OLD PINES, PARKGATE ROAD, NEWDIGATE, DORKING, RH5 5DX - £600,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OLD PINES is a midsized extended detached house of 129m², built sometime between 1950 and 1966. It was last sold for £600,000 in September 2017, which was around 28% below the average September 2017 detached price in the Mole Valley local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

OLD PINES Sold Prices

Land registry data shows three sales for OLD PINES 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 OLD PINES 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
2017 13 SEP	£600,000	£829,834	28% below HPI
2014 17 JAN	£585,000	£644,052	9% below HPI
2002 25 JUL	£360,000	£395,379	9% below HPI

OLD PINES 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 OLD PINES sales between July 2002 and September 2017 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 January 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is OLD PINES?

OLD PINES is 129m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 50% of detached houses in Newdigate, based on EPC data. The below chart shows the distribution of detached houses by size in Newdigate, and where OLD PINES lies on this distribution: 51% of detached houses are smaller than OLD PINES, and 47% of houses are larger. Note that EPC data is not available for all properties in Newdigate.

OLD PINES: Plot and Title Map

OLD PINES sits on a plot of roughly 0.396 of an acre, or 1,604m². The below map shows the location of OLD PINES, 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 OLD PINES). 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 OLD PINES?

OLD PINES is located on PARKGATE ROAD in NEWDIGATE, in the RH5 postcode district. The below map shows the position of OLD PINES on PARKGATE ROAD.