2, FORTUNE DRIVE, CRANLEIGH, GU6 8DH - £525,000

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

2 FORTUNE DRIVE is a small detached house of 111m², built sometime between 1967 and 1975. It was last sold for £525,000 in October 2017, which was around 31% below the average October 2017 detached price in the Waverley local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

2 FORTUNE DRIVE Sold Prices

Land registry data shows two sales for 2 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 2 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
2017 5 OCT	£525,000	£758,160	31% below HPI
2000 18 MAY	£266,500	£293,795	9% below HPI

2 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 2 FORTUNE DRIVE sales from May 2000 and October 2017 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 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 FORTUNE DRIVE?

2 FORTUNE DRIVE is 111m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of detached houses in Cranleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Cranleigh, and where 2 FORTUNE DRIVE lies on this distribution: 29% of detached houses are smaller than 2 FORTUNE DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Cranleigh.

2 FORTUNE DRIVE: Plot and Title Map

2 FORTUNE DRIVE sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 2 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 2 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 2 FORTUNE DRIVE?

2 FORTUNE DRIVE is located in CRANLEIGH, in the GU6 postcode district. The below map shows the position of No. 2 on FORTUNE DRIVE.