2, RIDGEWAY CLOSE, DORKING, RH4 3AS - £695,000

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.

2 RIDGEWAY CLOSE is a small extended detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £784,166. It was last sold for £695,000 in December 2018, which was around 19% below the average December 2018 detached price in the Mole Valley local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

2 RIDGEWAY CLOSE Sold Prices

Land registry data shows one sale for 2 RIDGEWAY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 14 DEC	£695,000	£853,481	19% below HPI

What might 2 RIDGEWAY CLOSE be worth now?

2 RIDGEWAY CLOSE might now be worth an estimated £784,166.

This is based on house price inflation of 12.8%, between December 2018 and May 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 12.8% inflationary increase is applied to the most recent sale price for 2 RIDGEWAY CLOSE of £695,000 on 14th December 2018. For the value to have increased from £695,000 to £784,166 over the eight years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 RIDGEWAY CLOSE has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The December 2018 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIDGEWAY CLOSE has not materially changed since December 2018.

How Large is 2 RIDGEWAY CLOSE?

2 RIDGEWAY CLOSE is 111m², which includes three extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of detached houses in Dorking, based on EPC data. The below chart shows the distribution of detached houses by size in Dorking, and where 2 RIDGEWAY CLOSE lies on this distribution: 22% of detached houses are smaller than 2 RIDGEWAY CLOSE, and 78% of detached houses are larger. Note that EPC data is not available for all properties in Dorking.

2 RIDGEWAY CLOSE: Plot

2 RIDGEWAY CLOSE sits on a plot of roughly 0.134 of an acre, or 541m².

Where is 2 RIDGEWAY CLOSE?

2 RIDGEWAY CLOSE is located in DORKING, in the RH4 postcode district.