HIGHLANDS, VILLAGE STREET, NEWDIGATE, DORKING, RH5 5AD - £300,000

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

HIGHLANDS is a very small detached house of 78m², built sometime between 1930 and 1949. It was last sold for £300,000 in January 2005, which was around 31% below the average January 2005 detached price in the Mole Valley local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

HIGHLANDS Sold Prices

Land registry data shows two sales for HIGHLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Both of the two HIGHLANDS 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
2005 27 JAN	£300,000	£437,374	31% below HPI
1995 14 JUL	£128,000	£179,689	29% below HPI

HIGHLANDS 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 two HIGHLANDS sales from July 1995 and January 2005 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 1995 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2005 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is HIGHLANDS?

HIGHLANDS is 78m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Newdigate, based on EPC data. The below chart shows the distribution of detached houses by size in Newdigate, and where HIGHLANDS lies on this distribution: 4% of detached houses are smaller than HIGHLANDS, and 96% of houses are larger. Note that EPC data is not available for all properties in Newdigate.

HIGHLANDS: Plot and Title Map

HIGHLANDS sits on a plot of roughly 0.228 of an acre, or 922m². The below map shows the location of HIGHLANDS, 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 HIGHLANDS). 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 HIGHLANDS?

HIGHLANDS is located on VILLAGE STREET in NEWDIGATE, in the RH5 postcode district. The below map shows the position of HIGHLANDS on VILLAGE STREET.