54, MEAD ROAD, CRANLEIGH, GU6 7BQ - £640,000

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

54 MEAD ROAD is a small extended detached house of 122m², built sometime between 1930 and 1949. It was last sold for £640,000 in April 2022, which was around 24% below the average April 2022 detached price in the Waverley local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

54 MEAD ROAD Sold Prices

Land registry data shows four sales for 54 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 54 MEAD ROAD sales were a mix of below the average price, and roughly equal to 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
2022 8 APR	£640,000	£840,881	24% below HPI
1999 17 DEC	£191,000	£268,606	29% below HPI
1998 22 JUN	£175,000	£207,744	16% below HPI
1997 10 OCT	£200,000	£199,292	Close to HPI

54 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 54 MEAD ROAD sales between October 1997 and April 2022 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 December 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 54 MEAD ROAD?

54 MEAD ROAD is 122m², which includes one extension, according to the EPC inspection conducted in February 2017. 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 54 MEAD ROAD lies on this distribution: 38% of detached houses are smaller than 54 MEAD ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Cranleigh.

54 MEAD ROAD: Plot and Title Map

54 MEAD ROAD sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 54 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 54 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 54 MEAD ROAD?

54 MEAD ROAD is located in CRANLEIGH, in the GU6 postcode district. The below map shows the position of No. 54 on MEAD ROAD.