HODI, MILL LANE, HOOKWOOD, HORLEY, RH6 0HX - £426,000

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.

HODI is a small extended detached house of 122m², built sometime between 1930 and 1949, which could now be worth an estimated £572,490. It was last sold for £426,000 in November 2014, which was around 42% below the average November 2014 detached price in the Mole Valley local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

HODI Sold Prices

Land registry data shows three sales for HODI 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 HODI 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
2014 20 NOV	£426,000	£729,037	42% below HPI
2010 18 JUN	£270,000	£573,181	53% below HPI
2006 23 MAY	£260,000	£499,181	48% below HPI

HODI 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 HODI sales between May 2006 and November 2014 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 June 2010 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the November 2014 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might HODI be worth now?

HODI might now be worth an estimated £572,490.

This is based on house price inflation of 34.4%, between November 2014 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 34.4% inflationary increase is applied to the most recent sale price for HODI of £426,000 on 20th November 2014. For the value to have increased from £426,000 to £572,490 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of HODI has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The November 2014 sale price of £426,000 represented a fair market value for the property.
• The size, condition, and specification of HODI has not materially changed since November 2014.

How Large is HODI?

HODI is 122m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% of detached houses houses in Hookwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hookwood, and where HODI lies on this distribution: 38% of detached houses houses are smaller than HODI, and 62% of houses are larger. Note that EPC data is not available for all properties in Hookwood.

HODI: Plot and Title Map

HODI sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of HODI, 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 HODI). 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 HODI?

HODI is located on MILL LANE in HOOKWOOD, in the RH6 postcode district. The below map shows the position of HODI on MILL LANE.