TREETOPS, BROAD LANE, NEWDIGATE, DORKING, RH5 5AS - £1,050,000

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

TREETOPS is a small extended detached house of 135m², built sometime between 1930 and 1949. It was last sold for £1,050,000 in January 2022, which was around 19% above the average January 2022 detached price in the Mole Valley local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

TREETOPS Sold Prices

Land registry data shows three sales for TREETOPS 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 TREETOPS 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
2022 26 JAN	£1,050,000	£881,441	19% above HPI
2019 25 JAN	£840,000	£833,941	1% above HPI
2010 20 MAY	£655,000	£562,202	17% above HPI

TREETOPS 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 TREETOPS sales between May 2010 and January 2022 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 2019 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2022 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is TREETOPS?

TREETOPS is 135m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of detached houses in Parkgate, based on EPC data. The below chart shows the distribution of detached houses by size in Parkgate, and where TREETOPS lies on this distribution: 29% of detached houses are smaller than TREETOPS, and 66% of houses are larger. Note that EPC data is not available for all properties in Parkgate.

TREETOPS: Plot and Title Map

TREETOPS sits on a plot of roughly 3.0 acres, or 11,951m². The below map shows the location of TREETOPS, 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 TREETOPS). 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 TREETOPS?

TREETOPS is located on BROAD LANE in NEWDIGATE, in the RH5 postcode district. The below map shows the position of TREETOPS on BROAD LANE.