MAGNOLIA COTTAGE, ROMAN ROAD, DORKING, RH4 3EU - £881,000

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

MAGNOLIA COTTAGE is a midsized extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £881,000 in March 2022, which was around 2% below the average March 2022 detached price in the Mole Valley local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

MAGNOLIA COTTAGE Sold Prices

Land registry data shows two sales for MAGNOLIA COTTAGE 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. One of the two MAGNOLIA COTTAGE sales was for below the average price, whilst the other was 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
2022 24 MAR	£881,000	£895,952	2% below HPI
2011 2 JUN	£610,000	£564,999	8% above HPI

MAGNOLIA COTTAGE 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 MAGNOLIA COTTAGE sales from June 2011 and March 2022 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 2011 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is 129m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 50% of detached houses in Dorking, based on EPC data. The below chart shows the distribution of detached houses by size in Dorking, and where MAGNOLIA COTTAGE lies on this distribution: 40% of detached houses are smaller than MAGNOLIA COTTAGE, and 59% of houses are larger. Note that EPC data is not available for all properties in Dorking.

MAGNOLIA COTTAGE: Plot and Title Map

MAGNOLIA COTTAGE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of MAGNOLIA COTTAGE, 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 MAGNOLIA COTTAGE). 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 MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is located on ROMAN ROAD in DORKING, in the RH4 postcode district. The below map shows the position of MAGNOLIA COTTAGE on ROMAN ROAD.