CORNERWAYS, ALFOLD ROAD, CRANLEIGH, GU6 8NB - £405,000

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

CORNERWAYS is a very small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £405,000 in September 2019, which was around 45% below the average September 2019 detached price in the Waverley local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

CORNERWAYS Sold Prices

Land registry data shows four sales for CORNERWAYS 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. All of the four CORNERWAYS 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
2019 3 SEP	£405,000	£738,932	45% below HPI
2019 31 JUL	£415,000	£739,817	44% below HPI
2001 24 AUG	£162,500	£329,359	51% below HPI
1999 8 SEP	£134,000	£255,161	47% below HPI

CORNERWAYS 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 CORNERWAYS sales between September 1999 and September 2019 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 July 2019 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2019 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 85m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of detached houses in Cranleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Cranleigh, and where CORNERWAYS lies on this distribution: 6% of detached houses are smaller than CORNERWAYS, and 94% of houses are larger. Note that EPC data is not available for all properties in Cranleigh.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on ALFOLD ROAD in CRANLEIGH, in the GU6 postcode district. The below map shows the position of CORNERWAYS on ALFOLD ROAD.