FORGE COTTAGE, RUSPER ROAD, NEWDIGATE, DORKING, RH5 5BE - £675,750

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.

FORGE COTTAGE is a small extended detached house of 121m², built sometime before 1900, which could now be worth an estimated £808,433. It was last sold for £675,750 in June 2019, which was around 17% below the average June 2019 detached price in the Mole Valley local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was C.

FORGE COTTAGE Sold Prices

Land registry data shows two sales for FORGE COTTAGE 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 FORGE COTTAGE 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 28 JUN	£675,750	£815,556	17% below HPI
2010 5 MAR	£370,000	£585,157	37% below HPI

FORGE COTTAGE 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 FORGE COTTAGE sales from March 2010 and June 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 March 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might FORGE COTTAGE be worth now?

FORGE COTTAGE might now be worth an estimated £808,433.

This is based on house price inflation of 19.6%, between June 2019 and April 2026, for detached 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 19.6% inflationary increase is applied to the most recent sale price for FORGE COTTAGE of £675,750 on 28th June 2019. For the value to have increased from £675,750 to £808,433 over the seven years and two months to April 2026, the following assumptions must hold true:

• The value of FORGE COTTAGE has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The June 2019 sale price of £675,750 represented a fair market value for the property.
• The size, condition, and specification of FORGE COTTAGE has not materially changed since June 2019.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 121m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of detached houses houses in Newdigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newdigate, and where FORGE COTTAGE lies on this distribution: 38% of detached houses houses are smaller than FORGE COTTAGE, and 60% of houses are larger. Note that EPC data is not available for all properties in Newdigate.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.393 of an acre, or 1,591m². The below map shows the location of FORGE COTTAGE, 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 FORGE COTTAGE). 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 FORGE COTTAGE?

FORGE COTTAGE is located on RUSPER ROAD in NEWDIGATE, in the RH5 postcode district. The below map shows the position of FORGE COTTAGE on RUSPER ROAD.