BROADVIEW, PARKGATE ROAD, NEWDIGATE, DORKING, RH5 5DX - £700,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BROADVIEW is a small extended detached house of 121m², built sometime between 1930 and 1949, which could now be worth an estimated £822,447. It was last sold for £700,000 in August 2020, which was around 16% below the average August 2020 detached price in the Mole Valley local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was A.

BROADVIEW Sold Prices

Land registry data shows three sales for BROADVIEW 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 BROADVIEW 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 AUG	£700,000	£833,870	16% below HPI
2003 28 FEB	£299,950	£427,907	30% below HPI
1996 29 APR	£105,000	£187,589	44% below HPI

BROADVIEW 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 BROADVIEW sales between April 1996 and August 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 February 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might BROADVIEW be worth now?

BROADVIEW might now be worth an estimated £822,447.

This is based on house price inflation of 17.5%, between August 2020 and February 2025, for detached houses, in the Mole Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.5% inflationary increase is applied to the most recent sale price for BROADVIEW of £700,000 on 28th August 2020. For the value to have increased from £700,000 to £822,447 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of BROADVIEW has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The August 2020 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of BROADVIEW has not materially changed since August 2020.

How Large is BROADVIEW?

BROADVIEW is 121m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% of detached houses houses in Newdigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newdigate, and where BROADVIEW lies on this distribution: 39% of detached houses houses are smaller than BROADVIEW, and 59% of houses are larger. Note that EPC data is not available for all properties in Newdigate.

BROADVIEW: Plot and Title Map

BROADVIEW sits on a plot of roughly 0.515 of an acre, or 2,084m². The below map shows the location of BROADVIEW, 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 BROADVIEW). 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 BROADVIEW?

BROADVIEW is located on PARKGATE ROAD in NEWDIGATE, in the RH5 postcode district. The below map shows the position of BROADVIEW on PARKGATE ROAD.