FIVE OAKS, BROAD LANE, NEWDIGATE, DORKING, RH5 5AT - £719,000

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

FIVE OAKS is a very small extended detached house of 109m², built sometime between 1900 and 1929. It was last sold for £719,000 in January 2015, which was around 1% above the average January 2015 detached price in the Mole Valley local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

FIVE OAKS Sold Prices

Land registry data shows three sales for FIVE OAKS 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 FIVE OAKS 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
2015 9 JAN	£719,000	£713,204	1% above HPI
2004 23 JUL	£470,000	£441,307	7% above HPI
1997 10 OCT	£274,000	£219,490	25% above HPI

FIVE OAKS 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 FIVE OAKS sales between October 1997 and January 2015 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 July 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is FIVE OAKS?

FIVE OAKS is 109m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses in Parkgate, based on EPC data. The below chart shows the distribution of detached houses by size in Parkgate, and where FIVE OAKS lies on this distribution: 17% of detached houses are smaller than FIVE OAKS, and 83% of houses are larger. Note that EPC data is not available for all properties in Parkgate.

FIVE OAKS: Plot and Title Map

FIVE OAKS sits on a plot of roughly 1.1 acres, or 4,431m². The below map shows the location of FIVE OAKS, 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 FIVE OAKS). 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 FIVE OAKS?

FIVE OAKS is located on BROAD LANE in NEWDIGATE, in the RH5 postcode district. The below map shows the position of FIVE OAKS on BROAD LANE.