THIRDWAY, SPRINGWELL ROAD, BEARE GREEN, DORKING, RH5 4RN - £975,000

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

THIRDWAY is a large detached house of 122m², built sometime between 1950 and 1966. It was last sold for £975,000 in April 2019, which was around 23% above the average April 2019 detached price in the Mole Valley local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

THIRDWAY Sold Prices

Land registry data shows four sales for THIRDWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Most of the four THIRDWAY 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
2019 12 APR	£975,000	£793,881	23% above HPI
2002 17 JAN	£280,000	£363,704	23% below HPI
1999 1 SEP	£265,000	£280,937	6% below HPI
1996 18 JUL	£135,000	£178,696	24% below HPI

THIRDWAY 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 four THIRDWAY sales between July 1996 and April 2019 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 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2019 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is THIRDWAY?

THIRDWAY is 122m² according to the EPC inspection conducted in January 2019. This puts it in the largest 40% of detached houses in Beare Green, based on EPC data. The below chart shows the distribution of detached houses by size in Beare Green, and where THIRDWAY lies on this distribution: 62% of detached houses are smaller than THIRDWAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Beare Green.

THIRDWAY: Plot and Title Map

THIRDWAY sits on a plot of roughly 0.453 of an acre, or 1,835m². The below map shows the location of THIRDWAY, 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 THIRDWAY). 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 THIRDWAY?

THIRDWAY is located on SPRINGWELL ROAD in BEARE GREEN, in the RH5 postcode district. The below map shows the position of THIRDWAY on SPRINGWELL ROAD.