MEADOW WAY, WOODLANDS CLOSE, CRANLEIGH, GU6 7HP - £985,000

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

MEADOW WAY is a very large extended detached house of 203m², built sometime between 1950 and 1966. It was last sold for £985,000 in January 2023, which was around 10% above the average January 2023 detached price in the Waverley local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

MEADOW WAY Sold Prices

Land registry data shows four sales for MEADOW WAY 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 MEADOW WAY sales were for above 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
2023 30 JAN	£985,000	£891,521	10% above HPI
2017 7 FEB	£730,000	£714,026	2% above HPI
2014 29 AUG	£745,000	£609,824	22% above HPI
2005 28 JAN	£519,950	£411,178	26% above HPI

MEADOW WAY 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 MEADOW WAY sales between January 2005 and January 2023 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 February 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is MEADOW WAY?

MEADOW WAY is 203m², which includes three extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 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 MEADOW WAY lies on this distribution: 85% of detached houses are smaller than MEADOW WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Cranleigh.

MEADOW WAY: Plot and Title Map

MEADOW WAY sits on a plot of roughly 0.229 of an acre, or 927m². The below map shows the location of MEADOW WAY, 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 MEADOW WAY). 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 MEADOW WAY?

MEADOW WAY is located on WOODLANDS CLOSE in CRANLEIGH, in the GU6 postcode district. The below map shows the position of MEADOW WAY on WOODLANDS CLOSE.