Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 WESTLEES CLOSE is a very small extended semi-detached house of 74m², built sometime between 2003 and 2006. It was last sold for £515,000 in May 2022, which was around 44% below the average May 2022 detached price in the Mole Valley local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 7 WESTLEES CLOSE since 1st 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 7 WESTLEES 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 |
---|---|---|---|
2022 6 MAY | £515,000 | £927,824 | 44% below HPI |
2017 9 AUG | £445,000 | £829,724 | 46% below HPI |
2006 30 MAR | £275,000 | £476,820 | 42% below HPI |
2004 28 JUN | £250,000 | £429,630 | 42% below HPI |
The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The four 7 WESTLEES CLOSE sales between June 2004 and May 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 2017 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2022 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.
7 WESTLEES CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses in Dorking, based on EPC data. The below chart shows the distribution of detached houses by size in Dorking, and where 7 WESTLEES CLOSE lies on this distribution: 4% of detached houses are smaller than 7 WESTLEES CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Dorking.
7 WESTLEES CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 7 WESTLEES 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 7 WESTLEES 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.
7 WESTLEES CLOSE is located in NORTH HOLMWOOD, in the RH5 postcode district. The below map shows the position of No. 7 on WESTLEES CLOSE.