1, RIDGEWAY CLOSE, DORKING, RH4 3AS - £585,000

1 RIDGEWAY CLOSE is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £585,000 in August 2017, which was around 29% below the average August 2017 detached price in the Mole Valley local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

1 RIDGEWAY CLOSE Sold Prices

Land registry data shows two sales for 1 RIDGEWAY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Both of the two 1 RIDGEWAY CLOSE 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
2017 25 AUG	£585,000	£829,724	29% below HPI
2013 21 NOV	£360,000	£634,780	43% below HPI

1 RIDGEWAY CLOSE 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 two 1 RIDGEWAY CLOSE sales from November 2013 and August 2017 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 November 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 RIDGEWAY CLOSE?

1 RIDGEWAY CLOSE is 64m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Dorking, based on EPC data. The below chart shows the distribution of detached houses by size in Dorking, and where 1 RIDGEWAY CLOSE lies on this distribution: 2% of detached houses are smaller than 1 RIDGEWAY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Dorking.

1 RIDGEWAY CLOSE: Plot and Title Map

1 RIDGEWAY CLOSE sits on a plot of roughly 0.233 of an acre, or 943m². The below map shows the location of 1 RIDGEWAY CLOSE, 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 1 RIDGEWAY CLOSE). 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 1 RIDGEWAY CLOSE?

1 RIDGEWAY CLOSE is located in DORKING, in the RH4 postcode district. The below map shows the position of No. 1 on RIDGEWAY CLOSE.