HIGHWOOD, REIGATE ROAD, DORKING, RH4 1QF - £545,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HIGHWOOD is a small extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £545,000 in February 2015, which was around 24% below the average February 2015 detached price in the Mole Valley local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

HIGHWOOD Sold Prices

Land registry data shows two sales for HIGHWOOD 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 HIGHWOOD 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
2015 13 FEB	£545,000	£721,671	24% below HPI
2010 11 OCT	£430,000	£599,161	28% below HPI

HIGHWOOD 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 HIGHWOOD sales from October 2010 and February 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 October 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2015 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is HIGHWOOD?

HIGHWOOD is 119m², which includes three extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses in Dorking, based on EPC data. The below chart shows the distribution of detached houses by size in Dorking, and where HIGHWOOD lies on this distribution: 32% of detached houses are smaller than HIGHWOOD, and 67% of houses are larger. Note that EPC data is not available for all properties in Dorking.

HIGHWOOD: Plot and Title Map

HIGHWOOD sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of HIGHWOOD, 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 HIGHWOOD). 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 HIGHWOOD?

HIGHWOOD is located on REIGATE ROAD in DORKING, in the RH4 postcode district. The below map shows the position of HIGHWOOD on REIGATE ROAD.