18, FORTUNE DRIVE, CRANLEIGH, GU6 8DH - £610,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 FORTUNE DRIVE is a small detached house of 119m², built sometime between 1976 and 1982. It was last sold for £610,500 in October 2021, which was around 27% below the average October 2021 detached price in the Waverley 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.

18 FORTUNE DRIVE Sold Prices

Land registry data shows two sales for 18 FORTUNE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. Both of the two 18 FORTUNE DRIVE 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
2021 12 OCT	£610,500	£833,505	27% below HPI
1996 28 JUN	£142,500	£160,832	11% below HPI

18 FORTUNE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The two 18 FORTUNE DRIVE sales from June 1996 and October 2021 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 June 1996 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 18 FORTUNE DRIVE?

18 FORTUNE DRIVE is 119m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 40% of detached houses in Cranleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Cranleigh, and where 18 FORTUNE DRIVE lies on this distribution: 35% of detached houses are smaller than 18 FORTUNE DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Cranleigh.

18 FORTUNE DRIVE: Plot and Title Map

18 FORTUNE DRIVE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 18 FORTUNE DRIVE, 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 18 FORTUNE DRIVE). 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 18 FORTUNE DRIVE?

18 FORTUNE DRIVE is located in CRANLEIGH, in the GU6 postcode district. The below map shows the position of No. 18 on FORTUNE DRIVE.