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

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

RIDGEWAY is a very large detached house of 233m², built sometime before 1900. It was last sold for £1,480,000 in August 2020, which was around 84% 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	£804,704	84% above HPI
2012 5 OCT	£855,000	£559,039	53% above HPI
2007 25 MAY	£700,000	£490,953	43% 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 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the August 2020 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

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 in Dormansland, based on EPC data. The below chart shows the distribution of detached houses by size in Dormansland, and where RIDGEWAY lies on this distribution: 95% of detached 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.