42, THE DRIVE, CRANLEIGH, GU6 7LZ - £475,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

42 THE DRIVE is a midsized extended detached house of 146m², built sometime between 1967 and 1975. It was last sold for £475,000 in July 2010, which was around 10% below the average July 2010 detached price in the Waverley local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

42 THE DRIVE Sold Prices

Land registry data shows two sales for 42 THE 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 42 THE 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
2010 29 JUL	£475,000	£529,977	10% below HPI
1999 3 MAR	£219,000	£224,936	3% below HPI

42 THE 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 42 THE DRIVE sales from March 1999 and July 2010 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 March 1999 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2010 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 42 THE DRIVE?

42 THE DRIVE is 146m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 50% of detached houses in Cranleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Cranleigh, and where 42 THE DRIVE lies on this distribution: 58% of detached houses are smaller than 42 THE DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Cranleigh.

42 THE DRIVE: Plot and Title Map

42 THE DRIVE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 42 THE 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 42 THE 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 42 THE DRIVE?

42 THE DRIVE is located in CRANLEIGH, in the GU6 postcode district. The below map shows the position of No. 42 on THE DRIVE.