NEW COTTAGE, 1A, LIMEWAY TERRACE, DORKING, RH4 1HZ - £435,000

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.

NEW COTTAGE is a very small terraced house of 77m², which could now be worth an estimated £498,620. It was last sold for £435,000 in September 2016, which was around 14% above the average September 2016 terraced price in the Mole Valley local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

NEW COTTAGE Sold Prices

Land registry data shows four sales for NEW COTTAGE 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 NEW COTTAGE 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 9 SEP	£435,000	£381,404	14% above HPI
2010 28 MAY	£317,000	£264,552	20% above HPI
2008 11 APR	£395,000	£275,987	43% above HPI
2004 1 OCT	£295,000	£220,281	34% above HPI

NEW COTTAGE 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 NEW COTTAGE sales between October 2004 and September 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 May 2010 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2016 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might NEW COTTAGE be worth now?

NEW COTTAGE might now be worth an estimated £498,620.

This is based on house price inflation of 14.6%, between September 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 14.6% inflationary increase is applied to the most recent sale price for NEW COTTAGE of £435,000 on 9th September 2016. For the value to have increased from £435,000 to £498,620 over the nine years and two months to July 2025, the following assumptions must hold true:

• The value of NEW COTTAGE has moved in line with the HPI for terraced houses in the Mole Valley local authority area.
• The September 2016 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of NEW COTTAGE has not materially changed since September 2016.

How Large is NEW COTTAGE?

NEW COTTAGE is 77m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% 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 NEW COTTAGE lies on this distribution: 5% of terraced houses houses are smaller than NEW COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Dorking.

NEW COTTAGE: Plot and Title Map

NEW COTTAGE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of NEW 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 NEW 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 NEW COTTAGE?

NEW COTTAGE is located on LIMEWAY TERRACE in DORKING, in the RH4 postcode district. The below map shows the position of NEW COTTAGE on LIMEWAY TERRACE.