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

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.

HIGHWOOD is a small extended detached house of 119m², built sometime between 1930 and 1949, which could now be worth an estimated £713,012. It was last sold for £545,000 in February 2015, which was around 27% 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	£748,872	27% below HPI
2010 11 OCT	£430,000	£621,744	31% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might HIGHWOOD be worth now?

HIGHWOOD might now be worth an estimated £713,012.

This is based on house price inflation of 30.8%, between February 2015 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 30.8% inflationary increase is applied to the most recent sale price for HIGHWOOD of £545,000 on 13th February 2015. For the value to have increased from £545,000 to £713,012 over the ten years to February 2025, the following assumptions must hold true:

• The value of HIGHWOOD has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The February 2015 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHWOOD has not materially changed since February 2015.

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 houses in Dorking, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dorking, and where HIGHWOOD lies on this distribution: 32% of detached houses 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.