CHERRY TREES, TOWER HILL, DORKING, RH4 2AT - £975,000

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.

CHERRY TREES is a large extended detached house of 175m², built sometime before 1900, which could now be worth an estimated £1,128,107. It was last sold for £975,000 in January 2018, which was around 17% above the average January 2018 detached price in the Mole Valley local authority area. The most recent EPC inspection was March 2021, where the current energy rating was E, and the potential energy rating was B.

CHERRY TREES Sold Prices

Land registry data shows one sale for CHERRY TREES 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 4 JAN	£975,000	£832,284	17% above HPI

What might CHERRY TREES be worth now?

CHERRY TREES might now be worth an estimated £1,128,107.

This is based on house price inflation of 15.7%, between January 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 15.7% inflationary increase is applied to the most recent sale price for CHERRY TREES of £975,000 on 4th January 2018. For the value to have increased from £975,000 to £1,128,107 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of CHERRY TREES has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The January 2018 sale price of £975,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY TREES has not materially changed since January 2018.

How Large is CHERRY TREES?

CHERRY TREES is 175m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 40% of detached houses in Dorking, based on EPC data. The below chart shows the distribution of detached houses by size in Dorking, and where CHERRY TREES lies on this distribution: 69% of detached houses are smaller than CHERRY TREES, and 30% of detached houses are larger. Note that EPC data is not available for all properties in Dorking.

CHERRY TREES: Plot

CHERRY TREES sits on a plot of roughly 0.265 of an acre, or 1,073m².

Where is CHERRY TREES?

CHERRY TREES is located on TOWER HILL in DORKING, in the RH4 postcode district.