three 3 SOUTH TERRACE 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
2017 31 MAR	£940,000	£815,603	15% above HPI
2014 10 OCT	£850,000	£704,527	21% above HPI
1999 10 FEB	£320,000	£243,921	31% above HPI

3 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 three 3 SOUTH TERRACE sales between February 1999 and March 2017 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 October 2014 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2017 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 3 SOUTH TERRACE?

3 SOUTH TERRACE is 191m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% 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 SOUTH TERRACE lies on this distribution: 79% of detached houses are smaller than 3 SOUTH TERRACE, and 21% of houses are larger. Note that EPC data is not available for all properties in Dorking.

3 SOUTH TERRACE: Plot and Title Map

3 SOUTH TERRACE sits on a plot of roughly 0.191 of an acre, or 775m². The below map shows the location of 3 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 3 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 3 SOUTH TERRACE?

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