RUSSETTS, RIDGEWAY ROAD, DORKING, RH4 3EY - £430,000

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

RUSSETTS is a midsized extended detached house of 144m², built sometime between 1967 and 1975. It was last sold for £430,000 in October 2003, which was around 2% below the average October 2003 detached price in the Mole Valley local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

RUSSETTS Sold Prices

Land registry data shows three sales for RUSSETTS 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 RUSSETTS 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
2003 22 OCT	£430,000	£439,908	2% below HPI
1997 24 OCT	£198,500	£219,490	10% below HPI
1996 10 APR	£174,000	£180,775	4% below HPI

RUSSETTS 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 RUSSETTS sales between April 1996 and October 2003 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 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2003 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is RUSSETTS?

RUSSETTS is 144m², which includes three extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 50% of detached houses in Dorking, based on EPC data. The below chart shows the distribution of detached houses by size in Dorking, and where RUSSETTS lies on this distribution: 52% of detached houses are smaller than RUSSETTS, and 48% of houses are larger. Note that EPC data is not available for all properties in Dorking.

RUSSETTS: Plot and Title Map

RUSSETTS sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of RUSSETTS, 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 RUSSETTS). 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 RUSSETTS?

RUSSETTS is located on RIDGEWAY ROAD in DORKING, in the RH4 postcode district. The below map shows the position of RUSSETTS on RIDGEWAY ROAD.