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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LARCHES is a large extended detached house of 193m², built sometime between 1950 and 1966, which could now be worth an estimated £1,040,627. It was last sold for £943,500 in May 2021, which was around 8% 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	£870,993	8% above HPI
2001 2 JUL	£435,000	£356,265	22% 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 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might LARCHES be worth now?

LARCHES might now be worth an estimated £1,040,627.

This is based on house price inflation of 10.3%, between May 2021 and December 2024, 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 10.3% inflationary increase is applied to the most recent sale price for LARCHES of £943,500 on 25th May 2021. For the value to have increased from £943,500 to £1,040,627 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of LARCHES has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The May 2021 sale price of £943,500 represented a fair market value for the property.
• The size, condition, and specification of LARCHES has not materially changed since May 2021.

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 houses in Parkgate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Parkgate, and where LARCHES lies on this distribution: 71% of detached houses houses are smaller than LARCHES, and 29% 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.