OAK TREE COTTAGE, UNDERHILL ROAD, NEWDIGATE, DORKING, RH5 5AB - £642,000

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

OAK TREE COTTAGE is a midsized detached house of 131m², built sometime between 2003 and 2006, which could now be worth an estimated £635,337. It was last sold for £642,000 in January 2024, which was around 34% below the average January 2024 detached price in the Mole Valley local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

OAK TREE COTTAGE Sold Prices

Land registry data shows three sales for OAK TREE 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. All of the three OAK TREE COTTAGE sales were 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
2024 29 JAN	£642,000	£970,730	34% below HPI
2018 27 JUL	£516,000	£864,467	40% below HPI
2008 18 JAN	£397,500	£591,237	33% below HPI

OAK TREE 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 TREE COTTAGE sales between January 2008 and January 2024 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 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2024 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might OAK TREE COTTAGE be worth now?

OAK TREE COTTAGE might now be worth an estimated £635,337.

This is based on house price deflation of 1%, between January 2024 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 1% deflationary decrease is applied to the most recent sale price for OAK TREE COTTAGE of £642,000 on 29th January 2024. For the value to have decreased from £642,000 to £635,337 over the one month to December 2024, the following assumptions must hold true:

• The value of OAK TREE COTTAGE has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The January 2024 sale price of £642,000 represented a fair market value for the property.
• The size, condition, and specification of OAK TREE COTTAGE has not materially changed since January 2024.

How Large is OAK TREE COTTAGE?

OAK TREE COTTAGE is 131m² according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of detached houses houses in Newdigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newdigate, and where OAK TREE COTTAGE lies on this distribution: 56% of detached houses houses are smaller than OAK TREE COTTAGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Newdigate.

OAK TREE COTTAGE: Plot and Title Map

OAK TREE COTTAGE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of OAK TREE 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 TREE 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 TREE COTTAGE?

OAK TREE COTTAGE is located on UNDERHILL ROAD in NEWDIGATE, in the RH5 postcode district. The below map shows the position of OAK TREE COTTAGE on UNDERHILL ROAD.