74, NEW PARK ROAD, CRANLEIGH, GU6 7JN - £390,000

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

74 NEW PARK ROAD is a very small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £390,000 in August 2015, which was around 44% below the average August 2015 detached price in the Waverley local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

74 NEW PARK ROAD Sold Prices

Land registry data shows three sales for 74 NEW PARK ROAD 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 74 NEW PARK ROAD 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
2015 5 AUG	£390,000	£690,989	44% below HPI
2006 12 APR	£269,000	£433,054	38% below HPI
1995 25 MAY	£97,500	£151,729	36% below HPI

74 NEW PARK 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 three 74 NEW PARK ROAD sales between May 1995 and August 2015 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 April 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2015 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 74 NEW PARK ROAD?

74 NEW PARK ROAD is 95m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Cranleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Cranleigh, and where 74 NEW PARK ROAD lies on this distribution: 14% of detached houses are smaller than 74 NEW PARK ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Cranleigh.

74 NEW PARK ROAD: Plot and Title Map

74 NEW PARK ROAD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 74 NEW PARK 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 74 NEW PARK 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 74 NEW PARK ROAD?

74 NEW PARK ROAD is located in CRANLEIGH, in the GU6 postcode district. The below map shows the position of No. 74 on NEW PARK ROAD.