MEAD COTTAGE, RIDGEWAY ROAD, DORKING, RH4 3AJ - £975,000

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

MEAD COTTAGE is a large detached house of 185m², built sometime between 1996 and 2002. It was last sold for £975,000 in May 2023, which was around 4% above the average May 2023 detached price in the Mole Valley local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

MEAD COTTAGE Sold Prices

Land registry data shows three sales for MEAD COTTAGE 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. Two of the three MEAD COTTAGE sales were for above the average price, whilst one was 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
2023 30 MAY	£975,000	£940,011	4% above HPI
2010 29 JUL	£745,000	£567,535	31% above HPI
2004 27 OCT	£400,000	£466,543	14% below HPI

MEAD 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 three MEAD COTTAGE sales between October 2004 and May 2023 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 2010 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the May 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is MEAD COTTAGE?

MEAD COTTAGE is 185m² according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Dorking, based on EPC data. The below chart shows the distribution of detached houses by size in Dorking, and where MEAD COTTAGE lies on this distribution: 76% of detached houses are smaller than MEAD COTTAGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Dorking.

MEAD COTTAGE: Plot and Title Map

MEAD COTTAGE sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of MEAD 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 MEAD 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 MEAD COTTAGE?

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