LARCHES, MILL LANE, NEWDIGATE, DORKING, RH5 5AL - £943,500

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

LARCHES is a large extended detached house of 193m², built sometime between 1950 and 1966. It was last sold for £943,500 in May 2021, which was around 12% above the average May 2021 detached price in the Mole Valley local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

LARCHES Sold Prices

Land registry data shows two sales for LARCHES 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 LARCHES 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
2021 25 MAY	£943,500	£839,356	12% above HPI
2001 2 JUL	£435,000	£343,325	27% above HPI

LARCHES 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 LARCHES sales from July 2001 and May 2021 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 2001 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is LARCHES?

LARCHES is 193m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses in Parkgate, based on EPC data. The below chart shows the distribution of detached houses by size in Parkgate, and where LARCHES lies on this distribution: 73% of detached houses are smaller than LARCHES, and 27% of houses are larger. Note that EPC data is not available for all properties in Parkgate.

LARCHES: Plot and Title Map

LARCHES sits on a plot of roughly 0.471 of an acre, or 1,905m². The below map shows the location of LARCHES, 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 LARCHES). 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 LARCHES?

LARCHES is located on MILL LANE in NEWDIGATE, in the RH5 postcode district. The below map shows the position of LARCHES on MILL LANE.