4, RIDGEWAY DRIVE, DORKING, RH4 3AN - £805,000

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

4 RIDGEWAY DRIVE is a very small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £805,000 in December 2022, which was around 16% below the average December 2022 detached price in the Mole Valley local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

4 RIDGEWAY DRIVE Sold Prices

Land registry data shows three sales for 4 RIDGEWAY DRIVE 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 4 RIDGEWAY DRIVE 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
2022 6 DEC	£805,000	£956,740	16% below HPI
2007 6 AUG	£415,000	£548,124	24% below HPI
1999 1 NOV	£236,000	£287,547	18% below HPI

4 RIDGEWAY DRIVE 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 4 RIDGEWAY DRIVE sales between November 1999 and December 2022 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 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 4 RIDGEWAY DRIVE?

4 RIDGEWAY DRIVE is 94m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of detached houses in Dorking, based on EPC data. The below chart shows the distribution of detached houses by size in Dorking, and where 4 RIDGEWAY DRIVE lies on this distribution: 13% of detached houses are smaller than 4 RIDGEWAY DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Dorking.

4 RIDGEWAY DRIVE: Plot and Title Map

4 RIDGEWAY DRIVE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 4 RIDGEWAY DRIVE, 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 4 RIDGEWAY DRIVE). 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 4 RIDGEWAY DRIVE?

4 RIDGEWAY DRIVE is located in DORKING, in the RH4 postcode district. The below map shows the position of No. 4 on RIDGEWAY DRIVE.