ARAMERE, HOGSPUDDING LANE, NEWDIGATE, DORKING, RH5 5DS - £670,000

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

ARAMERE is a midsized extended detached house of 124m², built sometime between 1930 and 1949. It was last sold for £670,000 in November 2020, which was around 21% below the average November 2020 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 C.

ARAMERE Sold Prices

Land registry data shows three sales for ARAMERE 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 ARAMERE 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 5 NOV	£670,000	£844,102	21% below HPI
2004 28 MAY	£342,500	£429,030	20% below HPI
1999 19 NOV	£182,000	£287,547	37% below HPI

ARAMERE 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 ARAMERE sales between November 1999 and November 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 May 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is ARAMERE?

ARAMERE is 124m², which includes two extensions, according to the EPC inspection conducted in May 2020. This puts it in the smallest 50% of detached houses in Newdigate, based on EPC data. The below chart shows the distribution of detached houses by size in Newdigate, and where ARAMERE lies on this distribution: 40% of detached houses are smaller than ARAMERE, and 60% of houses are larger. Note that EPC data is not available for all properties in Newdigate.

ARAMERE: Plot and Title Map

ARAMERE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of ARAMERE, 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 ARAMERE). 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 ARAMERE?

ARAMERE is located on HOGSPUDDING LANE in NEWDIGATE, in the RH5 postcode district. The below map shows the position of ARAMERE on HOGSPUDDING LANE.