OAK COTTAGE, ARCHWAY PLACE, DORKING, RH4 1EP - £415,000

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

OAK COTTAGE is a very small semi-detached house of 70m², built sometime between 1996 and 2002. It was last sold for £415,000 in December 2020, which was around 51% below the average December 2020 detached price in the Mole Valley local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

OAK COTTAGE Sold Prices

Land registry data shows three sales for OAK 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 OAK COTTAGE sales were for below the average price, whilst one 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
2020 21 DEC	£415,000	£853,062	51% below HPI
2002 3 OCT	£595,000	£415,708	43% above HPI
1998 22 MAY	£109,950	£225,685	51% below HPI

OAK 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 OAK COTTAGE sales between May 1998 and December 2020 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 October 2002 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the December 2020 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is OAK COTTAGE?

OAK COTTAGE is 70m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Dorking, based on EPC data. The below chart shows the distribution of detached houses by size in Dorking, and where OAK COTTAGE lies on this distribution: 2% of detached houses are smaller than OAK COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Dorking.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.040 of an acre, or 164m². The below map shows the location of OAK 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 OAK 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 OAK COTTAGE?

OAK COTTAGE is located on ARCHWAY PLACE in DORKING, in the RH4 postcode district. The below map shows the position of OAK COTTAGE on ARCHWAY PLACE.