8, PARKWAY, DORKING, RH4 1EU - £525,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 PARKWAY is a very small extended terraced house of 101m², built sometime between 1930 and 1949, which could now be worth an estimated £617,134. It was last sold for £525,000 in July 2016, which was around 41% above the average July 2016 terraced price in the Mole Valley local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

8 PARKWAY Sold Prices

Land registry data shows four sales for 8 PARKWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Mole Valley local authority area for the corresponding sale date. All of the four 8 PARKWAY 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
2016 27 JUL	£525,000	£371,916	41% above HPI
2004 26 AUG	£335,000	£215,360	56% above HPI
2002 21 NOV	£273,750	£182,036	50% above HPI
1995 7 AUG	£107,000	£83,046	29% above HPI

8 PARKWAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mole Valley local authority area over time, sourced from the HPI. The four 8 PARKWAY sales between August 1995 and July 2016 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 August 2004 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the July 2016 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 8 PARKWAY be worth now?

8 PARKWAY might now be worth an estimated £617,134.

This is based on house price inflation of 17.5%, between July 2016 and July 2025, for terraced houses, in the Mole Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.5% inflationary increase is applied to the most recent sale price for 8 PARKWAY of £525,000 on 27th July 2016. For the value to have increased from £525,000 to £617,134 over the nine years to July 2025, the following assumptions must hold true:

• The value of 8 PARKWAY has moved in line with the HPI for terraced houses in the Mole Valley local authority area.
• The July 2016 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PARKWAY has not materially changed since July 2016.

How Large is 8 PARKWAY?

8 PARKWAY is 101m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of terraced houses houses in Dorking, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Dorking, and where 8 PARKWAY lies on this distribution: 17% of terraced houses houses are smaller than 8 PARKWAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Dorking.

8 PARKWAY: Plot and Title Map

8 PARKWAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 8 PARKWAY, 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 8 PARKWAY). 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 8 PARKWAY?

8 PARKWAY is located in DORKING, in the RH4 postcode district. The below map shows the position of No. 8 on PARKWAY.