PINECREST, RIDGEWAY CLOSE, CRANLEIGH, GU6 7JD - £612,500

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

PINECREST is a large detached house of 159m², which could now be worth an estimated £764,813. It was last sold for £612,500 in August 2015, which was around 16% below the average August 2015 detached price in the Waverley local authority area. The most recent EPC inspection was May 2018, where the current energy rating was A, and the potential energy rating was A.

PINECREST Sold Prices

Land registry data shows three sales for PINECREST 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. Two of the three PINECREST sales were for below the average price, whilst one was 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
2015 17 AUG	£612,500	£728,300	16% below HPI
2005 18 NOV	£380,000	£455,164	17% below HPI
1996 29 MAY	£175,000	£165,289	6% above HPI

PINECREST 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 PINECREST sales between May 1996 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 November 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might PINECREST be worth now?

PINECREST might now be worth an estimated £764,813.

This is based on house price inflation of 24.9%, between August 2015 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 24.9% inflationary increase is applied to the most recent sale price for PINECREST of £612,500 on 17th August 2015. For the value to have increased from £612,500 to £764,813 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of PINECREST has moved in line with the HPI for detached houses in the Waverley local authority area.
• The August 2015 sale price of £612,500 represented a fair market value for the property.
• The size, condition, and specification of PINECREST has not materially changed since August 2015.

How Large is PINECREST?

PINECREST is 159m² according to the EPC inspection conducted in May 2018. This puts it in the largest 40% 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 PINECREST lies on this distribution: 68% of detached houses houses are smaller than PINECREST, and 32% of houses are larger. Note that EPC data is not available for all properties in Cranleigh.

PINECREST: Plot and Title Map

PINECREST sits on a plot of roughly 0.286 of an acre, or 1,156m². The below map shows the location of PINECREST, 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 PINECREST). 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 PINECREST?

PINECREST is located on RIDGEWAY CLOSE in CRANLEIGH, in the GU6 postcode district. The below map shows the position of PINECREST on RIDGEWAY CLOSE.