RIDGEWAY, HOLLOW LANE, DORMANSLAND, LINGFIELD, RH7 6NR - £1,480,000

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

RIDGEWAY is a very large detached house of 233m², built sometime before 1900, which could now be worth an estimated £1,610,574. It was last sold for £1,480,000 in August 2020, which was around 80% above the average August 2020 detached price in the Tandridge local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

RIDGEWAY Sold Prices

Land registry data shows three sales for RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. All of the three RIDGEWAY sales were 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 18 AUG	£1,480,000	£821,373	80% above HPI
2012 5 OCT	£855,000	£570,619	50% above HPI
2007 25 MAY	£700,000	£501,123	40% above HPI

RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The three RIDGEWAY sales between May 2007 and August 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 2012 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the August 2020 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might RIDGEWAY be worth now?

RIDGEWAY might now be worth an estimated £1,610,574.

This is based on house price inflation of 8.8%, between August 2020 and December 2024, for detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.8% inflationary increase is applied to the most recent sale price for RIDGEWAY of £1,480,000 on 18th August 2020. For the value to have increased from £1,480,000 to £1,610,574 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of RIDGEWAY has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The August 2020 sale price of £1,480,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGEWAY has not materially changed since August 2020.

How Large is RIDGEWAY?

RIDGEWAY is 233m² according to the EPC inspection conducted in November 2011. This puts it in the largest 10% of detached houses houses in Dormansland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dormansland, and where RIDGEWAY lies on this distribution: 95% of detached houses houses are smaller than RIDGEWAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Dormansland.

RIDGEWAY: Plot and Title Map

RIDGEWAY sits on a plot of roughly 1.1 acres, or 4,375m². The below map shows the location of RIDGEWAY, 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 RIDGEWAY). 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 RIDGEWAY?

RIDGEWAY is located on HOLLOW LANE in DORMANSLAND, in the RH7 postcode district. The below map shows the position of RIDGEWAY on HOLLOW LANE.