TELFS, MEAD ROAD, CRANLEIGH, GU6 7BG - £350,000

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

TELFS is a very small detached house of 91m², built sometime between 1991 and 1995. It was last sold for £350,000 in February 2011, which was around 35% below the average February 2011 detached price in the Waverley local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

TELFS Sold Prices

Land registry data shows two sales for TELFS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. Both of the two TELFS 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
2011 4 FEB	£350,000	£538,094	35% below HPI
2004 5 MAY	£75,000	£400,576	81% below HPI

TELFS 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 two TELFS sales from May 2004 and February 2011 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 May 2004 sale was for 81% below the HPI. So the extrapolation line tracks at 81% below the HPI over time, until the February 2011 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is TELFS?

TELFS is 91m² according to the EPC inspection conducted in January 2024. 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 TELFS lies on this distribution: 10% of detached houses are smaller than TELFS, and 89% of houses are larger. Note that EPC data is not available for all properties in Cranleigh.

TELFS: Plot and Title Map

TELFS sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of TELFS, 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 TELFS). 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 TELFS?

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