7, FORTUNE DRIVE, CRANLEIGH, GU6 8DH - £580,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 FORTUNE DRIVE is a very small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £580,000 in October 2022, which was around 39% below the average October 2022 detached price in the Waverley local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

7 FORTUNE DRIVE Sold Prices

Land registry data shows three sales for 7 FORTUNE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the three 7 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
2022 14 OCT	£580,000	£957,511	39% below HPI
2003 30 OCT	£287,500	£423,749	32% below HPI
1998 31 JUL	£150,000	£229,578	35% below HPI

7 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 three 7 FORTUNE DRIVE sales between July 1998 and October 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 October 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 7 FORTUNE DRIVE be worth now?

7 FORTUNE DRIVE might now be worth an estimated £550,863.

This is based on house price deflation of 5%, between October 2022 and December 2024, 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 5% deflationary decrease is applied to the most recent sale price for 7 FORTUNE DRIVE of £580,000 on 14th October 2022. For the value to have decreased from £580,000 to £550,863 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 7 FORTUNE DRIVE has moved in line with the HPI for detached houses in the Waverley local authority area.
• The October 2022 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FORTUNE DRIVE has not materially changed since October 2022.

How Large is 7 FORTUNE DRIVE?

7 FORTUNE DRIVE is 85m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% 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 7 FORTUNE DRIVE lies on this distribution: 6% of detached houses houses are smaller than 7 FORTUNE DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Cranleigh.

7 FORTUNE DRIVE: Plot and Title Map

7 FORTUNE DRIVE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 7 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 7 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 7 FORTUNE DRIVE?

7 FORTUNE DRIVE is located in CRANLEIGH, in the GU6 postcode district. The below map shows the position of No. 7 on FORTUNE DRIVE.