THE SPINNEY, NUTHURST AVENUE, CRANLEIGH, GU6 7JA - £450,000

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

THE SPINNEY is a midsized extended detached house of 139m², built sometime between 1900 and 1929, which could now be worth an estimated £738,459. It was last sold for £450,000 in July 2007, which was around 19% below the average July 2007 detached price in the Waverley local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

THE SPINNEY Sold Prices

Land registry data shows three sales for THE SPINNEY 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 THE SPINNEY 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
2007 24 JUL	£450,000	£554,173	19% below HPI
2005 14 OCT	£360,000	£450,662	20% below HPI
2001 14 JUN	£250,000	£337,896	26% below HPI

THE SPINNEY 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 THE SPINNEY sales between June 2001 and July 2007 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 October 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2007 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might THE SPINNEY be worth now?

THE SPINNEY might now be worth an estimated £738,459.

This is based on house price inflation of 64.1%, between July 2007 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 64.1% inflationary increase is applied to the most recent sale price for THE SPINNEY of £450,000 on 24th July 2007. For the value to have increased from £450,000 to £738,459 over the sixteen years and seven months to December 2024, the following assumptions must hold true:

• The value of THE SPINNEY has moved in line with the HPI for detached houses in the Waverley local authority area.
• The July 2007 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of THE SPINNEY has not materially changed since July 2007.

How Large is THE SPINNEY?

THE SPINNEY is 139m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the largest 50% 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 THE SPINNEY lies on this distribution: 52% of detached houses houses are smaller than THE SPINNEY, and 48% of houses are larger. Note that EPC data is not available for all properties in Cranleigh.

THE SPINNEY: Plot and Title Map

THE SPINNEY sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

THE SPINNEY is located on NUTHURST AVENUE in CRANLEIGH, in the GU6 postcode district. The below map shows the position of THE SPINNEY on NUTHURST AVENUE.