40, MEAD ROAD, CRANLEIGH, GU6 7BQ - £425,000

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.

40 MEAD ROAD is a very small extended detached house of 91m², built sometime between 1900 and 1929, which could now be worth an estimated £921,788. It was last sold for £425,000 in February 2005, which was about the average February 2005 detached price in the Waverley local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

40 MEAD ROAD Sold Prices

Land registry data shows four sales for 40 MEAD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. The four 40 MEAD ROAD sales were a mix of roughly equal to the average price, and 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
2005 25 FEB	£425,000	£424,584	Close to HPI
1998 11 JUN	£215,000	£218,961	2% below HPI
1997 17 OCT	£205,000	£210,053	2% below HPI
1995 31 JAN	£152,500	£160,052	5% below HPI

40 MEAD ROAD 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 four 40 MEAD ROAD sales between January 1995 and February 2005 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 1998 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2005 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 40 MEAD ROAD be worth now?

40 MEAD ROAD might now be worth an estimated £921,788.

This is based on house price inflation of 116.9%, between February 2005 and February 2025, for detached houses, in the Waverley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 116.9% inflationary increase is applied to the most recent sale price for 40 MEAD ROAD of £425,000 on 25th February 2005. For the value to have increased from £425,000 to £921,788 over the twenty years to February 2025, the following assumptions must hold true:

• The value of 40 MEAD ROAD has moved in line with the HPI for detached houses in the Waverley local authority area.
• The February 2005 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MEAD ROAD has not materially changed since February 2005.

How Large is 40 MEAD ROAD?

40 MEAD ROAD is 91m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses houses in Cranleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranleigh, and where 40 MEAD ROAD lies on this distribution: 10% of detached houses houses are smaller than 40 MEAD ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Cranleigh.

40 MEAD ROAD: Plot and Title Map

40 MEAD ROAD sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 40 MEAD ROAD, 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 40 MEAD ROAD). 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 40 MEAD ROAD?

40 MEAD ROAD is located in CRANLEIGH, in the GU6 postcode district. The below map shows the position of No. 40 on MEAD ROAD.